The best ASX ETFs for set-and-forget investing

This could be an easy way to invest in the Australian share market.

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If you don't want to spend your weekends buried in company announcements, earnings calls, and broker reports, you're not alone. In fact, many investors are perfectly happy to keep it simple — and that's where exchange-traded funds (ETFs) come in.

ETFs offer one of the most stress-free ways to build long-term wealth. They provide instant diversification, low fees, and — most importantly — they let you invest without constantly needing to check your portfolio.

So, if you're looking for set-and-forget ASX ETFs to help grow your nest egg over time, here are a few that might be worth a closer look. They are as follows:

Vanguard Diversified High Growth Index ETF (ASX: VDHG)

If you're after a one-ticket solution to long-term investing, the Vanguard Diversified High Growth Index ETF is about as hands-off as it gets. It is a diversified ASX ETF that holds a mix of global and Australian shares, with a small slice in fixed interest. The fund maintains an approximate 90% allocation to growth assets, making it a solid choice for those with a long-term horizon.

Because it is diversified across regions and asset classes, there's no need to rebalance or tweak — it is all done for you. You can literally buy this fund and let it do its thing for the next 20 years.

iShares S&P 500 ETF (ASX: IVV)

Do you want exposure to the biggest companies in the world? The iShares S&P 500 ETF gives you a stake in the S&P 500 index, which is home to giants like Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), and Walmart (NYSE: WMT), to name just three.

Over the long term, the U.S. market has delivered strong returns, driven by innovation, tech, and global consumer brands. This ASX ETF could be ideal for those wanting to own global leaders without having to pick individual winners.

Betashares Australian Quality ETF (ASX: AQLT)

If you want a passive way to invest in some of the best-run companies on the Australian share market, then the Betashares Australian Quality ETF is one to consider. It screens for businesses with strong balance sheets, stable earnings, and high return on equity — traits that tend to hold up well across market cycles.

You'll find names like CSL Ltd (ASX: CSL) and Telstra Group Ltd (ASX: TLS) in the mix, along with a few lesser-known high performers such as ARB Corporation Ltd (ASX: ARB) and Premier Investments Ltd (ASX: PMV). For investors wanting exposure to high-quality Aussie stocks without lifting a finger, this ASX ETF ticks a lot of boxes. It was recently tipped as one to buy by analysts at Betashares.

Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended ARB Corporation, Apple, CSL, Nvidia, Walmart, and iShares S&P 500 ETF. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended ARB Corporation, Apple, CSL, Nvidia, Premier Investments, and iShares S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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