Tech-Heavy by Design: Inside Betashares NDQ (ASX:NDQ)

Sonal Goyal

28 October 2026 12:31 PM AEDT

Tech-Heavy by Design: Inside Betashares NDQ (ASX:NDQ)

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

Betashares Nasdaq 100 ETF (ASX:NDQ) aims to track the performance of the Nasdaq 100 Index.
The fund holds 102 holdings, with NVIDIA Corporation the largest position at 8.52%.
The fund has a management fee of 0.48% and a fund size of $8.98 billion.

As of 27 October, Betashares Nasdaq 100 ETF (ASX:NDQ) holds 102 companies and manages $8.98 billion. The fund has traded since 26 May 2015, charges 0.48% and uses a passive approach.

Key Fact	Detail
Fund	Betashares Nasdaq 100 ETF
ASX code	NDQ
Issuer	Betashares
Category	Equity North America
Benchmark	NASDAQ 100 NR USD
ISIN	AU000000NDQ6
Admitted to the ASX	26 May 2015
Fund size	$8.98 billion
Management fee	0.48%
Holdings	102 holdings
Latest distribution	Final, $0.901 per unit (ex-date 1 Jul 2026; payment 16 Jul 2026)

Where the Weight Sits

The Nasdaq 100 weights its constituents by size, which concentrates the fund in a few large names: NVIDIA (8.52%), Apple (7.42%), Microsoft (6.01%), Micron Technology (4.76%) and Amazon (4.45%) lead, followed by Advanced Micro Devices, Alphabet's two share classes, Tesla and Broadcom. The top ten account for 46.38% of the portfolio.

Sector Tilt Versus the Category

Technology is 59.05% of the fund, against 40.54% for the Equity North America category. Financial services is only 0.20%, versus 7.78% for the category. All holdings are above $1 billion in market capitalisation, and the United States represents 97.27% of exposure. Turnover is 8.19%.

Additional Allocation Data

Size breakdown: 100% of the portfolio is in companies above $1 billion in market capitalisation.

Latest Payment Details

Under the latest distribution announcement, $0.901 per unit (final) is payable on 16 July 2026 to holders on the record date of 2 July 2026, following an ex-date of 1 July 2026.

Regulatory Notices

Notices lodged recently include 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.

Understanding the Category

Betashares Nasdaq 100 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 Background

The NASDAQ 100 NR USD index is the fund's benchmark. The fund has been listed since 26 May 2015, a period of about 11 years. Betashares is the issuer, and the ISIN is AU000000NDQ6. The fee is 0.48%.

Weight of the Largest Positions

The top five holdings add up to 31.16% of the portfolio, with NVIDIA Corporation the largest at 8.52%.

Distribution Dates Explained

Distributions follow a set sequence. Units go ex-distribution first, the record date then fixes who is entitled, and payment follows on the payment date.

Final Takeaway

NDQ delivers passive Nasdaq 100 exposure with a strong tilt toward technology. The latest distribution was a final payment of $0.901 per unit on 16 July 2026.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.