Key Highlights

  • HULK (ASX:HULK) gives currency-hedged exposure to 11 large US growth companies, with the hedge set to Australian dollars.
  • Meta (11.35%), Tesla (11.09%) and Apple (10.62%) are the largest holdings.
  • Technology makes up 59.15% of the portfolio, and communication services 20.75%.
  • The fund was admitted to the ASX on 15 September 2026, so it has a short trading history.

ETFS Magnificent 7+ Currency Hedged ETF (ASX:HULK) traded at $9.82 during the trading session on 30 October 2026, up 0.30%, with 1,000 units changing hands. HULK offers the same growth-stock universe as the unhedged Magnificent 7+ fund, but with the US dollar hedged back into Australian dollars. The fund was admitted to the ASX on 15 September 2026 and is benchmarked to the Solactive Magnificent 7+ TR AUD index.

Fund Details

The ISIN is AU0000484552. The fund's units are priced in Australian dollars, and the currency hedge is designed to keep US dollar moves out of the Australian dollar return. Because the fund was admitted recently, its unit count and fund size are not established in this article.

The product sits in the Equity World Other category and aims to track the benchmark index with the hedge applied.

Stock Exposure and Sector Mix

The 11 holdings are Meta 11.35%, Tesla 11.09%, Apple 10.62%, AMD 10.42%, Micron 10.42%, Microsoft 10.19%, Nvidia 9.67%, Alphabet 9.49%, Amazon 9.10% and Broadcom 8.06%. Because the list is short, the top ten covers the whole portfolio, and the stock exposure is concentrated in a few of the largest growth names in the US market.

Sector weights are technology 59.15%, communication services 20.75% and consumer cyclical 20.10%. Every other sector is zero, and the entire exposure is to US-listed companies.

Session Trading

HULK's session volume was 1,000 units at a day range of $9.82 to $9.85. The bid-offer range during the session was $9.78 to $9.84. The fund's trading activity is light compared with larger ETFs in this group.

How the Portfolio Is Built

The fund holds the same eleven companies as its unhedged counterpart and uses a rolling currency hedge to convert the US dollar exposure into Australian dollars. The hedge cost depends on interest rate differences between the two countries and is rolled forward on a periodic basis.

The result is a product whose stock selection matches the unhedged fund, but whose returns in Australian dollars depend more on the stock moves and less on the US dollar.

What the Exposure Means

HULK combines a concentrated group of growth stocks with a currency hedge, which makes its exposure closer to a stock-only view for Australian investors. Its short trading history and light session volume are features to consider alongside its stock mix.