The S&P/ASX 300 (XKO) provides broad exposure to the Australian share market and contains all ASX 200 companies and approximately 100 smaller-cap shares. It accounts for ~82% (January 2022) of Australia's equity market.
Vanguard Australian Shares ETF (VAS)
Want to be seen by over 500,000 ASX investors every month? See Corporate Services
Australia's Top 300 companies by market capitalisation (not S&P constituents).
The S&P/ASX 300 launched on 3 April 2000 and commenced trading on 23 August 2000.
XKO, ^AXKO and INDEXASX:XKO.
Top 300 stocks by market capitalisation (Dec 2021)
• Dividend Yield is 3.55%
• PE Ratio average is 24.43
Since inception, the index has returned 4.08% p.a. excluding dividends and 8.48% including dividends (Jan 2022).
Rebalances occur biannually in March and September.
In September 2021, there were 13 additions and 13 removals. Unlike most other S&P/ASX indices, if a company is removed from the index in between rebalances, there's no replacement until the next rebalance. See a list of historical rebalance announcements.
Note: Market Index uses market capitalisation to generate the above share price list. This enables more accurate (and dynamic) overviews and includes ETFs.