Are these the best ASX ETFs to buy in May?

If you are looking for exchange traded funds (ETFs) to buy next month, then read on.

That’s because listed below are three ETFs that could be among the best to buy for the new month.

Here’s what you need to know about them:

BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)

The first ASX ETF to consider is the BetaShares S&P/ASX Australian Technology ETF.

This fund has been under significant pressure during the recent tech selloff, which has pulled valuations back across the sector. That weakness has changed the starting point for investors.

The BetaShares S&P/ASX Australian Technology ETF offers exposure to a group of Australian tech shares that are now rebuilding from lower levels. These businesses are still tied to long-term trends such as cloud computing, digital platforms, and software adoption.

Its holdings include companies such as Xero Ltd (ASX: XRO), WiseTech Global Ltd (ASX: WTC), and TechnologyOne Ltd (ASX: TNE).

If sentiment toward technology stabilises, the BetaShares S&P/ASX Australian Technology ETF could be a great way to gain exposure to a recovery in the sector. It was recently recommended by analysts at Catapult Wealth.

BetaShares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)

Another ASX ETF to look at in May is the BetaShares Global Robotics and Artificial Intelligence ETF.

This fund gives investors easy access to stocks that are helping transform the world with robotics and artificial intelligence.

Its holdings include companies such as ABB (SWX: ABBN), Intuitive Surgical (NASDAQ: ISRG), and Keyence Corporation.

ABB highlights how broad this theme has become. Its automation systems are now being used across manufacturing, energy, and infrastructure, showing that robotics is no longer confined to factories alone.

The BetaShares Global Robotics and Artificial Intelligence ETF captures the shift toward automation across the global economy. It was recently recommended by analysts at BetaShares.

Global X Defence Tech ETF (ASX: DTEC)

A third ASX ETF to consider in May is the Global X Defence Tech ETF.

Defence spending is no longer just about traditional equipment. Increasingly, it is being directed toward technology, including artificial intelligence, drones, and cybersecurity.

The Global X Defence Tech ETF focuses on companies operating in these areas, providing exposure to how defence is evolving.

Its holdings include companies such as Lockheed Martin (NYSE: LMT), Palantir (NASDAQ: PLTR), and Rheinmetall (ETR: RHM).

With global defence spending continuing to rise and becoming more technology-driven, the Global X Defence Tech ETF offers exposure to an increasingly important theme.

This fund was recently recommended by analysts at Global X.

The post Are these the best ASX ETFs to buy in May? appeared first on The Motley Fool Australia.

More reading

• All-weather ASX ETFs to buy if the market crashes 20%
• Why it’s time to look past the “SaaSpocolypse” and target Aussie tech
• 3 ASX ETFs with market-beating potential over the next 10 years
• Is this ASX ETF the perfect companion to Vanguard’s VAS?
• Where I’d invest my first $500 into ASX shares

Motley Fool contributor James Mickleboro has positions in Technology One, WiseTech Global, and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Abb, Intuitive Surgical, Palantir Technologies, Technology One, WiseTech Global, and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lockheed Martin and Rheinmetall and has recommended the following options: long January 2028 $520 calls on Intuitive Surgical and short January 2028 $530 calls on Intuitive Surgical. The Motley Fool Australia has positions in and has recommended WiseTech Global and Xero. The Motley Fool Australia has recommended Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.