Generation (GDG) is held by 18 ASX ETFs. Over the last 6 months it fell 33.7%: on $10,000, −$3373. We explain 5 big moves in that time.
About GDG
- SectorFinancials
- IndustryInsurance
- Size$1.1b
- Held by18 ETFs
- Big moves5 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
- +6.0%7 Sep 2026· Analyst
A bullish analyst article questioning whether the market is underestimating GDG, published just hours before the price move, likely triggered renewed buying interest in the stock.
- −12.5%27 Aug 2026· Earnings Beat
GDG fell sharply as investors sold the stock following the release of its FY26 full-year results, despite reporting a 21% rise in NPAT and FUM reaching $46.5 billion — a classic 'sell the news' reaction to results that likely met but did not significantly exceed market expectations.
- +35.9%23 Jul 2026· Operational
Generation Development Group's shares surged after its June 2026 quarterly update revealed a 36% jump in funds under management, signalling strong business momentum to the market.
- +5.3%13 May 2026· Sector Flow
Appeared on a top ASX 200 movers list, likely due to sector or market-wide flows.
- −22.6%23 Apr 2026· Earnings Miss
Generation Development Group's stock fell sharply after its March 2026 quarterly update revealed funds under management (FUM) growth that missed market expectations.
Held by 18 ETFs
Of every $10,000 in each fund, how much is in GDG today.
- MVSVanEck Small Companies Masters ETF$1431.43%
- AQLTBetaShares Australian Quality ETF$980.98%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$330.33%
- ISOiShares S&P/ASX Small Ordinaries ETF$330.33%
- VSOVanguard MSCI Australian Small Companies Index ETF$170.17%
- OZFSTATE STREET SPDR S&P/ASX 200 FINANCIALS EX A-REIT ETF$110.11%
- QFNBetaShares Australian Financials Sector ETF$110.11%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$9.970.10%
- GEARBetaShares Geared Australian Equities Complex ETF$7.910.08%
- AECVBETASHARES AUSTRALIAN SHARES CATHOLIC VALUES ETF$6.350.06%
Why did GDG fall 22.6% on 23 Apr 2026?
Generation
Generation Development Group's stock fell sharply after its March 2026 quarterly update revealed funds under management (FUM) growth that missed market expectations.
The stock fell 22.61% on the same day as the company's quarterly update announcement, and multiple articles directly attribute the decline to FUM growth missing expectations. Headlines such as 'Generation Development Group falls 20% after FUM growth misses expectations' provide direct evidence of the cause. This is a clear case of a company-specific operational/earnings miss relative to analyst forecasts.
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 18 ETFs holding GDG
On $10,000 in each fund, at the weight it holds today
- MVS1.43% of the fund−$32
- AQLT0.98% of the fund−$22
- SSO0.33% of the fund−$8
- ISO0.33% of the fund−$7
- VSO0.17% of the fund−$4
- OZF0.11% of the fund−$3
- QFN0.11% of the fund−$2
- EX200.10% of the fund−$2
- GEAR0.08% of the fund−$2
- AECV0.06% of the fund−$1
The 10 that hold it most. All 18 are listed on the page under Held by.