The S&P/ASX 200 Index (ASX: XJO) is often criticised for its lack of technology sector representation.
Technology enthusiasts typically invest in the US, and with good reason, given the recent performance of the Magnificent 7.
Over the past 5 years, chipmaker Nvidia Corp (NASDAQ: NVDA) has led the pack, rising 1,370%. Tesla Inc (NASDAQ: TSLA) has also clocked an impressive 526% over the same time frame.
Meanwhile, Meta Platforms (NASDAQ: META) is up 171%, Apple Inc (NASDAQ: AAPL) 153%, Microsoft Corp (NASDAQ: AMZN) 148%, Alphabet (NASDAQ: GOOG; GOOGL) 144%, and Amazon Inc (NASDAQ: AMZN) 68%.
However, there's one ASX 200 that has eclipsed them all.
An ASX technology rising star
That is ASX 200 company Life360 Inc (ASX:360). It is up 1,518% over the past 5 years, at the time of writing.
That puts it ahead of the Magnificent 7 stocks, including Nvidia.
What does Life360 do?
Life360 is dual-listed on the ASX and Nasdaq. It is a family safety app that allows groups to form and track each other. The company uses a 'freemium' model. This means certain basic features are offered for free, with the option to upgrade to more advanced features. Currently, premium features include location coordination and safety, driving safety, digital safety, and emergency assistance services.
Recently, the ASX 200 company has leveraged artificial intelligence to improve its functionality, consolidating its competitive advantage over other safety apps.
What has driven its success?
Life360 has been a standout growth company for several years. In its recent results, it showed no signs of slowing down, adding 4.1 million net global monthly active users to its database. Currently, the company boasts over 83.7 million MAUs, making it the 13th highest-ranking app in the US, based on daily active users. In the category of social networking apps, it ranked 4th, trailing Facebook, Facebook Messenger, and WhatsApp.
Life360 has shown particularly strong momentum in 2025, against a challenging market backdrop.
In the recent result, CEO Chris Hulls noted:
In a more cautious consumer spending environment, our performance reflects both the resilience of our business model and the growing demand for our services that keep families safe, connected, and provide peace of mind.
This has allowed Life360 shares to rise 39% in 2025, crushing the S&P/ASX 200 Index (ASX: XJO), which is up around 2%.
Foolish Takeaway
While it's true that banking and mining companies dominate the S&P/ASX 200 Index, there have been some fantastic opportunities outside these sectors. A $10,000 investment in Life360 would be worth a staggering $115,180 today, making it nothing short of a home run investment.
The post Guess which ASX200 technology stock has outperformed Nvidia over the past 5 years? appeared first on The Motley Fool Australia.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2025