Key Highlights

  • HUGE (ASX:HUGE) holds 11 large US growth companies, with fees of 0.19%.
  • HULK (ASX:HULK) holds the same 11 names with the currency hedged to AUD.
  • GNDQ (ASX:GNDQ) gives geared exposure to the Nasdaq 100, with fees of 0.84%.

Three ASX-listed funds give Australian investors growth stock exposure, but they differ in breadth, currency and gearing. HUGE (ASX:HUGE) traded at $12.85 during the trading session on 30 October 2026, down 3.16%. HULK (ASX:HULK) traded at $9.82, up 0.30%, and GNDQ (ASX:GNDQ) traded at $36.63, down 3.09%. Each one reaches the largest US growth names, but in a different way.

HUGE: A Focused Growth Basket

HUGE holds 11 large US growth companies, led by AMD at 11.83%, Meta at 11.78% and Micron at 11.19%. Technology is 60.55% of the portfolio and communication services 20.64%. Fund size is $29.99 million, fees are 0.19% and the annual yield is 1.78%.

HULK: The Hedged Twin

HULK holds the same 11 names, led by Meta at 11.35%, Tesla at 11.09% and Apple at 10.62%. The US dollar is hedged back to Australian dollars, so the stock mix is the only currency-free growth exposure in this trio. The fund was admitted on 15 September 2026, so it has a short trading record.

GNDQ: Geared Nasdaq 100 Exposure

GNDQ holds units in the Betashares Nasdaq 100 ETF and borrows to take its exposure above 100% of assets, shown at 143.57%. Technology is 59.05% and communication services 12.68%. Fund size is $80.46 million and fees are 0.84%. No annual yield is quoted for this fund.

Comparing the Growth Stock Mix

HUGE and HULK share the same eleven companies, so the difference between them is currency. GNDQ draws on a much wider set of Nasdaq 100 companies and magnifies that exposure through borrowing. HUGE is the most concentrated of the three, GNDQ the most geared and HULK the most direct in Australian dollar terms.

Which Growth Exposure Fits

HUGE, HULK and GNDQ all lean into large US growth companies, but they differ in concentration, currency treatment and gearing. The right fit depends on how much of the Nasdaq's largest names an investor wants to own, and whether they want the dollar hedged or magnified.