Nasdaq 100 Index

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Dictionary Says

Definition of 'Nasdaq 100 Index'

An index composed of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. This index includes companies from a broad range of  industries with the exception of  those that operate in the financial industry, such as banks and investment companies.
Investopedia Says

Investopedia explains 'Nasdaq 100 Index'

Individual investors are able to gain exposure to the Nasdaq 100 index by purchasing exchange-traded funds (ETFs) that are specifically designed to track its performance. The most popular of these ETFs is known as the QQQQ.

Related Definitions

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    The previous ticker symbol for the Nasdaq 100 Trust, an ETF that trades on the Nasdaq. This security offers broad exposure to the tech sector by tracking the Nasdaq 100 Index, which ...
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