The S&P/ASX 20 (XTL) is Australia's narrowest index and contains the ASX top 20 stocks by float-adjusted market capitalisation. The index is highly liquid and accounts for ~49% (December 2020) of Australia's equity market.
iShares S&P/ASX 20 ETF (ILC)
Australia's Top 20 companies by market capitalisation (not S&P constituents).
The S&P/ASX 20 launched on 3 April 2000 and commenced trading on 23 August 2000.
XTL, ^AXTL and INDEXASX:XTL.
Top 20 stocks by market capitalisation (Dec 2020)
• Dividend Yield is 2.90%
• PE Ratio is 29.20
Since inception, the index has returned 3.17% p.a. excluding dividends and 7.56% p.a. including dividends (Dec 2020).
Rebalances occur quarterly in March, June, September and December, with little rotation in constituents.
No changes were made in the March 2021 rebalance. See a list of historical rebalance announcements.
• BetaShares Aust. Top 20 Equity Yield Maximiser (YMAX)
Note: Market Index uses market capitalisation to generate the above share price list. This enables more accurate (and dynamic) overviews and includes ETFs.