ZIP (ZIP) is held by 20 ASX ETFs. Over the last 3 months it fell 35.9%: on $10,000, −$3591. We explain 2 big moves in that time.
About ZIP
- SectorFinancials
- IndustryFinancial Services
- Size$2.5b
- Held by20 ETFs
- Big moves2 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
- −13.8%24 Sep 2026· Unknown
Zip Co fell sharply amid a broad sell-off in the Australian financials sector, with no company-specific announcement to explain the outsized move.
- −10.3%21 Aug 2026· Earnings Beat
Zip Co shares fell sharply as investors sold after a strong FY26 earnings result that had already driven an 12-18% surge the prior trading day, a classic 'sell the news' reaction to record earnings and a 26% FY27 growth target.
Held by 20 ETFs
Of every $10,000 in each fund, how much is in ZIP today.
- SMLLBetaShares Australian Small Companies Select ETF$2282.28%
- MVSVanEck Small Companies Masters ETF$1561.56%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$860.86%
- ISOiShares S&P/ASX Small Ordinaries ETF$850.85%
- VSOVanguard MSCI Australian Small Companies Index ETF$520.52%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$330.33%
- OZFSTATE STREET SPDR S&P/ASX 200 FINANCIALS EX A-REIT ETF$300.30%
- QFNBetaShares Australian Financials Sector ETF$270.27%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$250.25%
- GEARBetaShares Geared Australian Equities Complex ETF$200.20%
Why did ZIP fall 10.3% on 21 Aug 2026?
ZIP
Zip Co shares fell sharply as investors sold after a strong FY26 earnings result that had already driven an 12-18% surge the prior trading day, a classic 'sell the news' reaction to record earnings and a 26% FY27 growth target.
Multiple news sources confirm ZIP surged 12-18% on 20 August following a strong FY26 result with record cash earnings and bullish FY27 guidance. The detection on 21 August represents a reversal of that move — a textbook 'sell the news' profit-taking event after the euphoria faded. The sector index (AXFJ) was slightly positive (+0.15%) with no directional match, ruling out sector rotation as the cause. Volume was elevated at 1.5x normal but not extreme, consistent with profit-taking rather than a panic event. No new negative announcement was found, reinforcing that the prior day's earnings beat is the underlying event driving the pullback.
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 20 ETFs holding ZIP
On $10,000 in each fund, at the weight it holds today
- SMLL2.28% of the fund−$24
- MVS1.56% of the fund−$16
- SSO0.86% of the fund−$9
- ISO0.85% of the fund−$9
- VSO0.52% of the fund−$5
- GRNV0.33% of the fund−$3
- OZF0.30% of the fund−$3
- QFN0.27% of the fund−$3
- EX200.25% of the fund−$3
- GEAR0.20% of the fund−$2
The 10 that hold it most. All 20 are listed on the page under Held by.