Key Highlights

  • Betashares Nasdaq 100 ETF (ASX:NDQ) uses a passive approach and holds 102 companies, with a fund size of $8.98 billion and a 0.48% management fee.
  • Betashares Nasdaq 100 Currency Hedged ETF (ASX:HNDQ) holds the same companies with currency hedging and a 0.51% management fee.
  • Global X Ultra Long Nasdaq 100 Complex ETF (ASX:LNAS) uses long futures to achieve geared Nasdaq 100 exposure, with a 1.00% management fee.

Three exchange traded funds provide exposure to the Nasdaq 100 in different ways. Betashares Nasdaq 100 ETF (ASX:NDQ) holds the index companies directly under a passive approach, Betashares Nasdaq 100 Currency Hedged ETF (ASX:HNDQ) adds hedging to Australian dollars, and Global X Ultra Long Nasdaq 100 Complex ETF (ASX:LNAS) uses long futures contracts to create geared exposure. All three are categorised as Equity North America and have technology weights near 60%.

Betashares Nasdaq 100 ETF (ASX:NDQ)

The fund is categorised as Equity North America, a category that invests in the securities of companies listed in the USA and/or Canada. It holds 102 companies, and its turnover ratio is 8.19%.

The fund holds 102 holdings. Its largest positions are NVIDIA Corporation (8.52%), Apple Inc. (7.42%), Microsoft Corporation (6.01%), Micron Technology, Inc. (4.76%), Amazon.com Inc (4.45%), and the top ten holdings together account for 46.38% of the portfolio.

The remaining top ten positions are Advanced Micro Devices, Inc. (3.38%), Alphabet Inc. (3.15%), Tesla Inc (2.93%), Alphabet Inc. (2.92%), Broadcom Inc (2.80%).

The most recent recorded distribution was a final distribution of $0.901 per unit, with an ex-date of 1 July 2026, a record date of 2 July 2026 and payment on 16 July 2026.

Betashares Nasdaq 100 Currency Hedged ETF (ASX:HNDQ)

The fund holds the same underlying Nasdaq 100 companies as an unhedged Nasdaq 100 fund, with the hedging designed to reduce the effect of movements between the US dollar and the Australian dollar. It is classified as Equity North America and holds 102 companies, with a turnover ratio of 8.19%.

The fund holds 102 holdings. Its largest positions are NVIDIA Corporation (8.52%), Apple Inc. (7.42%), Microsoft Corporation (6.01%), Micron Technology, Inc. (4.76%), Amazon.com Inc (4.45%), and the top ten holdings together account for 46.38% of the portfolio.

The remaining top ten positions are Advanced Micro Devices, Inc. (3.38%), Alphabet Inc. (3.15%), Tesla Inc (2.93%), Alphabet Inc. (2.92%), Broadcom Inc (2.80%).

The most recent recorded distribution was 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.

Global X Ultra Long Nasdaq 100 Complex ETF (ASX:LNAS)

The fund may also hold securities, cash and cash equivalents from time to time. The Nasdaq 100 exposure is created through E-mini Nasdaq 100 futures rather than by holding the underlying shares directly, and the portfolio shows stocks at 228.41% offset by cash at negative 128.41%.

The portfolio is held through a single investment, E-mini Nasdaq 100 Future Dec 26 (--), which represents 228.41% of the fund.

By sector, the portfolio is allocated as follows: Technology 60.23%, Communication Services 12.57%, Consumer Cyclical 10.05%, Consumer Defensive 5.55%, Industrials 5.26%, Healthcare 3.78%, Utilities 1.01%, Basic Materials 0.92%.

The most recent recorded distribution was a final distribution of $4.891 per unit, with an ex-date of 2 July 2026, a record date of 3 July 2026 and payment on 16 July 2026.

Fund Details at a Glance

  • NDQ: Equity North America; benchmark NASDAQ 100 NR USD; admitted 26 May 2015; fund size $8.98 billion; management fee 0.48%
  • HNDQ: Equity North America; benchmark NASDAQ 100 NR USD; admitted 22 July 2020; fund size $919.70 million; management fee 0.51%
  • LNAS: Equity North America; benchmark NASDAQ 100 TR USD; admitted 13 July 2020; fund size $74.03 million; management fee 1.00%

Closing Perspective

NDQ, HNDQ and LNAS share a Nasdaq 100 benchmark but differ in currency treatment and gearing. Their most recent distributions were $0.901 per unit for NDQ (paid 16 July 2026), $1.201 for HNDQ (paid 16 July 2026) and $4.891 for LNAS (paid 16 July 2026).