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QTOP

GradeBNASDAQ Global Market

iShares Nasdaq Top 30 Stocks ETF

Major Indexes · IShares · Inception 2024-10-22

$39.20−0.35 (−0.89%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Oct 24, 2024.
Intraday session: down, 59 prints from 39.55 to 39.20. Range 39.07 to 39.53. Use the arrow keys to read each point.$39.10$39.30$39.40$39.5010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$306M
1Y return
+27.1%
Yield · Last 12 months
0.31%
Holdings
31
Volume · 30D
0.2M sh
NAV per share
$39.22
52W range
low $28.71high $39.59

The ETF.net QTOP Grade

B

56/ 100

Rank 6 of 10 in Nasdaq-100⁠

Confidence High

Six-pillar profile for QTOP. Scores out of 100: Cost 46, Risk 40, Mission 100, Tradability 39, Holdings 30, Durability 52. Strongest: Mission (100). Weakest: Holdings (30). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 46
    Category rank7/10 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/8 · top 25%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 40
    Category rank7/9 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 39
    Category rank6/10 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 30
    Category rank9/9 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank5/10 · top 50%

Graded as of Sep 22, 2026

Our read on QTOP

ETF.net Research

BQTOP is the Nasdaq-100 with the tail cut off: just the 30 biggest names, at 0.20% a year. A concentrated take on US mega-cap growth leadership, built on the iShares shelf.

Stated mandate

The fund seeks to follow an index containing the 30 largest companies by market capitalization within the Nasdaq-100, providing focused exposure to U.S. mega-cap growth leaders.

Why people hold it

  1. 01Holds about 30 stocks, the largest Nasdaq-100 members by market cap, so the mega-cap leaders drive the portfolio instead of being diluted by the index's smaller names.ishares.com
  2. 020.20% a year, in line with the typical Nasdaq-100 tracker, for a portfolio that adds a screening and rebalancing step on top of the parent index.
  3. 03What you buy is what the documents describe: the 30 largest Nasdaq-100 companies, US equity, no side bets. Distributions come quarterly.ishares.com

Worth knowing

  1. 01Concentration cuts both ways. With roughly 30 names weighted by size, one mega-cap stumble moves this fund more than it would move a 100-stock version.
  2. 02The full Nasdaq-100 costs less elsewhere: QQQM charges 0.15% and QQQ 0.18% for the whole 100-stock index.
  3. 03Launched in October 2024, so the record is short, and it changes hands less often than the category's household-name giants.

QTOP Holdings

As of Sep 22, 2026, 5:07 AM
Asset class
Stocks
Holdings
31
Top-10 weight
60%
Largest holding
NVDA10.8%

Sectors

  • Technology66.6%
  • Communication15.5%
  • Consumer Discr.9.9%
  • Cons. Staples6.7%
  • Materials1.3%

Geography

  • United States98.77%
  • United Kingdom1.23%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA10.75%143,678$32M828
002AAPLAPPLE9.85%87,007$29M707
003MSFTMICROSOFT7.36%44,269$22M792
004MUMICRON TECHNOLOGY6.36%18,588$19M655
005AMDADVANCED MICRO DEVICES5.19%27,523$15M618
006AMZNAMAZON.COM INC4.29%50,180$13M720
007GOOGLALPHABET CLASS A4.12%34,984$12M704
008METAMETA PLATFORMS CLASS A4.07%18,160$12M683
009TSLATESLA INC3.93%32,082$12M509
010GOOGALPHABET CLASS C3.82%32,951$11M471
011SPCXSPACE EXPLORATION TECHNOLOGIES COR3.72%72,327$11M268
012AVGOBROADCOM INC3.50%29,055$10M732
013INTCINTEL CORPORATION3.24%88,591$10M492
014WMTWALMART INC2.95%81,994$9M462
015CSCOCISCO SYSTEMS INC2.45%66,452$7M567

Showing 1–15 of 34 holdings

QTOP Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

QTOP$12,710
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. QTOP $12,710. SPY $11,723. Use the arrow keys to read each point.$8,983$10,984$12,986Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QTOP. Periods over one year show the average yearly return.
PeriodQTOP
Year to date+24.1%
1 month+7.2%
3 months+2.0%
1 year+27.1%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QTOP
YearReturn barQTOP
2026 YTD+24.1%
2025+22.2%
2024+5.8%

History from Oct 24, 2024

QTOP in the news

ETF.net Research hasn’t filed on QTOP yet — coverage lands here as it’s written.

QTOP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.31%Last 12 months
Payout per share
$0.12Last 12 months
Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 8 payments from 2024 to 2026 YTD. Dec 17, 2024 $0.03; Mar 18, 2025 $0.03; Jun 16, 2025 $0.03; Sep 16, 2025 $0.03; Dec 16, 2025 $0.03; Mar 17, 2026 $0.03; Jun 15, 2026 $0.03; Sep 15, 2026 $0.03. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 18, 2026$0.03
Jun 15, 2026Jun 18, 2026$0.03
Mar 17, 2026Mar 20, 2026$0.03
Dec 16, 2025Dec 19, 2025$0.03
Sep 16, 2025Sep 19, 2025$0.03
Jun 16, 2025Jun 20, 2025$0.03
Mar 18, 2025Mar 21, 2025$0.03
Dec 17, 2024Dec 20, 2024$0.03

QTOP Risk

How much the fund’s monthly returns vary, scaled to a year.
20.8%
Annualised · 22 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.05
vs 3-month T-bills · 22 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.3%
22 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.42
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

QTOP Cost

Expense ratio0.20%
  • The middle half of Nasdaq-100 funds
  • Median 0.20%

4 of the 10 Nasdaq-100 funds charge less.

QTOP costs $20.00 a year on $10,000. The median Nasdaq-100 fund costs $20.00.