Blackrock's latest three new ETFs, aimed at helping investors diversify the risk of large cap stocks in the USA. Blackrock stated that two of the ETFs are designed to provide exposure to large companies, while the other one is tailored to hedge against exposure to these companies. The launch of the new ETFs comes at a time when investors are concerned about the overweighting of large-cap tech stocks and the outsized role they have played in driving the current two-year bull market in US stocks.
Blackrock's iShares US Head Rachel Aguirre stated in a declaration: 'The benefits of these ETFs are that investors can use them to invest more targetedly in mega cap stocks, as well as to diversify their investments in large companies.' These three ETFs are respectively:
TOPT, investing in the 20 largest US companies by market cap in the S&P 500 index
The iShares Top 20 U.S. Stocks ETF aims to track the investment results of an index composed of the 20 largest U.S. companies in the S&P 500 index by market capitalization.
QTOP, investing in the 30 largest companies by market cap in the Nasdaq 100 Index
iShares Nasdaq Top 30 Stocks ETF aims to track the investment results of an index composed of the 30 largest companies by market cap in the Nasdaq 100 Index.
- ETF holding stocks: 30
- Top five holdings: Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Broadcom (AVGO), Element Platform (META)
ETF fees: 0.20%
QNXT - Investing in the Nasdaq 100 index from the 31st to the 100th largest companies by market cap
The iShares Nasdaq-100 ex Top 30 ETF aims to track the performance of the index composed of the largest companies ranked 31st to 100th by market cap in the Nasdaq 100 index. The article is sourced from US Stocks Home | US Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment -https://www.mg21.com/topt.html