May has turned out to be a fairly lacklustre month for ASX shares and the share market so far. Since the start of the month, the ASX 200 has shed around 0.6%. But that means it’s a better time to buy shares now, as opposed to the start of the month. So let’s talk about two ASX exchange-traded funds (ETFs) that could be worth buying right now.

These ETFs aren’t your plain-Jane index funds either and could bring an exotic touch to an ASX portfolio.

2 exotic ETFs worth a buy this May

BetaShares Global Cybersecurity ETF (ASX: HACK)

It’s almost tempting to recommend this sector-specific ETF just on its innovative ticker code alone. But let’s resist this temptation and take a look under the hood here. So this ETF holds a basket of companies from around the world that all offer products and services in the cybersecurity space.

Cybersecurity is arguably one of the best-placed industries for growth over the coming decades. The size and scope of internet use is only getting larger across all corners of society, and as it does, using the internet safely and securely will increase in importance.

That’s why this ETF is one of the funds worth checking out this May. It holds companies like Fortinet, Palo Alto Networks, Cisco Systems and Okta in its portfolio, which are all global leaders in cybersecurity solutions. This ETF has returned an average of 12.47% per annum over the past five years, and 14.32% per annum since inception in 2016. There are no guarantees in investing, but I am confident this sector’s best days are far ahead of 2023.

VanEck Morningstar Wide Moat ETF (ASX: MOAT)

This ETF from VenEck is a little different. It invests in a portfolio of select American shares that are chosen for their possession of a ‘wide moat’. A ‘moat’ is a term coined by the legendary Warren Buffett, and refers to a company’s intrinsic protections that it possesses against its competition. This could come in the form of a strong brand (think Apple or Coca-Cola), or else its ability to offer lower prices than its competitors (perhaps a Coles Group Ltd (ASX: COL) or Amazon).

Companies that this ETF selects all have something along these lines, according to the provider. So it’s no surprise to see Amazon and Buffett’s own Berkshire Hathaway within this ETF’s current portfolio, alongside other names like Adobe, Pfizer, Boeing and Domino’s Pizza.

Over the past five years, this ETF has returned an average of 16.61% per annum, and 15.41% per annum since inception in 2015.

The post 2 high-return exotic ETFs to buy in May appeared first on The Motley Fool Australia.

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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor Sebastian Bowen has positions in Adobe, Amazon.com, Apple, Berkshire Hathaway, Boeing, Coca-Cola, and VanEck Morningstar Wide Moat ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Adobe, Amazon.com, Apple, Berkshire Hathaway, BetaShares Global Cybersecurity ETF, Cisco Systems, Domino’s Pizza, Fortinet, Okta, Palo Alto Networks, and Pfizer. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2024 $420 calls on Adobe, long January 2024 $47.50 calls on Coca-Cola, and short January 2024 $430 calls on Adobe. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and Coles Group. The Motley Fool Australia has recommended Adobe, Amazon.com, Apple, Berkshire Hathaway, Okta, and VanEck 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 S&P/ASX 200 Index (ASX: XJO) moved in and out of the red on Monday, eventually closing 0.14% higher at 7,267.1 points.

Driving its gains was the S&P/ASX 200 Materials Index (ASX: XMJ). It jumped 0.8%, with gold stocks among its top performers. That was despite the price of the yellow metal closing last week slightly lower.

The S&P/ASX 200 Energy Index (ASX: XEJ) also outperformed, rising 0.6%, while the S&P/ASX 200 Real Estate Index (ASX: XRE) jumped 0.8%.

But it wasn’t green across the boards today. The S&P/ASX 200 Financials Index (ASX: XFJ) struggled on Monday, slumping 0.8%. The ANZ Group Goldings Ltd (ASX: ANZ) share price was the sector’s worst performer, falling 4% as the stock traded ex-dividend.

So, with all that covered, let’s take a look at the ten ASX 200 shares outperforming all others in the first session of the new week.

Top 10 ASX 200 shares countdown

The index’s biggest gain on Monday was posted by shares in funeral services provider InvoCare Ltd (ASX: IVC).

The stock launched 12.1% to close at $12.43 after the company fielded a $13 per share takeover bid.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
InvoCare Ltd (ASX: IVC)	$12.43	12.08%
Silver Lake Resources Ltd (ASX: SLR)	$1.095	7.88%
News Corp (ASX: NWS)	$27.27	5.05%
Sayona Mining Ltd (ASX: SYA)	$0.225	4.65%
Evolution Mining Ltd (ASX: EVN)	$3.94	4.23%
Regis Resources Ltd (ASX: RRL)	$2.15	3.86%
West African Resources Ltd (ASX: WAF)	$0.99	3.66%
De Grey Mining Ltd (ASX: DEG)	$1.49	3.47%
Gold Road Resources Ltd (ASX: GOR)	$1.935	2.93%
Perseus Mining Ltd (ASX: PRU)	$2.12	2.91%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

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• Why InvoCare, Newcrest, Silver Lake, and Silver Mines shares are rising today
• InvoCare shares rocket 11% today on sweetened $2.2 billion takeover offer
• 3 reasons I’m tipping the Telstra share price to keep rising in 2023
• Did you invest $5,000 in Evolution Mining shares in 2018? If so, here’s how much dividend income you’ve earned

Motley Fool contributor Brooke Cooper 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 an income investor, you will no doubt have considered the Rio Tinto Ltd (ASX: RIO) dividend at some point.

And there’s certainly good reason for this. The mining giant regularly shares a large portion of its profits with investors in the form of dividends.

This has seen billion of dollars returned to shareholders over the last few years, much to their delight.

But that was then and this is now. Will we be able to say the same in the future or are the dividend glory days behind us? Let’s take a look and find out.

Rio Tinto dividend forecast

According to a recent note out of Goldman Sachs, its analysts are expecting Rio Tinto to continue paying generous dividends for the foreseeable future.

After paying a fully franked US$4.92 per share dividend in FY 2022, Goldman expects an increase to US$5.36 per share this year. This equates to A$8.07 per share based on current exchange rates.

And with the Rio Tinto share price currently fetching $108.45, it will mean a sizeable 7.45% fully franked yield for income investors. Not bad considering the market average usually sits at around 4%.

What about next year?

Unfortunately, Goldman Sachs is expecting Rio Tinto’s earnings to soften a touch in FY 2024. It believes this will force the mining giant to cut its dividend to US$4.68 per share or A$7.04 in local currency.

The good news, though, is that this will still mean a greater than average dividend yield for investors of 6.5%.

Should you invest?

As well as expecting the Rio Tinto dividend yield to be large in the next couple of years, the broker also sees scope for its shares to rise meaningfully.

Goldman currently has a buy rating and $136.20 price target on its shares. This implies potential upside of 25% for investors from current levels.

All in all, the broker is expecting some very strong returns over the next 12-18 months. So, if you’re not averse to investing in the mining sector, it could be well worth considering Rio Tinto.

The post How big will the Rio Tinto dividend be next year? appeared first on The Motley Fool Australia.

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More reading

• Could the iron ore price slide below $100 US dollars in 2023?
• Why are ASX 200 mining stocks having such a shocking end to the week?
• This ASX small-cap lithium share is leaping 13% on a deal with Rio Tinto
• ASX 200 mining shares in focus: Top broker says current iron ore price is ‘unsustainable’
• Analysts say buy these top ASX dividend stocks with 5%+ yields

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) has kicked off the trading week on a volatile note so far this Monday. After starting out in the green, the ASX 200 has spent most of the day in red territory this session but has bounded back to the green, with the index currently up by 0.06% at just over 7,260 points.

But rather than trying to figure all of that out, let’s instead take a look at the shares that are currently at the top of the ASX 200’s share trading volume charts, according to investing.com. See if you can spot a theme today.

The 3 most traded ASX 200 shares by volume this Monday

Sayona Mining Ltd (ASX: SYA)

First up this Monday is the ASX 200 lithium stock Sayona Mining. This session has seen a sizeable 21.2 million Sayona shares swap hands as it currently stands. There hasn’t been any news out of Sayona itself today that might explain this huge volume.

But that hasn’t stopped this company from bucking the market’s general indecisiveness with a strong gain. At present, this ASX share has gained a pleasing 3.3% and is up to 22.2 cents per share. It’s this strong showing that probably explains the elevated volumes we are seeing.

Core Lithium Ltd (ASX: CXO)

Next up, we have another ASX 200 lithium stock to consider. Core Lithium has watched as a decent 21.95 million of its shares have made their way across the ASX boards so far today. Like Sayona, there hasn’t been any news to speak of out of Core Lithium itself.

But unlike Sayona, investors are sending this company down in value so far today. In Core Lithium’s case, we have seen a 0.21% drop in this company’s share price, putting it down to $1.1625 a share. With nothing else going on, it seems that this drop explains Core Lithium’s presence on this list today.

Lake Resources NL (ASX: LKE)

Finally, let’s check out yet another ASX 200 lithium stock in Lake Resources. A whopping 33.1 million Lake shares have traded on the ASX thus far today. It’s been a long time since we’ve seen any ASX updates out of Lake Resources (none in May so far). But that hasn’t stopped Lake shares from making a major move this Monday.

Investors have sent this stock packing, with the Lake share price having shed a nasty 5.85% so far this session, seeing the company down to 61.2 cents a share. Perhaps investors are pumping the brakes after the company put on more than 50% in value between 1 May and last Friday. Even so, it’s this sell-off that almost certainly explains why Lake Resources is topping our most traded shares list today.

The post Here are the 3 most heavily traded ASX 200 shares on Monday appeared first on The Motley Fool Australia.

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More reading

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• 5 things to watch on the ASX 200 on Monday

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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