Eleven Giants, Hedged: ETFS Magnificent 7+ Currency Hedged ETF (ASX:HULK)

Sonal Goyal

28 October 2026 12:31 PM AEDT

Eleven Giants, Hedged: ETFS Magnificent 7+ Currency Hedged ETF (ASX:HULK)

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Key Highlights

ETFS Magnificent 7+ Currency Hedged ETF (ASX:HULK) aims to give currency hedged exposure to the largest 10 US companies on the Nasdaq.
The fund holds 11 holdings, with Meta Platforms Inc the largest position at 11.35%.
The fund has an ASX admission date of 15 September 2026.

As of 27 October, ETFS Magnificent 7+ Currency Hedged ETF (ASX:HULK) holds 11 positions drawn from the largest companies on the Nasdaq, with US dollar exposure hedged to Australian dollars. The fund was admitted on 15 September 2026.

Key Fact	Detail
Fund	ETFS Magnificent 7+ Currency Hedged ETF
ASX code	HULK
Issuer	ETFS (etfshares.com.au)
Category	Equity World Other
Benchmark	Solactive Magnificent 7+ TR AUD
ISIN	AU0000484552
Admitted to the ASX	15 September 2026
Fund size	Not disclosed
Management fee	Not disclosed
Holdings	11 holdings

Near-Equal Weights

Every position sits in a narrow band of roughly 8% to 11.4%. Meta Platforms (11.35%), Tesla (11.09%), Apple (10.62%), Advanced Micro Devices (10.42%) and Micron Technology (10.42%) are the largest, followed by Microsoft (10.19%), NVIDIA (9.67%), Alphabet (9.49%), Amazon (9.10%) and Broadcom (8.06%).

Sector Mix

Technology is 59.15%, communication services 20.75% and consumer cyclical 20.10%, with 100% of the portfolio in the United States and in companies above $1 billion in market capitalisation. The benchmark is the Solactive Magnificent 7+ TR AUD index, and the fund's product disclosure statement and admission notice were lodged on 15 September 2026.

Further Portfolio Detail

The asset mix shows that stocks make up 100.46% of the portfolio, offset by a small negative cash position of 0.46%. Regionally, the fund is invested in United States (100.00%).

Announcements to Note

The fund's admission and commencement of trading notice and product disclosure statement were lodged on 15 September 2026, followed by an annual report on 29 September 2026 and a units on issue and fund flows report on 5 October 2026.

Where the Fund Sits

ETFS Magnificent 7+ Currency Hedged ETF is classified as Equity World Other. Funds in this category are almost exclusively dedicated to global stocks, with less than 20% of the portfolio in assets other than equities. They may have a bias towards style and size characteristics, or be defined by a single sector or country exposure.

Index and Track Record Length

The fund is relatively new, having been admitted to the ASX on 15 September 2026. Its stated benchmark is the Solactive Magnificent 7+ TR AUD index, and the issuer is ETFS (etfshares.com.au) (ISIN AU0000484552).

How Concentrated Is the Portfolio?

Looking at the biggest weights, Meta Platforms Inc stands at 11.35% and the top five holdings combine for 53.90%.

Closing Notes

HULK concentrates a hedged portfolio in a small group of very large Nasdaq-listed companies. It has not yet reported a distribution.

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