These 3 shares are the best performers of the ASX 50 so far in 2021

So far, these 3 shares are the cream of the ASX 50 crop for 2021

| More on:
blue arrows representing a rising share price ASX 200

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

While the S&P/ASX 200 Index (ASX: XJO) is a favourite among many market watchers, Australia's very top companies can also be found in another, more niche index.

The S&P/ASX 50 Index (ASX: XFL) is where you'll find Australia's biggest fish. It's a scoreboard of shares with larger market capitalisations and more liquidity than all others on the ASX.

Today, the ASX 50 is down 0.77%. Though, it's gained 11.68% since the beginning of the year. That's ever so slightly better than the ASX 200's 10.8% year-to-date gain.

And these 3 shares are elbowing out the rest. These are the top performing shares of the ASX 50 so far this year.

2021's cream of the ASX 50 crop

Aristocrat Leisure Limited (ASX: ALL)

Having gained 38% so far this year, Aristocrat shares are playing an impressive game.

Currently, one share in this ASX 50 bigwig will cost an investor $42.78.

Aristocrat Leasure is a gaming technology company that produces poker machines (pokies) and casino management systems as well as free-to-play digital games.

The company has a market capitalisation of around $27 billion, with approximately 638 million shares outstanding.

Westpac Banking Corp (ASX: WBC)

The banking giant isn't too far from leading the ASX 50, with the Westpac share price having gained 34.64% since the start of 2021.

Right now, the bank's shares are trading for $26.08.

Westpac is one of Australia's big four banks and the oldest bank in the country.

It's also currently the fourth largest company on the ASX, with a market capitalisation of around $96 billion and approximately 3 billion shares outstanding.

Cochlear Limited (ASX: COH)

The Cochlear share price has gained an impressive 30.85% year to date.

One portion of the company will set an investor back $247.30, making the Cochlear share price among the highest on the ASX.

The company manufactures and sells hearing devices. It's a global leader in its field, distributing its products to more than 20 countries.

Cochlear has a market capitalisation of around $16 billion, with approximately 65 million shares outstanding.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Cochlear Ltd. The Motley Fool Australia has recommended Cochlear Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Gainers

A man wearing a red jacket and mountain hiking clothes stands at the top of a mountain peak and looks out over countless mountain ranges.
Share Gainers

Here are the top 10 ASX 200 shares today

It was mayhem on the markets today, with one of the worst days in a long time for ASX shares.

Read more »

Man pointing at a blue rising share price graph.
Share Gainers

Guess which little ASX iron ore stock is surging 68% on big news

Investors are bidding up the iron ore miner following a promising project update.

Read more »

a woman holds her hands up in delight as she sits in front of her lap
Share Gainers

Why Decmil, SCEE, Spartan Resources, and Telix shares are pushing higher

These shares are avoiding the market selloff today.

Read more »

A neon sign says 'Top Ten'.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a rough start to the trading week for ASX shares today.

Read more »

a man raises his fists to the air in joyous celebration while learning some exciting good news via his computer screen in an office setting.
Share Gainers

Why DroneShield, Ioneer, Piedmont Lithium, and Talga shares are racing higher

These shares are having a strong session despite the market weakness.

Read more »

Top ten gold trophy.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX investors endured a sour end to the trading week today.

Read more »

A young woman holding her phone smiles broadly and looks excited, after receiving good news.
Share Gainers

Why Boral, FBR, Origin, and Regis Resources shares are pushing higher today

These ASX shares are ending the week positively. But why?

Read more »

A woman is excited as she reads the latest rumour on her phone.
Share Gainers

Why Computershare, Core Lithium, Northern Star, and Vulcan Energy shares are storming higher

These ASX shares are avoiding the market weakness. But why?

Read more »