Newb here.

Is https://robinhood.com/stocks/NDAQ an ETF, aka if I buy this, is it a composite index (like QTEC)?

Meaning if I buy NDAQ am I really buying a composite index, or am I just investing in the company behind Nasdaq... or are they the same thing?

1 Answer 1


NDAQ is the ticker for stock in the company Nasdaq, Inc., which derives income from managing the exchange (transaction fees, listing fees, real-time quote feeds, etc). Here is their description of themselves: http://business.nasdaq.com/discover

It's not the same as investing in one of the "Nasdaq" indexes, such as Nasdaq Composite or Nasdaq-100. Those you can't invest in directly, but almost every major provider has an ETF, mutual fund, or both, that's designed to follow one or more of those indexes.


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