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There are some compelling ASX shares that are now much cheaper than they were a few months ago. May 2022 may be a good time to look at these possibilities.

Some businesses are exposed to large addressable markets and are seeking to grow revenue strongly.

Revenue growth can help the compounding potential of these businesses over time.

Here are two compelling ASX shares to consider:

Temple & Webster Group Ltd (ASX: TPW)

This is a business that wants to become a very large Australian retailer of homewares, furniture and home improvement products.

The business valuation has fallen significantly in recent months. Since the start of 2022, Temple & Webster shares have dropped over 50%.

In the second half of FY22, it “continues to trade well” according to management. There has been year on year revenue growth of 23% for the period of 1 January to 30 April compared to the same period in 2020. It was up 116% compared to 2020.

Despite all of the global COVID-19 impacts, the company said its diversified supply chain, including both private label and drop shipping, continues to “hold up well” and underpin growth. It said it’s in a “strong” stock position in the fourth quarter of FY22.

The ASX share continues to invest in areas that help build “key strategic moats” around the business (like data, logistics, augmented reality and AI). It’s going to keep investing in organic growth opportunities like the private label offering while leaving room for potential acquisitions.

It just launched ‘The Build’ website, which targets the $16 billion home improvement market. An initial investment of around $10 million will be made across FY22 and FY23. The Build is expected to make a material revenue contribution and be earnings before interest, tax, depreciation and amortisation (EBITDA) positive in FY26.

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

This exchange-traded fund (ETF) helps investors get exposure to the global video gaming and e-sports sector.

For readers that know about gaming businesses, here are some of the largest names in the ASX share’s portfolio: Nvidia, Tencent, Advanced Micro Devices, Activision Blizzard, Nintendo, Netease, Sea, Unity Software, Electronic Arts and Nexon.

VanEck notes that there are more than 2.7 billion active gamers worldwide. Since 2015, video gaming has achieved 12% average annual growth since 2015 and e-sports revenue has increased by an average of 28% per annum.

The competitive video gaming audience is expected to reach 646 million people globally in 2023, driven partly by the rising population of digital natives, according to the Newzoo Global Esports Market Report.

E-sports has created new potential revenue streams for the video gaming businesses including game publisher fees, media rights, merchandise, ticket sales and advertising.

It has an annual management fee of 0.55%.

The post Are these 2 compelling ASX shares buys in May 2022? appeared first on The Motley Fool Australia.

More reading

• Wesfarmers share price slips as Bunnings competition heats up
• Why ARB, AVZ, Temple & Webster, and Zip shares are sinking
• Temple & Webster share price tumbles despite launching into $26bn home improvement market
• 3 ETFs for ASX investors in May
• 3 fantastic ASX growth shares with major upside potential

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 positions in and has recommended Activision Blizzard, Advanced Micro Devices, Nvidia, and Temple & Webster Group Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Electronic Arts and NetEase. The Motley Fool Australia has recommended Activision Blizzard, Nvidia, Temple & Webster Group Ltd, and VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports 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 Fortescue Metals Group Limited (ASX: FMG) share price has fallen on difficult times recently.

The world’s fourth largest iron ore miner’s shares have come under pressure amid the plunging price for the steel-making ingredient.

At Wednesday’s market close, Fortescue shares ended the day 2.38% lower to $20.12. This means that its shares are now down 8% for the past three trading days.

What’s going on with iron ore prices?

The drop of iron ore prices over the past week is providing a strong resistance to the resources industry.

As COVID-19 continues to spread throughout China, there are fears that the government may enforce a wider lockdown.

Iron ore prices have sunk almost 5% since this time last Wednesday to trade at US$144.08 per tonne.

It is expected that there will be a reduction in demand from Chinese steel mills in the next few months. This is because the construction sector has been heavily affected by the government’s strict zero-COVID policy.

The property and infrastructure industry makes up roughly 60% of China’s steel needs.

What does this mean for Fortescue?

The sharp decrease will no doubt have an impact on Fortescue’s bottom line; however, profits are still expected to be churned out.

In its March quarterly trading update, Fortescue reported record year to date iron ore shipments of 46.5 million tonnes. Coupled with its industry-leading C1 costs of US$15.78 per wet metric tonne, this still translates to bumper profits.

The company is forecasting an upgraded shipments guidance of 185 million tonnes to 188 million tonnes for FY22.

C1 costs are expected to slightly rise between US$15.75 and US$16 per wet metric tonne due to inflationary costs.

Only time will tell if Fortescue can achieve the above guidance, despite its strong dependence on the Chinese market. If it does miss the mark however, then its shares could tumble significantly further.

What do the brokers think?

Following the trading update, a couple of brokers rated the company’s shares with varying price points.

The team at UBS raised its 12-month price target by 9.4% to $18.70 for Fortescue shares.

However, Goldman Sachs had a more bearish tone, slashing its rating by 2% to $14.90 apiece. Based on the current share price, this implies a potential downside of almost 26% for investors.

Fortescue share price summary

It has been a rollercoaster ride for Fortescue investors, with its shares reaching all-time highs before sinking near 52-week lows.

Over the last 12 months, the company’s share price is down 11%, with year to date up almost 5%.

Fortescue has a market capitalisation of around $61.95 billion and approximately 3.08 billion shares on its books.

The post The Fortescue share price is down 8% in May. Is now the time to buy? appeared first on The Motley Fool Australia.

More reading

• ASX 200 mining shares slump, dragging index into the red
• Leading brokers name 3 ASX shares to sell today
• Why is the Fortescue share price down 5% on Tuesday?
• Here’s how some of the biggest ASX 200 shares are responding to the RBA’s rate rise
• How did the Fortescue share price stack up in April?

Motley Fool contributor Aaron Teboneras 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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Despite falling on hard times recently, the Lynas Rare Earths Ltd (ASX: LYC) share price has been a star performer over the medium-term.

Arguably, investing your money in companies that are new to market or emerging can reap some serious rewards. Of course, there is an inherent risk, particularly given that newcomer ASX growth shares, including this rare earths producer, traditionally lie outside the S&P/ASX 200 Index (ASX: XJO).

Below, we calculate how much you would have made if you’d bought $5,000 worth of Lynas shares five years ago.

How much would your initial investment be worth now?

If you’d invested $5,000 into Lynas shares in 2017, you would have picked them up for approximately 83 cents apiece. This equates to about 6,024 shares without topping up along the way during the retracement periods.

Fast-forward to today, Lynas shares closed at $8.95 on Wednesday. This means that those 6,024 shares would be worth a staggering $53,914.80.

When looking at percentage terms, this implies a gain of 980% or an average yearly return of 60.90%.

In comparison, investing the same amount in an ASX 200 index-tracking fund would have given back 24.30% over five years. This equates to an average of 4.45% per year.

If you are wondering about Lynas’ dividends, the company has chosen not to pay a percentage of its profits to date. Instead, it has decided to invest in its business and keep the balance sheet healthy in times of commodity downturns.

Lynas share price summary

Over the past 12 months, the Lynas share price has travelled more than 57% higher but is down 12% year to date.

The company’s shares hit a 52-week high of $11.59 cents in early April before treading lower in the following weeks.

Lynas presides a market capitalisation of roughly $8.2 billion and has more than 902.41 million shares on its registry.

The post If you’d bought $5,000 of Lynas shares 5 years ago, guess how much you’d have now appeared first on The Motley Fool Australia.

More reading

• The ASX 200 share ‘at the sweet spot of decarbonisation’: expert
• The Lynas share price has lost 16% in April, is it a buy?
• What’s going on with the Lynas share price today?
• ASX 200 midday update: AMP asset sale talks, Syrah rockets
• Why Adbri, Eroad, Lynas, and Perpetual shares are tumbling

Motley Fool contributor Aaron Teboneras 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 National Australia Bank Ltd (ASX: NAB) share price will be in focus this morning.

This follows the release of the banking giant’s half-year results.

NAB share price on watch after earnings miss

• Revenue up 4.6% over the prior corresponding period to $9,071 million
• Cash earnings up 4.1% to $3,480 million
• Net interest margin (NIM) down 11 basis points to 1.63%
• CET1 ratio of 12.48%
• Fully franked interim dividend per share up 22% to 73 cents

What happened during the half?

For the six months ended 31 March, NAB delivered a 4.6% increase in revenue to $9,071 million. This reflects strong growth in lending and deposits which were up 10% and 12%, respectively, versus the prior corresponding period.

It was a similar story on the bottom line, with cash earnings growth of 4.1% to $3,480 million. A key driver of this growth was the bank’s business banking operations.

The Business & Private Banking segment reported a 17.5% increase in cash earnings to $1,429 million. This reflects increased revenue from strong growth in lending and deposit volumes, broadly stable margins and a rise in fee income. Credit impairment charges were also lower. This was partially offset by higher operating expenses, including additional resources to support growth and investment in technology.

Also performing positively was the Corporate & Institutional Banking segment. It delivered a 3.1% increase in cash earnings to $806 million. This was driven by increased revenue, with strong growth in lending and deposit volumes combined with higher markets and fee income. This was partially offset by lower credit impairment write-backs and higher operating expenses.

In New Zealand, NAB reported an 8.4% lift in cash earnings to NZ$668 million. This reflects growth in lending and improved margins, which was partly offset by higher operating expenses and a rise in credit impairment charges.

Finally, the Personal Banking segment was out of form and reported an 8.3% decline in cash earnings to $788 million. Management advised that this was driven by lower credit impairment write-backs, combined with reduced revenue given competitive pressures and mix shift in the housing lending portfolio.

How does this compare to expectations?

While this result appears solid on paper, it appears to have fallen a touch short of expectations.

For example, according to a note out of Goldman Sachs, its analysts were expecting NAB to report first half cash earnings of $3,545 million.

Though, positively, NAB’s interim dividend of 73 cents per share came in ahead of Goldman’s forecast by one cent.

Management commentary

NAB’s CEO, Ross McEwan, was pleased with the bank’s performance during the half. He said:

“The execution of our strategy is delivering good results for our customers, colleagues and shareholders. We are producing better and faster experiences and getting the basics right more consistently. This has been achieved during a period of increased customer activity across all divisions of the bank, including the fastest growth in business lending since the GFC. 1H22 cash earnings increased 4% compared with 1H21. Revenue rose 4.6%, benefitting from pricing discipline and strong growth in lending and deposits which were up 10% and 12% respectively versus March 2021.”

However, one comment that could weigh on the NAB share price today relates to its cost growth targets, which have been reset higher.

He commented:

“Focused investment has been key to delivering strong momentum across our businesses. The recent shift to a higher growth outlook provides greater scope to keep investing while continuing to deliver productivity benefits. This, along with inflationary pressures has prompted a reset of our FY22 cost growth target to approximately 2-3%, to ensure we drive shareholder returns while balancing cost disciplines and growth opportunities. This target includes costs associated with the essential work underway to deliver the requirements of our Enforceable Undertaking (EU) with AUSTRAC.”

Nevertheless, Mr McEwan revealed that he is confident in the region’s medium term economic outlook and the strength of its balance sheet despite recent share buybacks. He said:

“Our results this period were achieved while maintaining strong balance sheet settings. This is key to delivering sustainable growth and keeping the bank safe. Our capital levels remain above our targets despite completing a $2.5 billion buy-back, with a further $2.5 billion buy-back commencing in May 2022. Our FY22 term funding is also well advanced. The lift in our 2022 interim dividend reflects progress of our strategy, confidence in the sustainability of our performance and our continued optimism in the medium term outlook for the Australian and New Zealand economies.”

The post NAB share price on watch amid $3,480 million half-year cash profit appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Thursday
• Why ASX 200 bank shares are in the spotlight
• Here’s how some of the biggest ASX 200 shares are responding to the RBA’s rate rise
• Own NAB shares? Here’s what to expect with the bank’s half-year result
• The ASX 200 shares that fund managers are buying and dumping

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 Australia and New Zealand Banking Group Ltd (ASX: ANZ) share price could be close to being fully valued.

That’s the view of analysts at Goldman Sachs following the banking giant’s half-year results.

How did ANZ perform compared to expectations?

According to the note, ANZ delivered cash earnings ahead of the broker’s expectations thanks to lower bad debts. However, things weren’t quite as positive for its operating profit, which fell short of forecasts due to higher costs.

Goldman explained:

“ANZ’s 1H22 cash earnings grew by 4% on pcp, 5% ahead of GSe. In contrast, 1H22 PPOP came in -3% lower than GSe, as a stronger NIM performance was more than offset by higher operating expenses and weaker non-interest income. The proposed interim DPS of A72¢ implies a payout ratio of 65% (non discounted DRP), while the 1H22 CET1 ratio of 11.5% (18.0% globally-harmonised) was 26 bp lower than GSe, largely driven by the RWA impact of higher rates.”

What did Goldman say about the ANZ share price?

The note reveals that Goldman no longer sees sufficient value in the ANZ share price.

It has downgraded the bank’s shares to a neutral rating and cut the price target on them to $29.84. And while this still implies potential upside of 9%, Goldman sees better opportunities elsewhere in the financial sector.

Particularly given how ANZ has now effectively abandoned its FY 2023 $8 billion cost base target, which offered valuation support, and a couple of specific issues putting pressure on the bank’s performance.

Goldman commented:

“Today’s result highlighted a significant shift in ANZ’s cost aspirations, and our analysis suggests this is not just due to inflationary pressures, but also ANZ specific issues, including higher than previously anticipated investment spend requirements (that will also be expensed quicker), and lower than previously expected levels of productivity.

With our revised TP now implying only 9% upside, in the middle of our A&NZ Financials’ coverage, we downgrade to Neutral. For the sector, beyond the cost issues, we saw ANZ’s NIM result and rate leverage as more constructive than we had previously expected, and asset quality — and therefore provisioning — trends as benign.”

The post ANZ shares downgraded after cost cutting plan abandoned appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Thursday
• Everything you need to know about the latest ANZ dividend
• ANZ share price rises after half-year earnings beat
• ASX 200 midday update: ANZ higher on results, Flight Centre and JB Hi-Fi sink following updates
• Why ASX 200 bank shares are in the spotlight

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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If you’re looking to beat inflation with some dividend shares, then the two listed below could be worth considering.

Analysts have recently named these ASX dividend shares as buys. Here’s what you need to know about them:

Adairs Ltd (ASX: ADH)

The first ASX dividend share for investors to look at is leading furniture and homewares retailer, Adairs.

While trading conditions have been tough this year, Adairs has been tipped to bounce back strongly in FY 2023. Particularly given its new national distribution centre and the recent acquisition of Focus on Furniture.

Morgans expects this to be the case and has put an add rating and $3.50 price target on its shares.

As for dividends, the broker is forecasting fully franked dividends of 19 cents per share in FY 2022 and 26 cents per share in FY 2023. Based on the current Adairs share price of $2.76, this will mean yields of 6.9% and 9.4%, respectively, over the next couple of years.

BHP Group Ltd (ASX: BHP)

Another ASX dividend share that is rated as a buy is BHP. It is of course one of the world’s largest miners with a collection of world class operations across a range of commodities and geographies.

Thanks to strong commodity prices, BHP has been generating bumper free cash flows again in FY 2022. This has analysts tipping the Big Australian to pay some big dividends in the near term.

Morgans, for example, is forecasting fully franked dividends per share of ~$3.93 in FY 2022 and then ~$2.95 in FY 2023. Based on the current BHP share price of $47.40, this implies yields of 8.3% and 6.2%, respectively.

The broker also sees value in the miner’s shares with its add rating and $54.30 price target.

The post Analysts name 2 inflation-beating ASX dividend shares to buy appeared first on The Motley Fool Australia.

More reading

• ASX 200 mining shares slump, dragging index into the red
• Here’s how some of the biggest ASX 200 shares are responding to the RBA’s rate rise
• The BHP share price has lost 10% in 2 weeks. Here’s why this expert is tipping a recovery
• What’s the outlook for ASX 200 mining shares in May?
• April hasn’t been kind to the BHP share price. Here’s what went down

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 ADAIRS FPO. The Motley Fool Australia has positions in and has recommended ADAIRS FPO. 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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On Wednesday, the S&P/ASX 200 Index (ASX: XJO) gave back its morning gains and ended the day in the red. The benchmark index fell 0.15% to 7,304.7 points.

Will the market be able to bounce back from this on Thursday? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market looks set to rebound on Thursday following an excellent night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 38 points or 0.5% higher this morning. On Wall Street, the Dow Jones rose 2.8%, the S&P 500 climbed 3% and the Nasdaq traded 3.2% higher. Investors were betting on the Federal Reserve taming inflation without causing an economic slowdown.

NAB half-year results

The National Australia Bank Ltd (ASX: NAB) share price will be one to watch when the banking giant releases its half-year results. According to a note out of Goldman Sachs, its analysts expect NAB to report first half cash earnings before one-offs of $3,545 million. This will be a 6% increase on the prior corresponding period. As for dividends, the broker expects the NAB board to declare a fully franked interim dividend of 72 cents per share. This will be a 20% increase on the same period last year.

Oil prices surge

It could be a very good day for energy shares including Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) after oil prices surged higher. According to Bloomberg, the WTI crude oil price is up 5.4% to US$107.95 a barrel and the Brent crude oil price is up 5.2% to US$110.41 a barrel. The prospect of a European ban on Russian oil drove prices higher.

ANZ shares downgraded

The Australia and New Zealand Banking Group Ltd (ASX: ANZ) share price could be close to being fully valued according to analysts at Goldman Sachs. In response to its half-year results, the broker has downgraded the bank’s shares to a neutral rating with a $29.84 price target. Goldman believes the removal of ANZ’s cost reduction target has removed valuation support.

Gold price tumbles

Gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could have a decent day after the gold price pushed higher overnight. According to CNBC, the spot gold price is up 0.9% to US$1,886.60 an ounce. Inflation risks gave the precious metal a boost.

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX shares today
• How is the AMP share price looking in May?
• Wesfarmers share price slips as Bunnings competition heats up
• Everything you need to know about the latest ANZ dividend
• Here are the 3 most heavily traded ASX 200 shares on Wednesday

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Looking for some small cap shares to buy? Then have a look at the ones listed below.

Here’s why they could be worth getting better acquainted with:

Airtasker Ltd (ASX: ART)

The first small cap ASX share to consider is Airtasker. It is a growing online marketplace provider for local services that estimates that it has a total addressable market of $600 billion across Australia, the UK, and the US markets.

It has also just announced an agreement to acquire Australia’s third largest local services platform Oneflare. This is expected to strengthen its offering and give it a strong presence in trades, home improvement and professional services.

Morgans is very positive on the company. It currently has an add rating and $1.15 price target on the company’s shares. Though, that could change in the coming days following the acquisition and the accompanying capital raise.

PlaySide Studios Limited (ASX: PLY)

Another small cap ASX share to that has been tipped as a buy is PlaySide Studios. It is one of the largest video game developers in Australia with a growing portfolio of titles.

In addition, the company has recently announced work for hire deals with a number of industry giants including 2K Games and Activision Blizzard. This appears to demonstrate PlaySide’s growing reputation in the industry and could open the door to other deals in the future if everything goes to plan.

Another potential money spinner is the company’s exposure to NFTs. For example, it recently revealed revenue of $8 million from NFTs related to the Dumb Ways to Die brand. Aussie NBA star Ben Simmons was a buyer of five of these tokens according to records.

Ord Minnett is a fan of PlaySide. It currently has a speculative buy rating and 95 cents price target on its shares.

The post Analysts say these small cap ASX shares have big futures appeared first on The Motley Fool Australia.

More reading

• Airtasker share price on ice amid major acquisition news
• Best ASX shares to buy in May 2022
• Top brokers name 3 ASX shares to buy today
• Are these 2 ASX tech shares top ideas for May 2022?
• ‘Super pleased’: Why the Airtasker share price is rocketing 12% today

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 Airtasker Limited. 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 All Ordinaries Index (ASX: XAO) may have fallen today but three ASX shares defied the trend.

The index dropped 0.3% today to 7,564.80 points. The S&P/ASX 200 Index (ASX: XJO) also fell 0.16% today, to 7,304.70 points.

Let’s take a look at which shares outperformed the ASX All Ordinaries Index today.

Origin Energy Ltd (ASX: ORG)

The Origin Energy share price reached a multiple-year high of $7.075 in today’s trade. This is the highest price since February 2020. The company’s share price retreated to finish at $7.00, a 1.3% gain on yesterday’s close. Brent Crude oil has climbed 1.12% to US$106.15 per barrel, according to Bloomberg, while natural gas fell 1.19%. Meantime, coal surged more than 8% on global markets, Trading Economics data reveals. Origin intends to close its coal-fired plant, the Eraring Power Station in New South Wales by 2025.

Coronado Global Resources Inc (ASX: CRN)

The Coronado Global Resources share price hit a yearly high of $2.43 in earlier trade today before closing at $2.38. Coronado is a metallurgical (met) coal producer, an essential element for steel. Coronado recently reported record coal sales in the March quarter, up 1.4% on the December quarter. The realised met coal price was also up 24.4% in the December quarter. Coronado is involved in projects in Queensland and the United States. The company claims it is one of the largest met coal producers globally.

Orora Ltd (ASX: ORA)

The Orora share price reached a yearly high of $4.02 in earlier trade today before retreating to $3.99 at the close of trade. Orora is a global packaging, products, and visual communications solutions company. Orora shares have been rising since the company’s investor day presentation on 28 April. The Orora share price has climbed 5% between market close on 27 April and 4 May. On 28 April, the company revealed operating and earnings momentum has exceeded its H122 results. Orora expects EBIT growth for FY22 to be higher than FY21. The total FY22 dividend is predicted to be at the top end of the 60 to 80% payout range.

The post 3 ASX All Ordinaries shares that smashed new 52-week highs today appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX shares today
• How is the Origin Energy share price managing to hit multi-year highs today?
• Up 80% in 2022, are Coronado shares heading for the ASX 200?
• Origin share price gains as surging commodity prices boost revenue to $2.5b
• 3 ASX 200 shares smashing new 52-week highs today

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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Are you looking for exchange traded funds (ETFs) to buy? If you are, then you may want to look at the two ETFs listed below that are popular with ASX investors.

Here’s why they could be worth getting better acquainted with:

BetaShares Crypto Innovators ETF (ASX: CRYP)

The first ETF for investors to look at is the BetaShares Crypto Innovators ETF. As its name implies, this ETF gives investors exposure to the cryptocurrency industry.

Though, rather than giving investors direct exposure to coins, it provides access to the companies propping up the industry. These companies include mining equipment manufacturers, trading platform providers, and even bitcoin and other cryptocurrency miners.

Among the shares you’ll be owning a slice of are crypto mining hardware manufacturer Canaan, crypto trading platform Coinbase, crypto bank Silvergate, and crypto mining company Riot Blockchain.

In respect to Coinbase, it is a leading trading platform that boasts that approximately 89 million verified users, 11,000 institutions, and 185,000 ecosystem partners in over 100 countries that trust it to invest, spend, save, earn, and use crypto.

BetaShares Global Cybersecurity ETF (ASX: HACK)

A second ETF for ASX investors to look at is the BetaShares Global Cybersecurity ETF.

With the cyber threat increasing each year, spending on cybersecurity services is predicted to increase to almost US$250 billion by 2023. This bodes well for the companies included in the HACK ETF, which are working to reduce the impact of cybercrime globally.

Among the companies you’ll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, and Splunk.

CrowdStrike provides the popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred.

The post 2 excellent ETFs for investors to buy in May appeared first on The Motley Fool Australia.

More reading

• 3 top ETFs for ASX investors to buy and hold for 10 years
• The Betashares Crypto Innovators ETF has dumped 23% in a month. Is it now a bargain?
• Are these 2 ASX tech shares top ideas for May 2022?
• Analyst names 2 top ETFs ASX investors should buy
• 2 exciting ETFs for ASX investors this month

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 BETA CYBER ETF UNITS and Betashares Crypto Innovators ETF. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. 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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