Highlights

  • Betashares Nasdaq 100 ETF (ASX:NDQ) tracks the Nasdaq 100 before fees and expenses.
  • The issuer lists annual management fees and costs of 0.48%, with additional costs potentially applying.
  • An issuer disclosure dated 7 August 2026 reported 148,411,487 units outstanding.
  • The fund distributes semi-annually and offers a distribution reinvestment plan.

Betashares Nasdaq 100 ETF is an Australian exchange-traded fund providing exposure to non-financial companies listed on the Nasdaq market. The fund, quoted as Betashares Nasdaq 100 ETF (ASX:NDQ), closed at AUD 61.32 on 20 October 2026, down 0.58% for the session. Its portfolio and operating arrangements remain relevant to investors monitoring offshore equities, sector concentration and exchange-rate changes. Issuer disclosures during 2026 describe the fund's benchmark, operating costs, holdings and distribution arrangements.

Company Business

Unlike an operating company, Betashares Nasdaq 100 ETF (ASX:NDQ) does not generate sales revenue from producing goods or services. It holds investments with the objective of tracking the Nasdaq 100 Index before fees and expenses. Betashares Capital Ltd is the fund issuer, and the vehicle is domiciled in Australia. Investors buy and sell units on the ASX, while the underlying exposure primarily reflects Nasdaq-listed non-financial businesses.

The index includes companies across information technology, communications, consumer discretionary and other industries. Although the holdings cover several sectors, the portfolio has substantial technology exposure. The fund's return consequently depends on the value of underlying securities, distributions, fees and movements between the US and Australian dollars. It is distinct from a currency-hedged Nasdaq fund.

Recent Development

Betashares' 2026 fund information identifies semi-annual distributions and an available distribution reinvestment plan. Its published 7 August 2026 figures listed 148,411,487 units outstanding and approximately AUD 9.08 billion in net assets. Those figures refer specifically to the disclosure date and should not be interpreted as fund balances at the 20 October close.

The issuer also makes a financial report for the year ended 30 June 2026 available among its fund documents. For Betashares Nasdaq 100 ETF (ASX:NDQ), ongoing portfolio publications are particularly relevant because the weights of large index constituents can change with equity prices, benchmark reconstitutions and fund flows. Any new issuer notice on methodology, distributions or charges should be assessed against the effective date stated in that notice.

Financial Performance and Sector Context

The manager states that NDQ's annual management fees and costs are 0.48%, with other costs potentially applicable. This recurring expense is different from the brokerage or bid-ask spread investors may incur when trading exchange-listed units. NDQ's net asset value per unit is also distinct from its market closing price; the two measures can diverge temporarily during trading.

In the issuer's 7 August 2026 holdings disclosure, Nvidia accounted for 8.6% of the portfolio, Apple 7.3% and Microsoft 5.9%. Amazon represented 4.7% and Micron Technology 4.3%. These historical weights illustrate how a relatively small group of larger securities can influence the fund's index exposure. They are not asserted to be the constituent weights at the October closing date.

Betashares Nasdaq 100 ETF (ASX:NDQ) is exposed to US equity valuations and business conditions affecting technology-related companies. Interest rates, earnings disclosures, capital expenditure and regulation can alter constituent valuations. Australian-dollar changes can also affect the local-currency value of US securities even when their US-dollar quotations are unchanged. No single sector development establishes the cause of the fund's daily price change.

Risks to Consider

Equity-market losses, a concentrated allocation to large Nasdaq constituents and movements in foreign currencies are material considerations. The Nasdaq 100 is not a broad representation of all US-listed industries because financial companies are excluded. Concentration may increase sensitivity to developments affecting a few heavily weighted businesses.

Tracking differences can arise from management costs, cash holdings, corporate actions and implementation effects. Market liquidity and bid-ask spreads may influence execution prices. Investors in Betashares Nasdaq 100 ETF (ASX:NDQ) should also distinguish the ETF's distributions from capital returns: neither distribution frequency nor past fund performance guarantees a future payment or outcome.

What to Watch Next

Relevant updates include the issuer's next holdings and allocation publication, any announced semi-annual distribution, and subsequent financial disclosures. Monitoring the fund's net asset value alongside its exchange price can help distinguish portfolio-value changes from market-trading effects. Changes in the Nasdaq 100's constituent composition and weighting are another observable factor.

Future disclosures about fund expenses, market-making arrangements, distribution dates and any alterations to benchmark tracking would also affect how Betashares Nasdaq 100 ETF (ASX:NDQ) is assessed. Published reporting dates and effective dates matter when comparing information issued at different points during 2026.

Key Insights

The fund offers ASX-listed access to a Nasdaq 100 portfolio rather than an operating company's earnings. Available 2026 issuer disclosures identify its costs, distribution frequency, assets and holdings at specified dates. The 20 October closing movement provides a separate market observation. Portfolio concentration, US equity conditions, currency movements and subsequent issuer publications remain the main measurable factors to monitor.