These two ASX shares look like great buys to me in November 2026, let’s get into why.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
I’m a big believer in the concept of an economic moat. This exchange-traded fund (ETF) embeds economic moats as a central part of its investment strategy.
An economic moat is what helps a company stay ahead of its competitors. In medieval times, a moat would keep invaders out of the castle. These days, competitive advantages help someone like Coca-Cola stay ahead of own-brand colas, even if they’re cheaper.
Economic moats can be in a variety of forms like intellectual property, brand power, cost advantages, network effects and so on.
Companies can strengthen their economic moats over time as they grow. For example, Visa and Mastercard have built global networks of accepted payment networks which provide virtually all customers and businesses a cheap way to transact. More expensive options for payment options are unlikely to gain traction, but it’d be hard for them to get off the ground without the cost advantages that Visa and Mastercard already have.
The MOAT ETF invests in US businesses where Morningstar analysts think the economic moat will likely endure for the next 20 years, so these are appealing long-term businesses.
After narrowing it down to just businesses with wide economic moats, the MOAT ETF only invests when it thinks the shares are good value.
I expect the coming years will show the benefit of investing in enduring companies, so I’m very happy to invest today for the long-term.
Charter Hall Long WALE REIT (ASX: CLW)
The real estate investment trust (REIT) is a very generous pick for income with how it pays out 100% of its rental earnings each year as a distribution.
It’s not specifically a warehouse REIT, or a data centre REIT, or an office REIT…It owns a wide variety of properties across different real estate sectors and geographic locations.
I like to think of this ASX share as an investment in the entire property sector, which is good for diversification and the business doesn’t need to stick to one area – it can look for opportunities across the board.
Those properties are benefiting from regular rental growth, which are contracted to rise alongside inflation or at a fixed annual rate, which is a useful boost each year.
It reported net tangible assets (NTA) of $4.71 at June 2026 in its FY26 result, so it’s currently valued at a 28% discount to that value. This seems cheap to me. The guided FY27 distribution of $0.255 per security translates into a future yield of 7.5%.
