Markets· August 16, 2026 at 02:00 p.m.
Unveiling the Most Concentrated U.S. Stock ETF: iShares Top 20 U.S. Stocks ETF (TOPT)
Key takeaways
- TOPT represents nearly half of the S&P 500 Index's total market capitalization
- The top four companies in TOPT's portfolio comprise 50% of its total weight
- Technology, Communication Services, and Consumer Discretionary sectors make up roughly three-quarters of TOPT's portfolio
The iShares Top 20 U.S. Stocks ETF (TOPT) is a lesser-known fund designed to capture market performance by focusing on the largest enterprise leaders in the U.S. market, representing nearly half of the S&P 500 Index's total market capitalization. Despite its underperformance compared to more established funds like SPDR S&P 500 Trust ETF (SPY) and Invesco QQQ ETF (QQQ), TOPT offers a concentrated portfolio that could be an attractive option for investors betting on mega-cap stocks.
