Nasdaq Global Select Market Composite

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Definition of 'Nasdaq Global Select Market Composite'

The Nasdaq Global Select Market Composite is a stock market index that tracks the performance of the largest non-financial companies listed on the Nasdaq Stock Market. The index is composed of 100 stocks that are selected based on their market capitalization, liquidity, and financial strength. The Nasdaq Global Select Market Composite is a broad-based index that provides investors with a diversified exposure to the U.S. equity market.

The Nasdaq Global Select Market Composite is a price-weighted index, which means that the value of the index is determined by the prices of the stocks in the index. The index is rebalanced quarterly to ensure that it remains representative of the largest non-financial companies listed on the Nasdaq Stock Market.

The Nasdaq Global Select Market Composite is a popular index for investors who are looking for a diversified exposure to the U.S. equity market. The index is also used as a benchmark for performance comparisons.

The Nasdaq Global Select Market Composite has a long history of performance. The index has returned an average annual return of 10.5% since its inception in 1971. The index has also outperformed the S&P 500 Index over the same time period.

The Nasdaq Global Select Market Composite is a liquid index. The average daily trading volume of the index is over $1 billion. The index is also accessible to investors through a variety of exchange-traded funds (ETFs).

The Nasdaq Global Select Market Composite is a well-diversified index. The index has a low correlation with other major stock market indexes. This makes the index a good choice for investors who are looking to reduce their portfolio risk.

The Nasdaq Global Select Market Composite is a transparent index. The index is calculated and maintained by Nasdaq, Inc., a leading provider of financial market data and services. The index methodology is publicly available and investors can easily track the performance of the index.

The Nasdaq Global Select Market Composite is a reliable index. The index has been in existence for over 40 years and has a long history of performance. The index is also well-diversified and liquid. These factors make the Nasdaq Global Select Market Composite a good choice for investors who are looking for a diversified exposure to the U.S. equity market.

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