BBLU vs TOPT

BBLUBEA Bridgeway Blue Chip ETF

TOPTCiShares Top 20 U.S. Stocks ETF

In short

BBLU Active stock picking at index-fund prices: Bridgeway's blue chip mandate in an ETF wrapper for 0.15% a year, a fraction of what the typical active US equity fund charges.

TOPT Most 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

BBLU The Fund seeks long-term total return, primarily through capital appreciation and secondarily through income.

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

Why people hold it

• BBLU 0.15% a year against a 0.65% median for active US equity funds. Most stock pickers in this group charge roughly four times as much.
• Priced level with the cheapest active large-cap peers (AVLC, also 0.15%) and well under factor-rotation rivals like DYNF at 0.26%.
• One stated job, plainly written: long-term total return, mostly capital appreciation with income second, in US stocks, inside a standard 1940 Act fund.
• Stands among the stronger active US equity funds in its peer group, with the fee doing much of the heavy lifting.

• TOPT 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

• BBLU Moderately traded rather than a tape-topper, so spreads can run wider than on the giant core index funds.
• Cheap, not the floor. Broad core peers such as DFAU come in at 0.12%.
• Cash goes out annually or semiannually, not monthly, and income ranks second to appreciation in the mandate.

• TOPT 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.

Full BBLU profile⁠

Full TOPT profile⁠