ASX ETF Momentum Leaders 2026: Top 10 by Quarterly Return
Updated: 1 day ago
Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | Updated October 2026
Data current as of 15 October 2026.
The best performing ASX-listed ETF over the past quarter is the Betashares Ethereum ETF (QETH), up 35.32% to 15 October 2026, its seventh consecutive week in first place and up from 33.40% five days earlier. The Global X Cybersecurity ETF (BUGG) jumps from 8th to 2nd at +33.48% and the Betashares Cloud Computing ETF (CLDD) from 7th to 3rd at +28.88%, ending a three-week run in which no equity fund sat in the top three. This page ranks ASX ETFs by quarterly momentum and is updated weekly.
Finer Market Points ranks the ASX-listed exchange traded product universe by quarterly return. This week's export listed 471 exchange traded products, none of them individual company shares; 447 carried a usable quarterly return and were ranked, and 24 returned no quarterly figure and were excluded rather than scored as 0%. Only 111 of the 447 ranked funds recorded a positive quarterly return. The count is higher than last week's because this export is a different, wider file, so the two weeks' fund counts are not directly comparable.
This Week's Top 10 ASX ETFs by Quarterly Momentum — as at 15 October 2026
Every ASX-listed exchange traded fund in the weekly export is ranked here by quarterly return, updated every week, with figures as at 15 October 2026.
Rank | Ticker | ETF | Theme | Quarterly return to 15 Oct 2026 | Rank a week earlier |
1st | QETH | Betashares Ethereum ETF | Ether (single crypto asset) | +35.32% | 1st |
2nd | BUGG | Global X Cybersecurity ETF | Global pure-play cybersecurity | +33.48% | 8th |
3rd | CLDD | Betashares Cloud Computing ETF | Global cloud computing / SaaS | +28.88% | 7th |
4th | VBTC | VanEck Bitcoin ETF | Bitcoin (single crypto asset) | +27.80% | 5th |
5th | OOO | Betashares Crude Oil Index ETF (Currency Hedged, Synthetic) | Crude oil futures (single commodity) | +27.04% | 2nd |
6th | QBTC | Betashares Bitcoin ETF | Bitcoin (single crypto asset) | +25.79% | 6th |
7th | IBIT | iShares Bitcoin ETF | Bitcoin (single crypto asset) | +25.24% | 4th |
8th | BTXX | DigitalX Bitcoin ETF | Bitcoin (single crypto asset) | +24.72% | 3rd |
9th | HACK | Betashares Global Cybersecurity ETF | Global cybersecurity | +18.68% | 13th |
10th | MKAX | Montaka Global Extension Fund (Complex ETF) | Global equity fund | +18.28% | 22nd |
Returns sourced from Finer Market Points' weekly ETF performance export as at 15 October 2026, ranked by quarterly return. FUEL (Betashares Global Energy Companies ETF) slipped from 9th to 11th at +16.18% and LHGG (Lakehouse Global Growth Fund Active ETF) ranked 12th at +16.09%. GDX (VanEck Gold Miners ETF) and MNRS (Betashares Global Gold Miners ETF) left the top 10, with quarterly returns of −17.64% and −10.90%.
Six of the top eight places are still held by non-equity funds, but the order inside the crypto group reshuffled. QETH's seventh straight week atop the table is the longest active leadership run on this page, and its lead over second place has narrowed to 1.85 percentage points from 4.22 a week earlier.
Why Did BUGG and CLDD Jump Into the Top Three?
BUGG gained 17.42 percentage points on the quarterly measure (16.06% to 33.48%) and CLDD 11.30 (17.58% to 28.88%) in five days. BUGG's weekly return of +15.74% was the largest of the 453 funds reporting one; CLDD returned +7.62% on the week, and HACK, the third cybersecurity-and-cloud fund on the board, returned +13.49% and rose from 13th to 9th. Three of the top ten places are now held by software and security funds, against none in the top three a week earlier. BUGG and CLDD share three holdings — Qualys, Zscaler and Akamai — which have kept diverging; the detail is in BUGG, CLDD and QETH side by side.
What Changed Among the Crypto and Crude Oil Funds?
QETH held first despite a −1.65% week, because its monthly return was +28.59%. Its one-year return improved to −49.81% from −61.72%. The four bitcoin funds spread out: VBTC gained 3.23 percentage points to 27.80% and moved from 5th to 4th, QBTC gained 1.26 and held 6th, IBIT gained 0.60 and fell from 4th to 7th, and BTXX lost 0.32 and fell from 3rd to 8th. The gap between the best and worst bitcoin fund widened to 3.08 percentage points from 0.51 a week earlier. OOO slipped from 2nd to 5th at +27.04% (−2.14 points), though its monthly return turned sharply positive at +20.67% from −1.63% and its one-year return of +85.32% is the strongest in this week's Top 10. MKAX entered the top 10 at 10th, up from 22nd, on a monthly return of +17.47%.
Do QETH, BUGG and CLDD Have Anything in Common?
QETH shares nothing with the other two, and cannot. It holds ether, so no overlap with an equity fund is possible. BUGG and CLDD do overlap on Qualys, Zscaler and Akamai, which together make up 15.17% of BUGG and 11.2% of CLDD. This is the second time these three funds have led together; the first, on 28 August 2026, was in the order BUGG, CLDD, QETH. The previous board's trio, with no equity fund in it, is in last week's leading trio.
One detail worth reading carefully: one-year returns improved for every crypto fund shown. The three bitcoin funds with a one-year figure are at −32.39% to −34.40%, from −44.85% to −46.27% in the previous reading; IBIT shows no one-year figure. A one-year return compares today with the same date a year earlier, so it moves independently of the latest quarter.
How the Best Performing ASX ETFs Are Ranked Here
The method, stated plainly. Every ASX-listed exchange traded product in the Finer Market Points weekly export is ranked on one measure and one only: quarterly return, approximately 90 days. There is no scoring model, no weighting between time periods and no discretionary overlay. Individual company shares are removed before the sort, and any product returning no data for the period is excluded from ranking rather than treated as a 0% return. Weekly, monthly and one-year returns appear throughout this page as context but never affect the ranking order.
The measure is deliberately backward-looking. It records which themes have already led over the quarter; it is not a forecast and not a recommendation to buy any fund. The list is rebuilt from scratch every week from the latest weekly data.
This list ranks individual funds. It does not rank the ETF market by category. That group-level view is maintained separately in how ASX ETF categories compare.
Related FMP Coverage
This week's deep dive: this week's three-fund comparison — BUGG vs CLDD vs QETH
Last week's trio: the previous board's trio
The category-level view: how ASX ETF categories compare
Individual stock momentum: the weekly ASX stock momentum leaders
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 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 15 October 2026, the Betashares Ethereum ETF (QETH) leads the ASX-listed ETF universe with a quarterly return of 35.32%, its seventh consecutive week in first place. Second is the Global X Cybersecurity ETF (BUGG, +33.48%) and third the Betashares Cloud Computing ETF (CLDD, +28.88%). The ranking covers the 447 exchange traded products in the weekly export that carry a usable quarterly return.
Why did BUGG and CLDD jump into the top three?
BUGG's quarterly return rose 17.42 percentage points this week (16.06% to 33.48%) and CLDD's rose 11.30 (17.58% to 28.88%), lifting them from 8th and 7th to 2nd and 3rd. BUGG's weekly return of +15.74% was the largest of the 453 funds reporting one. The data records the change and does not establish a cause.
Is the top three still free of equity funds?
No. For the three weeks to 10 October 2026 no equity fund sat in the top three, but this week the top three is QETH, BUGG and CLDD, and two of them hold companies. Crypto funds still hold five of the top ten places and six of the top eight places go to non-equity funds.
Do QETH, BUGG and CLDD have anything in common?
QETH holds only ether and shares nothing with the other two. BUGG and CLDD share Qualys, Zscaler and Akamai Technologies from their published top 20 holdings, together 15.17% of BUGG and 11.2% of CLDD.
Why did QETH stay first with a negative week?
QETH returned −1.65% on the week but +28.59% over the month, and its quarterly return rose 1.93 percentage points to 35.32%. Weekly, monthly and quarterly figures cover different windows, so a fund can fall over the latest week while its quarterly return still rises.
Which ETFs entered or left the Top 10 this week?
HACK (Betashares Global Cybersecurity ETF) rose from 13th to 9th (+18.68%) and MKAX (Montaka Global Extension Fund) entered at 10th (+18.28%), up from 22nd. FUEL (Betashares Global Energy Companies ETF) slipped from 9th to 11th (+16.18%), and GDX and MNRS, the gold-miner funds that sat in or near the top 10 a week earlier, recorded quarterly returns of −17.64% and −10.90%.
How is this ASX ETF momentum list calculated?
ASX-listed exchange traded products are ranked on one measure only: quarterly return, approximately 90 days. There is no scoring model, no weighting between time periods and no discretionary overlay. Individual company shares are removed before the sort, as is any product returning no data for the period, which is excluded from ranking rather than scored as a 0% return.
How many ASX ETFs does this ranking cover?
This week's export listed 471 exchange traded products and contained no individual company shares. Of those, 447 carried a usable quarterly return and were ranked, and 24 returned no quarterly figure and were excluded. Only 111 of the 447 recorded a positive quarterly return. Last week's edition ranked a different, narrower file of 403 products, so the counts are not directly comparable.
Sources
# | Source | Detail | Accessed |
1 | Finer Market Points, weekly ETF performance export | Weekly, monthly, quarterly and one-year returns for 471 ASX-listed exchange traded products, as at 15 Oct 2026 | 16 Oct 2026 |
2 | Betashares — QETH fund page | QETH structure, underlying fund, management fee, net assets (27 Aug 2026) and the issuer's own risk statement | 29 Aug 2026 |
3 | Global X — BUGG fund page | BUGG index, management fee, fund size, inception and top 20 holdings (28 Aug 2026) | 29 Aug 2026 |
4 | Betashares — CLDD fund page | CLDD index, management fee, net assets, inception, distribution frequency and top 20 holdings (27 Aug 2026) | 29 Aug 2026 |
5 | Finer Market Points | Momentum research framework and ETF watchlist methodology | 16 Oct 2026 |
All fund facts on this page come from each provider's own fund page, factsheet or product disclosure statement; no third-party aggregator was used for fund facts this edition.
This content is for educational purposes only and does not constitute financial advice. Past performance is no guarantee of future results.
The information, opinions and other materials appearing on this website are of a general nature only and shall not be construed as advice. 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. This is not taxation advice. Rose Bay Equities accepts no responsibility for the accuracy or completeness of the information, opinions or other materials provided on or accessible through this website. This website has not been prepared with reference to your individual financial or personal circumstances. You should not rely on any advice on this website without first seeking appropriate professional, financial and legal advice. Further, where Rose Bay Equities makes third party material available or accessible through this website you acknowledge that Rose Bay Equities is a distributor and not a publisher of that content and that its editorial control is limited to the selection of those materials to make available. We accept no liability for any loss or damages arising from use. Authors and presenters may hold positions in discussed companies and investment products.
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