What is the ASX 50?

The S&P/ASX 50 represents the large cap universe for Australia, and is comprised of the 50 largest stocks by market capitalization in the Australian equities market. The ASX 50 index has a stock ticker code of XFL. It comprises the 50 largest stocks by market capitalisation in Australia. The constituent companies represent the biggest national and multi-national publicly listed companies in the Australian equity market. The S&P/ASX 50 index places an emphasis on liquidity and investability. The constituents of the index are reviewed quarterly using the previous six months data. The index forms the basis for the SPDR S&P/ASX 50 exchange-traded fund. Index constituents are drawn from eligible companies listed on the Australian Stock Exchange. The S&P/ASX 50 is a core component of the Australian indices that could be used as building blocks for portfolio construction.