Southern Cross (SXE) is held by 10 ASX ETFs. Over the last 3 months it fell 0.2%: on $10,000, −$22. We explain 3 big moves in that time.
About SXE
- SectorIndustrials
- IndustryCapital Goods
- Size$1.4b
- Held by10 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
- −8.8%peak −10.4%13 Oct 2026· Takeover / M&A
Southern Cross Electrical's stock fell sharply after announcing the acquisition of Melbourne fire and HVAC group Entire, with the market reacting negatively to concerns about whether the company can absorb the deal.
- +9.7%peak +11.5%5 Oct 2026· Earnings Beat
Southern Cross Electrical Engineering broke out to a new all-time high, driven by strong FY26 results and positive positioning toward a $100M+ FY27 EBITDA target, attracting significant investor interest.
- +7.6%18 Sep 2026· Dividend
Southern Cross Electrical Engineering's share price rose after the company raised its dividend alongside an increase in underlying earnings, attracting buying interest ahead of the upcoming ex-dividend date.
Held by 10 ETFs
Of every $10,000 in each fund, how much is in SXE today.
- MVSVanEck Small Companies Masters ETF$1851.85%
- SMLLBetaShares Australian Small Companies Select ETF$890.89%
- ALFAVanEck Australian Long Short Complex ETF$740.74%
- ISOiShares S&P/ASX Small Ordinaries ETF$400.40%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$390.39%
- AUMFiShares Edge MSCI Australia Multifactor ETF$210.21%
- VSOVanguard MSCI Australian Small Companies Index ETF$170.17%
- A300Global X Australia 300 ETF$4.550.05%
- VETHVanguard Ethically Conscious Australian Shares ETF$4.040.04%
- VASVanguard Australian Shares Index ETF$2.110.02%
Why did SXE fall 8.8% on 13 Oct 2026?
Southern Cross
Southern Cross Electrical's stock fell sharply after announcing the acquisition of Melbourne fire and HVAC group Entire, with the market reacting negatively to concerns about whether the company can absorb the deal.
Multiple news articles from around the time of the move specifically discuss SXE's acquisition of Entire Operations and question whether the company can absorb the deal, with one Kalkine Media headline explicitly asking 'Can Southern Cross Electrical absorb the Entire deal?' The -10.42% move at 3.7x ATR with 2x normal volume is far larger than the sector move (-1.6%) and peer median (-1.52%), ruling out sector/macro as the primary cause. No ASX announcement was found in the system, but the news coverage is consistent with a 'sell the news' reaction to an acquisition announcement, categorised here under takeover as the underlying event driving the price action.
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 10 ETFs holding SXE
On $10,000 in each fund, at the weight it holds today