4 of the best ASX ETFs to buy in July
Magnifying glass on ETF text next to a calculator and notepad.
A new month is upon us, so what better time to look at making some new additions to your portfolio.
If you are interested in exchange-traded funds (ETFs), then it could be worth checking out the four in this article.
Here's what you need to know about these ASX ETFs:
BetaShares Global Cybersecurity ETFÂ (ASX: HACK)
The first ASX ETF for investors to look at is the BetaShares Global Cybersecurity ETF. This strong-performing ETF provides investors with exposure to the cybersecurity sector. which is forecast to grow very strongly over the coming decades. This is being driven by rising levels of cybercrime and more infrastructure shifting to the cloud. This bodes well for the companies included in the fund, such as Accenture and Palo Alto Networks.
Betashares Global Uranium ETFÂ (ASX: URNM)
A second ASX ETF for investors to look at in July is the Betashares Global Uranium ETF. This fund aims to track the performance of an index that provides investors with exposure to the leading companies in the global uranium industry. This has been a great place to be over the last 12 months thanks to rising uranium prices. This has been driven by strong forecast demand for use in nuclear power and weak supply of the chemical element. Among its holdings are locally listed uranium stocks Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).
Betashares Global Quality Leaders ETFÂ (ASX: QLTY)
A third ASX ETF for investors to consider buying is the Betashares Global Quality Leaders ETF. It was recommended by Betashares' chief economist, David Bassanese, last year. And it isn't hard to see why. This fund allows investors to buy many of the highest quality companies that the world has to offer. At present, there are approximately 150 companies included in the ETF. These companies rank highly on four key metrics: return on equity, debt-to-capital, cash flow generation, and earnings stability.
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Accenture Plc, BetaShares Global Cybersecurity ETF, and Palo Alto Networks. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2025 $290 calls on Accenture Plc and short January 2025 $310 calls on Accenture Plc. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended Betashares Global Uranium Etf. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.