ASX ETF Momentum Leaders: Top 10 by Quarterly Return
- Christopher Hall
- 50 minutes ago
- 4 min read
Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | Updated June 2026
The top-performing ASX-listed ETF over the past quarter is the Global X Semiconductor ETF (SEMI), up 59.97% in total return to 22 June 2026, ahead of the iShares MSCI South Korea ETF (IKO, +49.04%) and the Betashares Asia Technology Tigers ETF (ASIA, +45.02%). All three concentrate in the semiconductor and Asian technology supply chain — and they share one holding above all others: SK Hynix, the only company sitting inside the top holdings of all three funds. This page ranks the ASX ETF universe by quarterly momentum and is updated weekly.
This Week's Top 10 ASX ETFs by Quarterly Momentum
# | Ticker | ETF | Theme | Quarterly total return |
1 | SEMI | Global X Semiconductor | Global semiconductors | +59.97% |
2 | IKO | iShares MSCI South Korea | South Korean large/mid-cap | +49.04% |
3 | ASIA | Betashares Asia Technology Tigers | Asia ex-Japan tech & internet | +45.02% |
4 | LNAS | Global X Ultra Long Nasdaq 100 | Geared US large-cap tech | +44.64% |
5 | TECH | Global X Global Technology | Global technology | +33.70% |
6 | GNDQ | Betashares Geared Nasdaq 100 (hedged) | Geared US tech | +33.22% |
7 | IAA | iShares Asia 50 | Asia ex-Japan large-cap | +32.30% |
8 | GXAI | Global X Artificial Intelligence | AI & big data | +31.75% |
9 | HGEN | Global X Hydrogen | Hydrogen | +31.34% |
10 | GTUM | Betashares Global Momentum | Global momentum factor | +29.67% |
Price and performance data sourced from Iress. Figures are quarterly total return to 22 June 2026; the universe is Finer Market Points' Iress watchlist of ASX-listed ETFs ranked by quarterly performance. Fund identities and holdings referenced on this page are provider data as at 19 June 2026.
The Leading ETF Thematic This Week: Memory and the Semiconductor Supply Chain
The top of the list is not a broad "technology" story — it is specifically a memory and foundry story. Seven of the top 10 ETFs carry direct technology or semiconductor exposure, and where the three leaders overlap, the overlap concentrates in memory makers (SK Hynix, Samsung Electronics) and leading-edge foundry and fabless names (TSMC, MediaTek).
SK Hynix is the standout: a top-two holding in SEMI, IKO and ASIA simultaneously, despite each fund following a completely different mandate — global semiconductors, the broad South Korean market, and Asia ex-Japan technology respectively. When three of the strongest-performing ASX ETFs concentrate hardest into the same single company, that overlap is a signal of where the quarter's momentum is genuinely concentrated.
The full crossover breakdown — which companies appear across multiple top funds and at what weighting — is in this week's ETF report comparing SEMI, IKO and ASIA.
What This List Measures
This page ranks ASX-listed ETFs by quarterly total return — the same 90-day momentum lens Finer Market Points applies to individual ASX stocks, adapted to the ETF universe. It is a record of which themes are leading over the period, not a recommendation to buy any fund. The list refreshes weekly so the leading themes stay current.
Related FMP Coverage
- This week's deep dive: SEMI vs IKO vs ASIA — the crossover companies
- ETF basics for Australians: Hedged vs Unhedged ETFs: Which Is Better?
- The AI and memory thematic on the ASX: ASX AI Infrastructure Stocks and Sunrise Energy Metals (SRL): Scandium Meets the AI Memory Race
- Individual stock momentum: FMP Momentum Leaders
- ASX vs US market context: ASX 200 Market Structure vs US Indices
Access the Research Behind This List
Finer Market Points publishes the weekly Top 30 ASX momentum data — the same proprietary research framework behind this ETF list. Members receive the underlying educational data early, ahead of the Gary Glover weekly session. Membership gives access to the educational data and weekly analysis discussed in reports like this one through the FMP YouTube Membership.
Remember that past performance is no guarantee of future results, and all trading involves risk.
Frequently Asked Questions
What is the best performing ASX ETF right now?
As at 22 June 2026, the Global X Semiconductor ETF (SEMI) leads the ASX-listed ETF universe with a quarterly total return of 59.97%, followed by the iShares MSCI South Korea ETF (IKO, +49.04%) and the Betashares Asia Technology Tigers ETF (ASIA, +45.02%). Performance data is sourced from Iress.
Which company appears in the most top-performing ASX ETFs?
SK Hynix is the only company held among the top holdings of all three leading ETFs (SEMI, IKO and ASIA), and is a top-two position in each. Samsung Electronics, TSMC and MediaTek each appear in two of the three.
What is the difference between SEMI, IKO and ASIA?
SEMI tracks global pure-play semiconductor companies, IKO tracks large- and mid-cap South Korean companies across all sectors, and ASIA tracks the largest technology and online-retail companies in Asia ex-Japan. Their returns have converged this quarter because each is heavily exposed to the same memory and semiconductor names.
How is this ASX ETF momentum list calculated?
ASX-listed ETFs are ranked by quarterly total return over the most recent 90 days, using Finer Market Points' Iress watchlist of the ASX ETF universe. The list is updated weekly.
Are these ETFs available to Australian investors?
Yes — all ten are listed and traded on the ASX. This page is general, educational information only and does not consider any individual's objectives, financial situation or needs.
Educational Disclaimer: This content is for educational purposes only and does not constitute financial advice. Past performance is no guarantee of future results. Consider your financial situation and seek professional advice before making investment decisions.
Finer Market Points Pty Ltd, CAR 1304002, AFSL 526688, ABN 87 645 284 680. This general information is educational only and not financial advice, recommendation, forecast or solicitation. Consider your objectives, financial situation and needs before acting. Seek appropriate professional advice. We accept no liability for any loss or damages arising from use. Authors and presenters may hold positions in discussed companies and investment products.
Sources
# | Source | Detail | Accessed |
1 | Iress | ASX ETF price and quarterly total return data | 22 Jun 2026 |
2 | Global X | SEMI fund profile, holdings and management fee | 19 Jun 2026 |
3 | iShares (BlackRock) | IKO fund profile, holdings and management fee | 19 Jun 2026 |
4 | Betashares | ASIA fund profile, holdings and management fee | 19 Jun 2026 |
5 | Finer Market Points | Momentum research framework and ETF watchlist methodology | 22 Jun 2026 |