The Betashares Nasdaq 100 ETF (ASX: NDQ) has underperformed the broader market over the last three years.
The exchange-traded fund (ETF), which aims to mirror the NASDAQ-100 Index (NASDAQ: NDX), has surged 32% in that time.
An investor sinking $5,000 into the NDQ ETF in April 2020 likely would have walked away with 218 units, paying $22.86 apiece.
Today, that parcel would be worth $6,572.70. The Betashares Nasdaq ETF last traded at $30.15.
Unfortunately, that leaves the NDQ ETF having underperformed the All Ordinaries Index (ASX: XAO). The benchmark index has risen 41% over the last three years.
But what about the dividends Betashares Nasdaq ETF investors have received in that time? Letâs take a look.
All dividends paid to those invested in NDQ ETF since 2020
Here are all the dividends paid to those invested in the NDQ ETF over the last three years, rounded to the nearest tenth of a cent:
| NDQ dividendsâ pay date | Dividend value |
| January 2023 | 3.1 cents |
| July 2022 | 84.2 cents |
| July 2021 | $1.175 |
| January 2021 | 2.6 cents |
| July 2020 | 64.9 cents |
| Total: | $2.723 |
As the chart shows, each Betashares Nasdaq 100 ETF unit has brought in $2.723 of passive income over the last three years. That means our figurative parcel could have provided $593.614 in dividends.
Considering that, and the ETFâs capital gains, an investor might have boasted a return on investment (ROI) of 44% ÂÂ
Not to mention the compounding benefits an ASX investor might have realised had they reinvested their passive income, using it to buy more NDQ units.
However, unlike many ASX-listed shares and funds, dividends offered by the ETF don’t come with franking credits.
Considering its two most recent dividends, the Betashares Nasdaq 100 ETF currently trades with a respectable (but not quite mind-blowing) 2.89% dividend yield.
The post Sunk $5,000 into the Betashares Nasdaq 100 ETF (NDQ) in 2020? Hereâs how much passive income your investment has provided appeared first on The Motley Fool Australia.
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More reading
- 3 highly rated ETFs for ASX investors to buy in May
- I think this underrated reason is key to why ETFs can be great investments
- Buy and hold these 3 ASX ETFs for a decade
- Up 20% in 2023 so far, is it too late to buy Betashares Nasdaq 100 ETF (NDQ) units?
- 2 of the best ETFs for ASX investors to buy this month
Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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