Top 100 US tech & growth companies
The 100 biggest companies on the US tech-heavy Nasdaq exchange: Apple, Microsoft, Nvidia, Amazon, Meta, Google, Tesla. A more concentrated, more volatile, more growth-tilted bet than the S&P 500. Big winner in good years, brutal in tech downturns.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Concentrated bet on America's biggest tech winners
- Has historically beaten the S&P 500 over long periods
- Auto-reinvests dividends for compounding
- Can drop 30-50% in a bad year (2000, 2022)
- Very tech-heavy: falls hard when tech is out of favour
- Top 7 stocks dominate: limited diversification
About this fund
Concentrated US tech and growth exposure (Apple, Microsoft, Nvidia, etc.). High overlap with the top of CSPX. Accumulating share class.
Alternatives to CNDX
Other funds tracking NASDAQ-100, plus close substitutes. Cheapest first.
Available on Interactive Brokers
Low-cost access to Top 100 US tech & growth companies and 10,000+ funds worldwide.
Frequently asked questions
Is CNDX.L accumulating or distributing?
iShares NASDAQ 100 UCITS ETF (CNDX.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for CNDX.L?
CNDX.L has a total expense ratio (TER) of 0.30% per year. On a $10,000 holding that is roughly $30 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy CNDX.L on Interactive Brokers?
Yes. CNDX.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does CNDX.L invest in?
iShares NASDAQ 100 UCITS ETF (CNDX.L) tracks the NASDAQ-100. The 100 biggest companies on the US tech-heavy Nasdaq exchange: Apple, Microsoft, Nvidia, Amazon, Meta, Google, Tesla. You buy one fund and get the whole basket in a single trade.
Is CNDX.L a UCITS ETF, and where is it domiciled?
Yes, CNDX.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is CNDX.L?
On the TickerCompare 1 to 5 scale, CNDX.L is rated higher risk (4/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.