Over the last 12 months, the ASX 200 index has risen by 10.5%.
While this is a strong return, there are a number of exchange traded funds (ETFs) out there that have beaten this.
Let's take a look at five market-beating ASX ETFs that could be great long term options for investors:
BetaShares Crypto Innovators ETF (ASX: CRYP)
The BetaShares Crypto Innovators ETF has been on fire over the past 12 months. During this time, the ASX ETF has risen by a whopping 39%.
If you're bullish on cryptocurrencies, then it could be worth looking at this fund as a long term option. This ETF is designed to capture the full breadth of the crypto ecosystem. This includes pure-play crypto companies, those whose balance sheets are held at least 75% in crypto-assets, and diversified companies with crypto-focused business operations.
Betashares Global Cash Flow Kings ETF (ASX: CFLO)
Betashares notes that companies that generate high levels of free cash flow historically have tended to outperform broad global equity benchmarks over the medium to long term.
Well, this certainly has been the case over the past year with the Betashares Global Cash Flow Kings ETF. During this time, the ASX ETF has delivered investors a return of 13.5%.
In addition, with Betashares tipping it as one to consider buying when interest rates start to fall, it could be an opportune time to invest given how rate cuts appear to be on the horizon. Among its holdings are Google parent Alphabet (NASDAQ: GOOG), payments giant Visa (NYSE: V), and cyber security leader Accenture (NYSE: ACN).
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF that has beaten the market is the BetaShares Global Cybersecurity ETF. It has risen 19% since this time last year.
The good news is that this outperformance could continue over the long term. That's because this ETF provides investors with access to the cybersecurity sector, which has been tipped to grow very strongly over the coming decades as cybercrime becomes even more prevalent. This bodes well for the companies included in the fund, which include both industry leaders and up and coming companies.
Betashares Global Uranium ETF (ASX: URNM)
The Betashares Global Uranium ETF has also smashed the market with its 12-month gain of 37%.
This ETF aims to track the performance of an index that provides exposure to a portfolio of leading companies in the global uranium industry. This could be a great place to be for the next decade given the strong demand for uranium for use in nuclear power and weak supply of the chemical element. Among its holdings are ASX uranium stocks Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF that has beaten the market is the Vanguard MSCI Index International Shares ETF. It has delivered a return of 16.5% over the last 12 months.
It appears well-placed to continue delivering good returns over the long term thanks to its focus on investing in approximately 1,500 of the best companies that the world has to offer. Among its holdings are companies from countries including the US, Japan, UK, France, Canada, and the Netherlands.