As of the market close on 2024-04-19
The table below shows how a single point move of the Nasdaq 100 index impacts the gain of a QQQ position. For example purchasing 41.0892 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 41.0892 QQQ shares.
| Shares of QQQ | Gain Per Nasdaq-100 Point |
|---|---|
| 0.4109 | $0.01 |
| 4.1089 | $0.10 |
| 10.2723 | $0.25 |
| 20.5446 | $0.50 |
| 41.0892 | $1.00 |
| 82.1784 | $2.00 |
| 205.4461 | $5.00 |
| 410.8922 | $10.00 |
| 821.7845 | $20.00 |
| 2,054.4612 | $50.00 |
| 4,108.9224 | $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 |
|---|---|---|
| 82.1784 | MNQ | $2 x Nasdaq-100 Index |
| 821.7845 | NQ | $20 x Nasdaq-100 Index |
| 4,108.9224 | 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.