Betashares Nasdaq 100 ETF (NDQ) is up 30% in a year. Which stocks have turbocharged its rise?

Of course, Nvidia is one of them… but not all of them are tech stocks!

Businessman taking off in rocket-fuelled office chair

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The exchange-traded fund (ETF) Betashares Nasdaq 100 ETF (ASX: NDQ) allows Australian investors easy access and exposure to the biggest companies listed on the US-based NASDAQ stock exchange.

The ETF seeks to track the performance of the NASDAQ-100 Index (NASDAQ: NDX) before fees. This index represents the 100 largest stocks on the NASDAQ by market capitalisation.

When people think of the NASDAQ 100, they think US tech shares.

That's fair enough, particularly given the dominant presence of the Magnificent Seven, which are either tech developers themselves or use high tech in their businesses.

But in reality, only about half (49.7%) of the NASDAQ 100 is tech stocks. The rest are communications shares (16.4%), consumer discretionary (13.4%), consumer staples (5.9%), health care (5.9%), and others.

Over the past 12 months, the Betashares Nasdaq 100 ETF has risen by an impressive 30.19%. The NDQ ETF was trading at $47.68 per unit on Thursday, down 0.68% for the day.

So, which stocks have contributed most to another year of exceptional capital gains for the Betashares Nasdaq 100 ETF (ASX: NDQ)?

12 stocks pumping up the NDQ ETF

Nvidia Corp (NASDAQ: NVDA)

Shares in chip maker Nvidia have ripped 180.6% higher to US$135.34 over the past year.

It's no surprise that Nvidia is the fastest-growing stock within the Betashares Nasdaq 100 ETF.

Arm Holdings PLC-ADR (NASDAQ: ARM)

The Arm Holdings share price has shot 118.6% higher to US$133.37 over the past year.

Arm is a British semiconductor and software design company based in England.

Constellation Energy Corp (NASDAQ: CEG)

Stock in Constellation Energy has risen 102.6% to US$253.39 over the past 12 months.

Constellation is one of the largest energy suppliers in the United States.

Netflix Inc (NASDAQ: NFLX)

Shares in streaming company Netflix have also contributed strongly to the growth of the Betashares Nasdaq 100 ETF over the past year.

Netflix shares are up 83.1% to US$877.34.

Fortinet Inc (NASDAQ: FTNT)

Stock in cybersecurity services provider, Fortinet has risen 75% to US$94.06 per share.

Intuitive Surgical, Inc. (NASDAQ: ISRG)

The Intuitive Surgical share price is up 71% to US$535.55 per share.

Intuitive Surgical is a US biotech that develops and manufacturers clinical and surgical robotics.

Meta Platforms Inc (NASDAQ: META)

Stock in social media empire Meta has risen 70.1% to US$569.20 per share over the past 12 months.

Broadcom Inc (NASDAQ: AVGO)

Shares in Broadcom have ascended 68% to US$159.67 over the past year.

Broadcom is a US developer and manufacturer of semiconductor and infrastructure software products.

Booking Holdings (NASDAQ: BKNG)

Stock in Booking Holdings has lifted 66.8% to US$5,223.15 per share.

Booking is a US travel technology company and one of the priciest stocks, in dollar terms, within the NDQ ETF.

Crowdstrike Holdings Inc (NASDAQ: CRWD)

Stock in US cybersecurity company, Crowdstrike has risen by 65.5% to US$347.59 over the year.

Costco Wholesale Corporation (NASDAQ: COST)

The CostCo share price has ascended 61.6% to US$961.55 over the past year.

CostCo is a membership warehouse retailer that sells goods at wholesale prices.

Marvell Technology Inc (NASDAQ: MRVL)

Stock in Marvell Technology has risen 61.2% to US$90.10 per share over the past 12 months.

Marvell is a US semiconductor developer.

Price history snapshot: Betashares Nasdaq 100 ETF

The Betashares Nasdaq 100 ETF has risen by 125.4% over the past five years.

This compares to a 23.7% increase in the S&P/ASX 200 Index (ASX: XJO).

Created with Highcharts 11.4.3BetaShares Nasdaq 100 ETF + S&P/ASX 200 Price Return (AUD) PriceZoom1M3M6MYTD1Y5Y10YALL28 Nov 20195 Apr 2025Zoom ▾Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '250www.fool.com.au

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the 'five best ASX stocks' for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now...

See The 5 Stocks *Returns as of 6 March 2025

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. Motley Fool contributor Bronwyn Allen 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, Booking Holdings, Costco Wholesale, CrowdStrike, Fortinet, Intuitive Surgical, Meta Platforms, Netflix, and Nvidia. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Broadcom, Constellation Energy, and Marvell Technology. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Booking Holdings, CrowdStrike, Meta Platforms, Netflix, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on ETFs

Two people work with a digital map of the world, planning their logistics on a global scale.
ETFs

Own the world with these 3 global ASX ETFs

These funds could be top picks for investors that are overly concentrated on Australian shares.

Read more »

Three boys dressed as knights wield swords as they defend their castle wall.
ETFs

The VanEck Wide Moat ETF is down more than 15% from its peak. Is it time to load up?

This popular ETF doesn't go on sale too often.

Read more »

Two business workers at a desk comparing companies to analyse the best option for share price returns
Share Market News

ETF Investing: Should I buy VTS or A200?

Which fund could be the right fit for you?

Read more »

Man with a hand on his head looks at a red stock market chart showing a falling share price.
ETFs

Should I buy the NDQ ETF after Wall Street's crash?

Fear is taking over the share market but is this the best time to buy?

Read more »

Cubes placed on a Notebook with the letters "ETF" which stands for "Exchange traded funds".
ETFs

The rise of active ETFs: What are they?

Is it time to consider active ETFs?

Read more »

a business person checks his mobile phone outside a Wall Street office with an American flag and other business people in the background.
ETFs

I can own Apple, Nvidia, Microsoft, and Tesla with this simple ASX ETF

This is the simple way for investors to buy a slice of some of the biggest companies in the world.

Read more »

Man presses green buy button and red sell button on a graph.
ETFs

I would buy these excellent ASX ETFs after the market selloff

Now could be a good time to buy these funds. Let's find out why.

Read more »

Three people in a corporate office pour over a tablet, ready to invest.
ETFs

Warren Buffett doubles down on enthusiasm for Japan. How you can get on board with ASX ETFs.

Buffett looks set to invest more in Japan. Here's how you can do the same.

Read more »