As of the market close on 2023-12-07
The table below shows how a single point move of the Nasdaq 100 index impacts the gain of a QQQ position. For example purchasing 41.0381 shares of QQQ will result in a $1 profit or loss for every one point move in the NDX index. One unit of the Nasdaq 100 index is equivalent to 41.0381 QQQ shares.
| Shares of QQQ | Gain Per Nasdaq-100 Point |
|---|---|
| 0.4104 | $0.01 |
| 4.1038 | $0.10 |
| 10.2595 | $0.25 |
| 20.5190 | $0.50 |
| 41.0381 | $1.00 |
| 82.0761 | $2.00 |
| 205.1903 | $5.00 |
| 410.3805 | $10.00 |
| 820.7611 | $20.00 |
| 2,051.9027 | $50.00 |
| 4,103.8054 | $100.00 |
The table below shows the number of QQQ shares that are equivalent to various CME Nasdaq-100 Futures contracts.
| QQQ Shares | Contract Symbol | Contract Spec |
|---|---|---|
| 82.0761 | MNQ | $2 x Nasdaq-100 Index |
| 820.7611 | NQ | $20 x Nasdaq-100 Index |
| 4,103.8054 | ND | $100 x Nasdaq-100 Index |
The ratio is calculated by dividing the closing price of the Nasdaq 100 index by the closing price of the QQQ exchange traded fund.