Celebrating 40 Years of the Nasdaq-100 Index® (NDX®)
Nasdaq (NDAQ) celebrates the 40th anniversary of the Nasdaq-100 Index® (NDX®), marking four decades since its inception on January 31, 1985. The index, which tracks 100 of the largest non-financial companies listed on Nasdaq, has delivered a 14.25% compound annualized return since inception.
The index's evolution is remarkable: from an initial median market cap of $455 million and average of $580 million in 1985, to current figures of $74 billion (median) and $268 billion (average) as of December 31, 2024. Six original members remain: Apple, Micron Technology, Intel, KLA , PACCAR, and Costco.
The NDX® ecosystem now exceeds $500 billion in tracked investment products globally, with 94 Exchange Traded Products trading in over 20 countries across 6 continents. NDX® companies invest 600-1,200% more in R&D compared to broad-based US large-cap equity indexes, demonstrating their commitment to innovation.
Nasdaq (NDAQ) celebra il 40° anniversario dell'Indice Nasdaq-100® (NDX®), segnando quattro decenni dalla sua creazione il 31 gennaio 1985. L'indice, che traccia 100 delle più grandi aziende non finanziarie quotate su Nasdaq, ha registrato un rendimento annualizzato composto del 14,25% sin dalla sua nascita.
L'evoluzione dell'indice è notevole: da una capitalizzazione di mercato mediana iniziale di 455 milioni di dollari e una media di 580 milioni di dollari nel 1985, ai valori attuali di 74 miliardi di dollari (mediana) e 268 miliardi di dollari (media) al 31 dicembre 2024. Sei membri originali rimangono: Apple, Micron Technology, Intel, KLA, PACCAR e Costco.
L'ecosistema NDX® ora supera i 500 miliardi di dollari in prodotti d'investimento tracciati a livello globale, con 94 prodotti scambiati in oltre 20 paesi su 6 continenti. Le aziende NDX® investono il 600-1.200% in più in R&S rispetto agli indici azionari a grande capitalizzazione statunitensi, dimostrando il loro impegno per l'innovazione.
Nasdaq (NDAQ) celebra el 40 aniversario del Índice Nasdaq-100® (NDX®), marcando cuatro décadas desde su creación el 31 de enero de 1985. El índice, que rastrea 100 de las mayores empresas no financieras que cotizan en Nasdaq, ha proporcionado un retorno anualizado de 14.25% desde su inicio.
La evolución del índice es notable: desde una capitalización de mercado mediana inicial de 455 millones de dólares y un promedio de 580 millones de dólares en 1985, hasta las cifras actuales de 74 mil millones de dólares (mediana) y 268 mil millones de dólares (promedio) a 31 de diciembre de 2024. Seis miembros originales permanecen: Apple, Micron Technology, Intel, KLA, PACCAR y Costco.
El ecosistema NDX® ahora excede los 500 mil millones de dólares en productos de inversión rastreados a nivel mundial, con 94 productos cotizados en más de 20 países en 6 continentes. Las empresas de NDX® invierten un 600-1,200% más en I+D en comparación con los índices de acciones de gran capitalización de EE. UU., demostrando su compromiso con la innovación.
나스닥 (NDAQ)은 나스닥-100 지수® (NDX®)의 40주년을 기념하며, 1985년 1월 31일 창립 이후 4년을 맞이합니다. 이 지수는 나스닥에 상장된 100개의 비금융 대기업을 추적하며, 창립 이후 연평균 14.25%의 수익률을 기록했습니다.
지수의 진화는 주목할 만합니다: 1985년 초기 중위 시장가치가 4억 5천5백만 달러, 평균 5억 8천만 달러에서 현재 740억 달러 (중위) 및 2,680억 달러 (평균)로 증가했습니다. 여섯 개의 원래 구성원이 남아 있습니다: 애플, 마이크론 테크놀로지, 인텔, KLA, PACCAR, 코스트코.
NDX® 생태계는 현재 전 세계적으로 5천억 달러 이상의 투자 상품을 추적하고 있으며, 6개 대륙의 20개국 이상에서 거래되는 94개의 상장지수상품이 있습니다. NDX® 기업들은 미국 대형주 지수와 비교하여 R&D에 600-1,200% 더 많은 투자를 하여 혁신에 대한 헌신을 보여주고 있습니다.
Nasdaq (NDAQ) célèbre le 40e anniversaire de l'Indice Nasdaq-100® (NDX®), marquant quatre décennies depuis sa création le 31 janvier 1985. L'indice, qui suit 100 des plus grandes entreprises non financières cotées sur Nasdaq, a atteint un rendement annualisé composé de 14,25% depuis sa création.
L'évolution de l'indice est remarquable : d'une capitalisation boursière médiane initiale de 455 millions de dollars et d'une moyenne de 580 millions de dollars en 1985, aux chiffres actuels de 74 milliards de dollars (médian) et 268 milliards de dollars (moyenne) au 31 décembre 2024. Six membres originaux demeurent : Apple, Micron Technology, Intel, KLA, PACCAR et Costco.
L'écosystème NDX® dépasse désormais les 500 milliards de dollars en produits d'investissement suivis à l'échelle mondiale, avec 94 produits négociés dans plus de 20 pays sur 6 continents. Les entreprises NDX® investissent 600 à 1 200 % de plus en R&D par rapport aux indices actions américains à grande capitalisation, témoignant de leur engagement envers l'innovation.
Nasdaq (NDAQ) feiert den 40. Jahrestag des Nasdaq-100-Indexes® (NDX®), das vier Jahrzehnte seit seiner Gründung am 31. Januar 1985 markiert. Der Index, der 100 der größten nicht-finanziellen Unternehmen, die an der Nasdaq gelistet sind, nachverfolgt, hat seit seiner Einführung eine annualisierte Rendite von 14,25% erzielt.
Die Entwicklung des Index ist bemerkenswert: von einer anfänglichen medianen Marktkapitalisierung von 455 Millionen Dollar und einem Durchschnitt von 580 Millionen Dollar im Jahr 1985, zu den aktuellen Werten von 74 Milliarden Dollar (median) und 268 Milliarden Dollar (durchschnitt) zum 31. Dezember 2024. Sechs ursprüngliche Mitglieder sind geblieben: Apple, Micron Technology, Intel, KLA, PACCAR und Costco.
Das NDX®-Ökosystem übersteigt nun weltweit 500 Milliarden Dollar in nachverfolgten Anlageprodukten, mit 94 börsennotierten Produkten, die in über 20 Ländern auf 6 Kontinenten gehandelt werden. NDX®-Unternehmen investieren 600-1.200% mehr in Forschung und Entwicklung im Vergleich zu breit gefächerten US-Großkapitalisierungsindizes, was ihr Engagement für Innovationen demonstriert.
- 14.25% compound annualized return since inception
- Combined value of NDX-tracking products exceeds $500 billion globally
- 39.5% volume increase in NDX index options contracts from 2023 to 2024
- Average daily notional value of CME's Nasdaq 100 futures exceeds $200 billion in 2024
- 600-1,200% higher R&D investment compared to broad-based US large-cap equity indexes
- None.
Insights
The Nasdaq-100's 40-year evolution represents a profound transformation in global market structure and investment accessibility. The index has become much more than a performance benchmark - it's now a cornerstone of modern financial markets infrastructure.
The R&D investment profile of NDX constituents, spending 6-12x more than broader market peers, signals a fundamental shift in how value is created in the modern economy. This extensive R&D commitment has helped establish a self-reinforcing cycle: innovation drives market leadership, which generates resources for further innovation.
The expansion of the NDX ecosystem has significant market structure implications:
- The derivatives market growth with
$200 billion daily futures trading volume and39.5% options volume growth indicates deepening market liquidity and sophisticated risk management capabilities - The global proliferation of ETPs across 20 countries demonstrates the index's role in democratizing access to US technology sector exposure
- The dramatic market cap evolution from millions to billions reflects the index's capture of multiple technological revolution waves
The index's success has effectively created a new asset class category of 'innovative growth companies,' influencing how investors construct portfolios and how companies approach public markets. This milestone isn't just about past performance - it represents the institutionalization of innovation-driven investing at a global scale.
The combined value of all investment products tracking the NDX® ecosystem globally exceeds
94 Exchange Traded Products track NDX® in over 20 countries across 6 continents
NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) proudly marks the 40th anniversary of the Nasdaq-100 Index® (NDX®), the world’s preeminent large-cap growth benchmark. Since its inception on January 31, 1985, the index has redefined innovation and transformed the global investment landscape. Over the past four decades, it has evolved into a powerful symbol of growth, resilience, and the groundbreaking spirit of its constituent companies, shaping industries, inspiring entrepreneurs and investors worldwide.
The Nasdaq-100 Index® tracks 100 of the largest, non-financial companies listed on the Nasdaq Stock Market. These companies have an enduring legacy of disruption in their respective markets, empowering growth and prosperity across the globe. The index has delivered a
The Nasdaq-100® has had over 500 members, with six original members still in the index today: Apple, Micron Technology Inc., Intel Corporation, KLA Corporation, PACCAR, and Costco Wholesale Corporation. When the Nasdaq-100® first launched, the median market capitalization of a company in the NDX® was
Driving the Innovation Economy Through Research and Development
The companies in the Nasdaq-100® have a history of accelerating change. As a driving force of innovation and economic growth, they spend between 600-1,
“AMD congratulates Nasdaq on celebrating 40 years of the Nasdaq-100 Index,” said Dr. Lisa Su, Chair and Chief Executive Officer, AMD. “We share Nasdaq’s commitment to growth and innovation to deliver value for our stakeholders and are proud to stand alongside the trailblazing companies within this elite group. We look forward to continuing our collaboration with Nasdaq to drive technological and economic advancements in the years to come.”
“Over the past 40 years, the Nasdaq-100 Index® has grown into a powerful embodiment of innovation, resilience, and unparalleled growth. By providing investors with access to the groundbreaking companies shaping the global economy, the index has not only fueled innovation but also enabled the creation of generational wealth,” said Adena Friedman, Chair and CEO at Nasdaq. “From trendsetting startups to global industry giants, the index is a testament to Nasdaq’s unwavering commitment to support companies at all stages of their journey. As we celebrate this significant milestone, we are not only honored by the extraordinary achievements of the companies within the index, but also reaffirm our mission to champion innovation, empower growth and support the companies and investors that shape the future of markets worldwide."
"Today we celebrate the 40th anniversary of the Nasdaq-100 Index®, a globally recognized benchmark of the companies accelerating our economy,” said Emily Spurling, Senior Vice President and Global Head of Indexes at Nasdaq. “This milestone marks a significant moment in our journey as a transparent, rules-based index provider. By creating access to the value chain of leading technology companies across multiple industries, NDX® empowers investors to support and benefit from the next generation of innovation, ensuring they are at the forefront of transformative growth."
The Expansive Nasdaq-100® Global Ecosystem
The characteristics, strength, and significance of the Nasdaq-100® have generated considerable investor demand for access to the index. Subsequently, a global financial ecosystem has developed around NDX®, enabling investors to gain exposure through various investment vehicles tailored to market participants worldwide.
The combined value of all products tracking the NDX® ecosystem globally exceeds
“Congratulations to Nasdaq on the 40th anniversary of the Nasdaq-100 Index®,” said Brian Hartigan, Global Head of ETFs and Index Investments, Invesco. “The evolution of the Nasdaq-100 Index® and Invesco QQQ mirrors the growth and development of technology and innovation, positioning the QQQ as one of the most important large-cap growth strategies with an ever-growing investment audience. We are happy that the long-standing Nasdaq and Invesco collaboration continues to contribute to success of the innovative Nasdaq-100 Index®.”
Beyond Exchange Traded Products, the NDX® ecosystem has also experienced large scale growth and evolution in other asset classes, including index options and futures. From 2023 to 2024 index options that tracked NDX® have seen a
Nasdaq Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, there are over 10,000 indexes that span geographies, asset classes, and diverse families. The indexes are tracked by financial product sponsors across a wide spectrum of investable products and for asset managers to measure risk and performance. Nasdaq also provides exchange listing, custom index, and design solutions to financial organizations worldwide.
To celebrate the occasion, Nasdaq will host a special closing bell ceremony on Friday, January 31, 2025, commemorating this moment with its long-time clients and partners.
To learn more about the Nasdaq-100® ecosystem, click here.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Nasdaq Media Contacts:
| Emily Pan | Camille Stafford | |
| (646) 637-3964 | (934) 234-9513 | |
| Emily.Pan@nasdaq.com | Camille.Stafford@nasdaq.com | |
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The Nasdaq OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding Nasdaq’s proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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1 Refers to the S&P 500, Nasdaq US 500 Large Cap Index, and other indexes comprised of the largest few hundred companies listed in the US weighted by market cap.
2 Refers to https://indexes.nasdaqomx.com/docs/NDX%20Extended%20Presentation.pdf.
3 According to Nasdaq ETF Intel as of January 28, 2025.
4 Refers to https://www.cmegroup.com/openmarkets/equity-index/2024/The-Growth-of-Tech-and-25-Years-of-Nasdaq-Futures.html.
FAQ
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