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As an ASX bank share, National Australia Bank Ltd. (ASX: NAB) is concurrently known for being a strong dividend payer. It seems that to spiritually qualify as an ASX bank on the Australian share market, a bank needs to have a strong shareholder income policy.

This is reflected in all four of the ASX big four banks’ share prices today. All four currently have trailing, fully franked dividend yields over 4% today, with the exception of Commonwealth Bank of Australia (ASX: CBA), which is presently offering a dividend yield of 3.59%. In NAB’s case, we have a current dividend yield of 4.51%.

4.52% is objectively a pretty strong number for a dividend yield. It beats the pants off any savings account or term deposit the bank is currently offering. But many ASX income investors don’t just look at a raw dividend yield when it comes to choosing an income share. That can lead to picking a dividend trap. Thus, these investors often look to see if a company has been growing its dividend recently. After all, a growing dividend is a sign of a healthy and successful business. So has NAB been growing its dividend in recent times?

Has the NAB dividend been on the rise?

Well, it depends on what timeframe you want to use. NAB will pay its investors an interim dividend of 73 cents per share on 5 July. Its last dividend was the final dividend of 67 cents per share that shareholders got back in December.

These two dividend payments combine to give NAB shares their current yield of 4.51%. The interim dividend is indeed a healthy increase on 2021’s interim payment of 60 cents per share. It also looks pretty good against 2020’s interim dividend of 30 cents (although that was largely dictated by the pandemic back then).

However, zooming out and the comparison starts to become less rosy for NAB. 2019 saw the bank pay two dividends worth 83 cents per share each. Before that, NAB paid an annual total of $1.98 in dividends per share from 2014 to 2018.

So yes, the NAB dividend has been increasing over the past 12 months. But no, it has not been on a growth trajectory over any longer time frame. In fact, NAB’s dividends have been going backwards over the past four years or so. Something for income investors to consider today.

The post Has the NAB dividend been growing? appeared first on The Motley Fool Australia.

More reading

• 3 cheap ASX shares set to boom with higher interest rates: Wilsons
• Can ASX 200 banks really see a 15% profit jump if the cash rate hits 1%?
• Why I think NAB shares could be the smartest big four ASX bank to buy
• Is the NAB share price cheap with its recent pullback?
• This is the best ASX bank share to buy in a rising rate environment: Citi

Motley Fool contributor Sebastian Bowen has positions in National Australia Bank Limited. 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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If you’re looking to strengthen your portfolio with some ASX 200 blue chips, you may want to look at ResMed Inc (ASX: RMD) shares.

Why ResMed shares?

ResMed is a global leader in the development, manufacturing, distribution, and marketing of medical devices and cloud-based software applications that diagnose, treat, and manage sleep and respiratory disorders.

These include sleep disordered breathing, chronic obstructive pulmonary disease (COPD), neuromuscular disease, and other chronic diseases.

It has been growing at a consistently solid rate for over two decades and despite battling supply chain disruptions, ResMed has continued its growth in FY 2022. It recently reported 12% increase in third-quarter revenue to US$864.5 million and a 5% lift in operating income to US$234.3 million.

What are brokers saying?

In response to the update, analysts at Citi retained their buy rating with a $35.50 price target. This implies potential upside of 25% for investors over the next 12 months.

Citi is positive on ResMed’s growth outlook and, despite the aforementioned supply issues, still expects it to win a greater market share due to a competitor product recall. It commented:

“RMD cut its additional device guidance in FY22 by $100m to $200-250m due to the difficulty in sourcing semiconductors as it attempts to fill the void left by the Philips recall (whose device sales were ~US$800m pa).

We forecast $225m in extra sales (from US$360m) in FY22 – we expect this to continue in FY23 where we assume ~US$350m (from US$315m) of extra sales. Despite the short-term impact, we continue to expect ResMed will make a permanent 10% market share gain in devices due to the Philips’ recall.”

All in all, with ResMed shares “trading at PE of ~28x FY24E, below historical avg of ~32x,” the broker feels that now is an opportune time to invest.

The post Why this broker says ResMed is an ASX 200 share to buy appeared first on The Motley Fool Australia.

More reading

• Why is the ResMed share price climbing today?
• Analysts name 2 profitable ASX growth shares with 40%+ upside
• Broker names 2 of the ‘best’ blue chip ASX 200 shares to buy now
• Hoping to bag the Resmed dividend? Read this
• Guess which ASX 200 shares are defying today’s sell-off to climb higher

Citigroup is an advertising partner of The Ascent, a Motley Fool company. 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 recommended ResMed. The Motley Fool Australia has recommended ResMed Inc. 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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Last week, the BHP Group Ltd (ASX: BHP) share price pushed higher and recorded a 3% weekly gain.

This was driven largely by news that Woodside Petroleum Limited (ASX: WPL) shareholders have voted in favour of the merger with BHP’s petroleum assets.

So, with the merger now less than two weeks away from completion, BHP shareholders are on the cusp of receiving another dividend.

What is the latest BHP dividend?

The latest BHP dividend won’t be the cash payment that shareholders have been accustomed to in recent years. This time around, eligible shareholders will be receiving an in-specie dividend.

An in-specie dividend is a dividend that is paid in assets rather than cash.

In respect to the latest BHP dividend, those assets will be shares in Woodside, with shareholders set to receive one new share for every 5.534 BHP shares they hold on Thursday 25 May. Any entitlement to a fraction of a Woodside share will be rounded down to the nearest whole share.

This means that if you had 212 BHP shares, which is the equivalent of a $10,000 investment, you would receive 38 new shares in Woodside. These have a market value of $1,093.26 based on the current Woodside share price.

What’s next?

To be eligible for the next BHP dividend, investors will need to own the Big Australian’s shares before they trade ex-dividend on Wednesday 25 May. From that day onwards, the dividends will stay with the seller.

After which, eligible shareholders will receive the dividends/shares in Woodside on the afternoon of 1 June when the merger is expected to complete.

Those new shares will then commence normal trading on the ASX a day later on Thursday 2 June.

It’s also worth noting that Woodside is changing its name and ticker code next Wednesday. The new merged group will be known as Woodside Energy Group Ltd with the ticker code WDS.

The post Everything you need to know about the upcoming BHP dividend appeared first on The Motley Fool Australia.

More reading

• Why is the Woodside share price dropping 4% today?
• Why BHP, Chalice Mining, IGO, and Life360 shares are storming higher
• ASX 200 midday update: BHP, IGO, and Woolworths charge higher
• BHP share price higher following Woodside shareholder merger approval
• 5 things to watch on the ASX 200 on Friday

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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It’s been a pretty wild week for the Commonwealth Bank of Australia (ASX: CBA). The CBA share price ended up closing at $104.60 on Friday, up 0.77% for the day after some big falls on Thursday.

Perhaps news of the bank’s new digital mortgage platform has been helping to boost investor sentiment this week.

Yes, on Tuesday, CBA’s management announced the launch of ‘Unloan’, a new digital platform designed to provide “one, simple, low-cost interest rate”.

In a company press release, CBA told Australians the following:

Owner-occupiers who refinance to Unloan will pay an interest rate of 2.14% (2.06% comparison rate) and investors 2.44% (2.36% comparison rate). Digital applications take as little as ten minutes and customers receive a loyalty discount that grows by 0.01% p.a. every year, up to 30 years.

Customers looking to refinance their properties up to a value of $3 million and up to 80% of their value can start applying now.

In addition, the bank also announced a new app called ‘Kit’. Kit will be a “money app and digital information tool for kids, aimed at helping them learn about money, how to save, how to budget, and how to manage their spending”. The app is currently in pilot.

So is the CBA share price a buy now?

With all of these new products on the way, could this make the CBA share price a buy?

Well, those are really two different questions. According to an article in The Australian this week, ASX brokers like what they see coming out of CBA. The article quotes analysts at broker and investment bank Macquarie as saying the following:

While CBA’s strategy may require additional investment, we see a large proportion of investment as the cost of staying in business and hence expect banks to maintain/increase their investment spend in the medium term… CBA should be able to reduce the cost of originating a mortgage and reduce customer churn by offering a loyalty discount.

However, that wasn’t enough to stop Macquarie analysts from maintaining an “underperform” rating on CBA shares. As we covered last week, Macquarie still has a $90 share price target on CBA shares for the next 12 months. The broker reckons CBA shares don’t warrant their premium valuation compared to the other ASX banks.

Another ASX broker in Goldman Sachs is also struggling to see value in CBA shares today. It has its own “sell” rating on CBA right now, with a 12-month share price target of $89.86 a share. Goldman’s concerns over CBA shares are similar, citing a premium valuation as the most pressing concern.

At the current CBA share price, this ASX 200 bank share has a market capitalisation of $175.18 billion, with a dividend yield of almost 3.6%.

The post Is the CBA share price a buy following the bank’s digital mortgage launch? appeared first on The Motley Fool Australia.

More reading

• Is QBE considered an ASX dividend share?
• These were the worst performing ASX 200 shares last week
• Here are the 3 most traded ASX 200 shares on Friday
• Why is the Block share price leaping 9% on Friday?
• The Zip share price is rocketing 6% today. Here’s why

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 positions in and has recommended Goldman Sachs. The Motley Fool Australia has recommended Macquarie Group Limited. 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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If you’re looking for dividend shares with attractive yields, then you may want to look at the ones listed below.

Here’s why analysts rate these ASX dividend shares as buys:

Bank of Queensland Limited (ASX: BOQ)

The first ASX dividend share that could be a top option is Bank of Queensland.

This regional bank has been tipped as a buy by analysts at Morgans. In fact, they “see exceptional value” in its shares at the current level. Particularly given the success of its transformation program, its above-system growth, and cost synergies from the recent ME Bank acquisition.

The broker currently has an add rating and $11.00 price target on its shares. This compares favourably to the latest Bank of Queensland share price of $7.50.

As for dividends, Morgans is forecasting fully franked dividends per share of 49 cents in FY 2022 and then 54 cents per share in FY 2023. This implies yields of 6.5% and 7.2%, respectively.

Dexus Industria REIT (ASX: DXI)

Another ASX dividend share that has been rated as a buy is Dexus Industria.

This industrial and office focused property company, formerly known as APN Industria, owns interests in office and industrial properties across the country.

Macquarie is bullish on Dexus Industria due to strong demand and its sizeable industrial development pipeline. It expects this to underpin attractive dividends in the near term.

For example, Macquarie is forecasting dividends per share of 17.3 cents in FY 2022 and 18.6 cents in FY 2023. Based on the latest Dexus Industria share price of $3.12, this will mean yields of 5.5% and 6%, respectively.

Macquarie also sees plenty of upside of the company’s shares and has an outperform rating and $3.59 price target on them.

The post Analysts name 2 ASX dividend shares to buy with juicy yields appeared first on The Motley Fool Australia.

More reading

• Could Bank of Queensland shares deliver 46% upside AND a 4.5% dividend yield in 2022?
• How does the Bank of Queensland dividend compare to the other ASX 200 banks?
• 2 high-yield ASX 200 dividend shares to fight inflation according to brokers
• How has the Bank of Queensland share price travelled since the company’s half-year results?
• Is there upside in the Bank of Queensland share price in May?

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 S&P/ASX 200 Index (ASX: XJO) returned to form last week and recorded its first weekly gain of the month. The benchmark index climbed 1.1% to end the period at 7,145.6 points.

While a good number of shares rose with the market, some climbed more than most. Here’s why these were the best performers on the ASX 200 last week:

Chalice Mining Ltd (ASX: CHN)

The Chalice Mining share price was the best performer on the ASX 200 last week with a 27.5% gain. The majority of this gain came on Friday when the mineral exploration company received the final outstanding approvals to undertake low-impact exploration drilling at the Hartog-Dampier targets at the Julimar Nickel-Copper-PGE Project. These targets are located to the north of the globally significant Gonneville PGE-Ni-Cu-Co-Au deposit.

Allkem Ltd (ASX: AKE)

The Allkem share price was some way behind with a 17.6% gain over the five days. This was driven by a rebound in risk assets following recent weakness. And as lithium shares had been heavily sold off over the last four weeks, they bounced back stronger than most. For the same reason, the Pilbara Minerals Ltd (ASX: PLS) share price rose 15.4% last week.

Nickel Mines Ltd (ASX: NIC)

The Nickel Mines share price was on form and charged 12.2% higher last week. This follows news that the company’s 80%-owned Angel Nickel Project has now commenced commissioning of its fourth and final RKEF line well ahead of schedule. Nickel Mines’ Managing Director Justin Werner said: “To now have all four RKEF lines operating by mid-May, well ahead of their scheduled October delivery, is a remarkable achievement.”

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix share price wasn’t far behind with a 12% gain over the five days. This appears to have been driven by a positive reaction to the biopharmaceutical company’s annual general meeting presentation. At the event, management said the launch of its Illuccix product in the U.S. has “exceeded our expectations and we are seeing robust demand for the product.”

The post These were the best performing ASX 200 shares last week appeared first on The Motley Fool Australia.

More reading

• 2 stellar ASX 200 growth shares analysts rate as buys
• 3 ASX mining shares that went gangbusters on Friday
• Here are the 3 most traded ASX 200 shares on Friday
• Why BHP, Chalice Mining, IGO, and Life360 shares are storming higher
• Here’s why the Chalice Mining share price is jumping 15% today

Motley Fool contributor James Mickleboro has positions in Orocobre Limited and TELIXPHARM DEF SET. 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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Does the QBE Insurance Group Ltd (ASX: QBE) share price qualify as an ASX dividend share? Good question.

QBE is an ASX 200 financials share that has a long history as an Australian company. It was listed on the ASX back in 1973 but had existed in some form or another for almost 100 years prior to that.

At Friday’s close, QBE shares were trading at $12.47 each, down 0.16% for the day. That’s towards the upper end of the company’s 52-week range of $10 and $12.88 but still well below the pre-COVID highs of more than $15 that we saw back in early 2020.

But let’s talk dividends. So is QBE an ASX dividend share?

Is QBE Insurance an ASX dividend income share?

Well, the answer is a resounding yes.

QBE is an ASX share that has been paying its investors dividends for more than two decades. Saying that, its more recent dividends have been quite a bit lower than what QBE has historically forked out.

The company’s last dividend was its April final payout. This was a payment of 19 cents per share, partially franked at 10%, that investors received on 12 April.

Before that, investors received QBE’s interim dividend of 11 cents per share last September. The company skipped its final dividend payment last year but forked out a total of 31 cents per share in 2020.

But back in 2019, investors were seeing a total of 53 cents per share in dividends from QBE. In 2018, the company doled out a total of 26 cents per share, while 2017 resulted in a total of 55 cents.

So QBE Insurance is definitely an ASX dividend share, albeit one with a rather volatile payment history.

At the current QBE share price, this ASX 200 financials share has a trailing dividend yield of 2.40%, along with a market capitalisation of $18.47 billion.

The post Is QBE considered an ASX dividend share? appeared first on The Motley Fool Australia.

More reading

• These were the worst performing ASX 200 shares last week
• Here are the 3 most traded ASX 200 shares on Friday
• Why is the Block share price leaping 9% on Friday?
• The Zip share price is rocketing 6% today. Here’s why
• ASX 200 midday update: BHP, IGO, and Woolworths charge higher

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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Thanks to a strong finish to the week, the S&P/ASX 200 Index (ASX: XJO) recorded its first weekly gain of the month. The benchmark index rose 1.1% to end the period at 7,145.6 points.

Unfortunately, not all shares were able to climb with the market. Here’s why these were the worst performers on the ASX 200 last week:

Metcash Limited (ASX: MTS)

The Metcash share price was the worst performer on the ASX 200 last week with a 9.5% decline. This was despite the wholesale distributor announcing the renewal of a major contract with Drakes Supermarkets in Queensland. Sales by Metcash’s Food pillar to Drakes Queensland stores in FY 2021 were ~$220 million. Concerns over consumer spending due to inflation and high energy prices may have offset this news.

Boral Limited (ASX: BLD)

The Boral share price wasn’t far behind with a decline of 9.45% over the five days. Investors were selling this building products company’s shares after it revealed that its earnings have taken a hit from inclement weather and higher energy prices. This means that Boral will fall short of its underlying earnings before interest and tax (EBIT) guidance of $145 million and $155 million.

Nufarm Ltd (ASX: NUF)

The Nufarm share price was out of form and dropped 9.1% last week. This was driven by the release of the agricultural chemicals company’s half-year results. For the six months ended 31 March, Nufarm reported a 41% increase in underlying EBITDA to $330 million. This was in the middle of the company’s guidance range of $320 million to $340 million. It appears that some investors may have been expecting Nufarm to hit the top end of its guidance range.

Sims Ltd (ASX: SGM)

The Sims share price was a poor performer with an 8.3% decline over the period. This appears to have been driven by a broker note out of Goldman Sachs. Its analysts downgraded the scrap metal company’s shares to a neutral rating with a $21.30 price target. Goldman made the move on valuation grounds and prefers BlueScope Steel Limited (ASX: BSL) at current levels.

The post These were the worst performing ASX 200 shares last week appeared first on The Motley Fool Australia.

More reading

• Here are the 3 most traded ASX 200 shares on Friday
• Why Australian Vanadium, John Lyng, Nufarm, and Unibail-Rodamco-Westfield are dropping
• Why is the Block share price leaping 9% on Friday?
• These ASX All Ordinaries shares have the greatest margin risks from surging inflation: UBS
• The Zip share price is rocketing 6% today. Here’s why

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 fund manager Wilson Asset Management (WAM) has recently identified some ASX blue-chip shares that it owns (or owned) in one of its leading portfolios.

WAM operates several listed investment companies (LICs). Two of those LICs are WAM Capital Limited (ASX: WAM) and WAM Research Limited (ASX: WAX).

There’s also one called WAM Leaders Ltd (ASX: WLE) that looks at the larger businesses on the ASX, which investors can call ASX blue-chip shares.

WAM says WAM Leaders actively invests in the highest quality Australian companies.

Does WAM have a good reputation for picking stocks? The WAM Leaders portfolio has delivered gross returns (before fees, expenses, and taxes) of 16.1% per annum since its inception in May 2016, compared to the S&P/ASX 200 Accumulation Index average return of 9.8%.

These are the blue-chip ASX shares that WAM outlines in its recent monthly update.

Qantas Airways Limited (ASX: QAN)

Qantas is Australia’s largest airline. WAM noted that last month the company released a “strong” FY22 third-quarter update, with domestic travel rebounding to pre-COVID-19 levels ahead of expectations and “strong” demand for international travel as more markets and travel routes reopen.

The fund manager said it has confidence in Qantas’ earnings growth profile and the profitability targets for the medium term.

WAM also noted the Qantas plan for ‘Project Sunrise’ – it has an idea for the longest flight in the world in late 2025. It will fly direct from Sydney and Melbourne to London and New York.

Qantas has announced a major aircraft order which will be fulfilled over the coming decade by utilising debt and free cash flow.

The ASX blue-chip share has also launched a bid to buy Alliance Aviation Services Ltd (ASX: AQZ)

Brambles Limited (ASX: BXB)

Brambles boasts that it helps move more goods to more people in more places than any other organisation on Earth. It provides pallets, crates, and containers. Brambles says it helps form the invisible backbone of the global supply chain. It owns approximately 355 million pallets, crates, and containers.

WAM pointed to the FY22 third-quarter update where Brambles upgraded its FY22 earnings guidance for the second time in two months.

Brambles is seeing price increases, reflecting “more appropriate” cost-to-serve dynamics and inflation surcharges. Pallet availability remains “tight” across all key markets.

Prior to the takeover talks, WAM said the key Brambles share price driver would be the decision to move ahead, or not, with its plastic pallets project with Costco, as well as further clarity around the return profile that this investment may offer.

The fund manager likes Brambles because of its “underestimated defensive qualities, strong pricing power, and return potential as a non-consensus market view”.

Since WAM revealed its view on Brambles, the ASX share has been in preliminary talks about a takeover with CVC Capital Partners. But then Brambles told the market CVC wouldn’t be putting forward a proposal nor seeking to do due diligence because of the current external market volatility.

The post 2 ASX blue-chip shares this top fund manager thinks are good value appeared first on The Motley Fool Australia.

More reading

• ‘Never waste a crisis’: Expert picks one ASX share he’d buy right now
• Zip just joined forces with another ASX 200 company
• Ready for takeoff? Top broker sees smooth runway for Qantas shares in 2022
• Why Brambles, James Hardie, Seek, and Sezzle shares are sinking
• ASX 200 midday update: Brambles takeover talks end, resources shares charge higher

Motley Fool contributor Tristan Harrison 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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I believe that exchange-traded funds (ETFs) can be a very effective way to invest in ASX shares and global shares. After the recent volatility, I think there are some opportunities.

In theory, higher interest rates do act as a headwind for asset prices.

However, with some ETFs noticeably down, I think it’s worth noting that the underlying businesses in those ETFs are still operating, generating revenue, and aiming to grow for the long term.

The lower prices we’re now seeing with some of these businesses and ETFs look like opportunities to me. That’s why I think these two investments are attractive:

BetaShares Global Sustainability Leaders ETF (ASX: ETHI)

This ETF aims to give investors access to a portfolio of large businesses across the world that are “climate leaders”, according to BetaShares, which have passed screens that exclude businesses with significant exposure to fossil fuels or are “engaged in activities deemed inconsistent with responsible investment considerations”.

Some of the screens include avoiding businesses that are significantly engaged in weapons, gambling, alcohol, junk food, and more. The ETF also isn’t invested in businesses that have human rights or supply chain concerns, as well as ones that lack gender diversity.

The ETF owns 200 of the largest global businesses that pass all those screens. These are some of the companies in the portfolio, which each have a weighting of at least 2%: Nvidia, Apple, Visa, Home Depot, Mastercard, Toyota, UnitedHealth, ASML, Adobe, and Cisco Systems.

I think this ETF’s net returns have shown that ‘ethical’ businesses can perform just as well, if not better, as ones that don’t pass the ethical screens. Keeping in mind that past performance is not a guarantee of future performance, in the five years to April 2022 the ETF has returned an average of around 17% per annum.

In my opinion, this ETF can provide exposure to quality businesses that can perform well and also act ethically. It looks more attractively valued after a 20% fall in 2022.

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

This ETF is invested in the ASX tech share space. The S&P/ASX 200 Index (ASX: XJO) is heavily focused on financial and resource names. But, technology can be a sector that generates more revenue growth than others.

I think that the tech sector looks much better value after the heavy falls in 2022. The ATEC ETF has dropped 30% in 2022 at the time of writing.

There are currently 72 names in the ETF’s portfolio, with many of the biggest names being highly profitable.

These are the biggest 10 positions: Computershare Limited (ASX: CPU), Xero Limited (ASX: XRO), Seek Limited (ASX: SEK), Block Inc (ASX: SQ2), WiseTech Global Ltd (ASX: WTC), REA Group Limited (ASX: REA), Carsales.com Ltd (ASX: CAR), Nextdc Ltd (ASX: NXT), Altium Limited (ASX: ALU), and TechnologyOne Ltd (ASX: TNE).

While I wouldn’t necessarily buy every ASX tech share in the ATEC ETF portfolio for my own portfolio, I think the much lower price means the ETF is noticeably more attractive considering the structural shift towards technology over the long term.

The post 2 great ETFs I’d buy for my portfolio appeared first on The Motley Fool Australia.

More reading

• 2 buy-rated quality ETFs for May 2022: experts
• 2 top ETFs rated as buys for May
• Here are 2 top ETFs for ASX investors to buy next week

Motley Fool contributor Tristan Harrison has positions in Altium. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Adobe Inc., Altium, Apple, Block, Inc., Cisco Systems, Mastercard, Nvidia, Visa, WiseTech Global, and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2024 $420 calls on Adobe Inc., long March 2023 $120 calls on Apple, short January 2024 $430 calls on Adobe Inc., and short March 2023 $130 calls on Apple. The Motley Fool Australia has positions in and has recommended Block, Inc., WiseTech Global, and Xero. The Motley Fool Australia has recommended Adobe Inc., Apple, Mastercard, Nvidia, REA Group Limited, SEEK Limited, and carsales.com Limited. 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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