About the NASDAQ 100 Index
The NASDAQ 100 tracks the 100 largest non-financial companies on NASDAQ, heavily weighted toward technology. It uses modified market-cap weighting to limit concentration. Financial companies are excluded, providing pure tech and growth exposure.
Index Details
- Constituents: 100 companies
- Weighting: Modified market-cap
- Inception: January 31, 1985
- Rebalancing: Quarterly
Popular ETFs
- QQQ: Invesco QQQ Trust
- QQQM: Invesco NASDAQ 100
- Expense: 0.20% (QQQ)
Sector Breakdown
- Technology (~50-55%)
- Consumer Discretionary (~18-22%)
- Communication Services (~15-18%)
- Healthcare (~6-8%)
- Consumer Staples (~4-6%)
- Industrials & Other (~3-5%)
Historical Performance
- Returns: Often 2-4% above S&P 500 annually
- Volatility: ~20-25% (higher than S&P 500)
- Dividend yield: ~0.5-0.8%