BetaShares NDQ ETF (ASX:NDQ)
The BetaShares NDQ ETF provides investors with exposure to the performance of the 100 largest non-financial companies listed on the NASDAQ stock market, weighted by market capitalisation.
What does the NDQ invest in?
The BetaShares NDQ ETF invests in US shares, which offer both growth and income potential. NDQ tracks the performance of the NASDAQ 100 Index which is home to some of the world’s largest and most innovative companies. Think tech heavyweights like Apple, Google (Alphabet), Microsoft and Amazon. Although the NASDAQ 100 Index is skewed heavily towards the technology sector, it also has key allocations to the communication services and consumer discretionary sectors.
What do investors use NDQ for?
NDQ could be used by investors to get exposure to a broad basket of the USA’s largest public companies (excluding financials), with a sizeable weighting to the technology sector. These companies are likely to grow their profit over time and pay semi-regular dividends to their shareholders.
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