Southern Cross (SX2) is held by 8 ASX ETFs. Over the last 3 months it rose 14.4%: on $10,000, +$1445. We explain 3 big moves in that time.
About SX2
- SectorMaterials
- IndustryMaterials
- Size$3.2b
- Held by8 ETFs
- Big moves3 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
- +7.1%18 Sep 2026· Unknown
Southern Cross Gold Consolidated likely rose on news of a performance share unit allocation to employees, which may have been interpreted as a signal of insider confidence in the company's exploration prospects.
- +7.0%10 Aug 2026· Capital Raise
Southern Cross Gold issued new shares on option conversion, which likely triggered the upward price move.
- +11.4%5 Aug 2026· Sector Flow
SX2.AX rose sharply alongside a broad rally in the ASX Materials sector, which gained over 3.4% on the same day, lifting the stock well above its normal daily range.
Held by 8 ETFs
Of every $10,000 in each fund, how much is in SX2 today.
- ISOiShares S&P/ASX Small Ordinaries ETF$570.57%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$570.57%
- QREBetaShares Australian Resources Sector ETF$230.23%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$190.19%
- GDXVanEck Gold Miners ETF$180.18%
- AECVBETASHARES AUSTRALIAN SHARES CATHOLIC VALUES ETF$9.890.10%
- A200BetaShares Australia 200 ETF$6.880.07%
- VASVanguard Australian Shares Index ETF$4.980.05%
Why did SX2 rise 11.4% on 5 Aug 2026?
Southern Cross
SX2.AX rose sharply alongside a broad rally in the ASX Materials sector, which gained over 3.4% on the same day, lifting the stock well above its normal daily range.
The only clear signal in the evidence is a strong same-day move in the GICS Materials sector index (^AXMJ, +3.45%), which directionally matches and contextually explains the SX2.AX move. However, the stock's 11.4% gain is roughly 3.3x the sector move, suggesting either elevated beta/small-cap amplification or a company-specific catalyst not captured in the available data. No announcements or news were found, so a hidden fundamental trigger cannot be ruled out, keeping confidence below the high threshold.
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 8 ETFs holding SX2
On $10,000 in each fund, at the weight it holds today