Tech 100

Screening Filters

1. is_index_component: ['NDX']

   • Purpose:
     Selects only those stocks that are components of the NASDAQ‑100 Index (NDX).

   • Rationale:
     The user asked for information or analysis regarding the “Tech 100 index”, which in common market usage typically refers to the NASDAQ‑100—an index composed of 100 of the largest non‑financial companies listed on the Nasdaq, heavily weighted toward technology, communication services, and consumer discretionary names.

     By applying is_index_component: ['NDX'], the screener:

     • Restricts the universe to companies currently included in the NASDAQ‑100.
     • Excludes all stocks not in that index (e.g., small caps, other exchanges, financials outside the NDX), keeping the focus precisely on the “Tech 100” constituents.
     • Ensures that any aggregate analysis (sector breakdown, performance, volatility, valuations, etc.) is representative of the Tech‑100‑style index the user asked about.

Why Results Match

• The Tech 100 index is most commonly understood as the NASDAQ‑100 (NDX), so filtering for is_index_component: ['NDX'] directly targets that index.
• Every stock returned by the screener is an actual member of the NASDAQ‑100, making it suitable for any constituent‑level or index‑level analysis the user wants (performance of the index, key holdings, sector tilts, concentration in mega‑caps, etc.).