US shares
JNDQ
Betashares Nasdaq Next Gen 100 ETF · Betashares
The 100 largest non-financial companies on the US Nasdaq market that sit just outside the Nasdaq-100 — in other words, the next tier down, one rung below the household-name giants.
What the fee costs you
The management fee is 0.48% a year. Here’s what that works out to in dollars:
A 0.48% yearly fee works out to about $48 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Betashares
- Asset class
- US shares
- Number of holdings
- ~100
- Where it invests
- Almost entirely the United States.
- Income paid
- At least annually
- Currency hedged
- No — It's unhedged, so for an Australian investor the value also moves with the US dollar against the Australian dollar, on top of the US market itself.
Its character
Think of it as the bench beneath NDQ: the 100 biggest Nasdaq companies that haven't made it into the top 100. Many are at an earlier stage, spread across technology, healthcare and industrials, with no single name allowed to dominate. Some companies, like Tesla and Netflix, eventually graduate up into the main Nasdaq-100.
What to keep in mind
Concentrated in US-listed companies and tilted toward smaller, earlier-stage names than NDQ, so it can swing harder than a broad market fund. The trade-off for that growth potential is bigger ups and downs.
How this fund relates to others
Deliberately holds the Nasdaq names that sit outside the Nasdaq-100, so it has little overlap with NDQ or HNDQ — it picks up where those leave off.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.