Updated Jun 10, 2026 – 4.13pm, first published at 4.02pmJust one year ago, CSL, Cochlear, WiseTech and Xero were among the 50 largest companies on the Australian sharemarket. Today, they are the worst-performing stocks on the benchmark index.Together, these former heavyweights have haemorrhaged a massive $60 billion in market capitalisation, with the shares collapsing around 60 per cent over the last 12 months, taking the returns of Australia’s large-cap investors with them.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Former blue-chip stocks plunge into ASX’s worst performers list
Cochlear, WiseTech, CSL and Xero have crashed 60 per cent over the past year, with only one of those tipped by fund managers to bounce back.
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