QTOP vs. TOPT
Compare and contrast key facts about iShares Nasdaq Top 30 Stocks ETF (QTOP) and iShares Top 20 U.S. Stocks ETF (TOPT).
QTOP and TOPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QTOP is a passively managed fund by iShares that tracks the performance of the Nasdaq-100 Top 30 Index. It was launched on Oct 23, 2024. TOPT is a passively managed fund by iShares that tracks the performance of the S&P 500 Top 20 Select Index. It was launched on Nov 23, 2024. Both QTOP and TOPT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QTOP or TOPT.
Correlation
The correlation between QTOP and TOPT is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QTOP vs. TOPT - Performance Comparison
Key characteristics
QTOP:
30.68%
TOPT:
28.18%
QTOP:
-23.28%
TOPT:
-21.21%
QTOP:
-11.42%
TOPT:
-10.50%
Returns By Period
The year-to-date returns for both stocks are quite close, with QTOP having a -7.20% return and TOPT slightly lower at -7.27%.
QTOP
-7.20%
13.47%
-1.52%
N/A
N/A
N/A
TOPT
-7.27%
12.28%
-1.57%
N/A
N/A
N/A
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QTOP vs. TOPT - Expense Ratio Comparison
Both QTOP and TOPT have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
QTOP vs. TOPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Top 30 Stocks ETF (QTOP) and iShares Top 20 U.S. Stocks ETF (TOPT). 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.
Not enough dataDividends
QTOP vs. TOPT - Dividend Comparison
QTOP's dividend yield for the trailing twelve months is around 0.23%, more than TOPT's 0.19% yield.
| TTM | 2024 | |
|---|---|---|
QTOP iShares Nasdaq Top 30 Stocks ETF | 0.23% | 0.11% |
TOPT iShares Top 20 U.S. Stocks ETF | 0.19% | 0.08% |
Drawdowns
QTOP vs. TOPT - Drawdown Comparison
The maximum QTOP drawdown since its inception was -23.28%, which is greater than TOPT's maximum drawdown of -21.21%. Use the drawdown chart below to compare losses from any high point for QTOP and TOPT. For additional features, visit the drawdowns tool.
Volatility
QTOP vs. TOPT - Volatility Comparison
iShares Nasdaq Top 30 Stocks ETF (QTOP) has a higher volatility of 14.22% compared to iShares Top 20 U.S. Stocks ETF (TOPT) at 13.10%. This indicates that QTOP's price experiences larger fluctuations and is considered to be riskier than TOPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.