NDQ and FANG overlap by about 45%: there is a fair amount of double-up. FANG is cheaper (0.35% vs 0.48% a year), about $130 a year less on $100,000. NDQ is the bigger fund ($9.5b vs $1.8b). Both lean on large US tech. FANG holds just 10 companies in roughly equal weights; NDQ holds 100, weighted by size.
📅 As at 30 September 2026: fees, size, flows and returns from the TMX Australia funds report; overlap from published holdings as at 30 October 2026.
NDQ
Betashares Nasdaq 100 ETFNDQ invests in the 100 largest non-financial companies listed on the US Nasdaq exchange, which are dominated by technology.
FANG
Global X FANG+ ETFFANG invests in 10 large US technology and internet companies, in roughly equal weights.
NDQ vs FANG side by side
Green marks the cheaper, bigger or better-performing fund on each line. Past returns are not a reliable guide to the future.
| NDQ | FANG | |
|---|---|---|
| Issuer | Betashares | Global X |
| Index | Nasdaq-100 Index | NYSE FANG+ Index |
| Fee (a year) | 0.48% | 0.35% |
| Size | $9.5b | $1.8b |
| Net money in, September | −$9m | −$4m |
| 1-year return | +16.6% | +10.6% |
| 5-year return | +104% | +158% |
| Listed | 2015 | 2020 |
| Top 10 holdings | 49% of fund | 100% of fund |
| Trend now | Base | Base |
How much do NDQ and FANG overlap?
About 45% of their holdings are the same, by weight: medium overlap, so there is a fair amount of double-up.
The biggest companies they both own
| Company | NDQ | FANG |
|---|---|---|
| Apple IncInformation Technology | 8.2% | 10.7% |
| NVIDIA CorpInformation Technology | 8.0% | 10.2% |
| Microsoft CorpInformation Technology | 6.3% | 11.0% |
| Alphabet (Google)Communication Services | 5.2% | 8.4% |
| Micron Technology IncInformation Technology | 4.5% | 10.2% |
| Amazon.com IncConsumer Discretionary | 4.2% | 10.1% |
| Meta Platforms IncCommunication Services | 3.0% | 9.4% |
| Broadcom IncInformation Technology | 2.5% | 10.3% |
| Palantir Technologies IncInformation Technology | 1.9% | 11.5% |
| Netflix IncCommunication Services | 1.2% | 8.3% |
Only in NDQ
- Advanced Micro Devices Inc 3.7%
- Tesla Inc 3.4%
- Walmart Inc 2.7%
- Space Exploration Technologies Corp 2.6%
- Costco Wholesale Corp 2.0%
Only in FANG
- No holdings above 0.5%: the differences are all small positions.
Sectors and countries
Sectors
Countries
Trend: base, uptrend or downtrend?
Past year of prices, shaded by trend stage. The dashed line is the 200-day exponential average. As at 4 November 2026. How base and trend works.
NDQ or FANG: which suits who?
Where either fits depends on the rest of your portfolio: whether it’s your core or a satellite. See core and satellite investing and our full profiles of NDQ and FANG.
See the exact overlap with everything you hold, plus the trend of each ETF, in our free calculator.
More comparisons
NDQ vs FANG FAQs
Is NDQ or FANG better?
Neither is better for everyone. Both lean on large US tech. FANG holds just 10 companies in roughly equal weights; NDQ holds 100, weighted by size. Choose NDQ if you want tech-heavy exposure that is still spread across 100 companies. Choose FANG if you want a concentrated bet on 10 big tech names and can handle larger swings.
What is the difference between NDQ and FANG?
NDQ and FANG overlap by about 45%: there is a fair amount of double-up. FANG is cheaper (0.35% vs 0.48% a year), about $130 a year less on $100,000. NDQ is the bigger fund ($9.5b vs $1.8b). Both lean on large US tech. FANG holds just 10 companies in roughly equal weights; NDQ holds 100, weighted by size.
Should I own both NDQ and FANG?
You can, but check the double-up: about 45% of their holdings are the same. Use the overlap calculator to see how they fit with your other ETFs.
Which is cheaper, NDQ or FANG?
FANG is cheaper (0.35% vs 0.48% a year), about $130 a year less on $100,000. Fees are taken from the fund’s returns, not charged separately.
Fees, size, flows and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns and the 5-year figure is cumulative. Overlap, sectors and countries are based on each fund’s published holdings, scaled to the part of each fund we can see. Trend stages are a technical indicator based on 10, 20, 50 and 200-day exponential moving averages; they describe the past, not the future. General information only, not a recommendation to buy or sell NDQ or FANG. Consider the PDS and TMD, and your own circumstances, before investing.