NAS100The NAS100, often referred to as the Nasdaq 100, is an index that tracks the performance of the 100 largest non-financial companies listed on the Nasdaq stock exchange. It is heavily weighted toward the technology sector but also includes companies from other sectors like consumer discretionary and healthcare.
Key Features of NAS100:
1. Tech-Heavy Composition: Includes major companies like Apple, Microsoft, Amazon, Tesla, and Nvidia.
2. Growth-Oriented: The index is known for its focus on growth stocks, making it highly sensitive to changes in market sentiment and interest rates.
3. Global Exposure: Many of its companies operate globally, making it a reflection of global tech and innovation trends.
4. Trading and Investment: Like SPX500, NAS100 can be traded through futures, options, and CFDs or invested in via ETFs, such as the Invesco QQQ Trust (QQQ).
Characteristics:
• Volatility: Higher than SPX500 due to its concentration in tech and growth sectors.
• Performance: Often outperforms broader indices in bullish markets but can experience sharper declines during downturns.
