Fortescue (FMG) is held by 38 ASX ETFs. Over the last year it fell 16.1%: on $10,000, −$1607. We explain 9 big moves in that time.
About FMG
- SectorMaterials
- IndustryMaterials
- Size$50.0b
- Held by38 ETFs
- Big moves9 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
- −4.6%2 Sep 2026· Sector Flow
FMG fell sharply alongside a broad sell-off in the ASX Materials sector, likely driven by weakness in iron ore prices or China demand sentiment.
- −3.8%3 Aug 2026· Analyst
Fortescue shares fell on a broker downgrade ahead of earnings, with Morningstar cutting its rating on the stock, triggering above-average selling pressure despite a broader materials sector rally on the day.
- −3.8%10 Jun 2026· Commodity
Fortescue shares fell below A$20 due to iron ore price concerns.
- +4.1%13 Mar 2026· Commodity
Iron ore price surged, boosting Fortescue shares by 4% along with other iron ore miners like RIO.
- −4.5%3 Mar 2026· Operational
Fortescue's share price fell on investor reaction to its announcement slashing wind farm plans and rejecting green hydrogen due to high costs.
- +4.7%25 Feb 2026· Earnings Beat
Fortescue beat earnings expectations with a 23% net profit jump and record ore shipments, boosting its share price.
- −4.7%16 Feb 2026· Sector Flow
A broad market sell-off and negative news regarding Fortescue's founder's false claim on fossil fuel cuts likely drove the stock down.
- −5.1%22 Jan 2026· Operational
Fortescue shares dropped 5% as rising costs overshadowed record iron ore shipments.
- −3.2%19 Dec 2025· Takeover / M&A
Copper acquisition for $139M likely pressured Fortescue shares amid broader iron ore price concerns
Held by 38 ETFs
Of every $10,000 in each fund, how much is in FMG today.
- MVRVanEck Australian Resources ETF$6426.42%
- IHDiShares S&P/ASX Dividend Opportunities ESG Screened ETF$5245.24%
- HGENGlobal X Hydrogen ETF$3913.91%
- GRPAGlobal X S&P Australia GARP ETF$3453.45%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$3453.45%
- ZYAUGlobal X S&P/ASX 200 High Dividend ETF$3303.30%
- QREBetaShares Australian Resources Sector ETF$3293.29%
- ALFAVanEck Australian Long Short Complex ETF$2842.84%
- AUMFiShares Edge MSCI Australia Multifactor ETF$2622.62%
- VHYVanguard Australian Shares High Yield ETF$2422.42%