3 fantastic ASX ETFs to buy in January
A new month (and year) is now on the horizon, so what better time to consider making some new additions to your investment portfolio.
If you are interested in exchange-traded funds (ETFs), then it could be worth considering the three in this article.
Here’s why these highly rated funds could be top options for investors next month and beyond:
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
The first ASX ETF for investors to look at is the BetaShares S&P/ASX Australian Technology ETF.
This ETF gives investors access to the leading Australian companies in the technology sector.
Betashares recently named it as one to buy. Its analysts believe that “with the nascent adoption of AI, cloud computing, big data, automation, and the internet of things, there’s a good chance that the next decade’s major winners will come from the tech sector.”
Its holdings include Pro Medicus Limited (ASX: PME), TechnologyOne Ltd (ASX: TNE), and Xero Ltd (ASX: XRO).
Betashares Australian Momentum ETF (ASX: MTUM)
Another ASX ETF for investors to consider is the Betashares Australian Momentum ETF. It was also recently tipped as a buy for Aussie investors.
Betashares points out that the ETF is the first to provide investors with a momentum strategy over Australian shares. It also highlights that the index the fund tracks has outperformed the S&P/ASX 200 index by an average of 2.3% per annum since its inception over 13 years ago.
The fund manager notes that momentum investing looks for stocks that show a recent trend of outperforming the broad market. It works on the theory that rising asset prices often continue rising, and falling prices tend to continue falling.
The ETF’s holdings include giants such as Commonwealth Bank of Australia (ASX: CBA) and Goodman Group (ASX: GMG).
BetaShares Diversified All Growth ETF (ASX: DHHF)
Finally, the BetaShares Diversified All Growth ETF could be an ASX ETF to consider buying in January.
This fund provides investors with access to approximately 8,000 large, mid, and small cap stocks from Australia, the United States, developed markets, and emerging markets.
This is achieved using ETFs from both Betashares and other leading ETF managers, and includes ETFs that trade in Australia, as well as on overseas exchanges.
Betashares also recently tipped it as one to buy. Its analysts note that the fund gives investors exposure to an “all-cap, all-world” share portfolio with the potential for high growth over the long term, which it feels it could be suitable for investors with a high tolerance for risk.