Here’s why these high-quality ASX ETFs could be buys this week

If you’re not keen on stock picking, but want to invest, then exchange traded funds (ETFs) could be the answer.

That’s because ETFs allow investors to buy large groups of shares through a single investment.

But which ASX ETFs could be worth considering this week? Three high-quality ETFs to look at are listed below, here’s what you need to know about them:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Alphabet, Amazon, Apple, Microsoft, and Tesla, to name just five, are among the ultra high-quality companies that you will be owning a slice of when buying this ASX ETF. That’s because the BetaShares NASDAQ 100 ETF gives investors access to the 100 largest non-financial shares on the famous NASDAQ index in one fell swoop. Given how positive their long-term outlooks are as a whole, this ETF could be a smart choice for buy and hold investors. 

iShares Global Consumer Staples ETF (ASX: IXI)

Another high-quality ASX ETF for investors to consider buying is the iShares Global Consumer Staples ETF. It could be a top option if you’re concerned that a recession is looming. That’s because the companies included in this ETF are likely to remain well-placed to navigate any crisis given how demand for their products remains consistent whatever happens in the economy. Among the global consumer staples companies held by the fund are Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.

iShares S&P 500 ETF (ASX: IVV)

A final ASX ETF for investors to consider buying is the iShares S&P 500 ETF. This ETF gives investors access to 500 of the top listed U.S. companies. This is a more diverse group of shares compared with the tech-heavy Nasdaq 100 ETF. So, if you’re not overly bullish on the tech sector, this ETF could be a great alternative. Among its holdings are the likes of Amazon, Apple, Disney, Facebook, JP Morgan, Johnson & Johnson, Microsoft, Tesla, and Visa.