There are times when I’m happy to nibble at positions. And then there are times when I look at a share price and think the risk-reward is too attractive to ignore.

Right now, three ASX shares stand out to me for different reasons. All have been volatile. All carry risk. But at current prices, I believe they offer compelling upside relative to what the market seems to be assuming.

DroneShield Ltd (ASX: DRO)

DroneShield has been one of the most talked-about defence technology names on the ASX, and for good reason.

The company specialises in counter-drone solutions, using radio frequency detection and defeat technologies to neutralise hostile drones. With global conflicts highlighting the growing importance of drone warfare, demand for these systems is no longer theoretical. It is real and accelerating.

What I find particularly attractive is the scale of the opportunity relative to the company’s current size. Defence budgets globally are expanding, and counter-UAS capability is becoming a priority rather than an optional extra. DroneShield has built battlefield credibility, which I think gives it a genuine edge.

Yes, the share price has been volatile. And yes, revenue can be lumpy due to the nature of defence contracts. But when I look at the addressable market and the company’s expanding sales pipeline, I see asymmetric upside.

At these prices, I’d be comfortable loading up gradually and holding through the noise.

Block Inc. (ASX: XYZ)

Block is a very different story, but I think the opportunity is just as interesting.

Through Square, it provides payment and business tools to merchants. Through Cash App, it has built a powerful consumer financial ecosystem. And of course, it owns Afterpay, a brand that is deeply embedded in the Australian retail landscape.

Over the past year, tech sentiment and macro concerns have weighed heavily on the share price. Investors have questioned growth rates, margins, and exposure to consumer spending. But when I step back, I still see a business with enormous optionality.

Cash App continues to monetise its user base. Square remains a core operating system for small businesses. And the integration of Afterpay into the broader ecosystem strengthens both sides of the network.

If execution continues and growth stabilises, I believe the current valuation could look very conservative in hindsight. For investors willing to tolerate volatility, I think this is one worth loading up on.

Zip Co Ltd (ASX: ZIP)

Zip has been through the wringer over the past few years, but this is not the same business it once was.

The company has tightened credit settings, exited weaker markets, and focused on profitability. Importantly, it is no longer in survival mode. It has demonstrated improving margins and better credit performance, which I think the market is still underappreciating.

Buy now, pay later as a sector has matured. The reckless growth-at-all-costs phase is over. What remains are operators that can balance growth with discipline. I believe Zip is positioning itself as one of those operators.

With the share price crashing on Thursday, expectations appear far more grounded. If revenue growth continues and credit metrics remain stable, the earnings leverage could surprise on the upside.

At these levels, I see an attractive setup for long-term investors.

Foolish takeaway

DroneShield, Block, and Zip are not low-volatility blue chips. They are growth-oriented businesses operating in fast-moving sectors.

But that’s why I find them compelling at current prices. When sentiment is cautious and expectations are subdued, I think that’s often when the seeds of strong future returns are planted.

For me, these are three ASX shares I’d be happy to load up on and hold for the years ahead.

The post 3 beaten down ASX shares I’d load up on at these prices appeared first on The Motley Fool Australia.

More reading

• Buy, hold, or sell? Goodman Group, Wesfarmers, Zip shares
• Is the Zip share price crash a buying opportunity or a warning sign?
• Here are the top 10 ASX 200 shares today
• Why Goodman, Lovisa, Medibank, and Zip shares are falling today
• Zip shares crash 33% on results day

Motley Fool contributor Grace Alvino has positions in DroneShield. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Block and DroneShield. 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.

ASX mining shares closed higher yesterday, with the S&P/ASX 300 Metal & Mining Index (ASX: XMM) rising 1.41%.

So far this year, ASX mining shares have continued to outperform after an exceptionally strong run in 2025.

The Metal & Mining Index is up 11.8% in the year to date (YTD) while the broader S&P/ASX 300 Index (ASX: XKO) is up 3.8%.

Here are three ASX mining shares that the experts think will more than double in value over the next 12 months.

Sun Silver Ltd (ASX: SS1)

This ASX silver mining share closed at $1.87 yesterday, up 0.8%.

Sun Silver shares have fallen 1.8% in the YTD and rocketed 159% over the past 12 months.

Sun Silver owns the Maverick Springs Silver-Gold Project in Nevada, US, which is the ASX’s largest pre-production primary silver project.

Canaccord Genuity has a buy rating with a 12-month price target of $4.15, suggesting a potential upside of 122%.

However, East Coast Research says Sun Silver shares could reach $6.54 within 12 months, implying a potential 250% upside.

In a note, East Coast Research said:

SS1’s impressive recent 3rd Mineral Resource upgrade in under 2 years since listing places its Maverick Springs Project as a standout, strategically significant U.S. primary silver asset at a time when silver is becoming an important element of the North American / western-based secure supply chain thematic.

Here is the outlook for the silver price in 2026.

Turalco Gold Ltd (ASX: TCG)

The Turalco Gold share price closed 2.3% higher at 68 cents yesterday.

The ASX gold mining share has fallen 18.7% in the YTD and ripped 88% over the past 12 months.

Morgans retained a buy rating on Turalco after a visiting its Afema Gold Project in Côte d’Ivoire.

The broker commented:

Afema represents one of the largest undeveloped gold projects on the ASX, hosting a 4.06Moz resource at 1.2g/t Au.

The visit included all key resource prospects, future growth corridors, site infrastructure, core yard and a visit through the local community — reinforcing both the scale of the system and development readiness.

Morgans has a 12-month share price target of $2.19. This implies a 220% potential upside over the next 12 months.

Canaccord Genuity is less ambitious.

It has a buy rating and a target of $1.45, which suggests a still impressive potential 113% capital gain over the year ahead.

Check out some 2026 gold price forecasts here.

True North Copper Ltd (ASX: TNC)

The True North Copper share price closed at 49 cents on Thursday, up 4.3%.

This ASX copper mining share has fallen 5.8% YTD but risen 32% over the past 12 months.

True North’s flagship asset is the Mount Oxide exploration project, which has copper, silver, and cobalt deposits.

True North Copper also owns the Cloncurry Copper Project.

Morgans has a buy rating with a 12-month target of $1.20.

This suggests a possible 145% capital gain over the next year.

Check out Goldman Sachs’ 2026 forecast for the copper price here.

The post 3 ASX mining shares tipped to double in a year appeared first on The Motley Fool Australia.

More reading

• 2 ASX copper shares to buy: experts
• 3 ASX mining shares to buy: brokers
• What’s the outlook for the silver price?
• Sun Silver shares to soar 235% in 12 months, tips expert
• 4 ASX mining shares just re-rated by Morgans

Motley Fool contributor Bronwyn Allen 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.

On Thursday, the S&P/ASX 200 Index (ASX: XJO) was on form again and stormed higher. The benchmark index rose 0.9% to 9,086.2 points.

Will the market be able to build on this on Friday and end the week on a high? Here are five things to watch:

ASX 200 expected to fall

The Australian share market looks set to tumble on Friday following a poor night in the United States. According to the latest SPI futures, the ASX 200 is expected to open 52 points or 0.55% lower this morning. In late trade on Wall Street, the Dow Jones is down 0.8%, the S&P 500 is down 0.6%, and the Nasdaq is down 0.7%.

Oil prices charge higher

It could be a good finish to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices charged higher overnight. According to Bloomberg, the WTI crude oil price is up 2% to US$66.47 a barrel and the Brent crude oil price is up 1.9% to US$71.69 a barrel. This was driven by news that Donald Trump will decide whether to attack Iran within the next 10 days.

Rio Tinto results

Rio Tinto Ltd (ASX: RIO) shares will be on watch on Friday after the mining giant released its full-year results. The company reported a 9% increase in underlying EBITDA to US$25.36 billion. However, underlying earnings were flat at US$10.87 billion, which led to the Rio Tinto board holding its total dividends at US$4.02 per share. Rio Tinto’s chief executive, Simon Trott, said: “Our solid financial results demonstrate clear progress as we embed our stronger, sharper and simpler way of working. We achieved an 8% uplift in CuEq production driven by the ongoing ramp-up of the Oyu Tolgoi underground copper mine and record iron ore production since April from our Pilbara operations.” This result was short of consensus estimates, which could put pressure on Rio Tinto shares today.

Gold price eases

ASX 200 gold shares including Evolution Mining Ltd (ASX: EVN) and Newmont Corporation (ASX: NEM) could have a subdued finish to the week after the gold price edged lower overnight. According to CNBC, the gold futures price is down slightly to US$5,006.7 an ounce. Traders appear to be waiting for further developments between the US and Iran.

Buy Goodman shares

Goodman Group (ASX: GMG) shares are good value according to analysts at Bell Potter. This morning, the broker has retained its buy rating on the industrial property giant’s shares with a trimmed price target of $36.45 (from $37.40). It said: “We think today’s share price reaction reflects the lack of earnings upgrade which has featured at the 1H result in 8 of the last 10 years. While we remain constructive on GMG’s building DC pipeline (now 73% of WIP vs. 46% pcp) which requires extended timeframes and capital vs. industrial, the market is looking for further milestones particularly regarding tenant customer signings and clarity on profit-realising milestones to track delivery progress.”

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

More reading

• Everything you need to know about the latest Rio Tinto dividend
• Rio Tinto FY25: Higher revenue, stable dividend as growth projects ramp up
• Here are the top 10 ASX 200 shares today
• HUB24 shares jump 12% higher. Are the shares still a buy for 2026?
• Why are Goodman shares sinking 7% today?

Motley Fool contributor James Mickleboro has positions in Goodman Group and Woodside Energy Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

For most of the past decade, it has been easy to focus on the US market. Large-cap American tech stocks have dominated returns and drawn most of the attention.

But heading into 2026, I find myself increasingly interested in emerging markets.

VanEck’s latest research highlights that last year marked the strongest annual performance for emerging market equities since 2017, as measured by the MSCI Emerging Markets Index. More importantly, the drivers behind that strength may not be finished.

Rather than trying to pick individual stocks across unfamiliar markets, I would prefer to use ASX-listed exchange-traded funds (ETFs) to gain exposure. Two that stand out are the VanEck India Growth Leaders ETF (ASX: GRIN) and the VanEck MSCI Multifactor Emerging Markets Equity ETF (ASX: EMKT).

Here is why I think they are worth a closer look.

A weaker US dollar could help

One of the more interesting points in VanEck’s research is the historical relationship between US dollar weakness and emerging market outperformance.

If the US dollar continues to soften, as some expect due to slowing growth and monetary easing, that could provide a meaningful tailwind for emerging markets. Historically, weaker dollar cycles have tended to persist once underway.

For me, that macro backdrop makes emerging markets more attractive than they have been in recent years.

Growth and valuation both matter

Another reason I’m paying attention is the growth differential.

VanEck highlights that emerging economies continue to grow at nearly double the pace of developed markets. At the same time, analysts are pricing in around 20% earnings-per-share growth in the short to medium term.

What makes that more compelling is valuation. Emerging markets are trading at roughly a 25% relative discount to developed markets.

Stronger growth and cheaper valuations do not guarantee outperformance, but they are a combination I find hard to ignore.

Why I’d consider the EMKT ETF

The VanEck MSCI Multifactor Emerging Markets Equity ETF appeals to me because it is not just a broad index tracker.

It applies a four-factor framework, selecting companies based on value, momentum, low size, and quality. VanEck notes that these combined factors have demonstrated long-term outperformance relative to the broader MSCI Emerging Markets Index.

If I want diversified emerging market exposure but with a systematic tilt toward companies with stronger characteristics, the EMKT ETF looks like a sensible starting point.

Why I’m interested in the GRIN ETF

India, in particular, stands out to me. VanEck describes India as a key market to watch in 2026, noting that much of the volatility in 2025 was driven by sentiment rather than structural deterioration. Strong GDP and earnings growth, alongside easing policy, reinforce India’s potential to re-emerge as a standout performer.

The VanEck India Growth Leaders ETF focuses on 50 fundamentally sound Indian stocks with attractive growth characteristics.

If I want more targeted exposure to India’s long-term structural growth story, the GRIN ETF provides that focus in a single trade.

How I’d think about using them

Emerging markets are volatile. I would not treat either ETF as a defensive holding.

Instead, I would see the EMKT ETF as a diversified way to gain broad exposure to emerging economies, and the GRIN ETF as a higher-conviction allocation to India specifically.

Both would sit alongside developed market exposure rather than replace it.

Foolish takeaway

After years of US dominance, I think emerging markets deserve another look.

A weaker US dollar, stronger relative growth, and discounted valuations create a more favourable setup than we have seen in some time.

For investors willing to accept higher volatility in pursuit of higher growth, the EMKT ETF and the GRIN ETF are two ASX ETFs I would consider as part of a long-term portfolio in 2026.

The post Why I think these ASX ETFs are buys in 2026 appeared first on The Motley Fool Australia.

More reading

• The case for emerging markets ASX ETFs strengthens: Expert

Motley Fool contributor Grace Alvino 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.

Rio Tinto Ltd (ASX: RIO) shares were on form on Thursday.

The mining giant’s shares ended the day 2% higher at $168.55.

It seems that many in the market were expecting Rio Tinto to release a strong full-year result after the market close.

So, how did it perform and what does this mean for the latest Rio Tinto dividend? Let’s find out.

What did Rio Tinto report?

For FY 2025, Rio Tinto reported underlying EBITDA of US$25.4 billion. This was up 9% year-on-year, supported by an 8% uplift in copper equivalent production and disciplined cost control. Operating cash flow rose 8% to US$16.8 billion.

Underlying earnings were steady at US$10.9 billion, even after taxes and government royalties of US$10.4 billion. Profit after tax attributable to shareholders came in at US$10 billion.

Copper was the standout performer, with underlying EBITDA more than doubling to US$7.4 billion, reflecting higher production at Oyu Tolgoi and stronger prices. Aluminium & Lithium EBITDA rose 29% to US$4.6 billion, while Iron Ore remained highly profitable despite lower prices.

Importantly, strong cash generation allowed the company to both fund US$11.4 billion of capital investment and maintain shareholder returns.

The Rio Tinto dividend

The Rio Tinto board elected to declare a fully franked final dividend of US$2.54 per share. This is up from US$2.25 per share previously.

However, for FY 2025, its total dividends were flat year-on-year at US$4.02 per share.

In total, Rio Tinto will return US$6.5 billion to shareholders, representing a 60% payout ratio of underlying earnings. Notably, this marks the tenth consecutive year the miner has paid its ordinary dividend at the top end of its 40% to 60% payout range.

For Australian investors, using the current exchange rate, the full-year dividend of US$4.02 equates to approximately A$5.69 per share.

Based on its closing price of $168.55, this equates to a fully franked dividend yield of around 3.4%.

Commenting on the dividends, Rio Tinto’s chief executive, Simon Trott, said:

Our strong cash flow and balance sheet enable us to sustain a 60% payout ratio with a $6.5 billion ordinary dividend, making it the tenth consecutive year at the top end of the range.

When will the dividend be paid?

It won’t be too long until Rio Tinto’s shares go ex-dividend.

That is scheduled to take place early next month on 5 March. After which, eligible shareholders can look forward to receiving the Rio Tinto dividend the following month on 16 April 2026.

The post Everything you need to know about the latest Rio Tinto dividend appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Friday
• Rio Tinto FY25: Higher revenue, stable dividend as growth projects ramp up
• 5 things to watch on the ASX 200 on Thursday
• 3 high-quality blue-chip ASX shares I would buy right now
• How to make a $50,000 passive income from ASX shares

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.

Yesterday, Zip Co Ltd (ASX: ZIP) shares have crashed following the company’s half-year FY26 results announcement.

At the close of the ASX on Thursday afternoon, Zip shares were 33.87% lower at $1.865 a piece.

Yesterday’s crash means the stock is now 42.97% lower for the year-to-date and 26.57% below where it was this time last year.

Why is the share price crashing today?

Zip delivered a record result but investors were spooked by a number of the company’s metrics. Zip’s revenue margin declined 7.9%, net bad debts increased slightly to 1.73% of TTV.

The company also said it expected its second-half cash EBITDA is expected to be broadly in line with the first half. This suggests that profit growth could moderate from here rather than accelerate.

What’s ahead for Zip this year?

While the results might have missed expectations, there are still plenty of positives ahead for the company for the remainder of the year.

Late last year Zip also made some significant progress in plans to broaden its product range and expand its global presence. The buy now, pay later (BNPL) provider announced that its US segment is expanding its partnership with programmable financial services business, Stripe, a move which caused investor panic at the time. 

Zip is still considering plans to tap into the US capital markets too in order to boost its presence among US-based investors. It is considering a secondary sharemarket listing on the Nasdaq to potentially drive opportunities for business expansion.

What do brokers think of Zip shares?

There haven’t been any confirmed broker rating updates for Zip shares yet, but we might see some analysts confirm or change their position on the stock over the next couple of days.

At the time of writing, analysts still hold a bullish outlook on Zip shares. And while the results announcement slightly missed expectations, the experts think there is much more upside ahead for the stock this year.

The latest data from TradingView shows that all 11 analysts currently have a buy or strong buy rating on Zip shares. The average target price is $5.31 a piece, which implies a 186.42% upside at the time of writing.

However, if the shares reach the maximum target price of $6.72 this year, it would translate to a whopping 262.26% upside at the time of writing.

Ahead of the earnings announcement, the team at UBS confirmed its buy rating on Zip shares and confirmed its $5.20 target price on the BNPL provider. Citi also holds a buy rating on the stock.

The post Is the Zip share price crash a buying opportunity or a warning sign? appeared first on The Motley Fool Australia.

More reading

• Why Goodman, Lovisa, Medibank, and Zip shares are falling today
• Zip shares crash 33% on results day
• Zip reports record 1H FY26 cash earnings and upgrades guidance
• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Samantha Menzies 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.

If you’ve been following along with the markets, you’ll know it’s already been a big week for BHP Group Ltd (ASX: BHP) shares.

Not so much because of the share price gains, but rather for setting some remarkable new milestones. Though heading into Friday morning’s opening bell, shares in the S&P/ASX 200 Index (ASX: XJO) mining stock are well into the green over the first four trading days of the week.

BHP shares closed on Thursday trading for $53.23, putting the stock up 4.11% since last Friday’s close. That sees the share price up 29.89% since this time last year, not including dividends.

Now, here’s what’s been grabbing ASX investor attention this week.

BHP shares lift on surging copper earnings

BHP shares closed up 4.7% on Tuesday, the day the company released its half-year earnings results (H1 FY 2026).

Among the highlights of the six months to 31 December, the miner reported an 11% year-on-year increase in revenue to US$27.90 billion.

And profits attributable to shareholders surged 28% to US$5.64 billion.

Now, here’s what I found particularly noteworthy.

BHP’s underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 25% to US$15,46 billion, with underlying EBITDA from the miner’s copper division surging 59% to US$8 billion.

This marks the first time the company’s copper division has contributed more than half of BHP’s earnings. A milestone spurred by a 32% year-on-year increase in the average realised price the miner received for the red metal, at US$5.28 per pound.

And BHP shares look to have gotten a boost when management upgraded full-year FY 2026 copper production guidance to the range of 1.9 million to 2.0 million tonnes. BHP produced 984,000 tonnes of the red metal in H1.

On Thursday, copper was trading for US$12,912 per tonne, up more than 36% in a year.

Passive income boost

With profits surging, passive income investors will also have been attracted to BHP shares after management declared a fully-franked interim dividend of 73 US cents (AU$1.03) a share.

That’s up more than 30% in Aussie dollar terms and up 46% in US dollars.

If you’d like to score the latest BHP dividend, you’ll need to own shares at market close on 4 March. The ASX 200 mining stock trades ex-dividend on 5 March.

BHP shares embracing silver

Separately on Tuesday, BHP announced it had entered into a long-term streaming agreement with Wheaton Precious Metals Corp (NYSE: WPM).

The agreement will see BHP receive an upfront payment of US$4.3 billion at completion.

As the Motley Fool’s James Mickleboro explained, for that tidy sum, BHP will “deliver silver to Wheaton calculated by reference to its share of silver produced at the Antamina mine in Peru”.

The post Buying BHP shares? Here’s why this was a HUGE week for the ASX mining giant appeared first on The Motley Fool Australia.

More reading

• BHP share price lifts amid brokers re-rating the miner post-results
• I never thought I’d buy BHP shares, but I’m reconsidering. Here’s why
• Buy, hold, sell: BHP, SEEK, and Treasury Wine shares
• After a 46% dividend hike, are BHP shares a buy for income?
• What’s next for the BHP share price?

Motley Fool contributor Bernd Struben 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 recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX 200 tech shares closed 1.39% higher on Thursday, mid the S&P/ASX 200 Index (ASX: XJO), hitting a new record high.

Today is a rare bright spot for tech shares after a prolonged rout that has devastated the sector.

The S&P/ASX 200 Information Technology Index (ASX: XIJ) has fallen by more than 40% over the past six months.

By comparison, US tech stocks are still travelling reasonably well, although some big players have seen dramatic recent drops.

The NASDAQ-100 Index (NASDAQ: NDX) is up 6.5% over the past six months, but down 1.4% in the year-to-date (YTD).

Among the index constituents recently smashed are Aussie investor favourite Palantir Technologies Inc. shares, down 24% YTD.

Let’s dig deeper.

What’s driving the tech share downturn?

Investors are worried about how the artificial intelligence (AI) revolution will impact various industries and businesses.

Firstly, there’s concern about US tech stock valuations after strong earnings growth pushed them higher last year.

Investors are also worried about AI capex commitments.

State Street Investment reports that the Mag 7 is expected to spend up to US$520 billion this year, up 30% from 2025.

The Mag Seven stocks all rose in 2025, but all of them have fallen YTD.

The worst performers are Microsoft Corporation shares, down 17%, and Amazon.com Inc., down 11%.

ASX ETF Global X Fang+ ETF (ASX: FANG), which includes the Mag 7 plus three others, is down 14% YTD.

A recent new concern is whether AI will simply wipe out software-as-a-service (SaaS) companies.

If agentic AI and generative tools can custom-write software, what does that mean for proprietary SaaS products?

We saw this fear play out in early February after Anthropic released a legal software plug-in for its Claude AI model on 30 January.

Since then, the share price of Thomson Reuters Corp, owner of Westlaw and legal research tools, has fallen 24%.

Other NASDAQ 100 SaaS companies have also taken a dive.

Atlassian Corporation Plc shares are down 31%, Workday Inc. stock is down 18%, and Adobe Inc. shares are down 10%.

ASX SaaS shares that have taken a beating over this period include accounting services provider Xero Ltd (ASX: XRO).

The Xero share price has fallen 15% since 30 January and is down 57% over the past 12 months.

Shares in enterprise software provider TechnologyOne Ltd (ASX: TNE) have dipped 4% since 30 January and 22% over the year.

Is there any way to leverage the tech rout for gains?

According to Tony Locantro from Alto Capital, there sure is.

This month, Locantro put a buy rating on Global X Ultra Short Nasdaq 100 Complex ETF (ASX: SNAS).

This ASX ETF allows investors to profit from the tech share rout, but Locantro warns it is best used as a short-term play.

He explains why (courtesy The Bull):

SNAS provides leveraged inverse exposure to the Nasdaq-100, typically rising by about 2 per cent to 2.75 per cent for every 1 per cent fall in the index on a daily basis.

With US technology valuations recently elevated and market leadership increasingly narrow, this ETF offers a tactical hedge against short term weakness in growth equities.

Locantro says the SNAS ETF is designed for short-term positioning and can be affected by compounding if held for extended periods.

However, during heightened volatility or sharp corrections, Locantro says downside moves in the Nasdaq “can translate into meaningful gains”.

The post ASX ETF to buy now amid global tech share downturn appeared first on The Motley Fool Australia.

More reading

• 3 ASX ETFs to target if you anticipate a tech turnaround 
• Why are ASX 200 tech shares down 43% in six months?
• Why I think this ASX tech share sell-off is a great time to invest
• 2 ASX ETFs I’d buy amid the AI sell-off

Motley Fool contributor Bronwyn Allen 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 Adobe, Amazon, Atlassian, Microsoft, Palantir Technologies, Technology One, Workday, and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2028 $330 calls on Adobe and short January 2028 $340 calls on Adobe. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool Australia has recommended Adobe, Amazon, Microsoft, Technology One, and Workday. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Rio Tinto Ltd (ASX: RIO) share price is in focus as the mining giant delivered its full-year results, reporting revenue of US$57.6 billion (up 7%) and a 9% rise in underlying EBITDA to US$25.4 billion.

What did Rio Tinto report?

• Revenue rose 7% to US$57.6 billion
• Underlying EBITDA increased 9% to US$25.4 billion
• Net profit attributable to owners fell 14% to US$10.0 billion
• Underlying earnings were stable at US$10.9 billion
• Net cash from operating activities up 8% to US$16.8 billion
• Ordinary full-year dividend maintained at US$6.5 billion (60% payout ratio)

What else do investors need to know?

Rio Tinto delivered an 8% uplift in copper equivalent production, supported by the completion of the Oyu Tolgoi underground copper mine and ongoing ramp-up in Pilbara iron ore. Record annual bauxite production and a strong showing from the aluminium segment also contributed to performance, while the recent Arcadium Lithium acquisition expanded the group’s footprint in battery minerals.

The company continues to emphasise operational discipline and cost control, achieving a 5% reduction in unit costs (in 2024 real terms). However, overall net profit declined versus last year, reflecting higher tax, increased depreciation with new projects online, and the integration of lithium assets. The group ended the year with net debt of US$14.4 billion, primarily from the Arcadium deal.

What’s next for Rio Tinto?

Looking ahead, Rio Tinto maintains production and capital investment guidance consistent with its medium-term strategy. The company is targeting a sustained increase in copper equivalent production of 3% CAGR to 2030, supported by ongoing investments in major iron ore, copper, aluminium, and lithium projects across its global portfolio.

Decarbonisation remains a priority, with progress towards its 2030 Scope 1 and 2 emissions reduction targets. Management also highlighted plans to unlock further value via asset sales and portfolio optimisation, while keeping shareholder payouts at the top end of the target range.

Rio Tinto share price snapshot

Over the past 12 months, Rio Tinto share have risen 38%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 8% over the same period.

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The post Rio Tinto FY25: Higher revenue, stable dividend as growth projects ramp up appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The post Here are the top 10 ASX 200 shares today 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 positions in and has recommended Block, Hub24, and Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool Australia has recommended Hub24, IPH Ltd , and Sonic Healthcare. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.