There are plenty of exchange traded funds (ETFs) for investors to choose from on the Australian share market.
But which ASX ETFs might be top options in May? Listed below are three strong ETFs that could be worth considering:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ASX ETF to look at is the BetaShares Asia Technology Tigers ETF. This ETF gives investors exposure to the best tech stocks in the Asian market. This means you'll be buying companies such as ecommerce giant Alibaba, search engine leader Baidu, and WeChat owner Tencent. These all appear well-placed to benefit from Asia's growing tech-savvy population in the next decade.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The BetaShares NASDAQ 100 ETF could be another strong ASX ETF for investors to consider buying in May. This popular ETF gives investors exposure to the 100 largest (non-financial) stocks on Wall Street's NASDAQ index. These are many of the largest companies in the world including Amazon, Alphabet, Apple, Meta, Microsoft, Netflix, Nvidia, and Tesla. Collectively, these companies have extremely positive long term growth outlooks, which bodes well for the performance of this ETF in the future.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A third and final ASX ETF for Aussie investors to consider buying this month is the VanEck Vectors Video Gaming and eSports ETF. While this is yet another tech-focused ETF, this time it gives investors concentrated exposure to a growing area of the sector. As you might have guessed by its name, the VanEck Vectors Video Gaming and eSports ETF provides investors with access to the leading players in a global video game market estimated to comprise almost 3 billion active gamers and growing. Among its holdings are game developers such as Electronic Arts, Nintendo, Roblox, and Take-Two.
