Differences From Other Indices
In addition to its lack of financial companies, the Nasdaq-100 includes 13 companies incorporated outside the United States. Although the S&P 500 Index includes non-U.S. companies, the Dow Jones Industrial Average has never included foreign companies.
As of July 2012, the Nasdaq-100 has companies incorporated in the following foreign countries:
- Bermuda - Marvell Technology Group
- Canada - Research In Motion
- Cayman Islands - Seagate Technology
- Channel Islands - Randgold Resources
- China - Baidu
- India - Infosys
- Ireland - Warner Chilcott
- Israel - Check Point
- Singapore - Avago Technologies and Flextronics
- Switzerland - Garmin
- United Kingdom - Vodafone
Additionally, the NASDAQ-100 is also the only index of the three that has a regularly scheduled re-ranking of its index each year, ensuring that the largest non-financial companies on NASDAQ are accurately included.
Read more about this topic: NASDAQ-100
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