US 100 ETF - Global X ETFs - Australia
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N100

US 100 ETF

Invest in N100
Overview Performance Holdings & Characteristics Research Documents Announcements FAQs

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 29 Apr 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 29 Apr 2024

NAV/Unit (A$) 11.83460000
Currency (NAV) AUD
Shares Outstanding 2,200,009
AUM (A$) 26,036,185.31
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 28 Mar 2024

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

Performance Table As of 29 Apr 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month -2.82% -2.81% -0.01% 0.01%
3 Months 3.08% 3.11% -0.03% 0.01%
1 Year -- -- -- --
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception 18.38% 18.47% -0.09% 0.04%

Top Holdings As of 30 Apr 2024

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
10.46 MICROSOFT CORP 2588173 402.25 4,441 2,723,782
9.00 APPLE INC 2046251 173.50 8,859 2,343,579
8.46 NVIDIA CORP 2379504 877.57 1,646 2,202,455
7.31 AMAZON.COM INC 2000019 180.96 6,895 1,902,446
3.85 ALPHABET INC-A BYVY8G0 166.15 3,953 1,001,435
3.77 ALPHABET INC-C BYY88Y7 167.90 3,835 981,774
3.75 META PLATFORMS-A B7TL820 432.62 1,482 977,575
3.54 BROADCOM INC BDZ78H9 1,338.62 451 920,512
2.41 TESLA INC B616C79 194.05 2,122 627,848
2.06 COSTCO WHOLESALE 2701271 726.33 484 536,012
1.65 ADV MICRO DEVICE 2007849 160.20 1,764 430,880
1.55 PEPSICO INC 2681511 176.14 1,502 403,388
1.53 NETFLIX INC 2857817 559.49 466 397,533
1.38 LINDE PLC BNZHB81 445.07 530 359,666
1.38 ADOBE INC 2008154 473.07 498 359,212
1.24 CISCO SYSTEMS 2198163 47.78 4,423 322,225
1.22 T-MOBILE US INC B94Q9V0 164.25 1,269 317,806
1.21 QUALCOMM INC 2714923 169.20 1,217 313,969
1.14 INTUIT INC 2459020 638.39 306 297,854
1.10 APPLIED MATERIAL 2046552 205.26 914 286,053
1.04 TEXAS INSTRUMENT 2885409 179.29 992 271,183
1.01 COMCAST CORP-A 2044545 38.85 4,423 262,001
0.95 AMGEN INC 2023607 276.38 584 246,102
0.85 INTEL CORP 2463247 31.36 4,605 220,192
0.84 INTUITIVE SURGIC 2871301 374.14 384 219,059
0.82 HONEYWELL INTL 2020459 193.77 720 212,723
0.80 MICRON TECH 2588184 114.36 1,199 209,069
0.78 LAM RESEARCH 2502247 928.81 144 203,932
0.78 BOOKING HOLDINGS BDRXDB4 3,514.80 38 203,648
0.68 ARM HOLDINGS PLC BNSP5P7 103.24 1,120 176,304
0.65 VERTEX PHARM 2931034 396.20 282 170,357
0.65 ANALOG DEVICES 2032067 203.90 544 169,126
0.65 STARBUCKS CORP 2842255 88.33 1,248 168,081
0.64 AUTOMATIC DATA 2065308 243.95 450 167,382
0.63 MONDELEZ INTER-A B8CKK03 71.83 1,486 162,750
0.62 KLA CORP 2480138 713.93 149 162,195
0.61 REGENERON PHARM 2730190 892.48 117 159,213
0.59 PALO ALTO NETWOR B87ZMX0 293.41 343 153,449
0.53 SYNOPSYS INC 2867719 544.76 166 137,882
0.53 GILEAD SCIENCES 2369174 65.94 1,362 136,937
0.51 ASML HOLDING-NY B908F01 909.77 96 133,168
0.49 CADENCE DESIGN 2302232 282.49 297 127,925
0.49 PDD HOLDINGS INC BYVW0F7 126.82 660 127,622
0.46 MERCADOLIBRE INC B23X1H3 1,438.36 55 120,622
0.46 PAYPAL HOLDINGS BYW36M8 66.99 1,180 120,528
0.45 MARRIOTT INTL-A 2210614 240.49 322 118,072
0.45 AIRBNB INC-A BMGYYH4 162.25 475 117,510
0.44 CROWDSTRIKE HO-A BJJP138 304.04 249 115,432
0.43 CINTAS CORP 2197137 665.83 111 112,689
0.43 CSX CORP 2160753 33.95 2,158 111,709
0.41 NXP SEMICONDUCTO B505PN7 247.13 281 105,883
0.39 O'REILLY AUTOMOT B65LWX6 1,037.04 65 102,779
0.38 CONSTELLATION EN BMH4FS1 188.61 348 100,078
0.38 MARVELL TECHNOLO BNKJSM5 68.75 944 98,956
0.38 PACCAR INC 2665861 113.64 571 98,938
0.36 MONSTER BEVERAGE BZ07BW4 54.13 1,136 93,759
0.35 ROPER TECHNOLOGI 2749602 513.58 117 91,620
0.34 COPART INC 2208073 55.71 1,049 89,105
0.33 WORKDAY INC-A B8K6ZD1 248.77 228 86,483
0.32 MICROCHIP TECH 2592174 93.18 591 83,966
0.32 FORTINET INC B5B2106 64.30 848 83,139
0.31 DOORDASH INC-A BN13P03 132.12 405 81,587
0.31 DEXCOM B0796X4 125.81 422 80,951
0.30 KRAFT HEINZ CO/T BYRY499 38.65 1,340 78,968
0.30 KEURIG DR PEPPER BD3W133 33.70 1,527 78,463
0.30 AUTODESK INC 2065159 216.78 234 77,345
0.29 AMERICAN ELECTRI 2026242 86.67 574 75,854
0.29 ASTRAZENECA-ADR 2989044 75.48 657 75,612
0.28 ROSS STORES INC 2746711 131.06 370 73,938
0.28 LULULEMON ATH B23FN39 363.96 133 73,808
0.28 PAYCHEX INC 2674458 120.81 395 72,760
0.27 MODERNA INC BGSXTS3 111.62 416 70,800
0.27 IDEXX LABS 2459202 505.34 91 70,117
0.26 GE HEALTHCARE TE BL6JPG8 88.94 497 67,398
0.26 OLD DOMINION FRT 2656423 184.24 239 67,139
0.25 FASTENAL CO 2332262 68.48 624 65,154
0.25 DATADOG INC-A BKT9Y49 129.07 330 64,943
0.25 CHARTER COMMUN-A BZ6VT82 259.76 162 64,163
0.24 EXELON CORP 2670519 37.72 1,095 62,977
0.24 COSTAR GROUP INC 2262864 92.50 446 62,903
0.24 TRADE DESK INC-A BD8FDD1 84.50 487 62,745
0.22 ELECTRONIC ARTS 2310194 127.90 295 57,529
0.21 BAKER HUGHES CO BDHLTQ5 33.22 1,099 55,666
0.21 COGNIZANT TECH-A 2257019 66.53 547 55,488
0.21 VERISK ANALYTI B4P9W92 221.85 158 53,446
0.20 BIOGEN INC 2455965 215.50 158 51,916
0.19 ON SEMICONDUCTOR 2583576 70.82 470 50,752
0.19 XCEL ENERGY INC 2614807 54.48 603 50,090
0.18 ANSYS INC 2045623 329.87 95 47,782
0.18 EBAY INC 2293819 52.75 568 45,684
0.18 MOBILEYE GLOBA-A BLFH8G4 28.00 1,070 45,681
0.17 ATLASSIAN CORP-A BQ1PC76 177.07 168 45,358
0.17 GLOBALFOUNDRIES BMW7F63 48.80 604 44,942
0.17 ZSCALER INC BZ00V34 179.04 161 43,951
0.17 DOLLAR TREE INC 2272476 118.81 238 43,115
0.13 WARNER BROS DISC BM8JYX3 8.15 2,663 33,092
0.11 VERISIGN INC 2142922 175.11 112 29,904
0.10 ZOOM VIDEO COM-A BGSP7M9 63.32 281 27,130
0.08 JD.COM INC-ADR BMM27D9 29.89 482 21,967
0.08 SIRIUS XM HOLDIN BGLDK10 3.17 4,194 20,271
Holdings are subject to change.

Sector Breakdown As of 30 Apr 2024

Sector Weight (%)
Technology Services 33.8
Electronic Technology 30.8
Retail Trade 11.7
Health Technology 5.2
Consumer Services 4.2
Consumer Non-Durables 3.1
Producer Manufacturing 2.8
Consumer Durables 2.4
Process Industries 1.4
Communications 1.2
Utilities 1.1
Other/Cash 2.3

Research

Three US Innovation Giants in Three Separate Industries

Read More

Beating Home Bias with US-Listed Companies

Read More

Introducing N100: The Top US 100 Innovators

Read More

Documents

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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