If at any time a component security no longer meets the required criteria, the security is removed from the index. market prior to 2004 and has continuously maintained such listing, and must be one of the following security types: Ĭlosed-end funds, convertible bonds, exchange-traded funds, preferred stocks, rights, warrants, units and other derivatives are not included in the index. listing must be exclusively on the Nasdaq stock market unless the security was dually listed on another U.S. To be eligible for inclusion in the Nasdaq Composite, a security's U.S. Invesco offers the Nasdaq: QQQ exchange-traded fund, which matches the performance of the Nasdaq-100, a different index which tracks 101 of the largest non-financial companies in the Nasdaq Composite and is 90% correlated with the Nasdaq Composite. Index funds that attempt to track the Nasdaq Composite include Fidelity Investments' FNCMX mutual fund and ONEQ exchange-traded fund. The sum is then divided by a divisor which reduces the order of magnitude of the result. The Nasdaq Composite is a capitalization-weighted index its price is calculated by taking the sum of the products of closing price and index share of all of the securities in the index. The Nasdaq-100, which includes 100 of the largest non-financial companies in the Nasdaq Composite, accounts for over 90% of the movement of the Nasdaq Composite. The composition of the NASDAQ Composite is heavily weighted towards companies in the information technology sector.

Along with the Dow Jones Industrial Average and S&P 500, it is one of the three most-followed stock market indices in the United States. The Nasdaq Composite ( ticker symbol ^IXIC) is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange ( more than 2500 stocks).

Nasdaq index