QTOP vs. IQQ
QTOP (iShares Nasdaq Top 30 Stocks ETF) and IQQ (iShares Nasdaq 100 ETF) are both Nasdaq-100 funds from iShares - QTOP tracks the Nasdaq-100 Top 30 Index while IQQ tracks the NASDAQ-100 Index. Both are passively managed. Their 0.98 correlation means they have historically moved very closely together. QTOP charges 0.20%/yr vs 0.10%/yr for IQQ.
Performance
QTOP vs. IQQ - Performance Comparison
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Returns By Period
QTOP
- 1D
- 0.76%
- 1M
- -3.71%
- 6M
- 10.80%
- YTD
- 12.29%
- 1Y
- 26.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 23.79%
IQQ
- 1D
- 0.61%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $29.72M | $37.50M | $37.50M | |
| $6.40M | $5.80M | $7.08M |
QTOP vs. IQQ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
QTOP iShares Nasdaq Top 30 Stocks ETF | -3.94% |
IQQ iShares Nasdaq 100 ETF | -4.63% |
Correlation
The correlation between QTOP and IQQ is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026 | 0.98 |
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Return for Risk
QTOP vs. IQQ — Risk / Return Rank
QTOP
IQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTOP vs. IQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Top 30 Stocks ETF (QTOP) and iShares Nasdaq 100 ETF (IQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QTOP | IQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.20 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | — | — |
| Martin ratioReturn relative to average drawdown | 5.58 | — | — |
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Drawdowns
QTOP vs. IQQ - Drawdown Comparison
The maximum QTOP drawdown since its inception was -23.28%, which is greater than IQQ's maximum drawdown of -8.80%. Use the drawdown chart below to compare losses from any high point for QTOP and IQQ.
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Drawdown Indicators
| QTOP | IQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.28% | -8.80% | -14.48% |
Max Drawdown (1Y)Largest decline over 1 year | -13.02% | — | — |
Current DrawdownCurrent decline from peak | -8.69% | -5.21% | -3.48% |
Average DrawdownAverage peak-to-trough decline | -3.93% | -3.69% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | — | — |
Volatility
QTOP vs. IQQ - Volatility Comparison
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Volatility by Period
| QTOP | IQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.33% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.01% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.39% | 23.03% | -1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.79% | 23.03% | +0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.79% | 23.03% | +0.76% |
QTOP vs. IQQ - Expense Ratio Comparison
QTOP has a 0.20% expense ratio, which is higher than IQQ's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QTOP vs. IQQ - Dividend Comparison
QTOP's dividend yield for the trailing twelve months is around 0.35%, while IQQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IQQ iShares Nasdaq 100 ETF | 0.00% | 0.00% | 0.00% |
QTOP iShares Nasdaq Top 30 Stocks ETF | 0.35% | 0.38% | 0.11% |
Frequently Asked Questions
With a correlation of 0.98, QTOP and IQQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQ is cheaper with a 0.10% expense ratio, compared with 0.20% for QTOP.
QTOP has the higher dividend yield at 0.35%, compared with 0.00% for IQQ.
QTOP tracks Nasdaq-100 Top 30 Index, while IQQ tracks NASDAQ-100 Index. Their fees differ too: 0.20% for QTOP and 0.10% for IQQ.
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