Translation: Stocks Kicked Out Of The NASDAQ-100 (QQQ) Since 1995
The NASDAQ-100 Index, often known simply as the NASDAQ, is one of the best known benchmarks in the world. The index utilizes a modified market-cap strategy, reflecting the performance of a tech-heavy basket of large stocks that can differ dramatically from indexes such as the Dow and S&P 500.
The NASDAQ-100 is also the underlying for one of the oldest and most popular ETFs; PowerShares‘ QQQ ETF (QQQ, B+) will enter its teenage years in March of 2013, and has more than $33 billion in assets. There are other ETFs that are linked to various other NASDAQ indexes, including funds like Fidelity‘s (ONEQ, B+) and iShares‘ (IBB, A-).
As of July 2013, the NASDAQ-100 experienced a number of shuffles; several stocks, including Liberty Media, Starz, Virgin Media, Perrigo, and Oracle were removed. They join a not-so-elite group of a couple hundred stocks that has been kicked out of the index since 1995; the following interactive chart lists every company kicked out of the NASDAQ-100 since 1995. Simply click on a year to see which companies were excluded and when it occurred [see also Visual History Of The S&P 500].
Published on FEBRUARY 7, 2013 | Updated AUGUST 26, 2013