QNXT - ETF AI Analysis
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iShares Nasdaq-100 ex Top 30 ETF (QNXT)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Recent Short-Term Performance
The ETF has shown solid gains over the past month and has moved higher so far this year, indicating positive recent momentum.
Broad Sector Diversification
Holdings are spread across many sectors, with meaningful exposure to technology, consumer, industrial, health care, and other areas, which helps reduce reliance on any single industry.
Exposure to Growing Tech and Semiconductor Names
Several top holdings in technology and chip-related companies have delivered strong year-to-date performance, supporting the fund’s overall returns.
Negative Factors
High U.S. Market Concentration
The fund is heavily invested in U.S. companies, offering very limited diversification across other countries.
Mixed Performance Among Top Holdings
Some of the largest positions, including well-known technology and consumer names, have shown weak or negative performance this year, which can drag on the ETF’s results.
Small Asset Base
The ETF manages a relatively low amount of assets, which can sometimes lead to less trading volume and wider bid-ask spreads for investors.
QNXT vs. SPDR S&P 500 ETF (SPY)
AUM18.70M
RegionNorth America
Expense Ratio0.20%
Beta1.04
IssueriShares
Inception DateOct 23, 2024
Dividend Yield0.65%
Asset ClassEquity
Index TrackedNasdaq-100 ex Top 30 Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,580
30 Day Avg. Volume1,535
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
36.47Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering68
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, consumer, and healthcare stocks, including well-known companies like Starbucks and Intuit. Someone might invest in QNXT to seek growth from innovative businesses while avoiding heavy concentration in the very largest tech giants. However, because it leans strongly toward technology and other growth sectors, its price can rise and fall sharply with changes in the stock market and investor sentiment toward tech.
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 leans heavily into U.S. tech, with mid-tier innovators doing most of the heavy lifting. Chip and storage names like Seagate and Western Digital have been rising, giving the fund a solid backbone, while Marvell’s AI-focused momentum adds extra spark. Cybersecurity players Palo Alto Networks and CrowdStrike are also climbing, helping keep performance on the front foot. On the flip side, AppLovin’s mixed signals and a cooling stretch from Booking and Vertex act like sandbags, reminding investors this tech-centric, U.S.-focused fund isn’t all smooth sailing.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Marvell | 4.83% | $903.71K | $244.68B | 338.62% | 76 Outperform | |
| Palo Alto Networks | 4.52% | $846.13K | $227.89B | 41.14% | 73 Outperform | |
| Seagate Tech | 4.03% | $753.21K | $208.77B | 677.47% | 68 Neutral | |
| Western Digital | 3.78% | $707.60K | $194.03B | 1038.36% | 77 Outperform | |
| CrowdStrike Holdings | 3.41% | $638.42K | $173.82B | 44.54% | 67 Neutral | |
| ASML Holding | 3.25% | $607.52K | $721.24B | 144.14% | 81 Outperform | |
| AppLovin | 3.03% | $565.82K | $166.88B | 40.51% | 74 Outperform | |
| Booking Holdings | 2.59% | $484.43K | $127.81B | -18.68% | 63 Neutral | |
| Starbucks | 2.33% | $435.34K | $117.43B | 10.23% | 56 Neutral | |
| Vertex Pharmaceuticals | 2.24% | $419.12K | $112.92B | -1.33% | 78 Outperform |
QNXT Technical Analysis
Positive
―
Price Trends
29.33
Positive
28.30
Positive
27.88
Positive
Market Momentum
0.55
Positive
65.99
Neutral
63.58
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QNXT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.79, equal to the 50-day MA of 29.33, and equal to the 200-day MA of 27.88, indicating a bullish trend. The MACD of 0.55 indicates Positive momentum. The RSI at 65.99 is Neutral, neither overbought nor oversold. The STOCH value of 63.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QNXT.
QNXT Peer Comparison
Comparison Results
Performance Comparison
QNXT
iShares Nasdaq-100 ex Top 30 ETF
31.92
6.46
25.37%
ACEP
ARS Core Equity Portfolio ETF
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ALTL
Pacer Lunt Large Cap Alternator ETF
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JHDG
John Hancock Hedged Equity ETF
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FCUS
Pinnacle Focused Opportunities ETF
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PQUS
Pictet AI Enhanced US 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.
DisclaimerThis 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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