Performance data is updated to 31 May 2026.
Global X US 100 ETF (U100) — Review & Analysis
U100 is the cheapest Nasdaq 100 ETF on the ASX at 0.18% p.a. — 30bp cheaper than NDQ (0.48%) and meaningfully below every other Nasdaq-tracking product. AUM is $101.74 million as at May 2026, growing rapidly since launch. The fund tracks the Nasdaq 100 Index — the same benchmark as NDQ — at a fraction of the fee. Compare U100 across the tech cohort on our tech ETF page or use the Compare ETFs tool to put U100 vs NDQ side-by-side.
The U100 vs NDQ decision is straightforward in principle — same benchmark, same 100 stocks (Apple, Microsoft, Nvidia, Amazon, Meta, Google, Tesla, Broadcom, Costco), but U100 charges 30bp less. Over a 20-year holding period, that compounds into roughly 6% in cumulative cost savings — material for long-term holders.
The trade-off today is AUM scale. At $101M, U100 is materially smaller than NDQ's $8.96B, which means slightly wider bid-ask spreads at execution. For long-term holders, the fee saving outweighs the spread cost; for short-term traders, the execution gap can outweigh the fee differential. The 0.18% fee positions U100 alongside other cost-leadership products like BGBL (broad global, 0.08%) and A200 (ASX 200, 0.04%).
U100 is unhedged. Distributions are semi-annual reflecting the modest dividend yield of tech mega-caps. Our active vs passive ETFs guide covers the fee-vs-scale trade-off across passive index trackers.
Performance (% return)
Investment Focus
Themes
Exposure Regions
Portfolio Breakdown
| Company Name | % assets |
|---|---|
| NVIDIA CORP | 9.36% |
| APPLE INC | 9.04% |
| MICROSOFT CORP | 6.20% |
| AMAZON.COM INC | 5.29% |
| MICRON TECH | 5.06% |
| ALPHABET INC-A | 4.30% |
| ALPHABET INC-C | 3.99% |
| ADV MICRO DEVICE | 3.96% |
| BROADCOM INC | 3.67% |
| ORACLE CORP | 3.20% |
| Sector | % assets |
|---|---|
| Semiconductors | 29.88% |
| Packaged Software | 25.46% |
| Internet Software/Services | 15.84% |
| Telecommunications Equipment | 11.05% |
| Internet Retail | 7.79% |
| Motor Vehicles | 4.56% |
| Chemicals: Specialty | 2.34% |
| Other Consumer Services | 1.71% |
| Cable/Satellite TV | 1.21% |
Similar ETFs
| Stock | Name | 1 Year % |
|---|---|---|
| BEST | ETFS US Quality ETF | +15.75% |
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Last updated: January 2026
