Looking back over the past 12 months, information technology has been at the top of the best-performing sectors, far outperforming the broader ASX 200 index.

Here is a list of some.

Sector performance:

  • ASX 200: +8.72% over the past year (up 20.51% over the past 5 years)
  • XIJ: +53.67% Past year (increase) 90.73% (more than 5 years)
  • XFJ: +30.64% in the past year (+43.48% in 5 years)
  • XDJ: +23.21% in the past year (+43.75% in 5 years)
  • XPJ: +19.78% in the past year (up 9.84% in 5 years)
  • XNJ: +12.86% in the past year (up 7.27% in 5 years)
  • XUJ: +11.1% in the past year (up 8.15% in 5 years)
  • XHJ: +7.85% in the past year (up 8.63% in 5 years)
  • XTJ: +5.01% in the past year (up 26.94% in 5 years)
  • XSJ: -3.11% in the past year (-6.38% in 5 years)
  • XMJ: -15.53% in the past year (+15.54% in 5 years)
  • XEJ: -20.27% in the past 1 year (-27.64% in 5 years)

Some ETFs:

  • BetaShares S&P/ASX Australian Technology ETF (ASX:ATEC). It gained 42.82% in 12 months to $29.75. This ETF aims to replicate the performance of the S&P/ASX All Technology Index (broader than XIJ).
  • BetaShares NASDAQ 100 ETF (ASX:NDQ). It rose 37.14% in 12 months to $51.36. This ETF provides exposure to the 100 largest non-financial companies listed on NASDAQ.
  • Global X’s FANG+ ETF (ASX:FANG). It gained 59.71% in the past 12 months to $33.54. It aims to replicate the price and yield performance of the NYSE FANG+ index. Currently, the company’s top holdings are Nvidia, Broadcom, CrowdStrike, Alphabet (Google’s parent company), Apple, ServiceNow, Netflix, Amazon, Meta (Facebook owner), and Microsoft.

Performance of XIJ’s largest companies by market capitalization:

  • Wisetech Global (ASX:WTC): 67.67% at $124.01. It specializes in logistics software solutions and has a market capitalization of approximately $41.48 billion.
  • zero (ASX:XRO): 53.26% at $168.66. It provides cloud-based accounting software for small and medium-sized businesses and has a market capitalization of approximately $25.79 billion.
  • technology one (ASX:TNE): 103.58% at $30.72. It develops enterprise software solutions and has a market capitalization of approximately $10.06 billion.
  • NEXTDC (ASX:NXT): 16.02% at $15.35. It provides data center services and has a market capitalization of approximately $9.83 billion.
  • life 360 (ASX:360):204.51% at $22.26. It provides location sharing and safety services for families through its mobile app and has a market capitalization of approximately $4.05 billion.
  • Kodan (ASX:CDA):91.41% at $16.27. The company, which has a market capitalization of approximately $2.95 billion, manufactures communications equipment and metal detection technology for the mining, security, and humanitarian sectors.
  • Macquarie Technology Group (ASX:MAQ): 32.23% at $86. The company provides managed IT services, cloud hosting, and data center solutions to enterprise and government customers and has a market capitalization of approximately $2.22 billion.
  • Nuix (ASX:NXL):239.39% at $6.16. It specializes in forensic data analysis and e-discovery software used for legal, regulatory and investigative purposes and has a market capitalization of approximately $2.04 billion.
  • Illes (ASX:IRE): 16.52% at $9.31. It develops financial services software, including platforms for trading, asset management, and pension management, and has a market capitalization of approximately $1.74 billion.
  • Siteminder (ASX:SDR): 17.38% at $6.01. It provides cloud-based hotel management and distribution software that allows lodging properties to manage their reservations and online visibility, and has a market capitalization of approximately $1.68 billion.

Best performers of XIJ with market capitalization over $150 million:

  • Appen (ASX:APX):244.88% at $2.19.
  • Nuix (ASX:NXL):239.39% at $6.16.
  • life 360 (ASX:360):204.51% at $22.26.
  • catapult group (ASX:CAT): 161.24% at $3.37.
  • Brabra Solutions (ASX:BVS): 153.49% at $2.18.
  • Technology One (TNE): 103.58% at $30.72.
  • qualia (ASX:QOR): 100% for $0.48.
  • vista group international (ASX:VIG): 92.49% at $2.82.
  • Kodan (ASX:CDA):91.41% at $16.27.
  • premium (ASX:PPS): 90.91% at $0.74.

Many ETFs that track the ASX 200 index have performed similarly.

  • SPDR S&P/ASX 200 ETF (ASX:STW): Increased by 8.9%.
  • iShares Core S&P/ASX 200 ETF (ASX:IOZ): Increased by 8.53%.
  • Vanguard Australian Stock Index ETF (ASX:VAS) (Tracks ASX 300): Up 8.87%.
  • BetaShares Australia 200 ETF (ASX:A200) (tracks the Solactive Australia 200 Index): up 9.12%.

The S&P 500 is up 26.50% over the year. Some relevant ASX-listed ETFs:

  • SPDR S&P 500 ETF Trust (ASX:Spy): Increased by 37.1% in one year.
  • BlackRock iShares S&P 500 ETF (ASX:IVV):37.18% increase.
  • BetaShares S&P 500 Equal Weight ETF (ASX:QUS): up 19.76% (tracks the S&P 500 Equal Weight Index where all companies are equally weighted rather than weighted by market capitalization).
  • Vanguard US Total Market Share Index ETF (ASX:VTS): Up 35.68% (linked to the CRSP US Total Market Index, which has significant overlap with the S&P 500).

Disclaimer

The views, opinions and recommendations of commentators in this presentation are solely those of the author and do not reflect the views, opinions and recommendations of Sequoia Financial Group Limited ABN 90 091 744 884 and its affiliates in their entirety. (“SEQ””). SEQ makes no representations or warranties as to the accuracy, completeness or currency of the content. Published prices are accurate at the time of writing and should not be relied upon for making financial decisions. This content is for educational purposes only and does not constitute financial advice. You should obtain independent advice from an Australian financial services licensee before making any investment decisions. ,SEQ accepts no liability for any loss or damage caused in any way whatsoever, including through negligence.