NASDAQ 100 Index

A stock index of the 100 largest companies by market capitalization traded on NASDAQ. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. Various exchange-traded funds follow the NASDAQ 100 Index. Its symbol on the NASDAQ ticker is QQQ. It is informally called the Cubes.


The Nasdaq Stock Market sells shares in a unit investment trust (UIT) that tracks the Nasdaq 100 Stock Index.

This market capitalization weighted index includes the largest 100 companies trading on the Nasdaq and is adjusted quarterly to keep it focused on the strongest performers.

The name Qubes comes from the UIT's trading symbol: QQQQ.

Qubes resemble Standard & Poor's Depositary Receipts (SPDR), which reflect the performance of the Standard & Poor's 500 Index (S&P 500) and the DIAMOND (DIA), which tracks the Dow Jones Industrial Average (DJIA).

These investments are also described as exchange traded funds.

References in periodicals archive ?
MCS controls Cooks River, a significant container park with rail sidings that is used by some of Qubes rivals, often for regional containerised rail freight.
While there are a limited number of these types of empty container parks in Sydney, there appear to be sufficient choices for Qubes rivals in rail, stevedoring and logistics," Mr Sims said.
Through your own Qube you will gain access to (parts of) Qubes of others.
These are the words spoken by Hardy Schuerhoff, CEO of a new start-up company, Qube, challenging established brands like Google Drive, Trello, Dropbox, Slack and Evernote.
Surprize Qubes is an innovative building block-shaped confectionery that has been designed and brought to the market by Bon Bon Buddies to offer children a sweet treat, which can be consumed, collected and played with.
The pocket-money purchase sees Bon Bon Buddies bring three leading children's characters together, Barbie, Super Mario and Despicable Me 2, as the faces of the new Qubes.
Each Surprize Qube is sold as an individual building block containing a 10g pack of strawberry flavoured chewy candy with added fruit juice, three character stickers and two push out and build character 'standees.