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QTOP - ETF AI Analysis
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iShares Nasdaq Top 30 Stocks ETF (QTOP)
Rating:76Outperform
Price Target:―
Positive Factors
Focused Exposure to Leading Nasdaq Names
The ETF holds many of the largest and most widely followed Nasdaq companies, giving investors targeted access to major market leaders.
Strong Standout Holding
One of the top positions has shown very strong recent gains, helping to offset weaker names in the portfolio.
Moderate Expense Ratio
The fund’s fee is relatively low for a concentrated, rules-based strategy, allowing investors to keep more of their returns over time.
Negative Factors
High Stock Concentration
A small group of mega-cap stocks makes up a large share of the portfolio, which increases the impact of any sharp move in those names.
Heavy Tilt to Technology and Communication Services
Most of the fund is invested in tech and communication companies, so it may be hit hard if these growth sectors fall out of favor.
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year to date, reflecting pressure on several of its biggest holdings.
QTOP vs. SPDR S&P 500 ETF (SPY)
AUM266.45M
RegionNorth America
Expense Ratio0.20%
Beta1.24
IssueriShares
Inception DateOct 24, 2024
Dividend Yield0.39%
Asset ClassEquity
Index TrackedNasdaq-100 Top 30 Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume455,756
30 Day Avg. Volume210,312
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
38.96Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QTOP Summary
The iShares Nasdaq Top 30 Stocks ETF (QTOP) tracks the Nasdaq-100 Top 30 Index, focusing on 30 of the largest and most influential companies listed on the Nasdaq. It is heavily invested in U.S. technology and communication firms, with big names like Apple, Microsoft, Nvidia, Amazon, and Alphabet among its top holdings. Someone might consider QTOP if they want simple, one-stop exposure to many leading growth companies in a single fund. A key risk is that it is highly concentrated in tech-related stocks, so its price can rise and fall sharply with swings in the technology sector and overall market.
How much will it cost me?The iShares Nasdaq Top 30 Stocks ETF (QTOP) has an expense ratio of 0.2%, meaning you’ll pay $2 per year for every $1,000 invested. This cost is lower than average for actively managed funds because QTOP tracks a specific index, making it more efficient to manage.
What would affect this ETF?The iShares Nasdaq Top 30 Stocks ETF (QTOP) could benefit from continued growth in the technology sector, which makes up the majority of its holdings, as well as innovation-driven companies like Nvidia and Apple. However, it may face challenges if interest rates rise, potentially impacting valuations of high-growth stocks, or if regulatory scrutiny increases on major tech firms. Economic conditions in the U.S., where the ETF is geographically focused, will also play a key role in its performance.
QTOP Top 10 Holdings
QTOP is leaning heavily into U.S. Big Tech and chipmakers, with a tech-centric lineup that really sets the tone. Nvidia and Microsoft, once the star engines, have been more mixed lately, while Apple and Meta are clearly losing steam and acting as a drag. On the brighter side, Alphabet’s twin share classes have been rising and helping to pull the fund forward, and Micron has been a standout, giving the semiconductor theme an extra boost. Overall, performance is driven by a concentrated cluster of U.S. mega-cap tech names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 12.32% | $33.21M | $4.57T | 39.78% | 76 Outperform | |
| Apple | 10.44% | $28.15M | $3.88T | 6.12% | 79 Outperform | |
| Microsoft | 7.88% | $21.26M | $2.97T | -2.39% | 79 Outperform | |
| Amazon | 6.00% | $16.17M | $2.20T | -5.41% | 71 Outperform | |
| Alphabet Class A | 4.89% | $13.19M | $3.67T | 68.57% | 85 Outperform | |
| Meta Platforms | 4.63% | $12.47M | $1.63T | -4.08% | 76 Outperform | |
| Alphabet Class C | 4.55% | $12.26M | $3.67T | 67.18% | 82 Outperform | |
| Tesla | 4.38% | $11.80M | $1.54T | 21.91% | 73 Outperform | |
| Broadcom | 3.77% | $10.18M | $1.58T | 52.74% | 76 Outperform | |
| Micron | 3.69% | $9.96M | $473.78B | 333.20% | 79 Outperform |
QTOP Technical Analysis
Neutral
―
Price Trends
32.00
Negative
31.87
Negative
30.11
Positive
Market Momentum
-0.28
Positive
46.94
Neutral
52.53
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QTOP, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 31.82, equal to the 50-day MA of 32.00, and equal to the 200-day MA of 30.11, indicating a neutral trend. The MACD of -0.28 indicates Positive momentum. The RSI at 46.94 is Neutral, neither overbought nor oversold. The STOCH value of 52.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for QTOP.
QTOP Peer Comparison
Comparison Results
Performance Comparison
QTOP
iShares Nasdaq Top 30 Stocks ETF
31.48
5.26
20.06%
EFIV
SPDR S&P 500 ESG ETF
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VOTE
Engine No. 1 Transform 500 ETF
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QQQJ
Invesco NASDAQ Next Gen 100 ETF
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NBCR
Neuberger Berman Core Equity ETF
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ONEY
SPDR Russell 1000 Yield Focus 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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