Nasdaq 100 Equal Weight ETF
Overview
Fund objective
QNDQ aims to track the performance of the Nasdaq-100 Equal Weighted Index (before fees and expenses). The Index provides exposure to 100 of the largest non-financial companies listed on the Nasdaq market, with each holding in the Index weighted equally.
Benefits
Access the new economy
QNDQ’s portfolio contains 100 of the largest non-financial companies listed on the Nasdaq stockmarket, which includes companies that continue to revolutionise our lives including Amazon, Apple, Alphabet, Microsoft, Tesla and Nvidia.
Sector diversification, low stock concentration
Each stock in QNDQ’s Index has a 1% weighting as at each rebalance, resulting in low stock concentration. Technology is the most heavily represented sector, but sectors including healthcare, consumer discretionary and industrials also have substantial weightings in the Index, resulting in a more diversified exposure overall.
Portfolio diversification for Australian investors
QNDQ provides access to sectors that are under-represented in the Australian sharemarket. This may benefit Australian investors with a relatively large allocation to Financials and Mining companies and little exposure to Technology.
There are risks associated with an investment in QNDQ, including market risk, country risk, currency risk and index methodology risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
Invest in QNDQ with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 975,379 |
|---|---|
| Management fee and cost** (p.a.) | 0.48% |
| Distribution frequency | At least annually |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Domicile | Australia |
* As at 16 April 2025
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| * Data is delayed by at least 20 minutes. | |
| NAV | |
|---|---|
| NAV/Unit* | $14.31 |
| * As at 16 April 2025 | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| ASX code | QNDQ |
|---|---|
| Bloomberg code | QNDQ AU |
| IRESS code | QNDQ.AXW |
| Market makers | Susquehanna Pacific |
Index information
| Index | Nasdaq-100 Equal Weighted Index |
|---|---|
| Index provider | Nasdaq, Inc. |
| Index ticker | N/A |
| Bloomberg index ticker | NENNRAUD Index |
Performance
Fund returns after fees (%)
| Fund | Index | Nasdaq 100 (AUD) | |
|---|---|---|---|
| 1 month | -6.42% | -6.41% | -7.83% |
| 3 months | -3.54% | -3.47% | -8.72% |
| 6 months | 7.69% | 7.87% | 7.27% |
| 1 year | 2.65% | 3.01% | 11.18% |
| 3 year p.a. | - | 11.64% | 16.80% |
| 5 year p.a. | - | 14.63% | 20.03% |
| 10 year p.a. | - | 13.89% | 19.29% |
| Since inception p.a. | 6.03% | 6.39% | 14.79% |
| Inception date | 20-Feb-24 | - | - |
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| ROSS STORES INC | 1.2 |
| COPART INC | 1.2 |
| COSTCO WHOLESALE CORP | 1.2 |
| FASTENAL CO | 1.2 |
| EXELON CORP | 1.2 |
| CINTAS CORP | 1.2 |
| KEURIG DR PEPPER INC | 1.1 |
| MONDELEZ INTERNATIONAL INC | 1.1 |
| COCA-COLA EUROPACIFIC PARTNERS | 1.1 |
| MICROSTRATEGY INC | 1.1 |
Sector allocation
| Information Technology | 39.9% |
|---|---|
| Industrials | 12.5% |
| Consumer Discretionary | 12.0% |
| Communication Services | 10.1% |
| Health Care | 10.0% |
| Consumer Staples | 7.4% |
| Utilities | 4.1% |
| Energy | 2.0% |
| Materials | 1.0% |
| Other | 1.0% |
* As of 31 March 2025
Distributions
Frequency and yield
| Distribution frequency | At least annually |
|---|---|
| 12 mth distribution yield* | 1.7% |
*As at 31 March 2025. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not an indicator of future performance.
You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 2-Jan-25 | 3-Jan-25 | 17-Jan-25 | $0.012404 | - |
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.245354 | - |
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance