USTECH

The Nasdaq-100 tracks 100 of the largest non-financial companies listed on the Nasdaq exchange, weighted by modified market capitalization. The index is heavily concentrated in technology, consumer discretionary, and communication services, with meaningful representation from healthcare and industrials. Because it excludes financial-sector companies, the Nasdaq-100 carries a distinct growth-and-innovation tilt compared to broader benchmarks like the S&P 500. It serves as a primary vehicle for expressing views on U.S. technology sector momentum, mega-cap growth stock performance, and the relative strength of innovation-driven companies versus value-oriented or cyclical sectors.