NASDAQ-100 INDEX® FUNDAMENTALS

NASDAQ-100 INDEX® FUNDAMENTALS

NASDAQ-100 INDEX: HISTORY

The Nasdaq-100® (NDX) is comprised of the 100 largest, 
non-financial companies listed on The Nasdaq Stock 
Market®
• Launched on January 31, 1985
• Rebalanced to modified market cap index on 
December 21, 1998
• Special Rebalance effective May 2, 2011

INNOVATION AND DISRUPTION
Apple | Google |Amgen |Starbucks |Tesla
Companies come in and innovate and disrupt. Technology is not cellphones 
or computers. Technology is a more efficient car, life savings drugs, quicker 
car services, semiconductors, new airliners.
Semiconductors and hard drives have reinvented our world. Better inventory 
management saves money and makes us money. 
Everyone recognizes the changing dynamic though it gets lumped into 
companies classified as “technology” in the old-school definition.
The old generation of industrials, the original Dow Jones components are no 
longer the daily drivers of industry. The technology industrials are the new 
disruptors.

NASDAQ-100 INDEX® FUNDAMENTALS