Nasdaq Composite Index
The Nasdaq Composite covers nearly every stock listed on the Nasdaq, around 3,000 companies, weighted by market value. It started on February 5, 1971 at 100 points, which makes it older than the Nasdaq 100, introduced in 1985.
Two differences from the better-known Nasdaq 100 matter. First, the Composite also includes banks and insurers, which the Nasdaq 100 excludes by design. Second, it does not stop at the 100 largest names. Alongside the technology giants sit several thousand smaller companies, many of them thinly traded. Because weights follow market value, those small names together account for a fraction of the index. The daily move is decided by the same large technology stocks as in the Nasdaq 100. That is why both indices usually track each other closely without being identical.
So when a market report mentions “the Nasdaq”, it may mean either index, depending on the source. The comparison with the Nasdaq 100 and the S&P 500 is shown below. The correlation table built from our own price series shows how closely they move together.
The chart shows the US-listed ONEQ fund, which tracks the index. Its share price is not the index level, but the percentage changes match it apart from costs and reinvested dividends. Retail investors in the EU usually cannot buy the fund, because it has no key information document under the PRIIPs regulation.
Nasdaq Composite Price Chart
The chart shows daily closing prices and is set to the current year by default. The price is up 9.4% year to date and up 8.6% over twelve months. The last recorded close on November 12, 2026, was at 67% of the 52-week range.
The line is the price of the Fidelity Nasdaq Composite Index ETF (ONEQ) in US dollars, not the index level. Its changes roughly match those of the index, minus fund costs and without dividends.
Price series from our database since Sep 16, 2024, 543 daily values.
Nasdaq Composite Performance
| Year to date | +9.4% | 1 month | -6.7% |
|---|---|---|---|
| 3 months | -5.3% | 1 year | +8.6% |
| Calendar year 2025 | +20.2% |
Risk and Correlation: Nasdaq Composite
Risk Metrics
Correlations (90 Trading Days)
| Instrument | r | −1 … +1 |
|---|---|---|
| Nasdaq 100 | +0.98 | |
| S&P 500 | +0.96 | |
| MSCI ACWI | +0.94 | |
| Republic Services Inc. | -0.50 | |
| RLUSD | -0.49 | |
| Verisk Analytics Inc. | -0.48 |
The strongest co-movers are listed at the top, the strongest inverse movers at the bottom. Low or negative correlations can help spread risk more broadly across a portfolio.
The correlation matrix shows how the Nasdaq Composite moves with every other market we record. The ETF portfolio backtest replays the Nasdaq Composite since 2024 in euros or dollars. How often chart signals held up and which months were strong on average is shown in signal statistics and seasonality.