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QNXT - ETF AI Analysis
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iShares Nasdaq-100 ex Top 30 ETF (QNXT)
Rating:72Outperform
Price Target:―
Positive Factors
Supportive Top Holdings
Several of the largest positions, such as Analog Devices, Honeywell, ASML, Starbucks, and Mercadolibre, have shown strong or steady performance, helping support the ETF’s overall returns.
Sector Diversification Across Growth Areas
The fund spreads its investments across technology, industrials, consumer cyclical, health care, and other sectors, reducing reliance on any single industry.
Moderate Expense Ratio
The ETF charges a relatively low ongoing fee, which helps investors keep more of any returns generated over time.
Negative Factors
Recent Weak Short-Term Performance
The ETF has shown weak results over the past one and three months, which may concern investors focused on near-term momentum.
Mixed Results Among Top Holdings
Some major positions like Adobe, Vertex Pharmaceuticals, CrowdStrike, and Comcast have been lagging, which can drag on the fund’s overall performance.
Heavy U.S. Market Concentration
With the vast majority of its assets in U.S. companies, the ETF offers limited geographic diversification and is highly sensitive to the U.S. market.
QNXT vs. SPDR S&P 500 ETF (SPY)
AUM16.42M
RegionNorth America
Expense Ratio0.20%
Beta1.07
IssueriShares
Inception DateOct 23, 2024
Dividend Yield0.64%
Asset ClassEquity
Index TrackedNasdaq-100 ex Top 30 Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,163
30 Day Avg. Volume1,580
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
33.64Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering69
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QNXT Summary
The iShares Nasdaq-100 ex Top 30 ETF (QNXT) tracks the Nasdaq-100 ex Top 30 Index, focusing on the “next tier” of large U.S. companies after the biggest names are removed. It holds many tech, industrial, and consumer businesses, including well-known companies like Adobe and Starbucks. Someone might invest in QNXT to seek growth from innovative firms while avoiding heavy concentration in the very largest tech giants, adding diversification to a portfolio. A key risk is that it is still heavily tilted toward growth and technology-related stocks, so its price can rise and fall sharply with the Nasdaq market.
How much will it cost me?The iShares Nasdaq-100 ex Top 30 ETF (QNXT) has an expense ratio of 0.20%, meaning you’ll pay $2 per year for every $1,000 invested. This cost is lower than average for actively managed funds but slightly higher than many passively managed ETFs, as it focuses on a unique niche within the Nasdaq-100 Index.
What would affect this ETF?The QNXT ETF, with its focus on large-cap companies in technology, healthcare, and consumer sectors, could benefit from continued innovation and growth in these industries, especially as emerging leaders gain market share. However, it may face challenges from rising interest rates, which can impact growth-oriented stocks, and economic slowdowns that could affect consumer spending and corporate investments. Additionally, regulatory changes in the tech and healthcare sectors could create uncertainty for some of its top holdings.
QNXT Top 10 Holdings
QNXT is leaning heavily into second-tier tech and innovation, with names like ASML and Analog Devices doing much of the heavy lifting as their momentum keeps the fund’s tech engine humming. Honeywell and Starbucks add a steadier industrial and consumer tilt, both rising and helping smooth out bumps. On the flip side, software and cybersecurity players like Adobe, CrowdStrike, and Palo Alto Networks have been losing steam lately, acting as a bit of a drag. The fund is mostly U.S.-focused, with a global flavor via ASML and Mercadolibre.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Analog Devices | 3.78% | $628.02K | $164.72B | 57.08% | 78 Outperform | |
| Honeywell International | 3.51% | $583.17K | $153.25B | 19.05% | 77 Outperform | |
| Vertex Pharmaceuticals | 2.85% | $474.27K | $124.70B | 7.07% | 78 Outperform | |
| ASML Holding | 2.83% | $469.81K | $538.54B | 87.16% | 81 Outperform | |
| Palo Alto Networks | 2.66% | $442.75K | $134.91B | -16.54% | 73 Outperform | |
| Comcast | 2.63% | $436.61K | $113.58B | -10.79% | 74 Outperform | |
| Adobe | 2.53% | $420.50K | $108.36B | -42.64% | 80 Outperform | |
| CrowdStrike Holdings | 2.47% | $410.31K | $108.31B | -4.89% | 67 Neutral | |
| Starbucks | 2.44% | $405.83K | $106.85B | -16.67% | 56 Neutral | |
| Constellation Energy Corporation | 2.39% | $397.74K | $104.51B | -9.10% | 68 Neutral |
QNXT Technical Analysis
Neutral
―
Price Trends
27.92
Negative
27.77
Negative
26.85
Positive
Market Momentum
-0.12
Positive
48.40
Neutral
66.70
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QNXT, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 27.86, equal to the 50-day MA of 27.92, and equal to the 200-day MA of 26.85, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 48.40 is Neutral, neither overbought nor oversold. The STOCH value of 66.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for QNXT.
QNXT Peer Comparison
Comparison Results
Performance Comparison
QNXT
iShares Nasdaq-100 ex Top 30 ETF
27.70
1.08
4.06%
ALTL
Pacer Lunt Large Cap Alternator ETF
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BCUS
Bancreek U.S. Large Cap ETF
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UPSD
Aptus Large Cap Upside ETF
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―
―
LVDS
JPMorgan Fundamental Data Science Large Value ETF
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―
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RWLC
Rayliant Quantitative Developed Market Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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