AUST.AX vs. NDQ.AX
AUST.AX (BetaShares Managed Risk Australian Shares Complex ETF) and NDQ.AX (BetaShares NASDAQ 100 ETF) are both exchange-traded funds - AUST.AX is a Australia Equities fund actively managed by BetaShares, while NDQ.AX is a Nasdaq-100 fund tracking the NASDAQ-100 Index. AUST.AX is actively managed, while NDQ.AX is passively managed. Over the past 10 years, AUST.AX returned 3.49%/yr vs 21.65%/yr for NDQ.AX. At a 0.39 correlation, their price movements are largely independent. AUST.AX charges 0.49%/yr vs 0.48%/yr for NDQ.AX.
Performance
AUST.AX vs. NDQ.AX - Performance Comparison
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Returns By Period
In the year-to-date period, AUST.AX achieves a -0.08% return, which is significantly lower than NDQ.AX's 10.94% return. Over the past 10 years, AUST.AX has underperformed NDQ.AX with an annualized return of 3.49%, while NDQ.AX has yielded a comparatively higher 21.65% annualized return.
AUST.AX
- 1D
- 0.00%
- 1M
- -0.63%
- 6M
- 0.54%
- YTD
- -0.08%
- 1Y
- 1.97%
- 3Y*
- 5.03%
- 5Y*
- 1.92%
- 10Y*
- 3.49%
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%
AUST.AX vs. NDQ.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AUST.AX BetaShares Managed Risk Australian Shares Complex ETF | -0.08% | 4.29% | 5.47% | 4.56% | -6.74% | 12.28% | -2.64% | 17.64% | -6.77% | 7.12% |
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 AUST.AX and NDQ.AX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2015 | 0.39 |
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Return for Risk
AUST.AX vs. NDQ.AX — Risk / Return Rank
AUST.AX
NDQ.AX
AUST.AX vs. NDQ.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaShares Managed Risk Australian Shares Complex ETF (AUST.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.
| AUST.AX | NDQ.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.23 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 1.30 | -0.96 |
| Martin ratioReturn relative to average drawdown | 0.61 | 3.30 | -2.68 |
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Drawdowns
AUST.AX vs. NDQ.AX - Drawdown Comparison
The maximum AUST.AX drawdown since its inception was -20.24%, smaller than the maximum NDQ.AX drawdown of -30.79%. Use the drawdown chart below to compare losses from any high point for AUST.AX and NDQ.AX.
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Drawdown Indicators
| AUST.AX | NDQ.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.24% | -30.79% | +10.55% |
Max Drawdown (1Y)Largest decline over 1 year | -7.16% | -15.17% | +8.01% |
Max Drawdown (3Y)Largest decline over 3 years | -11.49% | -21.27% | +9.78% |
Max Drawdown (5Y)Largest decline over 5 years | -12.58% | -30.79% | +18.21% |
Max Drawdown (10Y)Largest decline over 10 years | -20.24% | -30.79% | +10.55% |
Current DrawdownCurrent decline from peak | -4.19% | -3.79% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -5.85% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 6.08% | -2.01% |
Volatility
AUST.AX vs. NDQ.AX - Volatility Comparison
The current volatility for BetaShares Managed Risk Australian Shares Complex ETF (AUST.AX) is 2.44%, while BetaShares NASDAQ 100 ETF (NDQ.AX) has a volatility of 5.30%. This indicates that AUST.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
| AUST.AX | NDQ.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 5.30% | -2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 11.69% | -3.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.33% | 15.12% | -4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.21% | 19.15% | -8.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.21% | 19.15% | -8.94% |
AUST.AX vs. NDQ.AX - Expense Ratio Comparison
AUST.AX has a 0.49% expense ratio, which is higher than NDQ.AX's 0.48% expense ratio.
Dividends
AUST.AX vs. NDQ.AX - Dividend Comparison
AUST.AX's dividend yield for the trailing twelve months is around 1.39%, less than NDQ.AX's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AUST.AX BetaShares Managed Risk Australian Shares Complex ETF | 1.39% | 1.18% | 1.58% | 1.60% | 2.16% | 2.37% | 3.13% | 3.02% | 1.62% | 1.09% | 0.42% |
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
AUST.AX and NDQ.AX have a correlation of 0.36, 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 0.49% for AUST.AX.
AUST.AX is categorized as Australia Equities, while NDQ.AX is Nasdaq-100. Their fees differ too: 0.49% for AUST.AX and 0.48% for NDQ.AX.
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