QNXT vs QTOP
iShares Nasdaq-100 ex Top 30 ETF vs iShares Nasdaq Top 30 Stocks ETF
Which is better, QNXT or QTOP?
QTOP has been ahead.
QTOP led over 1Y and the full window. QNXT is less concentrated, with 30.2% of the fund in its ten largest positions against 59.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QNXT | QTOP |
|---|---|---|
| Expense Ratio | 0.20%Tie | 0.20%Tie |
| AUM | $28M | $362M |
| Dividend Yield | 0.71% | 0.32% |
| Holdings | 73 | 35 |
| YTD Return | +11.95% | +20.85%Best |
| 1Y Return | +11.64% | +24.48%Best |
| Volatility (annualized) | 15.5%Best | 20.2% |
| Max Drawdown | -22.1%Best | -23.1% |
| $10,000 over 2 years | $12,638 | $15,750Best |
| Top 10 Weight | 30.2%Best | 59.3% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 23, 2024 | Oct 24, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 24, 2024 to Oct 14, 2026 (2 years).
QNXT vs QTOP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
QNXT vs QTOP Performance
iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an ETF from iShares by BlackRock (US) and iShares Nasdaq Top 30 Stocks ETF (QTOP) is an ETF from iShares by BlackRock (US). Over the past year QNXT returned +11.64% while QTOP returned +24.48%. Year to date, QNXT is up 11.95% versus a gain of 20.85% for QTOP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTOP has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 15.5% for QNXT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.1% for QNXT and -23.1% for QTOP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QNXT charges 0.20% per year while QTOP charges 0.20%. On a $10,000 position that is $20 vs $20 annually. On income, QNXT currently yields 0.71% against 0.32% for QTOP.
Holdings Overlap
0.1% of QNXT's money is in holdings QTOP also owns. 0.1% of QTOP's money is in holdings QNXT also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 71 positions we hold weights for in QNXT and 32 in QTOP, against full books of 73 and 35.
What only one of them owns
Our book lists 30 positions for QTOP that do not appear in our book for QNXT (98.7% of the fund), and 63 for QNXT that do not appear in QTOP (89.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QNXT | Weight in QTOP | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.10% | 0.12% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of QNXT and QTOP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QNXT or QTOP?
QNXT has an expense ratio of 0.20% while QTOP charges 0.20%. At the precision these are quoted to, they cost the same.
Which performed better, QNXT or QTOP?
Over the past year QNXT returned +11.64% vs +24.48% for QTOP, so QTOP leads on 1-year performance. Over the longest common window we track (2 years), QNXT annualized +12.42% vs +25.50% for QTOP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QNXT or QTOP?
QTOP has been the more volatile fund at 20.2% annualized versus 15.5% for QNXT. Worst drawdown: QNXT -22.1% vs QTOP -23.1%.
Should I hold both QNXT and QTOP?
QNXT and QTOP have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QNXT or QTOP?
QNXT yields 0.71% while QTOP yields 0.32%, so QNXT currently pays the higher dividend yield.
Is QTOP better than QNXT?
QTOP led over 1Y and the full window. QNXT is less concentrated, with 30.2% of the fund in its ten largest positions against 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.