Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
Last (Price)
10.24
Change
▼ -0.10 (-0.97)
Bid / Ask
10.17 - 10.25
Volume
510,158
Turnover
5,242,890
Open
10.54
Day Range
9.91 - 10.67
VWAP
10.28
Prev Close
10.34
Last Trade
04/11 4:10pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$46.3M
OCT 2026
Total cost ratio
1.00%
per year
Distributions
Annually
Since inception
6.3 yrs
JUL 2020
Legal name
Global X Ultra Long Nasdaq 100 Complex ETF
Issuer
Global X Management (AUS) Ltd
Type
Exchange-Traded Fund
Structure
Open Ended Investment Company
Management style
Index fund
Morningstar category
Equity North America
Category index
MSCI USA NR AUD
Benchmark
NASDAQ 100 TR USD
ETF net assets
$46.3M
Units on issue
5.5M
Management fee
1.00% p.a.
Domicile
Australia
Base currency
AUD
ISIN
AU0000087728
Inception
10 JUL 2020
Listed
13 JUL 2020
Index provider
NASDAQ Index
Objective and strategy
The Fund will attempt to meet its investment objective primarily by investing its assets in a portfolio of long futures contracts to achieve geared exposure to the Index within the Target Range. The Fund may also hold securities, cash and cash equivalents from time to time.
Asset allocation · 30 SEP 2026
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 216.43%Non-US equity 5.68%
Asset class
Net %
Long %
Short %
Equity
222.11
222.11
0.00
Bond
0.00
0.00
0.00
Cash
-122.11
95.67
217.78
Other
0.00
0.00
0.00
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 11.16%Sensitive 78.51%Defensive 10.33%
Technology
60.23%
Communication Services
12.57%
Consumer Cyclical
10.05%
Consumer Defensive
5.55%
Industrials
5.26%
Healthcare
3.78%
Utilities
1.01%
Basic Materials
0.92%
Energy
0.44%
Financial Services
0.19%
Real Estate
0.00%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 99.41%Emerging markets 0.59%
North America
98.35%
Europe Developed
0.88%
Latin America
0.37%
Asia Emerging
0.22%
United Kingdom
0.19%
Europe Emerging
0.00%
Africa / Middle East
0.00%
Japan
0.00%
Australasia
0.00%
Asia Developed
0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
United States
97.44%
Canada
0.91%
Netherlands
0.88%
Brazil
0.37%
China
0.22%
United Kingdom
0.19%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
Style
Large Growth
Size score
299
SmallMidLarge
Value-growth score
225
ValueBlendGrowth
Economic moat
Wide 66%Narrow 23%None 12%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
Giant
54.36%
Large
32.88%
Mid
12.76%
Small
0.00%
Micro
0.00%
Giant 54%Large 33%Mid 13%
Average market cap
$1,114.19B
Number of holdings
3
Shares held
0
Portfolio statistics · 23 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
Price / earnings
28.34
Price / book
8.90
Price / sales
6.42
Price / cash flow
22.73
Dividend yield
0.53%
Assets in top 10
222.11%
Return on equity
38.03%
Net margin
27.15%
Earnings growth (3 yr)
21.09%
Top holdings · top 10 = 100.00% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
Holding
% Weight
First bought
Market value
Currency
Units held
Sector
Country
E-mini Nasdaq 100 Future Dec 26 NQZ26
228.41
—
191.2M
USD
30,760
—
United States
Cash Offsets For Shorts & Derivatives
-138.59
—
-116.0M
—
0
—
—
Usd
-85.01
—
-71.2M
—
—
—
—
Usd
84.78
—
71.0M
—
—
—
—
Aud
10.41
—
8.7M
—
—
—
—
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV)Market price
1M
3.7
3M
-1.2
6M
66.9
YTD
43.4
1Y
46.6
3Y
52.5
5Y
16.7
Period
Fund (NAV) %
Market price %
Before fees %
Rank in category
1 month
3.66
3.25
3.75
10 / 37
3 months
-1.18
-0.85
-0.93
73 / 37
6 months
66.90
73.70
67.73
1 / 37
Year to date
43.39
37.83
44.46
1 / 34
1 year
46.56
43.77
48.03
1 / 33
3 years p.a.
52.53
50.96
54.06
1 / 23
5 years p.a.
16.71
15.34
17.88
7 / 17
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
TotalCapital
2021
64.8
2022
-70.3
2023
142.0
2024
39.6
2025
31.6
Year
Total %
Capital %
Rank in category
2025
31.62
25.30
1 / 30
2024
39.57
13.58
9 / 26
2023
142.01
120.41
1 / 19
2022
-70.34
-70.13
100 / 18
2021
64.83
15.96
1 / 18
Financial year returns
Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.
FY22
-50.4
FY23
55.4
FY24
56.6
FY25
13.5
FY26
68.3
Financial year
Total %
Financial year to date
-1.59
Year to 30 JUN 2026
68.33
Year to 30 JUN 2025
13.53
Year to 30 JUN 2024
56.64
Year to 30 JUN 2023
55.39
Year to 30 JUN 2022
-50.37
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
1 year
3 years
5 years
10 years
Alpha
22.37
8.49
-3.75
—
Beta
3.97
2.64
3.04
—
R-squared
59.37
48.45
57.76
—
Standard deviation
59.53
47.04
55.34
—
Sharpe ratio
0.80
1.08
0.55
—
Sortino ratio
1.51
2.18
0.46
—
Tracking error
47.12
35.67
40.91
—
Information ratio
0.67
0.84
0.09
—
Upside capture %
406.20
261.88
277.38
—
Downside capture %
393.35
308.29
397.61
—
Maximum drawdown %
-22.71
-24.67
-69.55
—
Measured against MSCI USA NR AUD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
178.6
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
Tracking volatility
7.241
Market impact cost %
0.352
Best quarter
48.82% · MAR 2023
Worst quarter
-49.62% · JUN 2022
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
Management fees and costs
1.00% p.a.
Performance fee costs
0.00% p.a.
Transaction costs
0.00% p.a.
Total cost ratio
1.00% p.a.
Total cost ratio (last FY)
1.00% p.a.
Buy / sell spread
0.02% / 0.02%
Performance fee
Yes
PDS dated
8 JUL 2024
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
Latest distribution
4.8918
Ex Date
2 JUL 2026
Record Date
3 JUL 2026
Pay Date
16 JUL 2026
NAV at ex date
12.05
Paid this year
4.8918
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.5
2023
2.5
2022
0.6
2021
0.0
2020
6.8
Year
Per unit ($)
2024
0.5406
2023
2.5023
2022
0.6247
2021
0.0400
2020
6.8283
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
Ex Date
Per unit ($)
2 JUL 2026
4.8918
30 JUN 2025
0.5406
28 JUN 2024
2.5023
30 JUN 2023
0.6247
30 JUN 2022
0.0400
30 JUN 2021
6.8283
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
High
ESG risk score
17.24
NegligibleLowMediumHighSevere
Category average 18.85
Rank in category
10th percentile of 3,985 funds
Environmental risk
4.98
Social risk
7.79
Governance risk
4.31
Portfolio covered
99.4%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
Negligible
0.87%
Low
79.19%
Medium
18.02%
High
0.54%
Severe
1.38%
8.83% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
3.59
LowMediumHighSevere
Category average 6.40
Carbon risk
Low Risk
Rank in category
31st percentile of 36 funds
Fossil fuel involvement
2.11%
Category average
4.42%
Low Carbon Designation
Yes
Portfolio covered
98.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
JLJessica Leung
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
Number of managers
1
Average tenure
3.7 years
Longest tenure
3.7 years
Longest serving
Jessica Leung · since 1 FEB 2023
Most recent appointment
Jessica Leung · since 1 FEB 2023
Managed since
1 FEB 2023
Other funds managed
5
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
The Global X Ultra Long Nasdaq 100 Complex ETF (ASX: LNAS) provides geared exposure to the Nasdaq 100, aiming to amplify movements in the index and therefore offering significantly more upside, and downside, than an unleveraged ETF such as NDQ. With a 1.00% annual management fee and around A$80m in assets, it is a smaller, higher-risk product generally better suited to tactical short-term traders/investors comfortable with leverage and greater volatility.
The LNAS ETF, the 3rd ASX-traded ETF considered today, is a bullish ETF for leveraged exposure to the tech-based NASDAQ; the ETF is also hedged. Fees are 1.0% pa, while dividends are paid once a year in June, but were omitted in 2024.
The LNAS ETF, traded on the ASX, is a bullish ETF for leveraged exposure to tech-based NASDAQ; the ETF is hedged, so local investors have no exposure to moves in the AUDUSD. Fees are 1.0% pa, while dividends are paid once a year in June, where appropriate, but were omitted in 2024.
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