US shares
QNDQ
Betashares Nasdaq 100 Equal Weight ETF · Betashares
The 100 largest non-financial companies on the US Nasdaq market, but held in roughly equal proportions rather than sized by how big each company is.
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
Holds the same 100 Nasdaq names as NDQ, but 'equal weight' means each company sits at roughly the same proportion — about 1% each at every rebalance — rather than tilting toward the biggest. So it leans much less on the handful of mega-cap tech giants, and spreads more evenly across sectors, though technology is still the largest.
What to keep in mind
Still concentrated in US-listed companies and tilted toward technology, so it rises and falls with that market — but equal weighting gives smaller members more influence than a standard Nasdaq fund, which can make it behave quite differently at times.
How this fund relates to others
Holds the same 100 Nasdaq names as NDQ and HNDQ, so the holdings overlap heavily while the proportions differ sharply — it leans far less on the largest few. Those names also sit inside the S&P 500 funds.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.