Develop Global (DVP) is held by 20 ASX ETFs. Over the last 3 months it fell 30.8%: on $10,000, −$3084. We explain 3 big moves in that time.
About DVP
- SectorMaterials
- IndustryMaterials
- Size$1.4b
- Held by20 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
- −10.0%30 Sep 2026· Guidance Down
Develop Global shares fell sharply after recent news highlighted margin pressure and FY27 guidance concerns, despite the broader materials sector trading higher.
- +11.8%18 Sep 2026· Stake Change
A new substantial holder notice filed the day before triggered buying interest in Develop Global, signalling meaningful institutional accumulation in the stock.
- −16.7%29 Jul 2026· Stake Change
A new substantial shareholder filing likely triggered selling pressure as investors anticipated potential share overhang or a change in control dynamics, pushing the stock down sharply.
Held by 20 ETFs
Of every $10,000 in each fund, how much is in DVP today.
- MVSVanEck Small Companies Masters ETF$1681.68%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$450.45%
- ISOiShares S&P/ASX Small Ordinaries ETF$450.45%
- VSOVanguard MSCI Australian Small Companies Index ETF$240.24%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$170.17%
- QREBetaShares Australian Resources Sector ETF$160.16%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$130.13%
- VETHVanguard Ethically Conscious Australian Shares ETF$120.12%
- IESGiShares Core MSCI Australia ESG ETF$110.11%
- GEARBetaShares Geared Australian Equities Complex ETF$110.11%
Why did DVP fall 16.7% on 29 Jul 2026?
Develop Global
A new substantial shareholder filing likely triggered selling pressure as investors anticipated potential share overhang or a change in control dynamics, pushing the stock down sharply.
The only company-level announcement in the relevant window is a 'Becoming a substantial holder' notice, which signals a large investor has crossed the 5% ownership threshold — this can sometimes spook existing shareholders worried about overhang or forced selling, but it is not inherently bearish and is marked non-market-sensitive. The sector (Materials) was actually up 1.6% on the same day, ruling out broad sector weakness as the driver. With no supporting news, no commodity signal, and a moderate volume ratio of 1.79x, the move remains largely unexplained by available evidence, leaving confidence low.
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 20 ETFs holding DVP
On $10,000 in each fund, at the weight it holds today
- MVS1.68% of the fund−$28
- SSO0.45% of the fund−$8
- ISO0.45% of the fund−$8
- VSO0.24% of the fund−$4
- OZR0.17% of the fund−$3
- QRE0.16% of the fund−$3
- EX200.13% of the fund−$2
- VETH0.12% of the fund−$2
- IESG0.11% of the fund−$2
- GEAR0.11% of the fund−$2
The 10 that hold it most. All 20 are listed on the page under Held by.