Global X Ultra Long Nasdaq 100 Complex ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among equity funds would cost $405 (0.81% a year), so LNAS is $108 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 1 Sept 2026 · 4 securities · top 10 = — · holdings coverage: partial
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.0 | −7.6 | −18.0 | 43.2 | 27.8 | −5.3 | −14.3 | 7.6 | 6.4 | −11.2 | 16.5YTD | ||
| 2025 | 3.3 | −12.5 | −17.6 | 1.1 | 22.9 | 14.3 | 9.7 | −1.2 | 8.9 | 12.9 | −8.3 | 0.2 | 29.7 |
| 2024 | 4.4 | 6.5 | 4.2 | −7.6 | 8.2 | 17.6 | −11.9 | 2.0 | 4.9 | 2.9 | 5.3 | 2.0 | 41.9 |
| 2023 | 20.0 | 2.3 | 17.5 | 1.6 | 21.3 | 9.9 | 11.0 | −5.2 | −12.1 | −8.8 | 29.4 | 11.9 | 138.5 |
| 2022 | −26.0 | −11.7 | 22.4 | −27.5 | −13.5 | −22.6 | 27.9 | −9.9 | −23.7 | 4.7 | −3.1 | −14.0 | −70.3 |
| 2021 | 2.1 | −5.8 | 4.1 | 17.8 | −4.2 | 13.9 | 3.4 | 13.1 | −11.5 | 11.9 | 11.0 | −0.5 | 64.6 |
| 2020 | 26.3 | −17.3 | −0.9 | 21.5 | 11.2 | 40.0 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
LNAS questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Global X Ultra Long Nasdaq 100 Complex ETF?
Global X Ultra Long Nasdaq 100 Complex ETF holds 4 securities.
Which ETFs does LNAS double up with most?
No other ASX fund shares more than 10% of its holdings with LNAS, but its returns move most closely with Betashares NASDAQ 100 ETF - Currency Hedged ETF (HNDQ) (correlation 0.99), iShares S&P 500 AUD Hedged ETF (IHVV) (correlation 0.94) and Betashares Geared US Equities Currency Hedged Complex ETF (GGUS) (correlation 0.93). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is Global X Ultra Long Nasdaq 100 Complex ETF managed – active or passive?
Global X Ultra Long Nasdaq 100 Complex ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
It is also geared: it borrows to magnify returns, so gains and losses are larger than the market's.
What will I pay in fees for LNAS?
LNAS charges a management fee of 1.00% a year, about $100 for every $10,000 invested. Only 10% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among equity funds, the median is 0.79%.
Lower-cost funds with a similar focus include Betashares Geared US Equities Currency Hedged Complex ETF (GGUS) at 0.80% and Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ) at 0.50%.
If you would rather have a manager choose the investments, active options such as Betashares US Equities Strong Bear Currency Hedged Complex ETF (BBUS) at 1.32% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.13% for LNAS.
Does Global X Ultra Long Nasdaq 100 Complex ETF follow a theme?
No. Global X Ultra Long Nasdaq 100 Complex ETF is a broad equity fund: it aims to cover a wide slice of its market (United States) rather than one theme or sector.
What is under the hood of LNAS?
The issuer doesn't publish LNAS's holdings in a form we can read. Its website and fact sheet list the full portfolio.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for LNAS's index are in the issuer's PDS.
How well has Global X Ultra Long Nasdaq 100 Complex ETF performed?
Based on its category, Global X Ultra Long Nasdaq 100 Complex ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 18.2% over 1 year (median 1.4%; ranked 2 of 13), 42.9% a year over 3 years (median −12.3% a year; ranked 1 of 7) and 11.7% a year over 5 years (median −8.0% a year; ranked 2 of 7). The medians and rankings compare it with equity funds. Since listing in 2020 it has returned 22.0% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for LNAS; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 1.00% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.