Westgold Res. (WGX) is held by 24 ASX ETFs. Over the last 3 months it rose 6.0%: on $10,000, +$602. We explain 1 big move in that time.
About WGX
- SectorMaterials
- IndustryMaterials
- Size$4.9b
- Held by24 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 24 ETFs
Of every $10,000 in each fund, how much is in WGX today.
- MVEVanEck S&P/ASX MidCap ETF$1591.59%
- MVRVanEck Australian Resources ETF$1211.21%
- VSOVanguard MSCI Australian Small Companies Index ETF$1061.06%
- MTUMBetaShares Australian Momentum ETF$940.94%
- QREBetaShares Australian Resources Sector ETF$650.65%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$650.65%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$530.53%
- VETHVanguard Ethically Conscious Australian Shares ETF$510.51%
- IESGiShares Core MSCI Australia ESG ETF$450.45%
- GEARBetaShares Geared Australian Equities Complex ETF$420.42%
Why did WGX fall 5.8% on 10 Sep 2026?
Westgold Res.
Westgold shares fell sharply after the company's FY27 guidance webinar revealed cost pressures, disappointing investors despite a long-term production growth plan to 500,000 ounces by FY29.
The timing of the move aligns closely with the FY27 Guidance and Three Year Outlook Webinar on 7 September 2026, with multiple news articles from 8-10 September explicitly referencing 'FY27 cost pain' and investor concern about near-term costs despite the positive long-term production outlook — a classic 'sell the guidance' reaction. No company announcement was captured in Layer 1 (likely because the webinar/guidance event occurred just outside the 18-hour window), but news coverage strongly supports guidance disappointment as the driver. The sector signal (Materials index down only 0.38%) is well below threshold and insufficient to explain a -5.83% move, reinforcing that this is stock-specific rather than sector-driven.
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 24 ETFs holding WGX
On $10,000 in each fund, at the weight it holds today
- MVE1.59% of the fund−$9
- MVR1.21% of the fund−$7
- VSO1.06% of the fund−$6
- MTUM0.94% of the fund−$6
- QRE0.65% of the fund−$4
- OZR0.65% of the fund−$4
- EX200.53% of the fund−$3
- VETH0.51% of the fund−$3
- IESG0.45% of the fund−$3
- GEAR0.42% of the fund−$2
The 10 that hold it most. All 24 are listed on the page under Held by.