The ASX has bounced back strongly in recent weeks, recovering from April's sell-off.
While it is easy to feel like you've missed the dip, smart investors know it's never too late to start building long-term wealth. The key is staying invested in the right trends, sectors, and global opportunities.
And one of the best ways to do that without picking individual stocks is through exchange traded funds (ETFs).
With that in mind, here are five standout ASX ETFs that smart investors may want to consider buying in May.
Betashares Nasdaq 100 ETF (ASX: NDQ)
The Betashares Nasdaq 100 ETF tracks the Nasdaq 100 index. It is home to the world's top tech companies, including Apple, Microsoft, NVIDIA, and Amazon.
This means that buyers of this ASX ETF get instant exposure to AI, cloud computing, consumer tech, and digital infrastructure — all in one simple trade. For growth investors, it is hard to look past the sheer global dominance of the companies held by the fund.
Betashares Asia Technology Tigers ETF (ASX: ASIA)
The Betashares Asia Technology Tigers ETF opens the door to high-growth tech giants across Asia. This includes Tencent, Alibaba, Samsung, PDD Holdings, and Taiwan Semiconductor. It is more volatile than its U.S. counterpart, but also taps into an enormous, fast-growing consumer base and digital transformation trends.
With AI, fintech, and mobile-first platforms scaling rapidly in Asia, this ASX ETF offers a long runway of growth at attractive valuations.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
A third ASX ETF for smart investors to buy is the VanEck Morningstar Wide Moat ETF. It focuses on U.S. companies with sustainable competitive advantages and attractive valuations.
Its holdings change now and then to reflect valuation changes, but at present there are high-quality names such as Adobe, Pfizer, and Walt Disney included in the fund.
Its strategy avoids overpriced hype and leans into high-quality businesses when they're good value, making it a strong long-term holding for smart investors.
iShares S&P 500 ETF (ASX: IVV)
The iShares S&P 500 ETF is a straightforward, low-cost way to own 500 of the largest companies in the United States. This includes across sectors like tech, healthcare, mining, financials, and industrials.
For investors looking to build a globally diversified growth portfolio, this fund is about as reliable and long-term focused as it gets.
Betashares Global Cybersecurity ETF (ASX: HACK)
Finally, cybersecurity is no longer optional, it is essential. And the Betashares Global Cybersecurity ETF gives you targeted exposure to companies defending the digital world, such as CrowdStrike, Palo Alto Networks, and Fortinet.
As cyber threats grow, investment in this sector is only expected to accelerate. This ASX ETF allows you to capture this trend without the need to pick individual stocks.