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ETF PROFILE · ASX: HNDQ

HNDQ ETF: Betashares Nasdaq 100 Currency Hedged

What HNDQ holds, its fees and returns, the ETFs most similar to it, and where it fits in a core and satellite portfolio.

Fee0.51%a year
Size$961minvested
1 year+22.3%total return
5 years+85%total return
Top 1049%of the fund
Listed2020Betashares
· Updated 2 November 2026
THE SHORT ANSWER

HNDQ invests in the same 100 Nasdaq companies as NDQ, with the currency hedged to Australian dollars. It charges 0.51% a year, has $961m invested and returned +22.3% over the past year. The most similar ETF is NDQ, which overlaps with it by about 100%.

📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from HNDQ’s published holdings as at 30 October 2026.

Is it a good time to buy HNDQ?

Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where HNDQ stands right now.

Trend now

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Money flows
Outflows last monthNet money into HNDQ (new money in minus money out)
Net flow, September−$3m
Net flow, 2026 so far+$128m
Average month in 2026+$14m

See this week’s ETF flows

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HNDQ is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.

General information only, not a recommendation to buy or sell HNDQ. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.

What is HNDQ?

WHAT IT DOESHNDQ invests in the same 100 Nasdaq companies as NDQ, with the currency hedged to Australian dollars.
WHO IT SUITSInvestors who want a US tech tilt without US dollar currency risk.
WATCH OUT FORIt is heavily concentrated in US technology and can be volatile.

Index: Nasdaq-100 Index (hedged into Australian dollars) · Issuer: Betashares · Exchange: ASX

Top 10 holdings

The 10 largest companies make up 49% of HNDQ.

#CompanyWeight
1Apple IncInformation Technology8.18%
2NVIDIA CorpInformation Technology8.02%
3Microsoft CorpInformation Technology6.30%
4Alphabet (Google)Communication Services5.17%
5Micron Technology IncInformation Technology4.49%
6Amazon.com IncConsumer Discretionary4.22%
7Advanced Micro Devices IncInformation Technology3.70%
8Tesla IncConsumer Discretionary3.42%
9Meta Platforms IncCommunication Services2.97%
10Walmart IncConsumer Discretionary2.70%

Sector breakdown

Information Technology
58%
Communication Services
13%
Consumer Discretionary
13%
Health Care
5%
Consumer Staples
4%
Industrials
4%
Utilities
1%
Materials
1%

ETFs most similar to HNDQ

How much each ETF’s holdings overlap with HNDQ, by weight. High overlap means owning both mostly doubles up.

ETFOverlapFee1 year
NDQBetashares Nasdaq 100 ETF100%0.48%+16.6%HNDQ vs NDQ →
QYLDGlobal X Nasdaq 100 Covered Call Complex ETF96%0.60%+13.7%Compare in calculator →
ITEKiShares Nasdaq Top 30 ETF76%0.55%+20.0%Compare in calculator →
U100Global X Us 100 ETF71%0.18%+12.8%Compare in calculator →
V500Vanguard S&P 500 Us Shares Index ETF55%0.07%+0.0%Compare in calculator →
VTSVanguard Morningstar Us Total Mkt Shares Index ETF55%0.03%+9.8%Compare in calculator →

Head to head: NDQ vs HNDQ · all comparisons

Check HNDQ against your own ETFs →

Core or satellite?

SATELLITE Tech & AI

HNDQ is a satellite: a hedged US tech tilt. It holds the same companies as NDQ. In our approach, satellites are bought when they break out of a base into an uptrend, kept to a small slice of the portfolio, and sold with a stop loss. Read more in core and satellite investing.

Read more: Hedged vs unhedged ETFs · The base and trend method

HNDQ FAQs

Is HNDQ a good ETF?

HNDQ is the hedged version of NDQ. It suits investors who want the Nasdaq without currency moves, as a satellite. Whether it suits you depends on your goals and the rest of your portfolio.

What does HNDQ invest in?

HNDQ invests in the same 100 Nasdaq companies as NDQ, with the currency hedged to Australian dollars. Its largest holdings are Apple Inc, NVIDIA Corp, Microsoft Corp, and its biggest sector is information technology at about 58%.

What ETFs are similar to HNDQ?

The ETFs with the most overlap with HNDQ are NDQ (about 100%) and QYLD (about 96%). Use the free ETF overlap calculator to check your own mix.

Should I own HNDQ and NDQ together?

Usually there is little point: their holdings overlap by about 100%, so owning both mostly doubles up.

Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from Betashares as at 30 October 2026. Chart: TradingView. General information only, not a recommendation to buy or sell HNDQ. Consider the PDS and TMD before investing.

Does HNDQ double up with your other ETFs?

Our free overlap calculator looks through your core and satellite ETFs to the companies inside, and shows where they overlap.

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