---
title: "Nasdaq Next Generation 100: Methodology"
description: "Nasdaq Next Generation 100 is maintained by Nasdaq and covers next 100 largest non-financial nasdaq companies outside ndx."
canonical: https://www.getswoopr.com/stocks/indexes/nasdaq-next-generation-100/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Nasdaq Next Generation 100: What It Measures and How It Is Built







## Direct Answer



> The Nasdaq Next Generation 100 is a rule-based measurement of next 100 largest non-financial nasdaq companies outside ndx, maintained by Nasdaq. Like every index it owns nothing: it is a number produced by applying a published weighting formula to a selected list of companies, revised on a schedule the provider sets.








## What this index covers



The Nasdaq Next Generation 100 covers next 100 largest non-financial nasdaq companies outside ndx, within the United States market. Nasdaq defines which securities are eligible, how they are selected from that pool, and how much each one contributes to the published number.



The name states a target of 100 companies. A target is not a guarantee of the exact count on any given day: corporate actions, dual share classes and pending additions all move the real number around it.








## How constituents are weighted



Swoopr has not verified the weighting method for this index against Nasdaq's current methodology document, so none is stated here rather than guessed. The provider link below is authoritative.








## Current Nasdaq Next Generation 100 constituents



Nasdaq publishes and licenses the Nasdaq Next Generation 100 constituent list. Swoopr does not republish it here. The provider's own page is the authoritative source for current membership and weights.



[Nasdaq: official Nasdaq Next Generation 100 page](https://indexes.nasdaq.com/)








## Related reading



- [All stock market indexes](https://www.getswoopr.com/stocks/indexes/): how indexes are built, weighted and revised.
- [United States indexes](https://www.getswoopr.com/stocks/indexes/us/): others covering the same region.
- [Index concentration](https://www.getswoopr.com/technical-analysis/market-concentration/index-concentration/): measuring how much of an index sits in its largest holdings.
- [Index rebalancing and inclusion effects](https://www.getswoopr.com/stocks/corporate-actions-catalysts/index-rebalancing-and-inclusion-effects/): what happens to a stock when index membership changes.








## Frequently Asked Questions


### Who maintains the Nasdaq Next Generation 100?



Nasdaq maintains the Nasdaq Next Generation 100 and publishes the methodology document that defines its eligibility and weighting rules.




### What does the Nasdaq Next Generation 100 measure?



It measures next 100 largest non-financial nasdaq companies outside ndx. The index is a calculated number applying a weighting formula to a selected list of companies, and it holds nothing itself.




### Where can I see the current Nasdaq Next Generation 100 constituents?



Nasdaq publishes the current constituent list. Swoopr does not republish it, because index providers license constituent data and Swoopr holds no such licence.











## About the author



The [Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/) writes Swoopr Investment's educational library, covering market structure, analysis methods and the mechanics behind the numbers investors read every day.



Our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/) set out how this content is produced, reviewed and fixed when it is wrong.