Mcmillan (MMS) is held by 17 ASX ETFs. Over the last 3 months it fell 5.7%: on $10,000, −$571. We explain 2 big moves in that time.
About MMS
- SectorIndustrials
- IndustryCommercial & Professional Services
- Size$1.3b
- Held by17 ETFs
- Big moves2 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
- +7.3%28 Aug 2026· Earnings Beat
McMillan Shakespeare shares surged ahead of its FY26 full-year results, likely driven by positive investor sentiment around strong novated leasing growth and EV-driven demand acting as a catalyst.
- −7.9%27 Aug 2026· Earnings Miss
McMillan Shakespeare fell sharply ahead of its FY26 results release, likely as the market sold into the news after previews flagged key risks around EV policy and leasing growth expectations.
Held by 17 ETFs
Of every $10,000 in each fund, how much is in MMS today.
- SMLLBetaShares Australian Small Companies Select ETF$960.96%
- ISOiShares S&P/ASX Small Ordinaries ETF$380.38%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$370.37%
- IHDiShares S&P/ASX Dividend Opportunities ESG Screened ETF$300.30%
- VSOVanguard MSCI Australian Small Companies Index ETF$220.22%
- AUMFiShares Edge MSCI Australia Multifactor ETF$210.21%
- SYISTATE STREET SPDR MSCI AUS SELECT HIGH DIVIDEND YIELD ETF$160.16%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$150.15%
- VVLUVanguard Global Value Equity Active ETF$130.13%
- IJHiShares S&P Mid-Cap ETF$8.130.08%
Why did MMS fall 7.9% on 27 Aug 2026?
Mcmillan
McMillan Shakespeare fell sharply ahead of its FY26 results release, likely as the market sold into the news after previews flagged key risks around EV policy and leasing growth expectations.
There are no company announcements in the window, but the timing of the move coincides precisely with FY26 results preview articles published just before the detection time, suggesting results were either released or leaked into the market. The sector index (AXMJ) was down only -1.12%, well below MMS's -7.91% move, ruling out sector rotation as the primary driver. The most plausible explanation is that actual FY26 results disappointed on key metrics — leasing growth, EV policy tailwinds, or dividend — given that preview articles were specifically flagging investor concern on those exact points, but the absence of a confirmed announcement filing keeps confidence moderate.
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
Sector / macro signals
What it did to the 17 ETFs holding MMS
On $10,000 in each fund, at the weight it holds today
- SMLL0.96% of the fund−$8
- ISO0.38% of the fund−$3
- SSO0.37% of the fund−$3
- IHD0.30% of the fund−$2
- VSO0.22% of the fund−$2
- AUMF0.21% of the fund−$2
- SYI0.16% of the fund−$1
- GRNV0.15% of the fund−$1
- VVLU0.13% of the fund−$1
- IJH0.08% of the fund−$1
The 10 that hold it most. All 17 are listed on the page under Held by.