These are the most popular ASX ETFs that Aussies are buying in 2024

Let's see which ETFs are popular among local investors in 2024.

| More on:
a diverse groups of about twenty people stand together in a crowd staring to the front with angry and annoyed looks on their faces.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Ever wondered which exchange traded funds (ETFs) other people are buying?

Well, Commonwealth Bank of Australia (ASX: CBA) has spilled the beans on this and revealed the three most popular ETFs of 2024 so far.

Let's see which funds are the most popular on the CommSec platform. They are as follows:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Unsurprisingly, the most popular ETF among CommSec investors is the BetaShares NASDAQ 100 ETF.

This fund is filled to the brim with some of the highest quality stocks the world has to offer. This includes iconic companies such as Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA).

The good news is that this fund has delivered for investors this year. At the end of October, it has recorded a gain of approximately 22%. CommSec said:

In news that will surprise no-one: AI innovation continues to reshape our lives thanks to the offerings from high-growth tech companies like Apple, Amazon and Google. We're seeing leaps in cloud computing, advancements in AI-driven speech recognition and smarter advertising algorithms that enhance social media engagement. The progress is driving both growth and opportunity across the tech landscape.

iShares Core S&P/ASX 200 ETF (ASX: IOZ)

Another ASX ETF that is popular with investors is the iShares Core S&P/ASX 200 ETF. As its name implies, this fund gives investors access to the 200 ASX shares listed on the benchmark ASX 200 index.

It has had a reasonably successful 10 months, rising almost 7% during the period. Commenting on the fund, CommSec said:

One reason CommSec investors love this ETF is that it's an easy and affordable way to get exposure across Australia's equity market. In other words, you get a diversified portfolio with one fund that covers the top 200 companies listed on the Australian Securities Exchange. In 2024, growth has been partly boosted by Aussie tech stocks, major banks and solid gains from our retailers.

iShares Global 100 ETF (ASX: IOO)

Finally, the third most popular ASX ETF has been the iShares Global 100 ETF. It gives investors access to 100 of the biggest and best blue chips in the world.

And luckily for buyers, it has delivered impressive returns during the first 10 months of 2024. Over the period, the ETF achieved a return of 27%. Speaking about the fund, CommSec said:

The fund's tech-heavy focus (about 43%) has really been the star of its impressive performance, with AI-driven innovations shaking up industries everywhere. Even beyond tech, companies like Procter & Gamble and LVMH are getting in on the action, using digital tools to enhance customer experiences and streamline how they operate. It's not just about gadgets – it's about how companies across sectors are tapping into tech to stay ahead.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet, Amazon, Apple, BetaShares Nasdaq 100 ETF, Nvidia, and Tesla. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Alphabet, Amazon, Apple, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on ETFs

group of friends checking facebook on their smartphones
ETFs

40% of Gen Z have invested in this type of ASX stock

Here's why young investors love this type of ASX security.

Read more »

Portrait of a boy with the map of the world painted on his face.
ETFs

Overinvested in Australian shares? Try these 2 ASX ETFs

These funds look like solid diversification options in my book.

Read more »

A man and woman sit next to each other looking at each other and feeling excited and surprised after reading good news about their shares on a laptop.
ETFs

Why I'd buy these 2 ASX ETFs over the Vanguard Australian Shares Index ETF (VAS)

These funds offer a lot of what I’m looking for.

Read more »

RIO BHP Profit upgrade A business man open his shirt to reveal a superhero style $ on his chest, indicating a strong ASX share price
ETFs

3 excellent ASX ETFs to supercharge your portfolio

Here's what you need to know about these popular funds which are rated highly.

Read more »

A man in his office leans back in his chair with his hands behind his head looking out his window at the city, sitting back and relaxed, confident in his ASX share investments for the long term.
ETFs

Why these exciting ASX ETFs could be top buys for growth investors

Looking for growth? Check out these top funds that are filled to the brim with growth shares.

Read more »

A group of young people lined up on a wall are happy looking at their laptops and devices as they invest in the latest trendy stock.
ETFs

4 of the best ASX ETFs to buy now

Let's see why these funds could be among the best out there for Aussie investors.

Read more »

Smiling woman looking through a window.
ETFs

Keep it simple! Invest in the S&P Index with this affordable ASX ETF

This ASX ETF is a highly effective option, here’s why.

Read more »

A smiling woman with a handful of $100 notes, indicating strong dividend payments
ETFs

Invest $500 into these excellent ASX ETFs this month

Let's see why these funds could be quality picks for investors looking to put money into the market this month.

Read more »