NRW (NWH) is held by 22 ASX ETFs. Over the last 3 months it rose 10.1%: on $10,000, +$1010. We explain 1 big move in that time.
About NWH
- SectorIndustrials
- IndustryCapital Goods
- Size$3.7b
- Held by22 ETFs
- Big moves1 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
Held by 22 ETFs
Of every $10,000 in each fund, how much is in NWH today.
- SMLLBetaShares Australian Small Companies Select ETF$3383.38%
- MVSVanEck Small Companies Masters ETF$1701.70%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$1261.26%
- ISOiShares S&P/ASX Small Ordinaries ETF$1231.23%
- ALFAVanEck Australian Long Short Complex ETF$1221.22%
- MTUMBetaShares Australian Momentum ETF$670.67%
- AUMFiShares Edge MSCI Australia Multifactor ETF$660.66%
- VSOVanguard MSCI Australian Small Companies Index ETF$580.58%
- OZXXGlobal X Australia ex Financials & Resources ETF$460.46%
- AQTYVANECK MSCI AUSTRALIAN QUALITY PLUS ETF$420.42%
Why did NWH rise 8.6% on 21 Aug 2026?
NRW
NWH lifted sharply alongside a broad and strong rally in the ASX Materials sector, which rose over 3.4% on the day, well above its normal daily range.
The strongest evidence is the ASX Materials sector index (^AXMJ) rising 3.4% on the same day — itself more than 2x its normal daily ATR — with a direction match to NWH's move and a 0.7 sector peer relationship strength. NWH's gain of 8.56% (~5.5x its ATR) is outsized relative to the sector move, suggesting stock-specific amplification, but no company announcements or news were found to explain a stock-specific catalyst. The prior-day US S&P 500 decline is a weak counter-signal but is lagged and does not override the strong same-day sector tailwind. The absence of any announcement or news means sector rotation into materials (possibly commodity-driven at the sector level) is the most parsimonious explanation.
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
Sector / macro signals
What it did to the 22 ETFs holding NWH
On $10,000 in each fund, at the weight it holds today
- SMLL3.38% of the fund+$29
- MVS1.70% of the fund+$15
- SSO1.26% of the fund+$11
- ISO1.23% of the fund+$11
- ALFA1.22% of the fund+$10
- MTUM0.67% of the fund+$6
- AUMF0.66% of the fund+$6
- VSO0.58% of the fund+$5
- OZXX0.46% of the fund+$4
- AQTY0.42% of the fund+$4
The 10 that hold it most. All 22 are listed on the page under Held by.