By the year’s end, American and global shares could account for a combined 70 per cent of younger investors’ portfolios.
Younger Australian investors are increasingly using ASX-listed exchange-traded funds to invest in the US sharemarket as skyrocketing international shares like Nvidia gain popularity.
Over five years, the outperformance is even more striking: the Nasdaq Composite gained 107 per cent compared to 81 per cent for the S&P500 and 28 per cent for the ASX200. At the same time, the Australian asset exposure of those users has dropped from 44 per cent to 35 per cent. That trend is likely to continue as the world’s largest sharemarket gains in size more rapidly than its Australian counterpart.Trade data from Pearler reveals younger investors are increasingly using ETFs to access US shares and invest in companies like sharemarket darling Nvidia – now the third-biggest company in the US – as well as other AI-focused hardware and software companies.
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