Currency Out of the Equation: Betashares HNDQ (ASX:HNDQ) Hedges the Nasdaq 100

Sonal Goyal

28 October 2026 12:31 PM AEDT

Currency Out of the Equation: Betashares HNDQ (ASX:HNDQ) Hedges the Nasdaq 100

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Key Highlights

Betashares Nasdaq 100 Currency Hedged ETF (ASX:HNDQ) aims to track the Nasdaq 100 Index with currency exposure hedged to Australian dollars.
The fund holds 102 holdings, with NVIDIA Corporation the largest position at 8.52%.
The fund has a management fee of 0.51% and a fund size of $919.70 million.

As of 27 October, Betashares Nasdaq 100 Currency Hedged ETF (ASX:HNDQ) manages $919.70 million and holds the same 102 companies as the Nasdaq 100 with US dollar exposure hedged. It has traded since 22 July 2020 and charges 0.51%.

Key Fact	Detail
Fund	Betashares Nasdaq 100 Currency Hedged ETF
ASX code	HNDQ
Issuer	Betashares
Category	Equity North America
Benchmark	NASDAQ 100 NR USD
ISIN	AU0000090508
Admitted to the ASX	22 July 2020
Fund size	$919.70 million
Management fee	0.51%
Holdings	102 holdings
Latest distribution	Final, $1.201 per unit (ex-date 1 Jul 2026; payment 16 Jul 2026)

What the Hedge Does

Hedging is intended to reduce the effect of movements between the US dollar and the Australian dollar on the fund's Australian dollar value. The underlying equity portfolio is the same as an unhedged Nasdaq 100 fund, led by NVIDIA (8.52%), Apple (7.42%) and Microsoft (6.01%), with the top ten at 46.38%.

Sector and Region

Technology is 59.05%, communication services 12.68% and consumer cyclical 11.09%, with the United States at 97.27% of geographic exposure. Every holding is above $1 billion in market capitalisation, and the fund's turnover ratio is 8.19%.

Portfolio Snapshot

In terms of company size, 100% of the portfolio is in companies above $1 billion in market capitalisation.

Distribution Schedule

The most recent distribution on record is a final distribution of $1.201 per unit, with an ex-date of 1 July 2026, a record date of 2 July 2026 and payment on 16 July 2026.

Recent Filings

On the filings front, an annual report on 25 September 2026, units on issue disclosures for August and September 2026 and estimated annual distribution component information on 8 July 2026.

Category Context

Betashares Nasdaq 100 Currency Hedged ETF is classified as Equity North America. Funds in this category invest in the securities of companies listed in the USA and/or Canada, and securities from these countries typically account for at least 75% of the portfolio.

Benchmark and Listing History

The fund is benchmarked to the NASDAQ 100 NR USD index. The fund has been listed since 22 July 2020, a period of about 6 years. It is issued by Betashares under ISIN AU0000090508. The management fee is 0.51%.

Concentration Check

The single largest position is NVIDIA Corporation at 8.52%, and the five largest positions together account for 31.16% of the portfolio.

Reading the Distribution Dates

The ex-date is the first day on which units trade without the right to the next distribution. The record date is when entitlements are determined from the register, and the payment date is when the distribution is paid to eligible holders.

Wrapping Up

HNDQ pairs a passive Nasdaq 100 portfolio with currency hedging at a 0.51% fee. The latest distribution was a final payment of $1.201 per unit on 16 July 2026.

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