The A2 Milk (A2M) is held by 20 ASX ETFs. Over the last 6 months it fell 31.0%: on $10,000, −$3099. We explain 5 big moves in that time.
About A2M
- SectorConsumer Staples
- IndustryFood, Beverage & Tobacco
- Size$4.9b
- Held by20 ETFs
- Big moves5 in 6M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +7.3%18 Aug 2026· Dividend
A2 Milk's FY26 results included a A$300 million special dividend announcement, which is driving the share price higher despite mixed earnings and China supply chain disruptions weighing on sentiment.
- +9.8%20 Jun 2026· Regulatory
A2 Milk shares surged on news of China regulatory approval and a planned $300 million dividend.
- +10.2%13 Jun 2026· Sector Flow
A2 Milk shares rose along with a broad ASX 200 rally driven by a rebound in mining and gold stocks, with no company-specific news evident.
- −9.9%5 May 2026· Regulatory
A2 Milk shares plunged nearly 10% after the company recalled US infant formula batches due to toxin detection.
- −13.0%14 Apr 2026· Guidance Down
A2 Milk lowered its FY26 guidance due to supply chain disruptions and product shortages, triggering a sharp share price decline.
Held by 20 ETFs
Of every $10,000 in each fund, how much is in A2M today.
- SMLLBetaShares Australian Small Companies Select ETF$3223.22%
- AQLTBetaShares Australian Quality ETF$2122.12%
- MVEVanEck S&P/ASX MidCap ETF$1501.50%
- FAIRBetaShares Australian Sustainability Leaders ETF$670.67%
- GEARBetaShares Geared Australian Equities Complex ETF$390.39%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$330.33%
- VETHVanguard Ethically Conscious Australian Shares ETF$240.24%
- VHYVanguard Australian Shares High Yield ETF$200.20%
- AYLDGlobal X S&P/ASX 200 Covered Call Complex ETF$190.19%
- STWSTATE STREET SPDR S&P/ASX 200 ETF$180.18%
Why did A2M fall 13.0% on 14 Apr 2026?
The A2 Milk
A2 Milk lowered its FY26 guidance due to supply chain disruptions and product shortages, triggering a sharp share price decline.
Multiple news articles from the event date and the following day explicitly reference the company lowering FY26 guidance and facing supply chain challenges, directly explaining the stock's drop. The magnitude and volume align with a company-specific negative catalyst. The primary source is the company's own trading update and guidance revision.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 20 ETFs holding A2M
On $10,000 in each fund, at the weight it holds today
- SMLL3.22% of the fund−$42
- AQLT2.12% of the fund−$28
- MVE1.50% of the fund−$19
- FAIR0.67% of the fund−$9
- GEAR0.39% of the fund−$5
- EX200.33% of the fund−$4
- VETH0.24% of the fund−$3
- VHY0.20% of the fund−$3
- AYLD0.19% of the fund−$2
- STW0.18% of the fund−$2
The 10 that hold it most. All 20 are listed on the page under Held by.