PLS Group (PLS) is held by 33 ASX ETFs. Over the last 3 months it fell 33.5%: on $10,000, −$3348. We explain 4 big moves in that time.
About PLS
- SectorMaterials
- IndustryMaterials
- Size$11.3b
- Held by33 ETFs
- Big moves4 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
- −8.6%peak −10.7%13 Oct 2026· Macro
China-related sentiment dragged lithium stocks lower, with PLS falling sharply as a broader materials sector sell-off compounded weak China demand signals for lithium.
- −5.4%9 Oct 2026· Commodity
Pilbara Minerals shares fell sharply as lithium spot prices continued to weaken, dragging the stock to 2026 lows with no company-specific catalyst to explain the move.
- +7.9%peak +8.7%24 Aug 2026· Commodity
Pilbara Minerals rose sharply alongside a broad materials sector rally, likely driven by a positive move in lithium or battery metals commodity prices
- +5.0%21 Aug 2026· Sector Flow
Pilbara Minerals rose with the broader ASX Materials sector, which gained over 3.6% on the day, likely driven by a broad sector rotation or commodity tailwind lifting lithium and mining stocks.
Held by 33 ETFs
Of every $10,000 in each fund, how much is in PLS today.
- RESMVANECK RARE EARTH AND STRATEGIC METALS X CHINA ETF$9039.03%
- XMETBetaShares Energy Transition Metals ETF$4254.25%
- MVRVanEck Australian Resources ETF$2842.84%
- MTUMBetaShares Australian Momentum ETF$2692.69%
- FAIRBetaShares Australian Sustainability Leaders ETF$2572.57%
- ALFAVanEck Australian Long Short Complex ETF$2212.21%
- GMTLGlobal X Green Metal Miners ETF$1941.94%
- ACDCGlobal X Battery Tech & Lithium ETF$1871.87%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$1661.66%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$1591.59%
Why did PLS fall 8.6% on 13 Oct 2026?
PLS Group
China-related sentiment dragged lithium stocks lower, with PLS falling sharply as a broader materials sector sell-off compounded weak China demand signals for lithium.
The Stockhead headline published same-day explicitly states 'China spoils lithium's comeback party,' directly linking China-related news to lithium stock weakness on 13 October. The ASX Materials index (^AXMJ) fell -1.91% and the peer median was -2.34%, but PLS dropped -7.57% — roughly 3x the sector move — indicating a stock-specific China/lithium demand catalyst amplified the sector weakness rather than pure sector rotation alone. The USD/CNY signal is above threshold but in the wrong direction and not proportionate, while no company announcement was filed, pointing to macro/China demand sentiment as the primary driver with the broader materials weakness as a secondary contributor.
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
Sector / macro signals
What it did to the 33 ETFs holding PLS
On $10,000 in each fund, at the weight it holds today
- RESM9.03% of the fund−$78
- XMET4.25% of the fund−$37
- MVR2.84% of the fund−$24
- MTUM2.69% of the fund−$23
- FAIR2.57% of the fund−$22
- ALFA2.21% of the fund−$19
- GMTL1.94% of the fund−$17
- ACDC1.87% of the fund−$16
- GRNV1.66% of the fund−$14
- OZR1.59% of the fund−$14
The 10 that hold it most. All 33 are listed on the page under Held by.