iShares Top 20 U.S. Stocks ETF (TOPT)Large Blend | Exchange Traded Fund | NYSEArca
33.53 USD
+0.34
(1.024%)
⇧
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:14 a.m. EDT
The iShares Top 20 U.S. Stocks ETF presents a classic case of a high-beta leveraged bet on mega-cap dominance that is currently stuck in a volatility trap. Fundamentally, the instrument is neutral; it holds 16% in NVIDIA alone, meaning its performance is entirely tethered to the fortunes of a single chipmaker, yet the price history shows no multi-year structural decline or sustained growth trajectory to justify a bullish long-term rating. The recent price action is a sideways grind, trading within a tight range with minimal momentum to drive a short-term entry. The options market confirms this uncertainty, with traders pricing in a potential 'event' that could send the fund soaring or crashing, but offering little conviction on which way it will go right now. The dividend yield is negligible at 0.38%, providing no income buffer. Until the concentration risk in NVIDIA resolves or the broader mega-cap trend shifts decisively, this remains a hold with no clear edge. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.034045 |
| MSTL | 0.037049 |
| AutoETS | 0.041175 |
| AutoARIMA | 0.042233 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 0.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.254 |
| Excess Kurtosis | -1.17 |
| Attribute | Value |
|---|---|
| Trailing P/E | 29.95 |
As of July 11, 2026, 5:14 a.m. EDT: Speculators are positioning for significant volatility rather than a specific directional breakout. Call open interest is heavily skewed out-of-the-money (OTM) at strikes like $35 and $40, suggesting bets on a sharp rally, while put open interest clusters deep OTM at $26-$31, indicating hedging against a crash. The massive disparity in implied volatility (IV) between the July expiration (0.80 ATM IV for puts vs 0.37 for calls) and the November expiration (0.01 ATM IV for puts) reveals a 'long gamma' environment where traders expect a binary event to occur before mid-year, creating a flat, choppy path in the interim.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.10% | 0.41% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-15 | 0.035 | 0.104446 |
| 2026-03-17 | 0.029 | 0.097841 |
| 2025-12-16 | 0.032 | 0.103292 |
| 2025-09-16 | 0.031 | 0.103127 |
| 2025-06-16 | 0.030 | 0.113507 |
| 2025-03-18 | 0.025 | 0.105263 |
| 2024-12-17 | 0.020 | 0.074460 |
| Attribute | Value |
|---|---|
| All Time High | 34.475 |
| All Time Low | 20.39 |
| Ask | 0.0 |
| Ask Size | 9,800 |
| Average Daily Volume10 Day | 288,460 |
| Average Daily Volume3 Month | 361,729 |
| Average Volume | 361,729 |
| Average Volume10Days | 288,460 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 1,300 |
| Category | Large Blend |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.56 |
| Day Low | 33.2 |
| Dividend Yield | 0.38 |
| Eps Trailing Twelve Months | 1.1193675 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 33.2508 |
| Fifty Day Average Change | 0.2791977 |
| Fifty Day Average Change Percent | 0.0083967205 |
| Fifty Two Week Change Percent | 19.9494 |
| Fifty Two Week High | 34.475 |
| Fifty Two Week High Change | -0.9449997 |
| Fifty Two Week High Change Percent | -0.02741116 |
| Fifty Two Week Low | 27.54 |
| Fifty Two Week Low Change | 5.989998 |
| Fifty Two Week Low Change Percent | 0.21750173 |
| Fifty Two Week Range | 27.54 - 34.475 |
| First Trade Date Milliseconds | 1,729,776,600,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | iShares |
| Fund Inception Date | 1,729,641,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index measures the performance of the 20 largest U.S. companies by float-adjusted market capitalization within the S&P 500®. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified. |
| Long Name | iShares Top 20 U.S. Stocks ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1893492811 |
| Nav Price | 33.51258 |
| Net Assets | 657,249,340.0 |
| Net Expense Ratio | 0.2 |
| Open | 33.33 |
| Phone | 415-670-2000 |
| Pre Market Change | 0.15000153 |
| Pre Market Change Percent | 0.44736513 |
| Pre Market Price | 33.68 |
| Pre Market Time | 1,784,107,803 |
| Previous Close | 33.19 |
| Price Hint | 2 |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.34 |
| Regular Market Change Percent | 1.02441 |
| Regular Market Day High | 33.56 |
| Regular Market Day Low | 33.2 |
| Regular Market Day Range | 33.2 - 33.56 |
| Regular Market Open | 33.33 |
| Regular Market Previous Close | 33.19 |
| Regular Market Price | 33.53 |
| Regular Market Time | 1,784,059,200 |
| Regular Market Volume | 473,829 |
| Short Name | iShares Top 20 U.S. Stocks ETF |
| Source Interval | 15 |
| Symbol | TOPT |
| Total Assets | 657,249,344 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 29.954416 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 15.25371 |
| Trailing Three Month Returns | 15.25371 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.2502 |
| Two Hundred Day Average Change | 2.2797985 |
| Two Hundred Day Average Change Percent | 0.07295308 |
| Type Disp | ETF |
| Volume | 473,829 |
| Yield | 0.0038 |
| Ytd Return | 5.72849 |