Droneshield (DRO) is held by 17 ASX ETFs. Over the last 3 months it fell 25.1%: on $10,000, −$2510. We explain 5 big moves in that time.
About DRO
- SectorIndustrials
- IndustryCapital Goods
- Size$1.7b
- Held by17 ETFs
- Big moves5 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
- +9.0%30 Sep 2026· Contract
DroneShield shares surged after the company announced it was awarded a US$500 million US government indefinite-delivery/indefinite-quantity procurement contract.
- −11.7%26 Aug 2026· Earnings Miss
DroneShield's 1H 2026 results showed strong 74% revenue growth but disappointed the market with a $32.2 million statutory loss and slipping margins, triggering a sell-off despite the record top-line performance.
- +7.4%25 Aug 2026· Sector Flow
DRO lifted by a strong broad-based rally in ASX materials stocks, with the sector index rising well above its normal daily range on the same day.
- +14.6%4 Aug 2026· Unknown
A broad rally in US markets the prior day and a lift in Australian materials stocks appear to have carried DRO higher, though the move is far larger than these sector tailwinds alone would suggest
- −7.8%28 Jul 2026· Operational
DRO's own market-sensitive announcement covering contracts, product release, and a trading update appears to have disappointed investors, driving the stock down nearly 8%.
Held by 17 ETFs
Of every $10,000 in each fund, how much is in DRO today.
- SMLLBetaShares Australian Small Companies Select ETF$1331.33%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$510.51%
- ISOiShares S&P/ASX Small Ordinaries ETF$510.51%
- VSOVanguard MSCI Australian Small Companies Index ETF$270.27%
- OZXXGlobal X Australia ex Financials & Resources ETF$180.18%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$150.15%
- GEARBetaShares Geared Australian Equities Complex ETF$120.12%
- AECVBETASHARES AUSTRALIAN SHARES CATHOLIC VALUES ETF$8.730.09%
- VETHVanguard Ethically Conscious Australian Shares ETF$8.200.08%
- MTUMBetaShares Australian Momentum ETF$7.050.07%
Why did DRO rise 14.6% on 4 Aug 2026?
Droneshield
A broad rally in US markets the prior day and a lift in Australian materials stocks appear to have carried DRO higher, though the move is far larger than these sector tailwinds alone would suggest
The S&P 500 rose ~1.8% the prior session and the ASX Materials sector gained ~1.1% on the same day, both directionally consistent with DRO's move, but neither signal is large enough (the sector move was below its own ATR threshold) to explain a 14.6% / 4.9x ATR surge. There are no company announcements, no triggered news stories, and volume is only modestly elevated at 1.5x normal, which is inconsistent with a major catalyst but also rules out a thin-volume technical spike. The most likely explanation is an undetected catalyst — such as an off-exchange block trade, a broker upgrade, or a news item not captured by the monitoring window — making the true cause effectively unknown with the available evidence.
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
Sector / macro signals
What it did to the 17 ETFs holding DRO
On $10,000 in each fund, at the weight it holds today
- SMLL1.33% of the fund+$19
- SSO0.51% of the fund+$7
- ISO0.51% of the fund+$7
- VSO0.27% of the fund+$4
- OZXX0.18% of the fund+$3
- EX200.15% of the fund+$2
- GEAR0.12% of the fund+$2
- AECV0.09% of the fund+$1
- VETH0.08% of the fund+$1
- MTUM0.07% of the fund+$1
The 10 that hold it most. All 17 are listed on the page under Held by.