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Launched

iShares Top 20 U.S. Stocks ETF

TOPTNYSE ArcaiSharesC

$33.61−0.42 (−1.23%)

At close: Nov 2, 2026, 4:00 PM ET

C48/ 100

Rank 5 of 6 in US Mega-Cap

C48/100Rank 5 of 6inUS Mega-Cap
Intraday session: down, 79 prints from 34.03 to 33.61. Range 33.61 to 34.34. Use the arrow keys to read each point.33.8034.2010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$725M
1Y total return
+8.5%
Yield · Last 12 months
0.36%
Holdings
24
Avg volume · 30D
413K sh
52W range
low $27.54high $35.85
Launched

The ETF.net TOPT Grade

C

Score 48 out of 100

Category
US Mega-Cap⁠
Rank
5 of 6
Six-pillar profile for TOPT. Scores out of 100: Cost 39, Risk 26, Mission 75, Tradability 67, Holdings 22, Durability 40. Strongest: Mission (75). Weakest: Holdings (22). Leans toward Mission.

Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D39 out of 100
    Rank 4 of 6

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A75 out of 100
    Rank 5 of 6

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 6 of 6

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 2 of 6

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F22 out of 100
    Rank 6 of 6

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C40 out of 100
    Rank 5 of 6

Our read on TOPT

ETF.net Research

In short

CMost mega-cap funds hold hundreds of names. TOPT holds twenty: an index of the largest U.S. companies, and nothing behind them. It is the most concentrated way iShares sells the giants.

Stated mandate

The fund seeks to track an index composed of the 20 largest U.S. companies by market capitalization.

Why people hold it

  • Twenty holdings, one ticker. It tracks an index of the 20 largest U.S. companies by market value, so you get the giants without picking among them.
  • The 0.20% fee sits right at the median for mega-cap funds, and matches iShares' 100-stock OEF for a far more concentrated slice of the same universe.
  • Membership is set by S&P index rules, not a manager's judgment, and the fund distributes quarterly.

Worth knowing

  • With 20 names, the top few positions steer results in both directions, and the sector mix is simply whatever happens to be biggest.
  • Broader mega-cap exposure costs less elsewhere: MGC and MGK charge 0.05%.
  • Launched in October 2024, so there is only a short record to judge it by.

TOPT Holdings

Holdings pillarF22 out of 100Rank 6 of 6 in US Mega-Cap
Asset class
Stocks
Holdings
24
Top-10 weight
72%
Largest holding
AAPL15.4%

Sectors

  • Semiconductors & Semiconductor Equipment29.4%
  • Tech Hardware & Equip15.0%
  • Software & Services11.8%
  • Media & Entertainment9.7%
  • Pharma, Biotech & Life Sciences8.5%
  • Financials8.4%
  • Autos & Components4.4%
  • Consumer Discretionary4.4%
  • Banks3.5%
  • Energy2.9%
  • Consumer Staples Distribution & Retail2.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1AAPLApple15.44%323,295$111M723
2NVDANVIDIA15.20%536,044$110M848
3MSFTMicrosoft11.89%164,484$85.8M819
4LLYEli Lilly4.52%23,007$32.6M593
5TSLATesla Inc4.48%80,946$32.4M528
6AMZNAmazon.com Inc4.27%128,356$30.9M738
7METAMeta Platforms Class A4.22%49,577$30.5M708
8BRK.BBerkshire Hathaway Inc Class B4.02%53,479$29M374
9AVGOBroadcom Inc4.02%88,921$29M753
10MUMicron Technology3.87%31,538$27.9M686
11JPMJPMorgan Chase & Co3.57%76,367$25.7M487
12AMDAdvanced Micro Devices3.28%46,887$23.7M638
13XOMExxonmobil Holdings Corp3.06%118,110$22.1M525
14VVisa Class A2.80%48,948$20.2M559
15GOOGLAlphabet Class A2.79%71,837$20.1M707

Showing 1–15 of 24 holdings

TOPT Performance

Launched Oct 23, 2024

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

Not enough history yet.Not enough history yet.Not enough history yet.
TOPT$10,852
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. TOPT $10,852. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 TOPT. Periods over one year show the average yearly return.
PeriodTOPT
Year to date+9.3%
1 month−2.5%
3 months+4.2%
1 year+8.5%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 TOPT
YearReturn barTOPT
2026 YTD+9.3%
2025+20.3%
2024+5.0%

History from Oct 24, 2024

TOPT in the news

TOPT 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 Oct 30, 2026.
0.36%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 $0.02; 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 $0.04; 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$0.04
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$0.02

$10,000 in TOPT 1 year ago paid $39.35 in dividends.

TOPT Risk

Risk pillarD26 out of 100Rank 6 of 6 in US Mega-Cap
How much the fund’s monthly returns vary, scaled to a year.
15.4%
Annualised · 24 months to Oct 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.
0.94
vs 3-month T-bills · 24 months to Oct 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.
−21.2%
24 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.
1.10
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.

FMP measures it over up to five years of monthly returns.

TOPT Cost

Compare TOPT and MGC

Overpaying vs MGC, cheapest in US Mega-Cap

$3,095

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TOPT 0.20%

    $4,155

  • MGC 0.05% Cheapest

    $1,060

$10,000
30 years

Cost over time

  • TOPT 0.20%
  • MGC 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530TOPT $4,155MGC $1,060

Year by year

YearTOPTMGCOverpaying
10$365$92$273
20$1,421$360$1,061
30$4,155$1,060$3,095

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