Goodman (GMG) is held by 29 ASX ETFs. Over the last 3 months it fell 15.8%: on $10,000, −$1582. We explain 3 big moves in that time.
About GMG
- SectorReal Estate
- IndustryEquity Real Estate Investment Trusts (REITs)
- Size$54.6b
- Held by29 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
- +3.9%30 Sep 2026· Sector Flow
Goodman Group rose as the broader real estate sector advanced strongly on the day, likely driven by a favourable shift in yield expectations or macro sentiment lifting property stocks across the board.
- −5.2%21 Aug 2026· Earnings Beat
Goodman Group shares fell sharply after FY26 results showed strong profit growth but investors were disappointed by a lack of detail on future data centre growth, triggering analyst downgrades and a 'sell the news' reaction.
- +4.6%18 Aug 2026· Contract
Goodman Group secured a major 20-year lease for the first 50 MW phase of its Tsukuba Tech Central data centre in Greater Tokyo, signalling strong momentum in its data centre expansion strategy.
Held by 29 ETFs
Of every $10,000 in each fund, how much is in GMG today.
- SLFSTATE STREET SPDR S&P/ASX 200 LISTED PROPERTY ETF$3,89038.90%
- VAPVanguard Australian Property Securities Index ETF$3,72037.20%
- MVAVanEck Australian Property ETF$9939.93%
- IESGiShares Core MSCI Australia ESG ETF$4634.63%
- GEARBetaShares Geared Australian Equities Complex ETF$4364.36%
- FAIRBetaShares Australian Sustainability Leaders ETF$3953.95%
- VLCVanguard MSCI Australian Large Companies Index ETF$3543.54%
- ILCiShares S&P/ASX 20 ETF$3173.17%
- YMAXBetaShares Australian Top 20 Equities Yield Maximiser Complex ETF$3083.08%
- VETHVanguard Ethically Conscious Australian Shares ETF$2902.90%
Why did GMG fall 5.2% on 21 Aug 2026?
Goodman
Goodman Group shares fell sharply after FY26 results showed strong profit growth but investors were disappointed by a lack of detail on future data centre growth, triggering analyst downgrades and a 'sell the news' reaction.
The FY26 results (Appendix 4E filed 20 Aug) showed profit up 15.7%, which is a strong beat, but the AFR headline 'investors want details' and the Motley Fool downgrade article published around the time of detection suggest the market reacted negatively to insufficient forward guidance on the data centre pipeline — a classic 'sell the news' event. An analyst downgrade article published just before detection at 00:29 UTC on 21 Aug adds further selling pressure. The 5x ATR move on only 1.6x volume is consistent with sentiment-driven post-results repricing rather than a panic event, supporting the earnings_beat categorisation with a disappointed market reaction.
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 29 ETFs holding GMG
On $10,000 in each fund, at the weight it holds today
- SLF38.90% of the fund−$204
- VAP37.20% of the fund−$195
- MVA9.93% of the fund−$52
- IESG4.63% of the fund−$24
- GEAR4.36% of the fund−$23
- FAIR3.95% of the fund−$21
- VLC3.54% of the fund−$19
- ILC3.17% of the fund−$17
- YMAX3.08% of the fund−$16
- VETH2.90% of the fund−$15
The 10 that hold it most. All 29 are listed on the page under Held by.