If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the iShares Nasdaq Top 30 Stocks ETF (QTOP Quick QuoteQTOP - Free Report) , a passively managed exchange traded fund launched on October 24, 2024.

The fund is sponsored by Blackrock. It has amassed assets over $291.84 million, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market.

Why Large Cap Growth

Large cap companies typically have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts.

Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Additionally, growth stocks have a greater level of risk associated with them. They are likely to outperform value stocks in strong bull markets but over the longer-term, value stocks have delivered better returns than growth stocks in almost all markets.

Costs

When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.

Annual operating expenses for this ETF are 0.2%, making it one of the cheaper products in the space.

It has a 12-month trailing dividend yield of 0.33%.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation to the Information Technology sector -- about 66.9% of the portfolio. Telecom and Consumer Discretionary round out the top three.

Looking at individual holdings, Nvidia Corp (NVDA) accounts for about 10.65% of total assets, followed by Apple Inc (AAPL) and Micron Technology Inc (MU).

The top 10 holdings account for about 59.92% of total assets under management.

Performance and Risk

QTOP seeks to match the performance of the NASDAQ-100 TOP 30 INDEX before fees and expenses. The Nasdaq-100 Top 30 Index composes of the 30 largest companies by market capitalization within the Nasdaq 100 Index.

The ETF return is roughly 19.13% so far this year and is up roughly 26.78% in the last one year (as of 08/18/2026). In the past 52-week period, it has traded between $28.86 and $39.26.

The ETF has a beta of 1.41 and standard deviation of 23.31% for the trailing three-year period. With about 35 holdings, it has more concentrated exposure than peers.

Alternatives

iShares Nasdaq Top 30 Stocks ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, QTOP is a great option for investors seeking exposure to the Style Box - Large Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well.

The Vanguard Morningstar Growth ETF (VUG) and the Invesco QQQ (QQQ) track a similar index. While Vanguard Morningstar Growth ETF has $229.04 billion in assets, Invesco QQQ has $496.97 billion. VUG has an expense ratio of 0.03% and QQQ charges 0.18%.

Bottom-Line

An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.