NDQ and SEMI overlap by about 29%: they do quite different jobs. SEMI is cheaper (0.45% vs 0.48% a year), about $30 a year less on $100,000. NDQ is the bigger fund ($9.5b vs $1.1b). NDQ is broad US tech and growth. SEMI holds only semiconductor companies from around the world, a much narrower bet.
📅 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.
SEMI
Global X Semiconductor ETFSEMI invests in around 30 of the world’s largest semiconductor companies, such as NVIDIA, Micron and Taiwan Semiconductor.
NDQ vs SEMI 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 | SEMI | |
|---|---|---|
| Issuer | Betashares | Global X |
| Index | Nasdaq-100 Index | An index of around 30 of the largest global semiconductor companies |
| Fee (a year) | 0.48% | 0.45% |
| Size | $9.5b | $1.1b |
| Net money in, September | −$9m | +$25m |
| 1-year return | +16.6% | +109.0% |
| 5-year return | +104% | +352% |
| Listed | 2015 | 2021 |
| Top 10 holdings | 49% of fund | 76% of fund |
| Trend now | Base | Base |
How much do NDQ and SEMI overlap?
About 29% of their holdings are the same, by weight: low overlap, so they do quite different jobs.
The biggest companies they both own
| Company | NDQ | SEMI |
|---|---|---|
| NVIDIA CorpInformation Technology | 8.0% | 11.2% |
| Micron Technology IncInformation Technology | 4.5% | 10.6% |
| Advanced Micro Devices IncInformation Technology | 3.7% | 9.6% |
| Broadcom IncInformation Technology | 2.5% | 9.5% |
| Intel CorpInformation Technology | 1.6% | 4.2% |
| Applied Materials IncInformation Technology | 1.4% | 3.5% |
| Lam Research CorpInformation Technology | 1.3% | 3.3% |
| Texas Instruments IncInformation Technology | 1.2% | 3.0% |
| KLA CorpInformation Technology | 0.9% | 2.3% |
| Analog Devices IncInformation Technology | 0.9% | 2.2% |
Only in NDQ
- Apple Inc 8.2%
- Microsoft Corp 6.3%
- Alphabet (Google) 5.2%
- Amazon.com Inc 4.2%
- Tesla Inc 3.4%
Only in SEMI
- Taiwan Semiconductor Manufacturing Co Ltd 10.4%
- SK hynix Inc 6.8%
- MediaTek Inc 1.9%
- Advantest Corp 1.8%
- Tokyo Electron Ltd 1.5%
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 SEMI: 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 SEMI.
See the exact overlap with everything you hold, plus the trend of each ETF, in our free calculator.
More comparisons
NDQ vs SEMI FAQs
Is NDQ or SEMI better?
Neither is better for everyone. NDQ is broad US tech and growth. SEMI holds only semiconductor companies from around the world, a much narrower bet. Choose NDQ if you want broad technology exposure. Choose SEMI if you want a targeted, higher-risk bet on the chip industry as a small satellite.
What is the difference between NDQ and SEMI?
NDQ and SEMI overlap by about 29%: they do quite different jobs. SEMI is cheaper (0.45% vs 0.48% a year), about $30 a year less on $100,000. NDQ is the bigger fund ($9.5b vs $1.1b). NDQ is broad US tech and growth. SEMI holds only semiconductor companies from around the world, a much narrower bet.
Should I own both NDQ and SEMI?
Yes, they can work together: only about 29% of their holdings are the same, so each adds something different. Check the fit with your other ETFs first.
Which is cheaper, NDQ or SEMI?
SEMI is cheaper (0.45% vs 0.48% a year), about $30 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 SEMI. Consider the PDS and TMD, and your own circumstances, before investing.