TOPT vs. QTOP
Compare and contrast key facts about iShares Top 20 U.S. Stocks ETF (TOPT) and iShares Nasdaq Top 30 Stocks ETF (QTOP).
TOPT and QTOP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both TOPT and QTOP 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: TOPT or QTOP.
Correlation
The correlation between TOPT and QTOP 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
TOPT vs. QTOP - Performance Comparison
Key characteristics
TOPT:
28.40%
QTOP:
30.92%
TOPT:
-21.21%
QTOP:
-23.28%
TOPT:
-9.98%
QTOP:
-11.24%
Returns By Period
The year-to-date returns for both stocks are quite close, with TOPT having a -6.73% return and QTOP slightly lower at -7.01%.
TOPT
-6.73%
1.38%
0.26%
N/A
N/A
N/A
QTOP
-7.01%
2.01%
0.26%
N/A
N/A
N/A
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TOPT vs. QTOP - Expense Ratio Comparison
Both TOPT and QTOP 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
TOPT vs. QTOP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Top 20 U.S. Stocks ETF (TOPT) and iShares Nasdaq Top 30 Stocks ETF (QTOP). 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
TOPT vs. QTOP - Dividend Comparison
TOPT's dividend yield for the trailing twelve months is around 0.19%, less than QTOP's 0.23% yield.
| TTM | 2024 | |
|---|---|---|
TOPT iShares Top 20 U.S. Stocks ETF | 0.19% | 0.08% |
QTOP iShares Nasdaq Top 30 Stocks ETF | 0.23% | 0.11% |
Drawdowns
TOPT vs. QTOP - Drawdown Comparison
The maximum TOPT drawdown since its inception was -21.21%, smaller than the maximum QTOP drawdown of -23.28%. Use the drawdown chart below to compare losses from any high point for TOPT and QTOP. For additional features, visit the drawdowns tool.
Volatility
TOPT vs. QTOP - Volatility Comparison
The current volatility for iShares Top 20 U.S. Stocks ETF (TOPT) is 15.66%, while iShares Nasdaq Top 30 Stocks ETF (QTOP) has a volatility of 16.69%. This indicates that TOPT experiences smaller price fluctuations and is considered to be less risky than QTOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.