This ETF is made up of the large-cap ASX tech names, such as Wisetech, Xero, REA, et al. As we’ve discussed several times this week, the sector has fallen out of favour in FY26, and this week’s announcement from Anthropic accelerated selling across the related stocks, which were already re-rating to the downside. There will be major winners and losers from the AI revolution, but for those not prepared to take on the volatility from stock to stock, the ATEC ETF is an option when a degree of certainty returns to the space.
- We can see the ATEC ETF testing the $20 level in the coming weeks – It feels too early to catch this falling knife.