US 100 ETF - Global X ETFs - Australia

N100


US 100 ETF

Reasons to Consider N100

Target Innovation

Gain exposure to 100 of the top technology and innovation-driven companies on the US market.

Core Portfolio Allocation

Providing investors with a core portfolio building block with sector and geographical diversification away from popular Australian holdings.

Competitive Management Fee

Australia’s lowest-cost ETF of its kind with a management fee of 0.24% p.a.

Product Information As of 23 May 2024

Inception Date 21 Aug 2023
Management Costs (% p.a.) 0.24
Currency Hedged No
Domicile Australia
Legal Form Managed Investment Scheme
SMSF Eligible Yes

NAV Information As of 23 May 2024

NAV/Unit (A$) 12.32840000
Currency (NAV) AUD
Shares Outstanding 2,200,009
AUM (A$) 27,122,551.77
NAV History File View

Product Summary

The Global X US 100 ETF, often referred to as N100, seeks to invest in 100 of the largest non-financial companies listed on the US market. It focuses on innovation-driven companies, providing a growth tilt to core portfolio holdings. With a diverse range of companies spanning technology, consumer goods, healthcare, and more, investors gain access to Alphabet, Apple, Microsoft, and Tesla, as well as a range of healthcare giants and digital juggernauts whose products or services play a vital role in everyday life.

Product Objective

The Global X US 100 ETF (ASX: N100) seeks to provide investment results that correspond generally to the price and yield, before fees and expenses, of the Global X US 100 Index.

Trading Details

Ticker N100
Bloomberg Code N100 AU Equity
ISIN AU0000290397
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Management (AUS) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar Computershare Investor Services Pty Limited
Trustee Global X Management (AUS) Limited

Benchmark Information

Benchmark Global X US 100 Index
Provider Mirae Asset Global Index Private Limited
Ticker GXUS100N

Distributions As of 30 Apr 2024

12-Month Yield 0.03%
12-Month Franking Level 0.00%
Distribution Frequency Semi-Annually
Distribution History View

Performance Table As of 23 May 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 4.88% 4.89% -0.01% 0.01%
3 Months 4.05% 4.09% -0.04% 0.01%
1 Year -- -- -- --
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception 23.32% 23.43% -0.11% 0.04%

Top Holdings As of 24 May 2024

Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
10.55 MICROSOFT CORP 2588173 427.00 4,441 2,861,918
9.51 NVIDIA CORP 2379504 1,037.99 1,646 2,578,526
9.21 APPLE INC 2046251 186.88 8,859 2,498,596
6.95 AMAZON.COM INC 2000019 181.05 6,895 1,884,002
3.84 META PLATFORMS-A B7TL820 465.78 1,482 1,041,784
3.82 ALPHABET INC-A BYVY8G0 173.55 3,953 1,035,381
3.74 ALPHABET INC-C BYY88Y7 175.06 3,835 1,013,213
3.50 BROADCOM INC BDZ78H9 1,393.29 451 948,346
2.14 COSTCO WHOLESALE 2701271 796.34 484 581,691
2.05 TESLA INC B616C79 173.74 2,122 556,409
1.65 NETFLIX INC 2857817 635.67 466 447,060
1.57 ADV MICRO DEVICE 2007849 160.43 1,764 427,103
1.50 PEPSICO INC 2681511 179.27 1,502 406,374
1.37 QUALCOMM INC 2714923 201.76 1,217 370,573
1.34 ADOBE INC 2008154 483.31 498 363,248
1.27 LINDE PLC BNZHB81 432.30 530 345,788
1.16 T-MOBILE US INC B94Q9V0 164.97 1,269 315,948
1.15 CISCO SYSTEMS 2198163 46.60 4,423 311,065
1.13 INTUIT INC 2459020 662.26 306 305,843
1.11 APPLIED MATERIAL 2046552 217.95 914 300,643
1.09 TEXAS INSTRUMENT 2885409 197.29 992 295,369
1.00 AMGEN INC 2023607 306.50 584 270,142
0.95 COMCAST CORP-A 2044545 38.68 4,423 258,197
0.85 INTUITIVE SURGIC 2871301 398.39 384 230,881
0.84 MICRON TECH 2588184 126.27 1,199 228,490
0.80 HONEYWELL INTL 2020459 199.39 720 216,663
0.79 BOOKING HOLDINGS BDRXDB4 3,752.68 38 215,216
0.77 INTEL CORP 2463247 30.08 4,605 209,053
0.77 LAM RESEARCH 2502247 958.13 144 208,226
0.71 ANALOG DEVICES 2032067 234.56 544 192,576
0.71 VERTEX PHARM 2931034 450.80 282 191,859
0.70 ARM HOLDINGS PLC BNSP5P7 112.53 1,120 190,211
0.64 REGENERON PHARM 2730190 980.57 117 173,146
0.63 KLA CORP 2480138 765.10 149 172,049
0.63 AUTOMATIC DATA 2065308 251.49 450 170,798
0.59 PALO ALTO NETWOR B87ZMX0 311.44 343 161,219
0.57 MONDELEZ INTER-A B8CKK03 68.85 1,486 154,409
0.56 PDD HOLDINGS INC BYVW0F7 153.63 660 153,027
0.54 STARBUCKS CORP 2842255 78.31 1,248 147,487
0.54 SYNOPSYS INC 2867719 586.30 166 146,885
0.52 MERCADOLIBRE INC B23X1H3 1,707.40 55 141,725
0.50 GILEAD SCIENCES 2369174 66.17 1,362 136,015
0.50 ASML HOLDING-NY B908F01 934.25 96 135,358
0.49 CADENCE DESIGN 2302232 294.69 297 132,090
0.47 CROWDSTRIKE HO-A BJJP138 342.35 249 128,653
0.43 CINTAS CORP 2197137 696.07 111 116,607
0.43 CONSTELLATION EN BMH4FS1 221.16 348 116,154
0.43 NXP SEMICONDUCTO B505PN7 272.72 281 115,657
0.42 MARRIOTT INTL-A 2210614 232.06 322 112,773
0.40 PAYPAL HOLDINGS BYW36M8 61.58 1,180 109,666
0.40 CSX CORP 2160753 33.50 2,158 109,105
0.39 MARVELL TECHNOLO BNKJSM5 75.02 944 106,880
0.38 MODERNA INC BGSXTS3 164.01 416 102,970
0.37 AIRBNB INC-A BMGYYH4 141.04 475 101,108
0.35 ROPER TECHNOLOGI 2749602 544.62 117 96,167
0.35 O'REILLY AUTOMOT B65LWX6 975.87 65 95,731
0.35 PACCAR INC 2665861 108.87 571 93,819
0.33 MONSTER BEVERAGE BZ07BW4 52.64 1,136 90,249
0.33 WORKDAY INC-A B8K6ZD1 260.90 228 89,775
0.32 MICROCHIP TECH 2592174 98.14 591 87,535
0.31 COPART INC 2208073 53.52 1,049 84,731
0.29 DEXCOM B0796X4 125.60 422 79,993
0.29 KEURIG DR PEPPER BD3W133 33.98 1,527 78,309
0.29 FORTINET INC B5B2106 60.93 848 77,979
0.29 ASTRAZENECA-ADR 2989044 78.18 657 77,519
0.29 AMERICAN ELECTRI 2026242 89.28 574 77,342
0.28 AUTODESK INC 2065159 215.16 234 75,985
0.28 PAYCHEX INC 2674458 125.66 395 74,911
0.27 ROSS STORES INC 2746711 131.86 370 73,631
0.27 KRAFT HEINZ CO/T BYRY499 35.80 1,340 72,400
0.26 IDEXX LABS 2459202 516.10 91 70,880
0.25 TRADE DESK INC-A BD8FDD1 92.51 487 67,993
0.25 DOORDASH INC-A BN13P03 110.39 405 67,474
0.24 CHARTER COMMUN-A BZ6VT82 268.41 162 65,624
0.23 FASTENAL CO 2332262 65.80 624 61,967
0.23 OLD DOMINION FRT 2656423 171.57 239 61,885
0.23 EXELON CORP 2670519 37.03 1,095 61,195
0.22 DATADOG INC-A BKT9Y49 122.12 330 60,820
0.22 LULULEMON ATH B23FN39 299.74 133 60,164
0.22 ELECTRONIC ARTS 2310194 134.40 295 59,837
0.22 GE HEALTHCARE TE BL6JPG8 79.33 497 59,503
0.22 VERISK ANALYTI B4P9W92 249.25 158 59,435
0.21 COSTAR GROUP INC 2262864 85.69 446 57,678
0.21 COGNIZANT TECH-A 2257019 68.47 547 56,524
0.19 BAKER HUGHES CO BDHLTQ5 31.81 1,099 52,761
0.19 BIOGEN INC 2455965 218.06 158 51,997
0.19 ON SEMICONDUCTOR 2583576 71.65 470 50,823
0.18 XCEL ENERGY INC 2614807 54.05 603 49,188
0.17 ANSYS INC 2045623 328.18 95 47,053
0.17 GLOBALFOUNDRIES BMW7F63 50.49 604 46,025
0.17 EBAY INC 2293819 52.81 568 45,270
0.16 MOBILEYE GLOBA-A BLFH8G4 27.56 1,070 44,505
0.16 ATLASSIAN CORP-A BQ1PC76 174.18 168 44,163
0.15 ZSCALER INC BZ00V34 171.91 161 41,771
0.15 DOLLAR TREE INC 2272476 114.60 238 41,163
0.11 WARNER BROS DISC BM8JYX3 7.70 2,663 30,946
0.11 VERISIGN INC 2142922 172.00 112 29,073
0.10 ZOOM VIDEO COM-A BGSP7M9 62.42 281 26,472
0.08 JD.COM INC-ADR BMM27D9 31.20 482 22,696
0.06 SIRIUS XM HOLDIN BGLDK10 2.73 4,194 17,280
Holdings are subject to change.

Sector Breakdown As of 24 May 2024

Sector Weight (%)
Technology Services 33.7
Electronic Technology 32.2
Retail Trade 11.4
Health Technology 5.3
Consumer Services 3.9
Consumer Non-Durables 3.0
Producer Manufacturing 2.7
Consumer Durables 2.1
Process Industries 1.3
Communications 1.2
Utilities 1.1
Other/Cash 2.1

Research

FAQs

  • What is the Global X US 100 Index?

    The Global X US 100 ETF (ASX: N100), tracks the performance of 100 of the largest non-financial companies listed in the US. This index focuses on technology and innovation-driven companies, making it a valuable benchmark for investors seeking exposure to high-growth sectors. The Global X US 100 ETF encompasses a diverse range of companies spanning technology, consumer goods, healthcare, and more, reflecting the dynamic nature of today's economy.
  • What is the management fee for Global X US 100 ETF (N100)?

    The Global X US 100 ETF (ASX: N100) is Australia’s lowest-cost ETF of its kind, with an annual management fee of 0.24% p.a.
  • How to use the Global X US 100 ETF (N100) in your portfolio?

    Incorporating the Global X US 100 ETF (ASX: N100) into your investment portfolio can enhance diversification and exposure to innovative industries. To utilise the ETF effectively, consider it as a growth-oriented component within your broader investment strategy. Including the Global X US 100 ETF can balance out a portfolio that is otherwise focused on traditional sectors, providing a gateway to the rapidly evolving landscape of tech-driven advancements. However, remember that, like any investment, the Global X US 100 ETF carries risks, so it's essential to assess your risk tolerance and align this index with your overall financial goals and investment horizon.
  • How do I buy the Global X US 100 ETF (N100)?

    The Global X US 100 ETF (ASX: N100) is accessible on all major trading platforms, such as CommSec, CMC Markets, Stake, St George, and nabtrade, making it easy to invest according to your preference. Additionally, you can acquire the ETF through experienced brokers and trusted financial advisors, who can offer guidance tailored to your investment goals and strategies.
  • N100 vs FANG?

    The Global X US 100 ETF (ASX: N100) is seen as a core building block within a portfolio. The Global X FANG+ ETF (ASX: FANG) can complement this building block by further tilting a portfolio towards the mega cap stocks of the US market.

    The Global X US 100 ETF (ASX: N100) is considered a more diversified investment given it holds a portfolio of 100 US-listed companies (excluding financials & REIT), whereas the Global X FANG+ ETF (ASX: FANG) is a highly concentrated and equally weighted portfolio of 10 US-listed mega cap stocks.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

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