Nasdaq 100

The Nasdaq 100 holds the hundred largest non-financial companies listed on the Nasdaq exchange, again weighted by size. Technology dominates it, and a small group of very large companies dominates that technology weight. The index is narrower than the S&P 500 by construction, so it rises further in the years when large technology companies do well and falls further when they do not.

Why it matters

A portfolio built around a handful of well-known technology names can beat the S&P 500 for years and still be behind the part of the market it was actually copying. The Nasdaq 100 is the tougher mirror in that case: it asks whether the specific companies you picked did better than owning that whole corner of the market. Reading both indexes at once separates two different questions, one about the market and one about your selection within it.

How BullBenchmark shows it

We draw the Nasdaq 100 as the second index line beside your return and the S&P 500, on the same dates and in your own currency. Because both lines are always on screen, a year in which you beat one and trail the other shows up as a fact rather than a choice of yardstick. The two-line view is running on the demo dashboard with a portfolio that mixes trackers and single stocks.

Related terms

S&P 500 · Benchmark · Portfolio weight

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