Nasdaq 100 Index

What Does Nasdaq 100 Index Mean?
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 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.

Filed Under: ETFs, Stocks

Related Terms

Capitalization-Weighted Index
Exchange-Traded Fund - ETF
Index
Nasdaq
QQQQ
More Related Terms

Related Links

Index Investing: The Nasdaq Composite Index - Find out how this high growth potential index works and why.
Special Feature: Exchange-Traded Funds - Learn how ETFs allow you to enjoy the diversification benefits of a mutual fund with the flexibility of a stock.
Trading The QQQQ With In-The-Money Put Spreads - Even beginners may use this strategy to trade a bullish outlook.
Exploring Oscillators and Indicators: Market Indicators - Learn how to gauge the direction of major market indexes.
Getting To Know The Stock Exchanges - Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
What is indexed universal life insurance? -
Is it possible to invest in an index?
Exclusive: Learn the "House Odds" of Investing

Rate this Term: Your Rating: Overall Rating: Vote Now!