Is JNDQ a good ETF?
JNDQ is the BetaShares Nasdaq Next Gen 100 ETF from BetaShares. It tracks the Nasdaq Next Generation 100 Index. We classify it under US, Growth, and Tech. With about $14 million in assets it is a relatively small fund (worth checking spreads and liquidity before buying). Listed on the ASX since 2024-10-24 (almost 2 years ago).
On a total-return basis, JNDQ has delivered 21.27% a year over 1 year (ranked 39th of 308 ETFs we track). Its strongest showing is over 1 year, where it sits in the top 13% of all ETFs we track.
The management fee of 0.48% is on the higher side. That's cheaper than the typical 0.5% for similar ETFs. If cost is your priority, FANG (0.35%) and TECH (0.45%) cover similar ground for less. It pays a healthy 5.24% yield, attractive if you want regular income. Bear in mind distributions are taxed each year at your marginal rate, so a high yield is less tax-efficient for higher earners and during the accumulation phase.
Portfolio turnover is low at about 15% a year — it trades only a small slice of its holdings each year, so trading costs and tax on realised gains stay modest — typical of a passive index strategy.
Strengths
- Top-13% returns over 1 year (39th of 308 ETFs we track).
- Pays a useful 5.24% income yield.
Things to watch
- Cheaper alternatives exist: FANG and TECH.
What JNDQ's categories mean for you
How each category this ETF belongs to tends to behave across market cycles.
US-listed companies — the world's deepest, most innovation-heavy market and home to the mega-cap tech names. Has led global returns for over a decade.
- Market regime
- Strong leadership has left valuations high and the index heavily concentrated in a handful of tech giants. Unhedged funds also rise and fall with the AUD/USD exchange rate.
- In a portfolio
- A legitimate core holding for global exposure, but be aware you are buying after a long run of outperformance and at elevated valuations.
Companies expected to grow earnings quickly, which typically reinvest profits rather than pay dividends. Low yield, higher volatility, valuation-driven.
- Market regime
- Shines when interest rates are low or falling and risk appetite is high. Hit hardest when rates rise, because more of their value sits in distant future earnings.
- In a portfolio
- Long-horizon growth engine for investors who can stomach deeper drawdowns and little income along the way.
Concentrated in technology and high-growth innovation. The highest long-run growth potential on offer, paired with the deepest drawdowns.
- Market regime
- Very sensitive to interest rates and sentiment: powers ahead when money is cheap and optimism is high, and falls hardest when rates rise or risk appetite sours. Low dividends, high volatility.
- In a portfolio
- A long-horizon, high-conviction holding for investors with a strong stomach. Size the position so a 40-50% drawdown wouldn't derail your plan.
General information only, generated from the fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.