Nasdaq Inc. (NDAQ)
NDAQ · Financials · 
United States
Nasdaq Inc. (NDAQ) is a US company in the Financials sector. Nasdaq Inc. operates the Nasdaq stock exchange in New York and several exchanges in Northern Europe, and sells market data, index licenses and software for banks and exchanges. Its indexes include the Nasdaq-100 and the Nasdaq Composite. The company is based in New York. The index of the same name has its own page: Nasdaq Composite.
The stock has its largest weight in XUFI (MSCI USA Financials), at 0.61%. Anyone who holds an ETF containing Nasdaq also has an indirect stake in the company.
Data and Charts: Nasdaq
Key Data for Nasdaq
Nasdaq Stock Price Chart
The Nasdaq chart shows daily closing prices and is set to the current year by default. The stock is up 9.4% year to date and up 24.0% over twelve months. The last recorded close on October 30, 2026, was $106.23, at 100% of the 52-week range.
Price series from our database since Aug 12, 2024, 558 daily values.
Nasdaq Stock Performance
| Year to date | +9.4% | 1 year | +24.0% |
|---|---|---|---|
| 1 month | +15.5% | 3 months | +12.8% |
| Calendar year 2025 | +25.6% |
Measured in euros, Nasdaq is up 15.0% year to date and up 28.2% over twelve months. The difference from the dollar figures above comes from the exchange rate alone. Each daily price is converted at the ECB euro reference rate for that day.
Alysly Data Analysis: Nasdaq
What ETF Is Nasdaq In?
Nasdaq has above-average ETF coverage and is held by 22 of the 104 ETFs we track, which together follow 11 indices. That puts the stock in more ETFs than 85.1% of the 4,341 stocks we track.
| ETF | Index | Weight | per €1,000 in the ETF |
|---|---|---|---|
| XUFI / XUFN | MSCI USA Financials | 0.61% | €6.06 |
| WFIN | MSCI World Financials | 0.34% | €3.39 |
| XDWF | MSCI World Financials | 0.33% | €3.27 |
| 2B7K | MSCI World SRI | 0.22% | €2.20 |
| XDEW | S&P 500 Equal Weight | 0.22% | €2.18 |
| XDEQ | MSCI World Quality | 0.13% | €1.34 |
| SPYL / SPY5 | S&P 500 | 0.07% | €0.72 |
| XD9U / XD9D | MSCI USA | 0.07% | €0.72 |
| SXR8 | S&P 500 | 0.07% | €0.70 |
| EUNL | MSCI World | 0.06% | €0.60 |
| XDWD / XDWL | MSCI World | 0.05% | €0.53 |
| IUSQ | MSCI ACWI | 0.05% | €0.50 |
| SWWD | MSCI World | 0.05% | €0.48 |
| SPPW | MSCI World | 0.05% | €0.48 |
| WIMI | MSCI World IMI | 0.05% | €0.47 |
| SPYY | MSCI ACWI | 0.05% | €0.47 |
| SPYI / SPSA | MSCI ACWI IMI | < 0.01% | < €0.05 |
The last column shows how much of €1,000 in one of these funds goes to Nasdaq, based on each fund's latest holdings list.
US-listed ETFs holding Nasdaq (weight per latest SEC filing): VYM 0.17%, ONEQ 0.12%, VTI 0.06%, IVV 0.05%, SPY 0.05%, VOO 0.05%. These funds are registered in the US; retail investors in the EU usually cannot buy them.
Nasdaq Weight in iShares Core MSCI World (EUNL) Since 2019
In iShares Core MSCI World (EUNL), Nasdaq had a weight of 0.03% on Sep 30, 2019 and 0.06% on Oct 30, 2026. The fund tracks the MSCI World. That is also the stock's highest weight in the period shown. The weight rises and falls with the stock's price performance relative to the other index members. It can also change when the index provider adjusts the index composition.
What's Inside Your ETF Portfolio and the ETF overlap check show how much Nasdaq overlaps with the rest of a portfolio.
Which Tracked Investors Hold Nasdaq?
Nasdaq is not among the largest purchases in the quarter ending Jun 30, 2026. The list is led by GOOGL, DAL and NEBIUS GROUP N.V. The only manager we track that holds Nasdaq reduced its position.
| Investor | Shares | Value | Quarter |
|---|---|---|---|
| Bridgewater Associates | 80,751 | $6M | reduced by 30,869 |
As of Jun 30, 2026. Based on quarterly filings with the US securities regulator, submitted up to 45 days after the reference date. The change counts shares, not price gains.
What Nasdaq Executives and Directors Traded Recently
| Date | Person | Type | Shares | Price |
|---|---|---|---|---|
| Oct 27, 2026 | Peterson Bradley J Officer, EVP, CIO | Sell | 3,987 | $104.75 |
| Oct 23, 2026 | Tal Cohen Officer, Pres. Market Platforms | Sell | 10,390 | $103.34 |
| Oct 23, 2026 | Peterson Bradley J Officer, EVP, CIO | Sell | 4,000 | $103.38 |
| Oct 20, 2026 | SKULE JEREMY Officer, EVP, CSO | Sell (plan) | 1,125 | $95.00 |
| Oct 12, 2026 | SKULE JEREMY Officer, EVP, CSO | Sell (plan) | 1,125 | $94.13 |
| Sep 22, 2026 | SKULE JEREMY Officer, EVP, CSO | Sell (plan) | 1,125 | $95.00 |
The table shows open-market purchases and sales reported over the past 90 days. Directors, officers and shareholders owning more than ten percent must report such transactions within two trading days. Awards and option exercises are excluded.
“Plan” means the transaction follows a schedule set up in advance under Rule 10b5-1. Sales consistently outnumber purchases in these filings because a large part of executive pay is granted in shares. For comparison: over the period covered, executives and directors reported sales at 271 of 350 tracked companies and purchases at 32.
Stocks With ETF Exposure Similar to Nasdaq
| Stock | Shared ETFs | r | 1 year | Annualized volatility | Net margin | Revenue growth |
|---|---|---|---|---|---|---|
| Nasdaq | – | – | +24.0% | 25.2% | 21.6% | +11.6% |
 Moody's Corporation | 22 | +0.63 | +3.1% | 26.7% | 31.9% | +8.9% |
 Raymond James Financial | 22 | – | -0.5% | 26.5% | 13.4% | +6.6% |
 American Express Company | 22 | – | -11.1% | 28.9% | 26.2% | +6.4% |
 S&P Global | 22 | +0.56 | -5.1% | 25.9% | 29.2% | +7.9% |
| Hartford Insurance Group | 22 | – | +7.4% | 20.9% | 13.5% | +6.9% |
| Cboe Global Markets Inc | 22 | – | +41.7% | 29.3% | – | – |
 Progressive Corporation | 22 | – | +11.7% | 25.6% | 12.9% | +16.3% |
 Willis Towers Watson Public Limited Company | 22 | – | +2.3% | 25.6% | 16.5% | -2.2% |
These stocks reach a portfolio through largely the same funds as Nasdaq. “Shared ETFs” counts the funds that hold both.
Return and volatility are calculated from our daily closing prices in US dollars. Margin and growth come from each company's latest SEC annual filing. Because fiscal years do not end on the same date for every company, the underlying periods are not fully identical.
Fundamental Analysis: Nasdaq
Nasdaq Key Financials
Figures come from the SEC annual filing for the latest reported fiscal year (period end Dec 31, 2025).
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| FY ended Dec 2023 | 6.1 | 1.1 | 17.5% |
| FY ended Dec 2024 | 7.4 | 1.1 | 15.1% |
| FY ended Dec 2025 | 8.3 | 1.8 | 21.6% |
Technical Analysis: Nasdaq
Nasdaq Risk Metrics
The close on Oct 30, 2026, was the highest since our series began on Aug 12, 2024. When the S&P 500 rose or fell 1%, Nasdaq moved 0.57% on average in the same direction (past 252 trading days). The correlation of 0.26, however, shows only a moderate link to the broad market. Accordingly, moves in the S&P 500 explain only a small part of the daily price moves of Nasdaq.
What Nasdaq Correlates With
| Instrument | r | −1 … +1 |
|---|---|---|
| Moody's Corporation | +0.63 | |
| MSCI Inc. Class A | +0.62 | |
| Intercontinental Exchange Inc. | +0.61 | |
| S&P Global Inc. | +0.56 | |
| Broadridge Financial Solutions Inc. | +0.54 | |
| Equifax Inc. | +0.54 | |
| Corning Inc | -0.46 | |
| Teradyne Inc. | -0.46 | |
| Carpenter Technology Corporation | -0.41 |
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.
