Droneshield (DRO) is held by 17 ASX ETFs. Over the last 6 months it fell 54.1%: on $10,000, −$5407. We explain 9 big moves in that time.
About DRO
- SectorIndustrials
- IndustryCapital Goods
- Size$1.6b
- Held by17 ETFs
- Big moves9 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
- +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%.
- −8.6%1 Jun 2026· Contract
DroneShield shares fell 8.55% on 2026-06-01 ahead of a major US contract announcement that was disclosed after the market close; the drop was part of a monthly decline of 18%, reflecting a pullback in a prior rally.
- −9.9%12 May 2026· Regulatory
DroneShield's share price fell sharply after the ASIC (Australian Securities and Investments Commission) announced an investigation into the company and visited its offices.
- +9.1%16 Apr 2026· Sector Flow
Technical support level held, driving a 9% rebound in DroneShield shares amid broader sector interest and positive analyst commentary.
- −13.5%8 Apr 2026· Management
CEO and chair departures following a share sale saga triggered a sharp sell-off despite record revenue.
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 fall 13.5% on 8 Apr 2026?
Droneshield
CEO and chair departures following a share sale saga triggered a sharp sell-off despite record revenue.
Multiple articles on the event date report the CEO and chair stepping down due to a share sale saga, which typically causes investor concern about governance. The stock dropped 13.53% despite record revenue, pointing to the management change as the primary driver rather than earnings or guidance.
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 17 ETFs holding DRO
On $10,000 in each fund, at the weight it holds today
- SMLL1.33% of the fund−$18
- SSO0.51% of the fund−$7
- ISO0.51% of the fund−$7
- VSO0.27% of the fund−$4
- OZXX0.18% of the fund−$2
- 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.