iShares Nasdaq-100 ex Top 30 ETF
QNXT
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Oct 24, 2024
- Website
- ishares.com
- Similar Companies
- Business
- iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an exchange-traded fund that seeks to track the investment results of an index composed of the 31st to 100th largest companies by market capitalization within the Nasdaq-100 Index; its holdings, numbering approximately 70 to 72 securities, are market-cap weighted and span large-cap equities primarily in technology, industrials, and communication services sectors; the ETF provides passive exposure to these Nasdaq-100 constituents excluding the top 30 mega-caps such as Apple, Microsoft, and Nvidia, targeting investors seeking reduced concentration risk and growth potential from mid-tier Nasdaq innovators. Launched on October 23, 2024, and issued by BlackRock, Inc. under the iShares brand, QNXT is domiciled in the United States with administrative and advisory services provided by BlackRock entities including J.P. Morgan as administrator and custodian; it trades on the NASDAQ exchange under the ticker QNXT and has been listed on additional venues such as Bolsa Mexicana de Valores since April 2025; the fund maintains assets under management of approximately $16 million, a net expense ratio of 0.20%, and quarterly distributions, with the most recent declaration of $0.0613 per share payable December 19, 2025. In late October 2024, BlackRock introduced QNXT alongside two complementary iShares ETFs to enable customized exposure to U.S. large-cap stocks, marking a strategic expansion of its factor-based and index-customization offerings amid investor demand for diversified Nasdaq strategies. The fund has since demonstrated inception-to-date total returns of around 7% to 13% across various periods, reflecting volatility consistent with its growth-oriented holdings; no major acquisitions, funding rounds, or reorganizations have been reported for the ETF itself, though BlackRock continues to evolve its iShares lineup with related UCITS versions launched in early 2025. QNXT serves institutional and retail investors globally, with availability in markets including the United States and Mexico.