QTOP vs. NBIS
QTOP (iShares Nasdaq Top 30 Stocks ETF) is Nasdaq-100 fund tracking the Nasdaq-100 Top 30 Index, while NBIS (Nebius Group N.V.) is a stock. Over the past year, QTOP returned 41.42% vs 393.02% for NBIS. At a 0.46 correlation, their price movements are largely independent.
Performance
QTOP vs. NBIS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QTOP achieves a 18.39% return, which is significantly lower than NBIS's 177.59% return.
QTOP
- 1D
- 0.53%
- 1M
- 0.35%
- YTD
- 18.39%
- 6M
- 19.40%
- 1Y
- 41.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBIS
- 1D
- 4.55%
- 1M
- 5.65%
- YTD
- 177.59%
- 6M
- 164.98%
- 1Y
- 393.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTOP vs. NBIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QTOP iShares Nasdaq Top 30 Stocks ETF | 18.39% | 22.19% | 6.25% |
NBIS Nebius Group N.V. | 177.59% | 202.18% | 61.42% |
Correlation
The correlation between QTOP and NBIS is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2024 | 0.46 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QTOP vs. NBIS — Risk / Return Rank
QTOP
NBIS
QTOP vs. NBIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Top 30 Stocks ETF (QTOP) and Nebius Group N.V. (NBIS). 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 | NBIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.42 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 8.03 | -4.93 |
| Martin ratioReturn relative to average drawdown | 11.09 | 18.34 | -7.25 |
Loading charts...
Drawdowns
QTOP vs. NBIS - Drawdown Comparison
The maximum QTOP drawdown since its inception was -23.28%, smaller than the maximum NBIS drawdown of -58.27%. Use the drawdown chart below to compare losses from any high point for QTOP and NBIS.
Loading charts...
Drawdown Indicators
| QTOP | NBIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.28% | -58.27% | +34.99% |
Max Drawdown (1Y)Largest decline over 1 year | -12.88% | -45.47% | +32.59% |
Current DrawdownCurrent decline from peak | -3.73% | -12.15% | +8.42% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -18.94% | +15.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 19.86% | -16.27% |
Volatility
QTOP vs. NBIS - Volatility Comparison
The current volatility for iShares Nasdaq Top 30 Stocks ETF (QTOP) is 7.92%, while Nebius Group N.V. (NBIS) has a volatility of 30.23%. This indicates that QTOP experiences smaller price fluctuations and is considered to be less risky than NBIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QTOP | NBIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 30.23% | -22.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.13% | 71.43% | -56.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.65% | 104.41% | -85.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.12% | 110.20% | -87.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.12% | 110.20% | -87.08% |
Dividends
QTOP vs. NBIS - Dividend Comparison
QTOP's dividend yield for the trailing twelve months is around 0.33%, while NBIS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NBIS Nebius Group N.V. | 0.00% | 0.00% | 0.00% |
QTOP iShares Nasdaq Top 30 Stocks ETF | 0.33% | 0.38% | 0.11% |
Frequently Asked Questions
QTOP and NBIS have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NBIS has higher volatility (30.23%) compared to QTOP (7.92%). In terms of maximum drawdown, QTOP dropped -23.28% vs NBIS's -58.27%.
NBIS currently has the higher Sharpe Ratio (3.50 vs 2.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for QTOP and NBIS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer