Highlights

  • Betashares Nasdaq 100 ETF (ASX:NDQ) tracks the Nasdaq-100 Index before fees and expenses.
  • The issuer lists management fees and costs of 0.48% annually, excluding certain additional costs.
  • The issuer reported 150,161,487 units outstanding as at 16 October 2026.
  • NDQ specifies semi-annual distributions and a distribution reinvestment plan.

Betashares Nasdaq 100 ETF (ASX:NDQ) is an Australian-domiciled exchange-traded fund issued by Betashares Capital Ltd. Its stated investment objective is to track the Nasdaq-100 Index before fees and expenses. The issuer’s October 2026 fund information identifies its listed code, distribution arrangements, fund assets and cost structure. On 21 October 2026, Betashares Nasdaq 100 ETF (ASX:NDQ) closed at AUD 61.55, up 0.38% for the day. The fund’s disclosures describe its benchmark, holdings and valuation methods.

Company Business

Betashares Capital Ltd is the issuer of the fund, which is traded on the Australian Securities Exchange under the code NDQ. The benchmark comprises major non-financial companies listed on Nasdaq and is administered by Nasdaq. The index is not an equal-weighted portfolio: constituent weights depend on the benchmark’s methodology, including its modified market-capitalisation approach.

Betashares Nasdaq 100 ETF (ASX:NDQ) holds securities linked to the benchmark, with published portfolio information identifying its investments and weights. The issuer’s fund page describes a semi-annual distribution schedule and full participation in its distribution reinvestment plan. The fund is domiciled in Australia, and its registry is MUFG Corporate Markets. These features concern administration and distribution arrangements rather than the operating results of a single company.

Recent Development

In its fund information dated 16 October 2026, Betashares recorded 150,161,487 units outstanding and net assets of AUD 9,144,414,557. It also reported a net asset value per unit of AUD 60.90 for that date. These measures refer to fund capital, portfolio value and unit valuation at the stated reporting point; they are not revenue, EBITDA or statutory earnings.

The issuer identified a management fee and cost of 0.48% per annum, noting that certain other costs apply under the product disclosure statement. Its trading information lists the ASX code NDQ and names its market maker. Changes in units outstanding or total net assets may reflect creations and redemptions as well as changes in portfolio valuations.

Financial Performance and Sector Context

The issuer’s performance disclosure dated 30 September 2026 presents returns after fund management costs. The figures use Australian-dollar net asset values, assume reinvested distributions and exclude investor-level tax and exchange trading spreads. Accordingly, reported fund returns are different from an individual unit holder’s realised outcome. Betashares Nasdaq 100 ETF (ASX:NDQ) also publishes benchmark returns for comparison with the portfolio’s stated tracking objective.

The Nasdaq-100 benchmark excludes financial companies and includes companies classified across information technology, communication services, consumer discretionary and other industries. The issuer’s April 2026 factsheet reported information technology as the largest sector allocation at that reporting date. Portfolio weights change with prices, index rebalances and fund transactions; an earlier sector allocation does not establish current weights.

NDQ is an Australian-listed fund with US-listed underlying securities. Movements in the AUD/USD exchange rate affect the Australian-dollar value of overseas investments where foreign currency exposure is unhedged. Published net asset value and the quoted ASX unit price are distinct measures because exchange trades may occur at a premium or discount to underlying portfolio value.

Risks to Consider

Risks identified by the issuer include market, country, currency and sector risk. Concentration in companies with larger index weights can increase the effect of movements in those securities on the portfolio. Changes in US equity valuations and the Australian dollar can therefore influence unit valuations independently of changes in the fund’s administrative arrangements.

What to Watch Next

Subsequent issuer updates will specify the latest portfolio holdings, sector allocations, units outstanding, fund net assets and net asset value per unit. Updated factsheets can also show changes in the difference between fund and benchmark returns.

Scheduled semi-annual distribution announcements will establish distribution amounts and relevant payment dates. Fund communications may also report changes to costs, index methodology or operating arrangements.

Key Insights

Betashares Nasdaq 100 ETF (ASX:NDQ) follows a Nasdaq-100 benchmark and reports fund-level measures rather than operating-company earnings. October 2026 disclosures show its units outstanding, assets and stated annual management fee and cost. Subsequent issuer updates will provide the basis for checking portfolio composition, valuation, tracking differences and distributions. Currency movements and concentration within the benchmark remain material characteristics of the fund.