Nasdaq 100

Nasdaq 100 — Nasdaq

Benchmark index tracking 100 companies listed on Nasdaq.

Current value
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Last updated
Ticker
^NDX
ISIN code
US6311011026
Exchange
Nasdaq
Currency
USD
Constituents
100

About the Nasdaq 100

Nasdaq 100 is the benchmark stock index of Nasdaq, tracking 100 companies. It is weighted by market capitalisation, with caps applied to limit the weight of the largest stocks.

Characteristics

Index provider
Nasdaq
Base value
125 points
Methodology
Modified market-capitalisation weighted, with per-stock caps
Trading hours
09:30 – 16:00 (New York)
Base date
01/02/1985
Last update
Continuously during market hours

Price history

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Historical performance

Period Performance
Today
1 month
1 year
5 years

Calculated live from Yahoo Finance closing prices (unofficial public proxy) — may be temporarily unavailable or delayed.

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Index composition

102Companies
~100 %Total weight
9Sectors covered
# Company Ticker Sector Weight

Approximate weightings, for educational purposes. The Nasdaq 100 tracks the 100 largest non-financial companies listed on the Nasdaq, reviewed annually in December. Official, up-to-date composition on nasdaq.com.

Created in 1985 Base of 125 points (February 1, 1985) 10-year annualized return: about 17.5% (versus ~11% for the S&P 500)

What is the Nasdaq 100?

The Nasdaq 100 tracks the 100 largest non-financial companies listed on the Nasdaq exchange, weighted by free-float market capitalization. It is reviewed every year in December: in 2025, Walmart, Alnylam Pharmaceuticals, Ferrovial, Insmed, Monolithic Power Systems, Seagate and Western Digital joined the index, while Biogen, CDW, GlobalFoundries, Lululemon, ON Semiconductor and The Trade Desk were removed.

How do I invest in the Nasdaq 100?

The best-known vehicle is the Invesco QQQ ETF, which tracks the index and holds more than $600 billion in global assets. Investors can also gain exposure through Nasdaq-100 futures for more experienced traders, or by buying its constituent stocks directly — keeping its heavy technology concentration in mind.

Which sectors dominate the Nasdaq 100?

Technology accounts for about 60% of the index's weight, led by Apple, Microsoft, Nvidia and Broadcom. In 2025, these heavyweights alone contributed roughly 88% of the index's total return. Consumer discretionary (Amazon, Tesla, Costco) and communication services (Meta, Alphabet, Netflix) make up most of the rest, with healthcare and industrials remaining a minority.

What are the risks and limitations of the Nasdaq 100?

The very heavy technology concentration that drives the Nasdaq 100's returns is also its main risk: a correction in a handful of mega-caps (Apple, Microsoft, Nvidia) is enough to drag the whole index down, as happened when the dot-com bubble burst. The index also excludes financials by design, making it less representative of the broader U.S. economy and more sensitive to tech cycles and interest rates, whose rises tend to hurt growth stocks more than value stocks.

How has the Nasdaq 100 performed during past crises?

The dot-com crash (2000-2002) was the hardest hit: the index fell for three consecutive years (-36% in 2000, -33% in 2001, -37% in 2002), wiping out most of the speculative surge of the late 1990s. In 2008 it lost nearly 42% for the year. It weathered the Covid-19 crash better than the broader market, actually ending 2020 up more than 47%, driven by tech stocks that benefited from lockdowns — before falling nearly 33% in 2022 during the Fed's monetary tightening.

Price and chart data fetched live from Yahoo Finance via an unofficial public proxy: it may be delayed, temporarily unavailable or inaccurate. Composition and weightings are provided for educational purposes and are not a substitute for an official source. Nothing on this page constitutes investment advice.