It certainly has been a volatile few weeks for investors, with market selloffs shaking confidence and dragging down prices across the board.
But history shows that these difficult periods of weakness often present the best opportunities to build long-term wealth — especially for those who stay focused on quality.
One simple way to take advantage of discounted prices without trying to pick individual winners is to invest in high-quality exchange-traded funds (ETFs). These offer instant exposure to tens or even hundreds of companies.
Here are three ASX ETFs that could be well worth buying and holding forever following the recent market pullback.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
The first ASX ETF to look at is the VanEck Morningstar Wide Moat ETF. It is a US-focused ETF that invests in companies with durable competitive advantages. These are businesses that can defend their profits against competition and disruption, giving them a better chance of outperforming over time.
Current holdings include Microsoft (NASDAQ: MSFT), which continues to benefit from strong demand for its cloud and artificial intelligence (AI) services, and Amazon (NASDAQ: AMZN), which dominates global e-commerce and is growing rapidly in cloud infrastructure through the AWS brand. Other notable inclusions are Corteva, a global agricultural science company well positioned to benefit from food security and sustainability trends, and sportswear giant Nike (NYSE: NKE).
For investors who want exposure to high-quality US businesses trading at attractive valuations, this ASX ETF offers a smart way to do it.
BetaShares Nasdaq 100 ETF (ASX: NDQ)
Another ASX ETF to consider as a buy and hold investment is BetaShares Nasdaq 100 ETF. This fund tracks the performance of the 100 largest non-financial companies listed on the Nasdaq exchange, giving investors easy and instant access to some of the world's most innovative and high-growth businesses.
Among its top holdings are Apple (NASDAQ: AAPL), which continues to generate strong cash flows from its huge ecosystem of devices and services, and Nvidia (NASDAQ: NVDA), which has become a key enabler of the AI revolution with its advanced graphics processing.
While tech stocks can be volatile, the Nasdaq 100 has historically delivered strong long-term returns, and the recent pullback could offer a more attractive entry point for patient investors.
BetaShares Global Quality Leaders ETF (ASX: QLTY)
Finally, the BetaShares Global Quality Leaders ETF could be a top buy and hold option for Aussie investors. It focuses on the world's highest-quality companies, selected based on factors such as high return on equity, stable earnings, and low debt levels.
It could be a great option for investors who want global exposure with a focus on financial strength and consistency.
Top holdings include Visa (NYSE: V), a leader in global payments, and Nestle, one of the world's most recognisable consumer goods companies. The ETF also includes Roche, a healthcare giant with a robust pipeline of treatments and diagnostics.
The ETF was named as one to buy by analysts at Betashares.