Nasdaq 100 Index Is Well-Positioned to Add More Investible Products

The NDX represents large-cap Nasdaq-listed stocks across all sectors like Apple, Intel, Costco, Amazon.com and Starbucks, which lends a highly liquid, tradable product. John Jacobs, The difference between the Nasdaq Composite and the NDX is NDX can have products derived off of it like the widely-traded PowerShares QQQ (QQQ). SVP of Global Information Services at Nasdaq, tells TheStreet's Jill Malandrino it is amazing where indexing has gone and where it will continue to grow. In fact, the market cap of the NDX has grown 80-fold to $48 billion as the index celebrates its 30th anniversary. Jacobs also points out many of the companies on the NDX have matured from growth stocks and are now dividend-payers with some attractive yields. 50% of the NDX are dividend-paying stocks.