Nasdaq-100
Template:Short description Template:Use mdy dates Template:Redirect Template:Infobox Index
The Nasdaq-100 (NDX<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the Nasdaq Financial-100.
HistoryEdit
The Nasdaq-100 was launched on January 31, 1985, by the Nasdaq.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> It created two indices: the Nasdaq-100, which consists of industrial, technology, retail, telecommunication, biotechnology, health care, transportation, media and service companies, and the Nasdaq Financial-100, which consists of banking companies, insurance firms, brokerage firms, and mortgage loan companies.
The base price of the index was initially set at 250, but when it closed near 800 on December 31, 1993, the base was reset at 125 the following trading day, leaving the halved Nasdaq-100 price below that of the more commonly known Nasdaq Composite. The first annual adjustments were made in 1993 in advance of options on the index that would trade at the Chicago Board Options Exchange in 1994. Foreign companies were first admitted to the Nasdaq-100 in January 1998, but had higher standards to meet before they could be added. Those standards were relaxed in 2002, while standards for domestic firms were raised, ensuring that all companies met the same standards.
Investing in the Nasdaq-100Edit
The Invesco QQQ, an exchange-traded fund (ETF) sponsored and overseen since March 21, 2007, by Invesco, trades under the ticker Nasdaq: QQQ. It was formerly called Nasdaq-100 Trust Series 1. On December 1, 2004, it was moved from the American Stock Exchange, where it had the symbol QQQ, to the Nasdaq, and given the new ticker symbol QQQQ, sometimes called the "quad Qs" by traders. On March 23, 2011, Nasdaq changed its symbol back to QQQ.<ref>Template:Cite news</ref> Retail buy and hold investors might prefer to purchase Invesco's similar Nasdaq: QQQM, or "QQQ Mini" which has a lower fee structure, but lacks the liquidity that high-frequency traders need in the traditional QQQ product.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
QQQ is one of the most actively traded ETFs in the United States.<ref>Template:Cite news</ref>
The Nasdaq-100 is often abbreviated as NDX, NDQ, NAS100, or US100, in the derivatives markets. Its corresponding futures contracts are traded on the Chicago Mercantile Exchange. The regular futures are denoted by the Reuters Instrument Code ND, and the smaller E-mini version uses the code NQ. Both are among the most heavily traded futures at the exchange.<ref>Template:Cite news</ref>
PerformanceEdit
Price history and milestonesEdit
The index set highs above the 4,700 level at the peak of the dot-com bubble in 2000, but fell 78% during the stock market downturn of 2002.<ref>Template:Cite news</ref>
After a gradual 5-year recovery to an intraday high of 2,239.51 on October 31, 2007, the highest reached since February 16, 2002, the index corrected below the 2,000 level in early 2008 amid the late-2000s recession, the United States housing bubble and the 2008 financial crisis. Panic focusing on the failure of the investment banking industry culminated in a loss of more than 10% on September 29, 2008, subsequently plunging the index firmly into a bear market. The Nasdaq-100, with much of the broader market, experienced a limit down open on October 24 and reached a 6-year intraday low of 1,018 on November 20, 2008.Template:Citation needed
Amid quantitative easing (QE) from the Federal Reserve and optimism that the 2008 financial crisis was ending, the index embarked on a volatile four-year climb higher, closing above 3,000 on May 15, 2013, for the first time since November 15, 2000. By October 18, 2013, with GOOG passing $1,000 per share for the first time, the index had made a closing high of 3,353.88 and intraday high of 3,355.63, its highest levels since the 2000 United States elections and more than triple the 2008 low.
Record valuesEdit
Category | All-Time Highs<ref>{{#invoke:citation/CS1|citation | CitationClass=web
}}</ref> | |
---|---|---|---|
Closing | 22,175.60 | Wednesday, February 19, 2025 | |
Intraday | 22,222.61 | Wednesday, February 19, 2025 |
List of 1000-point milestones by number of trading daysEdit
Milestone<ref name=nasdaqmilestones>Template:Cite news</ref> (closing) |
Date of Record (closing)<ref name=nasdaqmilestones/> | Trading Days<ref name=nasdaqmilestones/> |
---|---|---|
1,000 | July 8, 1997 | 3,143 |
2,000 | January 11, 1999 | 381 |
3,000 | November 18, 1999 | 217 |
4,000 | February 8, 2000 | 55 |
5,000 | January 6, 2017 | 4,255 |
6,000 | September 13, 2017 | 172 |
7,000 | January 26, 2018 | 93 |
8,000 | July 24, 2019 | 374 |
9,000 | January 13, 2020 | 119 |
10,000 | June 10, 2020 | 103 |
11,000 | August 3, 2020 | 37 |
12,000 | August 31, 2020 | 20 |
13,000 | January 8, 2021 | 90 |
14,000 | April 15, 2021 | 66 |
15,000 | July 23, 2021 | 69 |
16,000 | November 3, 2021 | 72 |
17,000 | January 19, 2024 | 554 |
18,000 | February 22, 2024 | 23 |
19,000 | June 5, 2024 | 72 |
20,000 | July 2, 2024 | 18 |
21,000 | November 7, 2024 | 90 |
22,000 | December 16, 2024 | 26 |
Annual returnsEdit
The following table shows the annual development of the Nasdaq-100 since 1985.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Year | Closing level | Change in Index in Points |
Change in Index in % |
---|---|---|---|
1985 | 132.29 | ||
1986 | 141.41 | 9.12 | 6.89 |
1987 | 156.25 | 14.84 | 10.49 |
1988 | 177.41 | 21.16 | 13.54 |
1989 | 223.84 | 46.43 | 26.17 |
1990 | 200.53 | −23.31 | −10.41 |
1991 | 330.86 | 130.33 | 64.99 |
1992 | 360.19 | 29.33 | 8.86 |
1993 | 398.28 | 38.09 | 10.57 |
1994 | 404.27 | 5.99 | 1.50 |
1995 | 576.23 | 171.96 | 42.54 |
1996 | 821.36 | 245.13 | 42.54 |
1997 | 990.80 | 169.44 | 20.63 |
1998 | 1,836.01 | 845.21 | 85.31 |
1999 | 3,707.83 | 1,871.81 | 101.95 |
2000 | 2,341.70 | −1,366.13 | −36.84 |
2001 | 1,577.05 | −764.65 | −32.65 |
2002 | 984.36 | −592.69 | −37.58 |
2003 | 1,467.92 | 483.56 | 49.12 |
2004 | 1,621.12 | 153.20 | 10.44 |
2005 | 1,645.20 | 24.08 | 1.49 |
2006 | 1,756.90 | 111.70 | 6.79 |
2007 | 2,084.93 | 328.03 | 18.67 |
2008 | 1,211.65 | −873.28 | −41.89 |
2009 | 1,860.31 | 648.66 | 53.54 |
2010 | 2,217.86 | 357.55 | 19.22 |
2011 | 2,277.83 | 59.97 | 2.70 |
2012 | 2,660.93 | 383.10 | 16.82 |
2013 | 3,592.00 | 931.07 | 34.99 |
2014 | 4,236.28 | 644.28 | 17.94 |
2015 | 4,593.27 | 356.99 | 8.43 |
2016 | 4,863.62 | 270.35 | 5.89 |
2017 | 6,396.42 | 1,532.80 | 31.52 |
2018 | 6,329.96 | −66.46 | −1.04 |
2019 | 8,733.07 | 2,403.11 | 37.96 |
2020 | 12,888.28 | 4,155.21 | 47.58 |
2021 | 16,320.08 | 3,431.80 | 26.63 |
2022 | 10,939.76 | −5,380.32 | −32.97 |
2023 | 16,825.93 | 5,886.17 | 53.81 |
2024 | 21,012.17 | 4,186.24 | 24.88 |
Invesco QQQ Trust, Series 1 ETF PerformanceEdit
The Invesco QQQ ETF has been averaging an annual return rate of 10.09% since its inception back in March 1999. A $1,000 invested in QQQ January 2015 was worth a total of $5,431.98 10 years later at January 18, 2025, assuming the dividends were reinvested with DRIP. That's an annual return rate of 18.44% with a total return of 443.20%.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Selection criteriaEdit
The Nasdaq has refined a series of stringent standards which companies must meet to be indexed. Those standards include:
- Being listed exclusively on Nasdaq in either the Global Select or Global Market tiers.
- Being publicly offered on an established American market for at least three months.
- Having average daily volume of 200,000 shares.
- Being current in regards to quarterly and annual reports.
- Not being in bankruptcy proceedings.
Additionally, since 2014, companies with multiple classes of stock are allowed to have multiple classes included in the index, provided they meet Nasdaq's criteria. Prior to 2014, companies were limited to one class of stock in the index (usually the one with the larger market capitalization).Template:Citation needed
Yearly rebalancing and re-rankingEdit
While the composition of the Nasdaq-100 changes in the case of delisting (such as transferring to another exchange, mergers and acquisitions, or declaring bankruptcy, and in a few cases, being delisted by Nasdaq for failing to meet listing requirements), the index is reconstituted once a year, in December, when Nasdaq reviews its components, compares them with those not in the index, re-ranks all eligible companies and makes the appropriate adjustments.Template:Citation needed
As of June 2024, all companies are ranked by the size of their market values as of the last trading day of November.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Prior to June 2024, there were two tools the Nasdaq used to determine the market values of companies for the annual review:
- Share Prices as of the last trading day in October.
- Publicly announced share totals as of the last trading day of November.
To determine the new composition of the index: The top 75 components that meet Nasdaq's standards are automatically included in the index as of the end of the third Friday in December. Those components that are in the top 100 of all eligible companies at the annual review are retained in the index. Those ranked 101 to 125 are retained, provided that they were in the top 100 of the previous year's annual review. If they fail to move into the top 100 in the following year's review, they are dropped. Those not ranked in the top 125 are dropped regardless of the previous year's rank.
The index also drops a company if, at the end of two consecutive months, it fails to have an index weighting of at least one-tenth of a percent. This can occur at any time.Template:Citation needed Companies that are dropped are replaced by those with the largest market value that are not already in the index. Anticipation of these changes can lead to changes in the stock prices of affected companies.Template:Citation needed
The index publicly announces all changes, regardless of when they occur, via press releases at least five business days before the change takes place.
Differences from Nasdaq Composite indexEdit
The Nasdaq-100 is frequently confused with the Nasdaq Composite Index. The latter index (often referred to simply as the "Nasdaq") includes the stock of every company that is listed on Nasdaq (more than 3,000 altogether).Template:Citation needed
The Nasdaq-100 is a modified capitalization-weighted index. This particular methodology was created in 1998 in advance of the creation of the Nasdaq-100 Index Trust, which holds portions of all Nasdaq-100 firms. The new methodology allowed Nasdaq to reduce the influence of the largest companies and to allow for more diversification. However, the weights of the stocks were not changed after that, which led to more problems. In May 2011, Nasdaq did a major rebalance of the index to bring it closer to market-cap weighting.Template:Citation needed
The index is rebalanced quarterly only if:
- One company is worth 24% of the index
- Companies with a weighting of at least 4.5% make up 48% or more of the index
The index is rebalanced annually, after the quarterly rebalancing, only if:
- One company is worth 15% of the index
- The five largest companies by market capitalizations have weights of 40% or more of the index<ref>{{#invoke:citation/CS1|citation
|CitationClass=web }}</ref>
Differences from other indicesEdit
In addition to its almost complete lack of financial companies, the Nasdaq-100 includes seven companies incorporated outside the United States. Although the S&P 500 Index includes non-U.S. companies, the Dow Jones Industrial Average has never included foreign companies.Template:Citation needed
As of May 2025, the index's eight companies incorporated in foreign countries are as follows:
- Canada - Shopify
- Cayman Islands (headquartered in Ireland, previously China) - PDD Holdings
- Ireland - Linde plc
- The Netherlands - ASML Holding, NXP Semiconductors
- United Kingdom - Arm Holdings, AstraZeneca, Coca-Cola Europacific Partners
Additionally, the Nasdaq-100 is also the only index of the three that has a regularly scheduled re-ranking of its index each year (in December), ensuring that the largest non-financial companies on Nasdaq are accurately included.Template:Citation needed
Related indicesEdit
In 2006, Nasdaq created a "farm team" index, the Nasdaq Q-50, representing the next fifty stocks in line to enter the Nasdaq-100. With some exceptions, most stocks that are added to the index come up through the Q-50. In 2011, Nasdaq created the NASDAQ-500 to track the 500 largest stocks on Nasdaq, and the Nasdaq-400, tracking those stocks not included in the Nasdaq-100.Template:Citation needed
Nasdaq has also divided the 100 into two distinct sub-indices; the Nasdaq-100 Tech follows those components who service the tech sector, and the Nasdaq-100 Ex-Tech, which follows those components that are not considered tech companies. The latter index includes noted e-commerce companies Amazon.com and eBay, which are classified as retailers.Template:Citation needed
ComponentsEdit
Company | Ticker | GICS Sector | GICS Sub-Industry |
---|---|---|---|
Adobe Inc. | ADBE | Information Technology | Application Software |
Advanced Micro Devices | AMD | Information Technology | Semiconductors |
Airbnb | ABNB | Consumer Discretionary | Hotels, Resorts & Cruise Lines |
Alphabet Inc. (Class A) | GOOGL | Communication Services | Interactive Media & Services |
Alphabet Inc. (Class C) | GOOG | Communication Services | Interactive Media & Services |
Amazon | AMZN | Consumer Discretionary | Broadline Retail |
American Electric Power | AEP | Utilities | Electric Utilities |
Amgen | AMGN | Health Care | Biotechnology |
Analog Devices | ADI | Information Technology | Semiconductors |
Ansys | ANSS | Information Technology | Application Software |
Apple Inc. | AAPL | Information Technology | Technology Hardware, Storage & Peripherals |
Applied Materials | AMAT | Information Technology | Semiconductor Equipment |
AppLovin | APP | Information Technology | Application Software |
Arm Holdings | ARM | Information Technology | Semiconductors |
ASML Holding | ASML | Information Technology | Semiconductor Equipment |
AstraZeneca | AZN | Health Care | Pharmaceuticals |
Atlassian | TEAM | Information Technology | Application Software |
Autodesk | ADSK | Information Technology | Application Software |
Automatic Data Processing | ADP | Industrials | Human Resource & Employment Services |
Axon Enterprise | AXON | Industrials | Aerospace & Defense |
Baker Hughes | BKR | Energy | Oil & Gas Equipment & Services |
Biogen | BIIB | Health Care | Biotechnology |
Booking Holdings | BKNG | Consumer Discretionary | Hotels, Resorts & Cruise Lines |
Broadcom | AVGO | Information Technology | Semiconductors |
Cadence Design Systems | CDNS | Information Technology | Application Software |
CDW Corporation | CDW | Information Technology | Technology Distributors |
Charter Communications | CHTR | Communication Services | Cable & Satellite |
Cintas | CTAS | Industrials | Diversified Support Services |
Cisco | CSCO | Information Technology | Communications Equipment |
Coca-Cola Europacific Partners | CCEP | Consumer Staples | Soft Drinks & Non-alcoholic Beverages |
Cognizant | CTSH | Information Technology | IT Consulting & Other Services |
Comcast | CMCSA | Communication Services | Cable & Satellite |
Constellation Energy | CEG | Utilities | Electric Utilities |
Copart | CPRT | Industrials | Diversified Support Services |
CoStar Group | CSGP | Real Estate | Real Estate Services |
Costco | COST | Consumer Staples | Consumer Staples Merchandise Retail |
CrowdStrike | CRWD | Information Technology | Systems Software |
CSX Corporation | CSX | Industrials | Rail Transportation |
Datadog | DDOG | Information Technology | Application Software |
DexCom | DXCM | Health Care | Health Care Equipment |
Diamondback Energy | FANG | Energy | Oil & Gas Exploration & Production |
DoorDash | DASH | Consumer Discretionary | Specialized Consumer Services |
Electronic Arts | EA | Communication Services | Interactive Home Entertainment |
Exelon | EXC | Utilities | Electric Utilities |
Fastenal | FAST | Industrials | Trading Companies & Distributors |
Fortinet | FTNT | Information Technology | Systems Software |
GE HealthCare | GEHC | Health Care | Health Care Equipment |
Gilead Sciences | GILD | Health Care | Biotechnology |
GlobalFoundries | GFS | Information Technology | Semiconductors |
Honeywell | HON | Industrials | Industrial Conglomerates |
Idexx Laboratories | IDXX | Health Care | Health Care Equipment |
Intel | INTC | Information Technology | Semiconductors |
Intuit | INTU | Information Technology | Application Software |
Intuitive Surgical | ISRG | Health Care | Health Care Equipment |
Keurig Dr Pepper | KDP | Consumer Staples | Soft Drinks & Non-alcoholic Beverages |
KLA Corporation | KLAC | Information Technology | Semiconductor Equipment |
Kraft Heinz | KHC | Consumer Staples | Packaged Foods & Meats |
Lam Research | LRCX | Information Technology | Semiconductor Equipment |
Linde plc | LIN | Materials | Industrial Gases |
Lululemon | LULU | Consumer Discretionary | Apparel, Accessories & Luxury Goods |
Marriott International | MAR | Consumer Discretionary | Hotels, Resorts & Cruise Lines |
Marvell Technology | MRVL | Information Technology | Application Software |
Mercado Libre | MELI | Consumer Discretionary | Broadline Retail |
Meta Platforms | META | Communication Services | Interactive Media & Services |
Microchip Technology | MCHP | Information Technology | Semiconductors |
Micron Technology | MU | Information Technology | Semiconductors |
Microsoft | MSFT | Information Technology | Systems Software |
MicroStrategy | MSTR | Information Technology | Application Software |
Mondelez International | MDLZ | Consumer Staples | Packaged Foods & Meats |
Monster Beverage | MNST | Consumer Staples | Soft Drinks & Non-alcoholic Beverages |
Netflix, Inc. | NFLX | Communication Services | Movies & Entertainment |
Nvidia | NVDA | Information Technology | Semiconductors |
NXP Semiconductors | NXPI | Information Technology | Semiconductors |
O'Reilly Automotive | ORLY | Consumer Discretionary | Automotive Retail |
Old Dominion Freight Line | ODFL | Industrials | Cargo Ground Transportation |
Onsemi | ON | Information Technology | Semiconductors |
Paccar | PCAR | Industrials | Construction Machinery & Heavy Transportation Equipment |
Palantir Technologies | PLTR | Information Technology | Application Software |
Palo Alto Networks | PANW | Information Technology | Systems Software |
Paychex | PAYX | Industrials | Human Resource & Employment Services |
PayPal | PYPL | Financials | Transaction & Payment Processing Services |
PDD Holdings | PDD | Consumer Discretionary | Broadline Retail |
PepsiCo | PEP | Consumer Staples | Soft Drinks & Non-alcoholic Beverages |
Qualcomm | QCOM | Information Technology | Semiconductors |
Regeneron Pharmaceuticals | REGN | Health Care | Biotechnology |
Roper Technologies | ROP | Information Technology | Electronic Equipment & Instruments |
Ross Stores | ROST | Consumer Discretionary | Apparel Retail |
Shopify | SHOP | Information Technology | Application Software |
Starbucks | SBUX | Consumer Discretionary | Restaurants |
Synopsys | SNPS | Information Technology | Application Software |
Take-Two Interactive | TTWO | Communication Services | Interactive Home Entertainment |
T-Mobile US | TMUS | Communication Services | Wireless Telecommunication Services |
Tesla, Inc. | TSLA | Consumer Discretionary | Automobile Manufacturers |
Texas Instruments | TXN | Information Technology | Semiconductors |
Trade Desk (The) | TTD | Communication Services | Advertising |
Verisk Analytics | VRSK | Industrials | Research & Consulting Services |
Vertex Pharmaceuticals | VRTX | Health Care | Biotechnology |
Warner Bros. Discovery | WBD | Communication Services | Broadcasting |
Workday, Inc. | WDAY | Information Technology | Application Software |
Xcel Energy | XEL | Utilities | Multi-Utilities |
Zscaler | ZS | Information Technology | Application Software |
This table is current as of the open of trading on May 19, 2025. An up-to-date list is available in the External links section.
Historical componentsEdit
As of December 2024, 518 companies have been components of the index. Of these, only four, Apple, Costco (through its merger in 1993 with Price Club, with Costco, as a separate entity, not becoming a component until at least 1989), Intel and PACCAR, have been components, continuously, since the first dissemination of the index in 1985. Two other current components, KLA Corporation and Micron Technology, were also components when the index started, but have been removed from the index over time for various reasons.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Regular changesEdit
Date | Added | Removed | Reason | |||
---|---|---|---|---|---|---|
Ticker | Security | Ticker | Security | |||
May 19, 2025 | SHOP | Shopify | MDB | MongoDB | citation | CitationClass=web
}}</ref> |
December 23, 2024 | PLTR | Palantir Technologies | ILMN | Ilumina | Annual index reconstitution<ref name=":0">Template:Cite news</ref> | |
December 23, 2024 | MSTR | MicroStrategy | MRNA | Moderna | Annual index reconstitution<ref name=":0" /> | |
December 23, 2024 | AXON | Axon Enterprise | SMCI | Supermicro | Annual index reconstitution<ref name=":0" /> | |
November 18, 2024 | APP | AppLovin | DLTR | Dollar Tree | Dollar Tree did not meet the minimum monthly weight requirements.<ref>Template:Cite news</ref> | |
July 22, 2024 | SMCI | Supermicro | WBA | Walgreens Boots Alliance | WBA did not meet the minimum monthly weight requirements.<ref>Template:Cite news</ref> | |
June 24, 2024 | ARM | Arm Holdings | SIRI | Sirius XM | Sirius XM did not meet the minimum monthly weight requirements.<ref>Template:Cite news</ref><ref>Template:Cite news</ref> | |
March 18, 2024 | LIN | Linde | SPLK | Splunk | Splunk was acquired by Cisco.<ref>Template:Cite news</ref> | |
December 18, 2023 | CDW | CDW | ALGN | Align Technology | Annual index reconstitution<ref name=":1">Template:Cite news</ref> | |
December 18, 2023 | CCEP | Coca-Cola Europacific Partners | EBAY | EBay | Annual index reconstitution<ref name=":1" /> | |
December 18, 2023 | DASH | DoorDash | ENPH | Enphase Energy | Annual index reconstitution<ref name=":1" /> | |
December 18, 2023 | MDB | MongoDB | JD | JD.com | Annual index reconstitution<ref name=":1" /> | |
December 18, 2023 | ROP | Roper Technologies | LCID | Lucid Group | Annual index reconstitution<ref name=":1" /> | |
December 18, 2023 | SPLK | Splunk | ZM | Zoom Video Communications | Annual index reconstitution<ref name=":1" /> | |
December 14, 2023 | TTWO | Take-Two Interactive | SGEN | Seagen Inc. | Seagen merged with Pfizer.<ref>Template:Cite news</ref> | |
July 17, 2023 | TTD | The Trade Desk | ATVI | Activision Blizzard | Activision Blizzard was acquired by Microsoft.<ref>{{#invoke:citation/CS1|citation | CitationClass=web
}}</ref> |
June 20, 2023 | ON | Onsemi | RIVN | Rivian Automotive | citation | CitationClass=web
}}</ref> |
June 7, 2023 | GEHC | GE HealthCare | FI | Fiserv | Fiserv transferred its listing from NASDAQ to the NYSE.<ref>Template:Cite news</ref> | |
December 19, 2022 | CSGP | CoStar Group | VRSN | VeriSign | citation | CitationClass=web
}}</ref> |
December 19, 2022 | RIVN | Rivian Automotive | SWKS | Skyworks | Annual index reconstitution<ref name=":2" /> | |
December 19, 2022 | WBD | Warner Bros. Discovery | SPLK | Splunk | Annual index reconstitution<ref name=":2" /> | |
December 19, 2022 | GFS | GlobalFoundries | BIDU | Baidu | Annual index reconstitution<ref name=":2" /> | |
December 19, 2022 | BKR | Baker Hughes | MTCH | Match Group | Annual index reconstitution<ref name=":2" /> | |
December 19, 2022 | FANG | Diamondback Energy | DOCU | DocuSign | Annual index reconstitution<ref name=":2" /> | |
November 21, 2022 | ENPH | Enphase Energy | OKTA | Okta | Okta did not meet the minimum monthly weight requirements.<ref>Template:Cite news</ref> | |
February 22, 2022 | AZN | AstraZeneca | XLNX | Xilinx | Xilinx was acquired by AMD.<ref>{{#invoke:citation/CS1|citation | CitationClass=web
}}</ref> |
February 2, 2022 | CEG | Constellation Energy | Component member Exelon spun off Constellation Energy.<ref>{{#invoke:citation/CS1|citation | CitationClass=web
}}</ref> | ||
January 24, 2022 | ODFL | Old Dominion Freight Line | PTON | Peloton | citation | CitationClass=web
}}</ref> |
December 20, 2021 | ABNB | Airbnb | CDW | CDW | Annual index reconstitution<ref name=":3">Template:Cite news</ref> | |
December 20, 2021 | FTNT | Fortinet | FOXA | Fox Corporation | Annual index reconstitution<ref name=":3" /> | |
December 20, 2021 | FOX | Fox Corporation | Annual index reconstitution<ref name=":3" /> | |||
December 20, 2021 | PANW | Palo Alto Networks | CERN | Cerner | Annual index reconstitution. Cerner was acquired by Oracle Corporation and rebranded as Oracle Health.<ref name=":3" /> | |
December 20, 2021 | LCID | Lucid Group | CHKP | Check Point | Annual index reconstitution<ref name=":3" /> | |
December 20, 2021 | ZS | Zscaler | TCOM | Trip.com | Annual index reconstitution<ref name=":3" /> | |
December 20, 2021 | DDOG | Datadog | INCY | Incyte | Annual index reconstitution<ref name=":3" /> | |
August 26, 2021 | CRWD | Crowdstrike | MXIM | Maxim Integrated Products | Maxim Integrated Products was acquired by Analog Devices.<ref>Template:Cite press release</ref> | |
July 21, 2021 | HON | Honeywell | ALXN | Alexion Pharmaceuticals | Alexion Pharmaceuticals was acquired by AstraZeneca.<ref>Template:Cite press release</ref> | |
December 21, 2020 | AEP | American Electric Power | BMRN | BioMarin Pharmaceutical | Annual index reconstitution.<ref name=":4">Template:Cite press release</ref> | |
December 21, 2020 | MRVL | Marvell Technology | CTXS | Citrix Systems | Annual index reconstitution.<ref name=":4" /> | |
December 21, 2020 | MTCH | Match Group | EXPE | Expedia | Annual index reconstitution.<ref name=":4" /> | |
December 21, 2020 | OKTA | Okta | LBTYA | Liberty Global | Annual index reconstitution.<ref name=":4" /> | |
December 21, 2020 | LBTYK | Liberty Global | Annual index reconstitution.<ref name=":4" /> | |||
December 21, 2020 | PTON | Peloton | TTWO | Take-Two Interactive | Annual index reconstitution.<ref name=":4" /> | |
December 21, 2020 | TEAM | Atlassian | ULTA | Ulta Beauty | Annual index reconstitution.<ref name=":4" /> | |
October 19, 2020 | KDP | Keurig Dr Pepper | WDC | Western Digital | Western Digital did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
August 24, 2020 | PDD | Pinduoduo | NTAP | NetApp | NetApp did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
July 20, 2020 | MRNA | Moderna | CSGP | CoStar Group | CoStar did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
June 22, 2020 | DOCU | DocuSign | UAL | United Airlines Holdings | United Airlines did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
April 30, 2020 | ZM | Zoom Video Communications | WTW | Willis Towers Watson | WTW did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
April 20, 2020 | DXCM | Dexcom | AAL | American Airlines | American Airlines did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
December 23, 2019 | ANSS | Ansys | HAS | Hasbro | Annual index reconstitution.<ref name=":5">Template:Cite press release</ref> | |
December 23, 2019 | CDW | CDW | HSIC | Henry Schein | Annual index reconstitution.<ref name=":5" /> | |
December 23, 2019 | CPRT | Copart | JBHT | J.B. Hunt | Annual index reconstitution.<ref name=":5" /> | |
December 23, 2019 | CSGP | CoStar Group | MYL | Mylan | Annual index reconstitution.<ref name=":5" /> | |
December 23, 2019 | SGEN | Seattle Genetics | NLOK | NortonLifeLock | Annual index reconstitution.<ref name=":5" /> | |
December 23, 2019 | SPLK | Splunk | WYNN | Wynn Resorts | Annual index reconstitution.<ref name=":5" /> | |
November 21, 2019 | EXC | Exelon | CELG | Celgene | Celgene was acquired by Bristol-Myers Squibb.<ref>Template:Cite press release</ref> | |
March 19, 2019 | TCFCA | 21st Century Fox (Class A shares) | FOXA | Fox Corporation (Class A shares) | Two classes of stock of Fox Corporation replaced the two classes of stock of 21st Century Fox, which was acquired by The Walt Disney Company.<ref name=":6">{{#invoke:citation/CS1|citation | CitationClass=web
}}</ref> |
March 19, 2019 | TCFCB | 21st Century Fox (Class B shares) | FOX | Fox Corporation (Class B shares) | Two classes of stock of Fox Corporation replaced the two classes of stock of 21st Century Fox, which was acquired by The Walt Disney Company.<ref name=":6" /> | |
December 24, 2018 | AMD | Advanced Micro Devices | ESRX | Express Scripts | Annual index reconstitution.<ref name=":7">Template:Cite press release</ref> | |
December 24, 2018 | LULU | lululemon Athletica | HOLX | Hologic | Annual index reconstitution.<ref name=":7" /> | |
December 24, 2018 | NTAP | NetApp | QRTEA | Qurate Retail | Annual index reconstitution.<ref name=":7" /> | |
December 24, 2018 | UAL | United Continental Holdings | SHPG | Shire PLC | Annual index reconstitution.<ref name=":7" /> | |
December 24, 2018 | VRSN | Verisign | STX | Seagate Technology | Annual index reconstitution.<ref name=":7" /> | |
December 24, 2018 | WLTW | Willis Towers Watson | VOD | Vodafone | Annual index reconstitution.<ref name=":7" /> | |
November 19, 2018 | XEL | Xcel Energy | XRAY | Dentsply Sirona | Dentsply Sirona did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
November 5, 2018 | NXPI | NXP Semiconductors | CA | CA Inc. | NXP Semiconductors rejoined the index following its failed acquisition by Qualcomm. CA Inc. merged with Broadcom. | |
July 23, 2018 | PEP | PepsiCo | DISH | Dish Network | Dish Network did not meet the minimum monthly weight requirement.<ref>Template:Cite press release</ref> | |
December 18, 2017 | ASML | ASML Holding | AKAM | Akamai Technologies | Annual index reconstitution.<ref name=":8">Template:Cite press release</ref> | |
December 18, 2017 | CDNS | Cadence Design Systems | DISCA | Discovery Communications Series A | Annual index reconstitution.<ref name=":8" /> | |
DISCK | Discovery Communications Series C | Annual index reconstitution.<ref name=":8" /> | ||||
December 18, 2017 | SNPS | Synopsys | NCLH | Norwegian Cruise Line Holdings | Annual index reconstitution.<ref name=":8" />
Norwegian Cruise Line was dropped due to transferring its listing from NASDAQ to the NYSE.<ref>{{#invoke:citation/CS1|citation |
CitationClass=web
}}</ref> |
December 18, 2017 | TTWO | Take-Two Interactive | TSCO | Tractor Supply | Annual index reconstitution.<ref name=":8" /> | |
December 18, 2017 | WDAY | Workday | VIAB | Viacom | Annual index reconstitution.<ref name=":8" /> | |
October 23, 2017 | ALGN | Align Technology | MAT | Mattel | Mattel did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
June 19, 2017 | MELI | MercadoLibre | YHOO | Yahoo! Inc. | Yahoo! Inc. was acquired by Verizon and subsequently converted to a closed-end fund.<ref>Template:Cite press release</ref> | |
April 24, 2017 | WYNN | Wynn Resorts | TRIP | TripAdvisor | TripAdvisor did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> | |
March 20, 2017 | IDXX | Idexx Laboratories | SBAC | SBA Communications | SBA converted to a REIT, rendering it ineligible for inclusion.<ref name=":9">Template:Cite press release</ref> | |
February 7, 2017 | JBHT | J.B. Hunt | NXPI | NXP Semiconductors | <ref>Template:Cite press release</ref> | |
December 19, 2016 | CTAS | Cintas | BBBY | Bed Bath & Beyond | Annual index reconstitution.<ref name=":10">Template:Cite press release</ref> | |
December 19, 2016 | HAS | Hasbro | NTAP | NetApp | Annual index reconstitution.<ref name=":10" /> | |
December 19, 2016 | HOLX | Hologic | SRCL | Stericycle | Annual index reconstitution.<ref name=":10" /> | |
December 19, 2016 | KLAC | KLA-Tencor | WFM | Whole Foods Market | Annual index reconstitution.<ref name=":10" /> | |
October 19, 2016 | SHPG | Shire PLC | LLTC | Linear Technology | citation | CitationClass=web
}}</ref> |
July 18, 2016 | MCHP | Microchip Technology | NDOI | Endo International | citation | CitationClass=web
}}</ref> |
June 20, 2016 | XRAY | Dentsply Sirona | LMCA | Liberty Media | Liberty Media did not meet the minimum monthly weight requirements.<ref name=":11">Template:Cite press release</ref> | |
June 20, 2016 | LMCK | Liberty Media | Liberty Media did not meet the minimum monthly weight requirements.<ref name=":11" /> | |||
June 20, 2016 | BATRA | Liberty Media | Liberty Media did not meet the minimum monthly weight requirements.<ref name=":11" /> | |||
June 20, 2016 | BATRK | Liberty Media | Liberty Media did not meet the minimum monthly weight requirements.<ref name=":11" /> | |||
April 18, 2016 | BATRA | Liberty Media | Liberty Media established two tracking stocks to follow the performance of its investment in the Atlanta Braves.<ref name=":12">{{#invoke:citation/CS1|citation | CitationClass=web
}}</ref> | ||
April 18, 2016 | BATRK | Liberty Media | Liberty Media established two tracking stocks to follow the performance of its investment in the Atlanta Braves.<ref name=":12" /> | |||
March 16, 2016 | NTES | NetEase | SNDK | SanDisk | SanDisk was acquired by Western Digital.<ref>Template:Cite press release</ref> | |
February 16, 2016 | CSX | CSX Corporation | KLAC | KLA-Tencor | <ref>Template:Cite press release</ref> | |
February 1, 2016 | AVGO | Broadcom | BRCM | Broadcom | Avago Technologies changed its name to Broadcom.<ref>{{#invoke:citation/CS1|citation | CitationClass=web
}}</ref> Former ticker BRCM retired. |
Changes in 2015Edit
On March 23, Walgreens Boots Alliance replaced Equinix in the index. Equinix converted into a real estate investment trust, making it ineligible for inclusion in the Nasdaq-100, but it did gain eligibility for the Nasdaq Financial-100.<ref>Template:Cite press release</ref> On July 1, Liberty Interactive created two new tracking stocks, tracking the company's interests in Latin America. Both tracking stocks were added to the index the same day.Template:Citation needed On July 2, Kraft Foods merged with Heinz, becoming Kraft Heinz. Catamaran Corporation was removed from the index after the close of trading on July 23, after going private. JD.com replaced it on July 29. DirecTV was removed from the index on July 24 due to its acquisition by AT&T and replaced by BioMarin Pharmaceutical on July 27. Sigma-Aldrich was removed on July 31, after being acquired by Merck KGaA. Skyworks Solutions replaced Sigma-Aldrich on August 3.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Altera was removed on October 7 as a result of its merger with Intel. Incyte replaced Altera's on that date.<ref>Template:Cite press release</ref> PayPal was added to the index on November 11, as Broadcom was in the process of merging with Avago.<ref>Template:Cite press release</ref>
Nasdaq announced on December 11 that seven companies would be replaced in the index on December 21 due to annual re-ranking: The index added Ctrip, Endo International, Expedia Group, Maxim Integrated Products, Norwegian Cruise Line, T-Mobile US and Ulta Beauty, replacing C. H. Robinson Worldwide, Expeditors International, Garmin, Keurig Green Mountain, Staples, VimpelCom and Wynn Resorts. Two Liberty Media (Liberty Global plc) tracking stocks (LILA) and (LILAK) were removed from the index, leaving 106 separate components.<ref>Template:Cite press release</ref>
Changes in 2014Edit
On April 3, 2014, the Class C common stock of Google was added to the index as a result of Google's stock split. This meant the index had 101 components. Later in 2014, additional classes of stock from other index companies were added to the index, bringing the number of constituent securities in the index to 107.Template:Citation needed On December 12, 2014, Nasdaq announced that American Airlines Group, Electronic Arts and Lam Research would be added to the index, effective December 22, replacing Expedia Group, F5 Networks and Maxim Integrated Products.<ref>Template:Cite press release</ref>
Changes in 2013Edit
On January 15, 2013, Starz replaced Liberty Media after a spinoff.Template:Citation needed On March 18, 2013, Kraft Foods replaced Starz, due to failing the minimum monthly weight requirements.<ref>Template:Cite press release</ref> On June 5, 2013, Liberty Media replaced Virgin Media after the companies merged. On June 6, 2013, Netflix replaced Perrigo, which had transferred to the NYSE. On July 15, 2013, Tesla Motors replaced Oracle, which transferred to the NYSE. On July 25, Charter Communications replaced BMC Software, which was being taken private.<ref>Template:Cite press release</ref> On August 22, Green Mountain Coffee Roasters returned to the index, replacing Life Technologies.<ref>Template:Cite press release</ref> On October 29, VimpelCom replaced Dell after the company was taken private. On November 18, Marriott International was added to the index, replacing Randgold Resources, which did not meet the minimum monthly weight requirements.<ref>Template:Cite press release </ref>
On December 23, 2013, 10 changes to the index took place. The five companies joining the index were DISH Network Corporation, Illumina, NXP Semiconductors, Tractor Supply Company and TripAdvisor.<ref>Template:Cite press release</ref> The five companies that were dropped were Fossil Group, Microchip Technology, Nuance Communications, Sears Holdings and Dentsply.
Changes in 2012Edit
On April 23, 2012, Texas Instruments replaced First Solar, which did not meet the minimum monthly weight requirements. On May 30, 2012, Viacom became a component of the index, replacing Teva Pharmaceutical Industries, which transferred to the NYSE. On July 23, 2012, Kraft Foods, now known as Mondelez, became a component of the index, replacing Ctrip, which did not meet the minimum monthly weight requirements. Kraft Foods was the fourth component of the Nasdaq-100 to also be included in the Dow Jones Industrial Average, joining Cisco, Intel and Microsoft, but was removed from the DJIA when it subsequently split into two companies. On December 12, 2012, Facebook, Inc was added to the index, replacing Infosys, which transferred its listing to the NYSE. On December 24, 2012, 20 changes to the index took place. The ten companies joining the index were Analog Devices, Catamaran Corporation, Discovery Communications, Equinix, Liberty Global, Liberty Media, Regeneron Pharmaceuticals, SBA Communications, Verisk Analytics and Western Digital. The ten companies being dropped were Apollo Group, Electronic Arts, Flextronics, Green Mountain Coffee Roasters, Lam Research, Marvell Technology Group, Netflix, Research in Motion, VeriSign and Warner Chilcott.<ref>Template:Cite news</ref>
Changes in 2011Edit
On April 4, 2011, Alexion Pharmaceuticals replaced Genzyme prior to the market open.<ref>Template:Cite press release</ref> On May 27, 2011, Green Mountain Coffee Roasters replaced Millicom International Cellular after Millicom (MICC) withdrew its Nasdaq listing.<ref>Template:Cite press release</ref> On July 15, 2011, Sirius XM Radio replaced Cephalon in the index,<ref>Template:Cite news</ref> and on December 6, 2011, Perrigo joined the index, replacing Joy Global, which transferred its listing to the NYSE.<ref>Template:Cite press release</ref> Perrigo had been a member of the index in the 1990s, being dropped in 1996. On December 19, 2011, five companies joined the Nasdaq-100 index due to the annual reranking of the index: Avago Technologies, Fossil Group, Monster Beverage, Nuance Communications and Randgold Resources, replacing FLIR Systems, Illumina, NII Holdings, Qiagen and Urban Outfitters.<ref>Template:Cite press release</ref>
Changes in 2010Edit
On December 20, 2010, seven companies were added to the Nasdaq-100 index: F5 Networks, Akamai Technologies, Netflix, Micron Technology, Whole Foods Market, Ctrip and Dollar Tree, replacing Cintas, Dish Network, Foster Wheeler, Hologic, J. B. Hunt, Logitech and Patterson Companies.<ref>Template:Cite press release</ref> These were the only changes made to the index that year and the fewest since 1997.Template:Citation needed
Changes in 2009Edit
On January 20, 2009, News Corporation was added to the index, replacing Focus Media Holding, which did not meet the minimum monthly weight requirements.<ref>Template:Cite press release</ref> On July 17, 2009, Cerner replaced Sun Microsystems after Sun Microsystems was acquired by Oracle. On October 29, 2009, Priceline.com replaced Juniper Networks after Juniper transferred its listing to the NYSE.<ref>Template:Cite press release</ref> On December 21, 2009, seven stocks joined the Nasdaq-100 index before the market open: Vodafone, Mattel, BMC Software, Mylan, Qiagen, SanDisk and Virgin Media. These stocks replaced Akamai Technologies, Hansen Natural, IAC/InterActiveCorp, Liberty Global, Pharmaceutical Product Development, Ryanair and Steel Dynamics.<ref>Template:Cite news</ref>
Changes in 2008Edit
DirecTV replaced BEA Systems on April 30, 2008<ref>Template:Cite press release</ref> CA Technologies replaced Tellabs on May 19, 2008.<ref>Template:Cite press release</ref> FLIR Systems replaced UAL Corporation on July 21, 2008,<ref>Template:Cite press release</ref> and on November 10, 2008 Seagate Technology replaced Monster Worldwide.<ref>Template:Cite press release</ref> On December 22, 2008, Nasdaq added the following companies to the Nasdaq-100 index: Automatic Data Processing, First Solar, Life Technologies, Ross Stores, Maxim Integrated Products, Illumina, Pharmaceutical Product Development, O'Reilly Auto Parts, Urban Outfitters, J. B. Hunt and Warner Chilcott, replacing Amylin Pharmaceuticals, Cadence Design Systems, Discovery Communications, Lamar Advertising Company, Leap Wireless International, Level 3 Communications, PetSmart, SanDisk, Sirius XM Radio, Virgin Media and Whole Foods Market.<ref>Template:Cite press release</ref>
ReferencesEdit
External linksEdit
Template:Nasdaq-100 Template:NasdaqomxTemplate:Stock Market IndicesTemplate:Stock market indexes Template:North and South American Stock market indices