BetaShares NASDAQ 100 ETF

ASX:NDQ

BetaShares NASDAQ 100 ETF

ASX:NDQ
TradeAdd trade order Follow Unfollow Set Price Alert
$47.45 (+0.9%)
Last close price
#20
Rank
22
Held by
21
Followers
TradeAdd trade order Follow Unfollow Set Price Alert
Reports (1) My Report Forum Investors
Forum Topics NDQ NDQ Currency hedged NDQ
actionman
Added 2 years ago

Big relief rally today. NDQ up 4.2%, And the hedged version HNDQ up 7.1%. Seems the $A is a big tailwind during risk on sentiment. If I were sitting on a loss with NDQ, one strategy could be to sell it to take the capital loss and buy HNDQ to take advantage of the low A$

12
actionman
Added 2 years ago

Given the strength of the USD what do people think of HNDQ the currency hedged version of this ETF ? Slightly higher fees but it may benefit as the USD returns to trend

11
Dominator
Added 2 years ago

NDQ is one of my main holdings IRL. I have had the same thought before if buying at low AUD to USD (say 65c or below) then I should buy HNDQ rather than NDQ as over time it is likely that the exchange rate will normalise to something higher. The 0.03% extra fee compounding is never going to overtake a 10% move in the currency. Seems like a cheap hedge on the AUDUSD moving against you...

14