Codan (CDA) is held by 23 ASX ETFs. Over the last 3 months it rose 53.3%: on $10,000, +$5330. We explain 3 big moves in that time.
About CDA
- SectorInformation Technology
- IndustryTechnology Hardware & Equipment
- Size$12.3b
- Held by23 ETFs
- Big moves3 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
- +20.0%29 Sep 2026· Guidance Up
CDA released a market-sensitive trading update the prior evening, which appears to have driven a sharp positive re-rating of the stock.
- +7.5%16 Sep 2026· Operational
Codan shares rose sharply on positive news flow around its growing communications order book, defence radio demand, and a CEO compensation update signalling confidence in leadership, alongside insider-led growth narratives gaining traction with investors.
- +12.6%20 Aug 2026· Earnings Beat
Codan's stock surged after releasing FY26 full-year results showing a 69% jump in net profit and 30% revenue growth, significantly beating market expectations.
Held by 23 ETFs
Of every $10,000 in each fund, how much is in CDA today.
- ATECBETASHARES S&P/ASX AUSTRALIAN TECHNOLOGY ETF$7237.23%
- MVEVanEck S&P/ASX MidCap ETF$2562.56%
- ALFAVanEck Australian Long Short Complex ETF$1971.97%
- MVWVanEck Australian Equal Weight ETF$1911.91%
- GMVWVanEck Geared Australian Equal Weight Complex ETF$1911.91%
- AQLTBetaShares Australian Quality ETF$1711.71%
- AUMFiShares Edge MSCI Australia Multifactor ETF$1421.42%
- MTUMBetaShares Australian Momentum ETF$1231.23%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$1001.00%
- VSOVanguard MSCI Australian Small Companies Index ETF$940.94%
Why did CDA rise 20.0% on 29 Sep 2026?
Codan
CDA released a market-sensitive trading update the prior evening, which appears to have driven a sharp positive re-rating of the stock.
The dominant signal is the market-sensitive 'Trading Update' announcement released at 22:28 UTC the prior day — approximately 7 hours before the price move was detected at open, consistent with an after-hours release digested at the next session's open. The 19.97% move at 9.7x ATR is far too large to be explained by sector peers (median 3.43%) or the IT sector index move (0.23%), both of which are well under one-third of CDA's move. The S&P 500 moved in the opposite direction, further ruling out macro or sector flow. The category 'Trading Update' on ASX most commonly conveys forward revenue/earnings guidance, and the market-sensitive flag strengthens the case for a positive surprise; absent the actual document content, guidance_upgrade is the most probable sub-category.
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
ASX announcements
Sector / macro signals
What it did to the 23 ETFs holding CDA
On $10,000 in each fund, at the weight it holds today
- ATEC7.23% of the fund+$144
- MVE2.56% of the fund+$51
- ALFA1.97% of the fund+$39
- MVW1.91% of the fund+$38
- GMVW1.91% of the fund+$38
- AQLT1.71% of the fund+$34
- AUMF1.42% of the fund+$28
- MTUM1.23% of the fund+$25
- GRNV1.00% of the fund+$20
- VSO0.94% of the fund+$19
The 10 that hold it most. All 23 are listed on the page under Held by.