Business
3 market-beating ASX blue-chip shares – Motley Fool Australia
Most blue-chip shares in the S&P/ASX 20 Index (ASX: XTL) have had negative returns over the past year. However, these 3 have outperformed their peers.
The S&P/ASX 20 Index (ASX: XTL) is also referred to as the blue-chip index as it covers the 20 largest companies on the ASX by market capitalisation.
With all of the daily activity, sometimes investors can’t see the wood for the trees. Nevertheless, when you step back and look at trends over a longer period of time, the quality and resilience of blue-chip shares really stands out.
In the past year, only 7 of the ASX 20 companies have made a positive share price return. Most of the 13 that…
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