L1 (L1G) is held by 7 ASX ETFs. Over the last year it rose 10.1%: on $10,000, +$1010. We explain 7 big moves in that time.
About L1G
- SectorFinancials
- IndustryFinancial Services
- Size$2.9b
- Held by7 ETFs
- Big moves7 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
- +7.2%peak +14.5%17 Aug 2026· Earnings Beat
L1 Group shares surged after the company reported FY2026 results showing underlying profit nearly doubled and funds under management reached $19.1 billion, well above market expectations.
- +14.1%8 Apr 2026· Unknown
No specific news directly explains the price movement; likely due to broader market or sector flows.
- −6.1%26 Mar 2026· Capital Raise
The large drop on 25 March 2026 was likely driven by negative market sentiment around L1 Group as part of a broader sector move, followed by a company announcement about a major IPO capital raise on 26 March.
- −7.0%19 Mar 2026· Sector Flow
Likely a broad market pullback or sector rotation affecting growth stocks, as no specific negative news for L1G was found.
- −5.6%18 Nov 2025· Unknown
Insufficient evidence to determine the cause of the price move due to lack of news coverage.
- +11.7%30 Oct 2025· Management
Appointment of a new CEO and Managing Director triggered a positive market reaction.
- +9.1%16 Oct 2025· Unknown
Unknown; no news articles were found to explain the price move.
Held by 7 ETFs
Of every $10,000 in each fund, how much is in L1G today.
- SMLLBetaShares Australian Small Companies Select ETF$820.82%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$320.32%
- ISOiShares S&P/ASX Small Ordinaries ETF$310.31%
- VSOVanguard MSCI Australian Small Companies Index ETF$180.18%
- VETHVanguard Ethically Conscious Australian Shares ETF$3.940.04%
- VASVanguard Australian Shares Index ETF$3.620.04%
- A300Global X Australia 300 ETF$3.200.03%
Why did L1G fall 6.1% on 26 Mar 2026?
L1
The large drop on 25 March 2026 was likely driven by negative market sentiment around L1 Group as part of a broader sector move, followed by a company announcement about a major IPO capital raise on 26 March.
The Motley Fool article published on 26 March notes L1 Group shares were dropping, but the price move occurred on 25 March. The company announced a significant IPO/capital raise for L1 Gold Fund (approx. A$900 million) on 26 March, which likely created dilution concerns and downward pressure on the stock. However, the timing mismatch (announcement after the price move) and lack of direct pre-event news specifically about L1 Group reduces confidence, making this a circumstantial rather than definitive cause.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage
What it did to the 7 ETFs holding L1G
On $10,000 in each fund, at the weight it holds today