If you have money to invest in the share market after Christmas, then the ASX exchange traded funds (ETFs) in this article could be worth considering.
Let's see what they offer investors:
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BetaShares Cloud Computing ETF (ASX: CLDD)
The first ASX ETF to look at is the BetaShares Cloud Computing ETF. Due to the structural shift to the cloud, companies with exposure to cloud computing look positioned for growth over the next decade. It is for this reason that Betashares recently tipped this fund as a buy. It notes that "cloud computing has been one of the strongest-growing segments of the technology sector, and given much of the world's digital data and software applications are still maintained outside the cloud, continued strong growth has been forecast." Among its holdings are companies such as Shopify (NYSE: SHOP) and Zoom (NASDAQ: ZM).
Betashares Energy Transition Metals ETF (ASX: XMET)
Another ASX ETF that could be worth a look is the Betashares Energy Transition Metals ETF. Especially if you are wanting exposure to the resources sector. That's because it gives investors access to global producers of copper, lithium, nickel, cobalt, graphite, manganese, silver, and rare earth elements. These are all metals that will be important for the decarbonisation of the planet. Betashares named it on its list of ETFs to buy for 2024. The fund manager notes that "both electric cars and clean energy use notably more metals than their conventional counterparts, and many of these minerals have highly concentrated and insecure supply chains." Its holdings include Lynas Rare Earths Ltd (ASX: LYC) and Pilbara Minerals Ltd (ASX: PLS).
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
A third ASX ETF to consider buying is the BetaShares Asia Technology Tigers ETF. This popular fund provides investors with easy access to the best tech stocks in the Asian region (excluding the Japan market). Many of the companies included in the fund have very bright long term futures. This is thanks to Asia's growing middle class and its tech savvy population. Among its holdings are e-commerce leader Alibaba (NYSE: BABA), Temu owner PDD Holdings (NASDAQ: PDD), and search giant Baidu (NASDAQ: BIDU).
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another top ASX ETF for investors to look at is the Vanguard MSCI Index International Shares ETF. This fund gives investors access to somewhere in the region of 1,500 of the world's largest listed companies (outside Australia). This means that by buying the Vanguard MSCI Index International Shares ETF, investors can almost instantly diversify their portfolio. This could make it a great option if you are over-concentrated on certain sectors or local shares.
BetaShares S&P 500 Yield Maximiser (ASX: UMAX)
Finally, if you are an income investor, the BetaShares S&P 500 Yield Maximiser could be for you. It uses a covered call strategy over the 500 companies listed on Wall Street's S&P 500 index to target quarterly income that is significantly greater than the dividend yield of the underlying share portfolio. For example, thanks to the clever way that this strategy works, its units currently trade with an attractive 4.3% distribution yield.
