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What Is the NAS 100 (NASDAQ 100)? Composition, Companies, and Eligibility Explained

If you're familiar with stock indices, meet the NAS 100—also known as the NASDAQ 100 or US Tech 100. It's one of the top benchmarks in global trading markets.

Contents: What is NAS 100? Composition of NAS 100 | NAS 100 Companies | How does NAS 100 select these companies? (Eligibility criteria) | The bottom line

The NAS 100 goes by several names: NAS 100, NASDAQ 100, and US Tech 100. Don't confuse it with the broader NASDAQ Composite—they're distinct indices.

Curious about "What is NAS 100?" Here's a clear breakdown.

What Is the NAS 100?

Nasdaq operates as a global electronic marketplace for buying and selling securities. It's widely regarded as a key benchmark for U.S. tech stocks, though "Nasdaq" often refers to the Composite index.

The NAS 100 is a prominent stock market index tracking over 100 of the largest non-financial companies listed on the NASDAQ Composite—the world's second-largest stock exchange. Brokerage platforms may call it NAS100, NDX100, or similar, but it all points to the NASDAQ 100 (not the Composite).

Composition of the NAS 100

As part of the NASDAQ exchange, the NAS 100 includes 102 stocks from 100 of the largest non-financial companies listed there.

NAS 100 Companies

These are predominantly tech-focused giants, including:

  • Alphabet (Google's parent)
  • Apple
  • Costco Wholesale
  • Hasbro
  • Intel, and more

As of November 2019, top holdings featured:

  • Apple
  • Comcast
  • Adobe
  • Amazon
  • Alphabet
  • Intel
  • Cisco
  • PepsiCo
  • Facebook
  • Microsoft

How Does the NAS 100 Select These Companies? (Eligibility Criteria)

Companies must list on the NASDAQ exchange via American Depositary Receipts (ADRs), common stock, or tracking stock.

Representing about 20 countries, selection emphasizes:

  • Market capitalization
  • Liquidity

Note: No strict minimum thresholds apply for inclusion in the top 100.

The Bottom Line

The NAS 100 is a prestigious index drawing the world's leading non-financial firms, especially in tech. Armed with this overview, you're better equipped to navigate trading opportunities.