The A2 Milk (A2M) is held by 20 ASX ETFs. Over the last 3 months it fell 15.0%: on $10,000, −$1496. We explain 1 big move in that time.
About A2M
- SectorConsumer Staples
- IndustryFood, Beverage & Tobacco
- Size$4.9b
- Held by20 ETFs
- Big moves1 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
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 rise 7.3% on 18 Aug 2026?
The A2 Milk
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.
The news clearly shows a A$300m special dividend was announced alongside the FY26 results on 17 August 2026, which is the most likely catalyst for the 7.27% upward move — special dividends of this size are strongly positive price signals. The mixed earnings picture (revenue growth but China supply chaos) and initially negative reaction (AFR and Rask Media both flagged a share price fall post-results) suggest the market initially sold off on earnings disappointment, but the special dividend likely triggered a recovery and short-squeeze dynamic, consistent with the 4.4x ATR move seen at detection. Volume at only 1.55x normal is moderate, slightly tempering confidence that this is purely dividend-driven versus a broader reassessment of the result.
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
Sector / macro signals
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+$23
- AQLT2.12% of the fund+$15
- MVE1.50% of the fund+$11
- FAIR0.67% of the fund+$5
- GEAR0.39% of the fund+$3
- EX200.33% of the fund+$2
- VETH0.24% of the fund+$2
- VHY0.20% of the fund+$1
- AYLD0.19% of the fund+$1
- STW0.18% of the fund+$1
The 10 that hold it most. All 20 are listed on the page under Held by.