Key Highlights

  • U100 (ASX:U100) holds 102 US companies, led by Nvidia at 10.72% and Apple at 9.52%.
  • Technology makes up 65.15% of the portfolio, with communication services at 13.78%.
  • The ten largest holdings make up 54.38% of the fund.
  • Management fees and costs are 0.18%, and the annual yield is 11.80%.

Global X US 100 ETF (ASX:U100) traded at $16.13 during the trading session on 30 October 2026, down 2.06%, with 10,955 units changing hands. U100 is a concentrated bet on the largest US technology and communication companies. Its stock exposure is dominated by a small group of mega-cap names, which makes the fund's movements closely tied to the fortunes of those businesses, and it does so in a single ASX trade.

Stock Exposure

The largest positions are Nvidia at 10.72%, Apple at 9.52%, Microsoft at 7.46%, Amazon at 5.26%, Alphabet's first share class at 3.95%, AMD at 3.70%, Alphabet's second share class at 3.69%, Meta at 3.60%, Broadcom at 3.27% and Micron at 3.16%. Together these ten names account for 54.38% of the fund.

The remaining 92 holdings share the rest of the portfolio, with individual weights well below the leaders. The fund's effective exposure is therefore a few dozen large businesses rather than the whole market.

Sector and Country Mix

Technology is 65.15% of the portfolio, followed by communication services at 13.78%, consumer cyclical at 10.46%, industrials at 8.24% and healthcare at 2.37%. Consumer defensive, financials, energy, real estate and basic materials are reported at zero.

By country, the United States accounts for 95.75%, with Taiwan at 1.92%, China at 0.54%, South Korea at 0.13% and smaller positions in Brazil, Canada, Germany, the Netherlands and Switzerland. Every holding is a company valued above $1 billion.

Income Profile

The annual yield is 11.80%. The most recent final distribution was $1.909, with an ex-date of 2 July 2026, a record date of 3 July 2026 and a payment date of 16 July 2026. A yield this large is unusual for a technology-led exposure, so the income source should be checked in the issuer's product disclosures.

How the Portfolio Is Built

U100 tracks the Global X US 100 index, which selects large US-listed companies and weights them by market value. The fund holds the index members in proportion, so its stock mix moves as the index is rebalanced and as the market values of the largest companies change.

Because weights follow market value, the fund's exposure becomes more concentrated as the leading companies grow. That is the main structural feature investors should understand before they consider the stock exposure.

Session Trading

U100's day range was $16.10 to $16.39, with average daily volume of about 18,210 units. The bid-offer range during the session was $16.10 to $16.13.

Key Facts

The fund was admitted to the ASX on 23 August 2023 and is benchmarked to the Global X US 100 NR USD index. Its ISIN is AU0000348955, and management fees and costs are 0.18% a year. Fund size is $103.95 million, with 6,311,400 units on issue.

What the Exposure Means

U100 gives Australian investors concentrated exposure to the Nasdaq-style mega caps that set the tone for US technology. Its stock exposure is more concentrated than the S&P 500 and more heavily tilted to technology, which shapes how it moves as those leading names rise and fall.