How much would I have now if I’d invested $10,000 in the BetaShares Nasdaq 100 ETF (NDQ) a year ago?

The BetaShares NASDAQ 100 ETF (ASX: NDQ) is one of the most popular exchange traded funds (ETFs) in Australia.

It isn’t hard to see why.

As its name implies, this ETF gives investors access to the 100 largest companies on Wall Street’s famous NASDAQ index. Though, one thing the name does not give away is that the fund excludes financial shares.

And with the NASDAQ the place to be for technology companies when they list on Wall Street, it will come as no surprise to learn that tech stocks make up a significant portion of its holdings.

At present, 50.7% of its sector allocation is information technology. The next largest allocations are communication services (15.6%), consumer discretionary (15.6%), and consumer staples (6.6%).

Among its largest holdings are many of the world’s biggest and brightest companies. This includes Microsoft, Nvidia, Apple, Amazon, Meta Platforms, Tesla, Alphabet (Google), Costco, and Starbucks.

There’s certainly no denying the quality that you will be buying with this ETF. These companies are the crème de la crème of financial markets. But has this translated into good returns for investors over the past 12 months?

Let’s take a look and see what a $10,000 investment in the BetaShares NASDAQ 100 ETF (NDQ) a year ago would be worth today.

$10,000 invested in the BetaShares NASDAQ 100 ETF (NDQ) in 2023

They say the cream always rises to the top and that has definitely been the case over the last 12 months.

At this point in 2023, I could have picked up this ETF for $29.84 per unit.

This means that for an investment of $9,996.4, I could have snapped up 335 units.

The BetaShares NASDAQ 100 ETF (NDQ) is currently changing hands for $42.60, which is almost 43% higher than where it traded a year earlier.

This means that those 335 units now have a market value of $14,271, which represents a return on investment of close to $4,300 from a $10,000 investment.

Overall, I think it is fair to say that this ETF has delivered for its shareholders. Long may it continue!

The post How much would I have now if I’d invested $10,000 in the BetaShares Nasdaq 100 ETF (NDQ) a year ago? appeared first on The Motley Fool Australia.

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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet, Amazon, Apple, BetaShares Nasdaq 100 ETF, Costco Wholesale, Meta Platforms, Microsoft, Nvidia, Starbucks, and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Alphabet, Amazon, Apple, Meta Platforms, Nvidia, and Starbucks. 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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