Nasdaq 100 Index

All about the Nasdaq 100 index, most often and worldwide used benchmark for stocks in technology sector.

The Nasdaq 100 index is a stock market index, which includes 100 of the largest non-financial companies listed on the NASDAQ stock exchange; the index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology.

Index Calculation

The Nasdaq 100 index is weighted by modified market capitalization of its constituents, with certain rules capping the influence of the largest components. Index also includes companies incorporated outside the US.

Selection Of Index Components

To be eligible for initial inclusion in the Nasdaq 100 index, a security must meet the following criteria: must be listed for at least 2 years exclusively on NASDAQ and average daily volume must be at least 200,000 shares. Issuer may not be in bankruptcy proceedings and only one class of company stocks is allowed to be included in index.

NASDAQ is reviewing the composition of the Nasdaq 100 index on a yearly basis and is adjusting the weightings of index components using a proprietary algorithm, if certain pre-established weight distribution requirements are not met.

Index Historical Chart

The base price of the index was initially set at 250 on January 31, 1985 and reset at 125 on December 31, 1993. Nasdaq 100 index reached all-time highs in Dot-Com Bubble in 2000, when index stand above the 4,700 level. The latest biggest correction of the index happened in global Financial Crisis of 2008, when index fell below the 2,000 level.

Nasdaq 100 Index

Index Sector Allocation

The Nasdaq 100 index has the following sector allocation (as of 5/20/2010):

  • Information Technology: 62.57%
  • Health Care: 15.48%
  • Consumer Discretionary: 15.00%
  • Industrials: 4.23%
  • Telecommunication Services: 1.57%
  • Consumer Staples: 0.79%
  • Materials: 0.36%

Index Components

The Nasdaq 100 index components shown in table below are sorted by weightings and valid as of 05/20/2010.

Country Company Symbol Sector Weight
US Apple Inc. AAPL Information Technology 18,14%
US Microsoft Corp. MSFT Information Technology 4,94%
US QUALCOMM Inc. QCOM Information Technology 4,35%
US Google Inc. GOOG Information Technology 4,25%
US Cisco Systems Inc. CSCO Information Technology 2,88%
US Oracle Corp. ORCL Information Technology 2,82%
US Intel Corp. INTC Information Technology 2,43%
Israel Teva Pharmaceutical Industries Ltd. (ADS) TEVA Health Care 2,42%
US Amazon.com Inc. AMZN Consumer Discretionary 2,13%
Canada Research In Motion Ltd. RIMM Information Technology 2,06%
US Gilead Sciences Inc. GILD Health Care 1,98%
US Starbucks Corp. SBUX Consumer Discretionary 1,56%
US Celgene Corp. CELG Health Care 1,53%
US Amgen Inc. AMGN Health Care 1,50%
US DIRECTV DTV Consumer Discretionary 1,47%
US Express Scripts Inc. ESRX Health Care 1,47%
US Comcast Corp. CMCSA Consumer Discretionary 1,46%
US eBay Inc. EBAY Information Technology 1,22%
China Baidu Inc. (ADS) BIDU Information Technology 1,10%
US News Corp. NWSA Consumer Discretionary 1,09%
US Genzyme Corp. GENZ Health Care 0,99%
US Adobe Systems Inc. ADBE Information Technology 0,98%
US Paccar Inc. PCAR Industrials 0,96%
US Bed Bath & Beyond Inc. BBBY Consumer Discretionary 0,92%
US Biogen Idec Inc. BIIB Health Care 0,87%
US Automatic Data Processing Inc. ADP Information Technology 0,87%
US Cognizant Technology Solutions Corp. CTSH Information Technology 0,82%
US Intuit Inc. INTU Information Technology 0,81%
US Costco Wholesale Corp. COST Consumer Staples 0,79%
US Broadcom Corp. BRCM Information Technology 0,77%
US Symantec Corp. SYMC Information Technology 0,75%
United Kingdom Vodafone Group PLC (ADS) VOD Telecommunication Services 0,74%
US Intuitive Surgical Inc. ISRG Health Care 0,73%
US Activision Blizzard Inc. ATVI Information Technology 0,71%
US NetApp Inc. NTAP Information Technology 0,69%
US Sears Holdings Corp. SHLD Consumer Discretionary 0,64%
Bermuda Marvell Technology Group Ltd. MRVL Information Technology 0,64%
US Staples Inc. SPLS Consumer Discretionary 0,63%
US Dell Inc. DELL Information Technology 0,62%
US Yahoo! Inc. YHOO Information Technology 0,61%
US Wynn Resorts Ltd. WYNN Consumer Discretionary 0,60%
US Paychex Inc. PAYX Information Technology 0,60%
US CA Inc. CA Information Technology 0,59%
US Citrix Systems Inc. CTXS Information Technology 0,58%
US Altera Corp. ALTR Information Technology 0,58%
US priceline.com Inc. PCLN Consumer Discretionary 0,57%
US C.H. Robinson Worldwide Inc. CHRW Industrials 0,57%
US SanDisk Corp. SNDK Information Technology 0,56%
US Mattel Inc. MAT Consumer Discretionary 0,54%
US Life Technologies Corp. LIFE Health Care 0,54%
US Fiserv Inc. FISV Information Technology 0,54%
US Apollo Group Inc. APOL Consumer Discretionary 0,53%
US Applied Materials Inc. AMAT Information Technology 0,53%
US Xilinx Inc. XLNX Information Technology 0,53%
Luxembourg Millicom International Cellular S.A. MICC Telecommunication Services 0,51%
US First Solar Inc. FSLR Industrials 0,49%
US Linear Technology Corp. LLTC Information Technology 0,49%
US Expeditors International of Washington Inc. EXPD Industrials 0,48%
Cayman Islands Seagate Technology Inc. STX Information Technology 0,48%
US BMC Software Inc. BMC Information Technology 0,46%
US Vertex Pharmaceuticals Inc. VRTX Health Care 0,45%
US Fastenal Co. FAST Industrials 0,42%
US Liberty Media Holding Corp. Interactive (Series A) LINTA Consumer Discretionary 0,41%
US NVIDIA Corp. NVDA Information Technology 0,41%
US Autodesk Inc. ADSK Information Technology 0,41%
US O'Reilly Automotive Inc. ORLY Consumer Discretionary 0,40%
US Cerner Corp. CERN Health Care 0,40%
US Ross Stores Inc. ROST Consumer Discretionary 0,39%
Israel Check Point Software Technologies Ltd. CHKP Information Technology 0,39%
US KLA-Tencor Corp. KLAC Information Technology 0,38%
Cayman Islands Garmin Ltd. GRMN Consumer Discretionary 0,37%
US Expedia Inc. EXPE Consumer Discretionary 0,37%
India Infosys Technologies Ltd. (ADS) INFY Information Technology 0,37%
US Mylan Inc. MYL Health Care 0,36%
US Sigma-Aldrich Corp. SIAL Materials 0,36%
US Urban Outfitters Inc. URBN Consumer Discretionary 0,35%
Ireland Warner Chilcott Plc WCRX Health Care 0,35%
Singapore Flextronics International Ltd. FLEX Information Technology 0,34%
US Electronic Arts Inc. ERTS Information Technology 0,33%
US NII Holdings Inc. NIHD Telecommunication Services 0,33%
US Maxim Integrated Products Inc. MXIM Information Technology 0,32%
US Stericycle Inc. SRCL Industrials 0,31%
US Virgin Media Inc. VMED Consumer Discretionary 0,30%
US Henry Schein Inc. HSIC Health Care 0,30%
US Lam Research Corp. LRCX Information Technology 0,30%
US Qiagen N.V. QGEN Health Care 0,29%
US VeriSign Inc. VRSN Information Technology 0,29%
US Illumina Inc. ILMN Health Care 0,28%
US Dentsply International Inc. XRAY Health Care 0,28%
US Cintas Corp. CTAS Industrials 0,28%
US Joy Global Inc. JOYG Industrials 0,28%
US DISH Network Corp. DISH Consumer Discretionary 0,27%
US Flir Systems Inc. FLIR Information Technology 0,27%
US Cephalon Inc. CEPH Health Care 0,26%
US J.B. Hunt Transport Services Inc. JBHT Industrials 0,25%
US Microchip Technology Inc. MCHP Information Technology 0,25%
US Hologic Inc. HOLX Health Care 0,24%
US Patterson Cos. Inc. PDCO Health Care 0,21%
Switzerland Foster Wheeler AG FWLT Industrials 0,19%
Switzerland Logitech International S.A. LOGI Information Technology 0,14%

Differences from NASDAQ Composite index

The Nasdaq 100 index is frequently confused with the Nasdaq Composite Index, which is often referred to simply as "The Nasdaq"; it includes stocks of every company that is listed on NASDAQ stock market, all together more than 3,000.

Written by:

 

Do you find this content useful? Like! Tweet! Recommend! Share!

 

 

 

Back from Nasdaq 100 Index to Dow Jones Index

Back from Nasdaq 100 Index to Best Online Trading Site for Beginners home page

 

Latest Articles and Contributions
Stocks-For-Beginners.com Survey
Build Yourself a Perfect Portfolio

Building an investment portfolio from scratch or optimizing existing one can be quite a challenging job.

Our 'PORTFOLIO BUILDER' is a type of money management software that was designed to help you optimize you investment portfolio, according to your unique saving goals, yields expectations, risk tolerance and time horizon.

Try It Now!

Important! We only accept limited FREE trials per month. You had better run the portfolio optimizer now. It can save you a lot of money.

eToro
Dukascopy
GoldSilver.com
Easy Forex
Plus500
AVA FX
Alpari UK
Forex Club