Bluescope (BSL) is held by 34 ASX ETFs. Over the last year it rose 42.7%: on $10,000, +$4269. We explain 2 big moves in that time.
About BSL
- SectorMaterials
- IndustryMaterials
- Size$13.5b
- Held by34 ETFs
- Big moves2 in 1Y
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −6.5%20 Aug 2026· Earnings Beat
BlueScope Steel fell sharply as investors sold into strong FY26 earnings and a capital return announcement, with the market concluding shares were fully valued after the post-results rally.
- +20.8%6 Jan 2026· Takeover / M&A
BlueScope Steel received a $13.15 billion takeover bid from SGH and Steel Dynamics at $30 per share, announced on the day of the price move.
Held by 34 ETFs
Of every $10,000 in each fund, how much is in BSL today.
- VSOVanguard MSCI Australian Small Companies Index ETF$2392.39%
- ALFAVanEck Australian Long Short Complex ETF$2242.24%
- SYISTATE STREET SPDR MSCI AUS SELECT HIGH DIVIDEND YIELD ETF$1881.88%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$1821.82%
- OZXXGlobal X Australia ex Financials & Resources ETF$1791.79%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$1681.68%
- AQTYVANECK MSCI AUSTRALIAN QUALITY PLUS ETF$1601.60%
- AUMFiShares Edge MSCI Australia Multifactor ETF$1471.47%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$1391.39%
- MVOLiShares Edge MSCI Australia Minimum Volatility ETF$1371.37%
Why did BSL rise 20.8% on 6 Jan 2026?
Bluescope
BlueScope Steel received a $13.15 billion takeover bid from SGH and Steel Dynamics at $30 per share, announced on the day of the price move.
The takeover bid was announced on 2026-01-05, the exact date of the price move, and involved a significant premium to the previous share price. Multiple news articles directly cover this bid, confirming it as the dominant catalyst for the 20.82% surge.
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 34 ETFs holding BSL
On $10,000 in each fund, at the weight it holds today
- VSO2.39% of the fund+$50
- ALFA2.24% of the fund+$47
- SYI1.88% of the fund+$39
- GRNV1.82% of the fund+$38
- OZXX1.79% of the fund+$37
- OZR1.68% of the fund+$35
- AQTY1.60% of the fund+$33
- AUMF1.47% of the fund+$31
- EX201.39% of the fund+$29
- MVOL1.37% of the fund+$29
The 10 that hold it most. All 34 are listed on the page under Held by.