AUDS.AX vs. NDQ.AX
AUDS.AX (BetaShares Strong Australian Dollar Complex ETF) and NDQ.AX (BetaShares NASDAQ 100 ETF) are both exchange-traded funds - AUDS.AX is a Leveraged Currency fund actively managed by BetaShares, while NDQ.AX is a Nasdaq-100 fund tracking the NASDAQ-100 Index. AUDS.AX is actively managed, while NDQ.AX is passively managed. Over the past 5 years, AUDS.AX returned -6.17%/yr vs 16.34%/yr for NDQ.AX. At a 0.01 correlation, their price movements are largely independent. AUDS.AX charges 1.38%/yr vs 0.48%/yr for NDQ.AX.
Performance
AUDS.AX vs. NDQ.AX - Performance Comparison
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Returns By Period
In the year-to-date period, AUDS.AX achieves a 12.18% return, which is significantly higher than NDQ.AX's 10.94% return.
AUDS.AX
- 1D
- 0.63%
- 1M
- -2.00%
- 6M
- 12.18%
- YTD
- 12.18%
- 1Y
- 18.27%
- 3Y*
- 0.82%
- 5Y*
- -6.17%
- 10Y*
- —
NDQ.AX
- 1D
- -1.45%
- 1M
- -1.46%
- 6M
- 9.73%
- YTD
- 10.94%
- 1Y
- 20.18%
- 3Y*
- 22.74%
- 5Y*
- 16.34%
- 10Y*
- 21.65%
AUDS.AX vs. NDQ.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AUDS.AX BetaShares Strong Australian Dollar Complex ETF | 12.18% | 17.80% | -21.57% | -2.54% | -21.29% | -17.41% | 10.39% | -5.64% | -22.18% | 15.90% |
NDQ.AX BetaShares NASDAQ 100 ETF | 10.94% | 11.35% | 38.19% | 53.22% | -28.42% | 35.46% | 34.50% | 39.66% | 8.97% | 21.59% |
Correlation
The correlation between AUDS.AX and NDQ.AX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 2016 | 0.01 |
The correlation between AUDS.AX and NDQ.AX shifts across timeframes, from 0.01 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AUDS.AX vs. NDQ.AX — Risk / Return Rank
AUDS.AX
NDQ.AX
AUDS.AX vs. NDQ.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaShares Strong Australian Dollar Complex ETF (AUDS.AX) and BetaShares NASDAQ 100 ETF (NDQ.AX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AUDS.AX | NDQ.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 1.30 | +0.38 |
| Martin ratioReturn relative to average drawdown | 4.29 | 3.30 | +0.99 |
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Drawdowns
AUDS.AX vs. NDQ.AX - Drawdown Comparison
The maximum AUDS.AX drawdown since its inception was -67.00%, which is greater than NDQ.AX's maximum drawdown of -30.79%. Use the drawdown chart below to compare losses from any high point for AUDS.AX and NDQ.AX.
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Drawdown Indicators
| AUDS.AX | NDQ.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.00% | -30.79% | -36.21% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -15.17% | +4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -29.91% | -21.27% | -8.64% |
Max Drawdown (5Y)Largest decline over 5 years | -50.71% | -30.79% | -19.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.79% | — |
Current DrawdownCurrent decline from peak | -52.02% | -3.79% | -48.23% |
Average DrawdownAverage peak-to-trough decline | -39.52% | -5.85% | -33.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 6.08% | -1.83% |
Volatility
AUDS.AX vs. NDQ.AX - Volatility Comparison
The current volatility for BetaShares Strong Australian Dollar Complex ETF (AUDS.AX) is 4.45%, while BetaShares NASDAQ 100 ETF (NDQ.AX) has a volatility of 5.30%. This indicates that AUDS.AX experiences smaller price fluctuations and is considered to be less risky than NDQ.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AUDS.AX | NDQ.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 5.30% | -0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 16.73% | 11.69% | +5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.92% | 15.12% | +4.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.06% | 19.15% | +4.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.52% | 19.15% | +5.37% |
AUDS.AX vs. NDQ.AX - Expense Ratio Comparison
AUDS.AX has a 1.38% expense ratio, which is higher than NDQ.AX's 0.48% expense ratio.
Dividends
AUDS.AX vs. NDQ.AX - Dividend Comparison
AUDS.AX's dividend yield for the trailing twelve months is around 8.59%, more than NDQ.AX's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AUDS.AX BetaShares Strong Australian Dollar Complex ETF | 8.59% | 0.00% | 3.28% | 0.00% | 0.00% | 5.45% | 10.12% | 0.00% | 0.00% | 0.00% | 0.00% |
NDQ.AX BetaShares NASDAQ 100 ETF | 1.47% | 0.93% | 1.81% | 2.09% | 3.36% | 3.33% | 2.47% | 2.22% | 0.37% | 0.25% | 0.40% |
Frequently Asked Questions
AUDS.AX and NDQ.AX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NDQ.AX is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NDQ.AX is cheaper with a 0.48% expense ratio, compared with 1.38% for AUDS.AX.
AUDS.AX is categorized as Leveraged Currency, while NDQ.AX is Nasdaq-100. Their fees differ too: 1.38% for AUDS.AX and 0.48% for NDQ.AX.
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