Looking back over the past 12 months, IT has been the best-performing sector, far outperforming the broader ASX 200 index.
Here are some lists.
Sector performance:
- ASX 200: +8.72% over the past year (up 20.51% over the past 5 years)
- Shig: +53.67% During the past year (up 90.73% more than five years)
- XFJ: +30.64% over the past year (up 43.48% over five years)
- XDJ: +23.21% over the past year (up 43.75% over five years)
- XPJ: +19.78% over the past year (up 9.84% over five years)
- XNJ: +12.86% over the past year (up 7.27% over five years)
- XUJ: +11.1% over the past year (up 8.15% over five years)
- XHJ: +7.85% over the past year (up 8.63% over five years)
- XTJ: +5.01% over the past year (up 26.94% over five years)
- XSJ: -3.11% over the past year (down 6.38% over five years)
- XMJ: -15.53% over the past year (up 15.54% over five years)
- XEJ: -20.27% over the past year (down 27.64% over five years)
Some ETFs:
- BetaShares S&P/ASX Australia Technology ETF (ASX:ATEC). It is up 42.82% over 12 months at $29.75. This ETF aims to replicate the performance of the S&P/ASX All Technology Index (which is broader than the XIJ Index).
- BetShares Nasdaq 100 ETF (ASX:NDQ). It is up 37.14% over 12 months at $51.36. This ETF provides exposure to 100 of the largest non-financial companies listed on the Nasdaq Stock Exchange.
- Global X’s FANG+ ETF (ASX:FANG). It has risen 59.71% over the past 12 months to $33.54. This aims to replicate the price and return performance of the NYSE FANG+ Index. Its current top holdings are Nvidia, Broadcom, CrowdStrike, Alphabet (parent company of Google), Apple, ServiceNow, Netflix, Amazon, Meta (owner of Facebook), and Microsoft.
Performance of the largest XIJ companies by market capitalization:
- Wise Tech International (ASX:WTC): 67.67% at $124.01. Specializes in logistics software solutions, with a market value of about 41.48 billion US dollars.
- Zero (ASX:XRO): 53.26% at $168.66. It provides cloud accounting software to small and medium-sized businesses, with a market value of approximately $25.79 billion.
- Technology is one (ASX:TNE): 103.58% at $30.72. It develops enterprise software solutions, with a market value of about US$10.06 billion.
- nextdk (ASX:NXT): 16.02% at $15.35. It provides data center services, with a market value of about $9.83 billion.
- Life 360 (ASX:360): 204.51% at $22.26. It offers family-focused location sharing and safety services through its mobile app, with a market cap of about $4.05 billion.
- Codan (ASX:CDA): 91.41% at $16.27. It manufactures communications equipment and metal detection technologies, serving the needs of the mining, security and humanitarian sectors, with a market value of approximately $2.95 billion.
- Macquarie Technology Group (ASX:MAQ): 32.23% at $86. It provides managed IT services, cloud hosting, and data center solutions to enterprise and government customers, with a market value of approximately $2.22 billion.
- Noix (ASX:NXL): 239.39% at $6.16. It specializes in forensic data analytics and e-discovery software used for legal, regulatory and investigative purposes, and has a market capitalization of approximately US$2.04 billion.
- Iris (ASX:IRE): 16.52% at $9.31. It develops financial services software, including trading platforms, wealth management and retirement management, with a market capitalization of approximately US$1.74 billion.
- Site monitor (ASX:SDR): 17.38% at $6.01. Provides cloud-based hotel management and distribution software, enabling properties to manage bookings and online exposure, with a market value of approximately $1.68 billion.
Top performing companies in XIJ with a market capitalization of more than $150 million:
Several ETFs tracking the ASX 200 show similar performance:
- SPDR S&P/ASX 200 exchange-traded fund (ASX:STW): An increase of 8.9%.
- iShares Core S&P/ASX 200 ETF (ASX:IOZ): An increase of 8.53%.
- Vanguard Australian Shares Index ETF (ASX:VAS) (which tracks the ASX 300): up 8.87%.
- BetaShares Australia 200 ETF (ASX:A200) (which tracks the Solactive Australia 200 Index): up 9.12%.
The S&P 500 is up 26.50% in one year. Some ASX listed ETFs:
- SPDR S&P 500 ETF (ASX:SPY): An increase of 37.1% in one year.
- BlackRock iShares S&P 500 ETF (ASX:IVV): An increase of 37.18%.
- BetaShares S&P 500 Equal Weight ETF (ASX: QUS): up 19.76% (tracks the S&P 500 Equal Weight index, where all companies are weighted equally rather than by market cap).
- Vanguard US Total Market Index ETF (ASX:VTS): Up 35.68% (tracks the US CRSP overall market index, which has a significant overlap with the S&P 500).
Disclaimer
The views, opinions or recommendations of commentators in this presentation are solely those of the author and do not in any way reflect the views or recommendations of Sequoia Financial Group Limited ABN 90 091 744 884 and its related bodies corporate (“SEQ”). SEQ makes no representation or warranty As to the accuracy, completeness or currency of the content, any prices published are accurate and subject to the time of writing and should not be relied upon to make a financial decision. The content is for educational purposes only and does not constitute financial advice Australian Financial Services Licensees Before making investment decisions to the extent permitted by law, SEQ excludes all liability for any loss or damage arising in any way including negligence.
