QNXT

iShares Nasdaq-100 ex Top 30 ETF

$27.08

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) seeks to track the performance of the Nasdaq-100 Index, excluding the 30 largest components of the index.

Overview

ETF tracking iShares Nasdaq-100 ex Top 30 ETF

Category Technology

Issuer BlackRock

Inception Date 2024-10-24

Market Cap $18.4M

Average Volume N/A

Dividend Yield 0.62%

52-Week Range $20.80 - $28.63

VWAP $27.07

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) seeks to track the performance of the Nasdaq-100 Index, excluding the 30 largest components of the index.

🎯 Investment Strategy

The fund invests in a representative sample of the securities included in the Nasdaq-100 Index, excluding the top 30 largest companies. This strategy aims to provide exposure to the Nasdaq-100 Index while reducing concentration risk in the largest companies.

✨ Key Features

Exposure to the Nasdaq-100 Index, excluding the top 30 largest companies
Potentially lower concentration risk compared to the full Nasdaq-100 Index
Passively managed, index-tracking fund
Low expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the fund's shares will fluctuate with changes in the stock market
Sector concentration risk: The fund's performance may be more volatile due to its focus on the technology sector
Liquidity risk: The fund may have difficulty trading some of its holdings at an advantageous time or price
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The iShares Nasdaq-100 ex Top 30 ETF may be suitable for investors seeking broad exposure to the Nasdaq-100 Index with potentially lower concentration risk in the largest companies. It may be appropriate as a core technology or growth allocation within a diversified portfolio.