Magellan Fin. (MFG) is held by 26 ASX ETFs. Over the last year it fell 17.7%: on $10,000, −$1769. We explain 10 big moves in that time.
About MFG
- SectorFinancials
- IndustryFinancial Services
- Size$2.4b
- Held by26 ETFs
- Big moves10 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
- −11.4%27 Aug 2026· Earnings Miss
Magellan Financial Group's share price fell sharply after reporting a 47% drop in net profit, significantly disappointing the market.
- +12.0%1 Jul 2026· Takeover / M&A
Completion of the Barrenjoey merger, creating a $45bn funds manager and triggering a leadership overhaul
- −8.9%7 May 2026· Operational
Magellan handed A$5.3bn of flagship funds to Vinva and slashed fees, triggering an operational update that spooked investors.
- −6.9%5 May 2026· Operational
Magellan Financial Group handed A$5.3bn of flagship funds to Vinva and slashed fees, triggering a significant selloff.
- −7.1%9 Mar 2026· Sector Flow
Post-merger euphoria unwinding amid broad market selloff triggered by Middle East conflict
- +9.3%6 Mar 2026· Takeover / M&A
Magellan shares surged on a $130 million placement for a Barrenjoey merger, supported by news of the Lowy family backing the deal.
- +10.4%5 Mar 2026· Takeover / M&A
Magellan Financial Group shares rose sharply following the announcement of a merger with Barrenjoey, backed by a $130 million placement.
- −7.2%4 Mar 2026· Capital Raise
Magellan shares fell sharply as the market reacted negatively to the $130m capital placement announced to fund the Barrenjoey merger, causing dilution for existing shareholders.
- +21.9%3 Mar 2026· Takeover / M&A
Magellan Financial Group announced a proposed merger with Barrenjoey, creating a $1.6 billion Macquarie rival.
- +12.2%18 Feb 2026· Dividend
Magellan's share price surged on its HY26 results, with a dividend increase offsetting earnings pressure.
Held by 26 ETFs
Of every $10,000 in each fund, how much is in MFG today.
- AQLTBetaShares Australian Quality ETF$1261.26%
- ISOiShares S&P/ASX Small Ordinaries ETF$560.56%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$560.56%
- VSOVanguard MSCI Australian Small Companies Index ETF$290.29%
- IHDiShares S&P/ASX Dividend Opportunities ESG Screened ETF$260.26%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$210.21%
- AUMFiShares Edge MSCI Australia Multifactor ETF$210.21%
- ZYAUGlobal X S&P/ASX 200 High Dividend ETF$200.20%
- OZFSTATE STREET SPDR S&P/ASX 200 FINANCIALS EX A-REIT ETF$200.20%
- GRPAGlobal X S&P Australia GARP ETF$200.20%
Why did MFG fall 7.1% on 9 Mar 2026?
Magellan Fin.
Post-merger euphoria unwinding amid broad market selloff triggered by Middle East conflict
The price move on 2026-03-08 follows a period of strong gains driven by the Lowy family backing and merger euphoria with Barrenjoey, as noted in articles on 06 Mar 2026. The same articles also highlight a broad ASX selloff (down 3.8%) due to Middle East conflict and sinking markets, likely causing a sharp reversal in MFG shares. No specific negative company news on or before the date is present, so the drop is attributed to sector/market flow rather than company-specific events.
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 26 ETFs holding MFG
On $10,000 in each fund, at the weight it holds today
- AQLT1.26% of the fund−$9
- ISO0.56% of the fund−$4
- SSO0.56% of the fund−$4
- VSO0.29% of the fund−$2
- IHD0.26% of the fund−$2
- GRNV0.21% of the fund−$1
- AUMF0.21% of the fund−$1
- ZYAU0.20% of the fund−$1
- OZF0.20% of the fund−$1
- GRPA0.20% of the fund−$1
The 10 that hold it most. All 26 are listed on the page under Held by.