If you’re looking for exchange traded funds (ETFs) to buy next month, then you may want to check out the three listed below.

Here’s what you need to know about these popular ETFs:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF for investors to look at is the BetaShares Asia Technology Tigers ETF. This popular ETF gives investors exposure to the growing Asian economy through a number of the most promising tech shares in the region. This includes ecommerce giant Alibaba, search engine company Baidu, and WeChat owner Tencent. As these tech shares, and therefore the ETF, have been hammered in 2022, now could be an opportune time to make a patient long-term investment.

BetaShares Global Energy Companies ETF (ASX: FUEL)

Another ETF for investors to consider is the BetaShares Global Energy Companies ETF. As its name implies, this fund allows investors to own a slice of some of the biggest energy companies in the world. Among the fund’s holdings are the likes of BP, Chevron, ExxonMobil, and Royal Dutch Shell. All these companies look well-placed to benefit from sky high oil prices which are being underpinned by supply constraints following the loss of Russian supply.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

A third ETF to look at is the VanEck Vectors Morningstar Wide Moat ETF. This ETF has been inspired by legendary investor Warren Buffett. When he looks for an investment, he has a tendency to choose companies with sustainable competitive advantages or moats. VanEck has taken that into account and pulled together around 50 attractively priced companies with sustainable competitive advantages. These include Alphabet (Google), Altria, Boeing, Coca Cola, Kellogg Co, and Walt Disney.

The post 3 top ETFs to today in June appeared first on The Motley Fool Australia.

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• Why is the Betashares Asia Technology Tigers ETF having such a cracker of a day?
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Energy Companies ETF – Currency Hedged. The Motley Fool Australia has recommended BetaShares Asia Technology Tigers ETF and VanEck Vectors Morningstar Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Goodman Group (ASX: GMG) share price was a positive performer on Tuesday despite the market weakness.

The integrated global integrated industrial property company’s shares rose almost 1% to $20.55.

However, this wasn’t enough to stop the Goodman share price from recording a monthly decline of over 14%.

Why did the Goodman share price tumble in May?

The weakness in the Goodman share price appears to have been driven by the prospect of interest rates rising quicker than expected. Traditionally, rising rates have caused a de-rating in the Australian real estate sector and this tradition continued in May with the S&P/ASX 200 Real Estate index falling 8.9%.

This even managed to offset the release of another strong quarterly update from Goodman, which saw the company upgrade its earnings guidance yet again.

In case you missed it, for the three months ended 31 March, Goodman reported a 3.7% increase in like-for-like net property income and a 98.7% occupancy rate.

In light of this strong form and its work in progress of $13.4 billion across 89 projects, management upgraded its earnings per share guidance from 20% to at least 23%. This is the second upgrade of FY 2022.

Goodman’s CEO, Greg Goodman, explained that business is booming and is expected to continue thanks to long-term structural drivers.

He said:

Goodman has had another strong quarter with our operating results reflecting the highly targeted location of our portfolio. This has continued to produce high occupancy, cashflows, and development activity. The business environment is changing, with increased interest rates, inflation, geopolitical risks and the ongoing impacts of the pandemic, however, the long-term structural drivers of demand have not changed.

Where next for its shares?

In response to the update, the team at Citi retained their buy rating and $29.50 price target.

Based on the current Goodman share price, this implies potential upside of 43% for investors over the next 12 months.

Citi believes that Goodman’s guidance is conservative and feels that recent weakness has created a buying opportunity. It said:

Similar to previous periods, we see FY22 guidance as conservative given strong FUM growth into 4Q22, off the back of development completions and rising asset values (as GMG’s book cap rates are softer than market). Moreover, despite fears, we see the growth outlook as being robust for FY23 as well given solid demand for industrial (which is driving market rental growth above longer-term averages) and ongoing investment demand, which should support asset value and AUM growth. We re-iterate Buy and see the -25% YTD share price decline as a good entry point.

The post Why has the Goodman share price tanked 14% in a month? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Allkem Ltd (ASX: AKE) share price has surged ahead in May.

The lithium company’s shares have gained 12% from their $12.18 market open on 2 May to Tuesday’s closing price of $13.71. In today’s trade, the company’s share price fell 2.77%. For perspective, the S&P/ASX 200 Index (ASX: XJO) closed 1.03% lower today.

So why has Allkem had such a good month?

Why has the Allkem share price gone up?

Allkem is a lithium and boron producer with projects in Argentina, Western Australia, Japan, and Canada.

The company’s share price appears to have surged on the back of positive broker notes and optimism that lithium demand will outstrip supply.

As my Foolish colleague Zach reported on 25 May, Barrenjoey analysts rated Allkem as a buy with a $15 price target. This is 9% more than its current share price.

Brokers at Cowen showed even more optimism toward the Allkem share price, upgrading it to an $18 price target.

Meanwhile, earlier in May, Morgans placed an add rating on the company’s share price with a $16.98 price target. As my Foolish colleague James noted, because Allkem is already shipping lithium in large quantities, it has the potential to benefit from high lithium prices.

In the company’s quarterly activities report released in mid-April, Allkem said it aims to increase lithium production three-fold by 2026. The company is targeting maintaining a 10% share of the global lithium market across the next decade.

The company’s Mt Caitlin operation, located in WA, produced 48,562 dry metric tonnes (dmt) of spodumene concentrate at 5.4% lithium oxide grade in the March quarter. A total of 66,011 tonnes were shipped in the quarter, generating record revenue of US$143.8 million from this project.

Allkem is also expanding the Olaroz lithium carbonate facility in Argentina with a stage two lithium facility. Construction was 77% complete by the end of March with production targeted in the second half of this year.

In Japan, the company has completed the construction of the Naraha lithium hydroxide plant. First production from this site is predicted in the third quarter of this year.

Share price snapshot

The Allkem share price has soared 108% in the past 12 months, while it is up nearly 32% year to date.

For perspective, the ASX 200 benchmark index has returned less than 1% in the past year.

Allkem has a market capitalisation of about $8.7 billion based on the current share price.

The post Why has May been such a great month for the Allkem share price? appeared first on The Motley Fool Australia.

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• Why ASX lithium shares have ‘absolutely more room to run’ in 2022: expert
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The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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We know that the Vanguard Australian Shares Index ETF (ASX: VAS) is a popular choice for ASX investors. So much so that VAS remains the most popular ASX exchange-traded fund (ETF) by quite a mile. But that’s not all that makes the Vanguard Australian Shares ETF special.

VAS is an index fund, meaning that it blindly mirrors the ASX shares listed on an index in their proper proportions. But this is where VAS is unique. Most index funds that cover Australian ASX-listed shares on our share market do so by using the S&P/ASX 200 Index (ASX: XJO).

The ASX 200 is arguably the flagship index covering ASX shares. It lists the largest 200 or so companies by market capitalisation. So it makes sense that most ASX index funds use this simple benchmark.

But the Vanguard Australian Shares ETF isn’t most funds. VAS is unique among ASX ETFs in that it tracks the S&P/ASX 300 Index (ASX: XKO) rather than the ASX 200.

VAS: Is 300 better than 200?

As you might imagine, the ASX 300 reflects the performance of the 300 largest ASX shares, rather than the ASX 200’s 200.

This means that VAS has exposure to an additional 100 smaller ASX shares that aren’t held by any ASX 200 ETFs. It also means, by extension, that VAS’s portfolio is slightly less concentrated towards the largest blue-chip ASX shares such as BHP Group Ltd (ASX: BHP) and Commonwealth Bank of Australia (ASX: CBA) than an ASX 200 ETF is.

Thus, we can conclude that VAS is a unique ETF. But so what?

Well, VAS’s unique structure pays off for its investors. Or at least, it has. As of 30 April, VAS has returned an average of 9.78% per annum over the past 10 years. In contrast, an ASX 200 ETF in the iShares Core S&P/ASX 200 ETF (ASX: IOZ) has averaged 9.65% per annum over the same period. Perhaps that is making a mountain out of a molehill, but outperformance is outperformance.

The post VAS is a unique ETF on the ASX. Here’s why appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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