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iShares Nasdaq-100 ex Top 30 ETF (QNXT) Fund Overview

Educational signal · not a buy or sell recommendation · How to read this

$31.03 +$0.0687 (+0.22%)
Vol: 2.7K|

Beta 1.14: the stock has moved about 14% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

iShares Nasdaq-100 ex Top 30 ETF (QNXT) trades at $31.03. Sector: Financials.

Price as of · Last analyzed: Mar 16, 2026
The iShares Nasdaq-100 ex Top 30 ETF (QNXT) aims to mirror the investment outcomes of an index comprising the 31st to 100th largest companies, ranked by market capitalization, within the Nasdaq-100. This ETF provides targeted exposure to a segment of the Nasdaq-100, excluding its largest constituents.

Analyst Coverage for QNXT: QNXT does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the QNXT film Every key number, told as a short cinematic story — just press play. ~2 min

iShares Nasdaq-100 ex Top 30 ETF (QNXT) Financial Services Profile

IPO Year2024

iShares Nasdaq-100 ex Top 30 ETF (QNXT) offers investors focused exposure to the mid-cap segment of the Nasdaq-100, excluding the top 30 largest companies. With a beta of 1.14 and no dividend yield, QNXT provides a specific investment strategy within the broader asset management landscape, tracking the performance of innovative growth-oriented companies.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for QNXT?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

QNXT presents a targeted investment opportunity within the Nasdaq-100, focusing on companies ranked 31st to 100th by market capitalization. With a beta of 1.14, the ETF exhibits slightly higher volatility compared to the broader market. The absence of a dividend yield may deter income-focused investors, but the fund's potential for capital appreciation through growth-oriented companies remains a key value driver. The primary catalyst for QNXT lies in the growth potential of its constituent companies, which are typically in a phase of expansion and innovation. However, potential risks include market fluctuations and sector-specific downturns that could disproportionately affect the fund's performance. Investors may want to evaluate QNXT as a strategic tool for targeted exposure to mid-cap growth within the technology sector, while acknowledging the inherent risks associated with market volatility and sector concentration.

Based on FMP financials and quantitative analysis

QNXT Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

QNXT tracks the investment results of the 31st - 100th largest companies by market capitalization within the Nasdaq-100 Index.

  • The ETF has a market capitalization of $0.02 billion, indicating its size and scope within the asset management landscape.
  • QNXT exhibits a beta of 1.14, suggesting slightly higher volatility compared to the overall market.
  • The ETF does not offer a dividend yield, focusing instead on capital appreciation through growth-oriented companies.
  • QNXT provides targeted exposure to the mid-cap segment of the Nasdaq-100, excluding the top 30 largest companies.

Who Are QNXT's Competitors?

QNXT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
ALIL Argent Focused Small Cap ETF $30.85 +1.41% $26.7M —
DFVE DoubleLine Fortune 500 Equal Weight ETF $35.17 +0.31% $19.1M —
FMKT The Free Markets ETF $21.93 +0.92% $18.9M —
LTL ProShares - Ultra Communication Services $23.54 +0.58% $13.0M —
MARZ TrueShares Structured Outcome (March) ETF $37.45 +0.60% $17.6M —
BLK BlackRock, Inc. $1059.63 -0.44% $164B 51 5-pillar
BX Blackstone Inc. $111.74 -0.45% $135B 68 5-pillar
APOS Apollo Global Management, Inc. $25.59 -0.23% $74.8B 56 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are QNXT's Key Strengths?

Targeted exposure to the mid-cap segment of the Nasdaq-100.

  • Low expense ratio compared to actively managed funds.
  • Diversified portfolio of stocks within the index.
  • Managed by BlackRock, a leading global asset manager.

What Are QNXT's Weaknesses?

Lack of dividend yield may deter income-focused investors.

  • Concentration in the technology sector.
  • Vulnerability to market fluctuations and sector-specific downturns.
  • Beta of 1.14 indicates slightly higher volatility.

What Are the Key Risks for QNXT?

Market fluctuations and economic downturns.

  • Sector-specific risks affecting the technology industry.
  • Changes in investor sentiment and preferences.
  • Competition from other ETFs tracking the Nasdaq-100.
  • Regulatory changes impacting the ETF industry.

What Are QNXT's Competitive Advantages?

  • Brand recognition and reputation of iShares as a leading ETF provider.
  • Low-cost structure compared to actively managed funds.
  • Diversified portfolio of stocks within the Nasdaq-100's mid-cap segment.

What Does QNXT Do?

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) is designed to replicate the investment performance of an index composed of the 31st to 100th largest companies by market capitalization within the Nasdaq-100 Index. Established to offer investors a more targeted exposure to the Nasdaq-100, QNXT excludes the index's top 30 largest constituents, providing a unique investment strategy focused on mid-sized growth companies. This ETF allows investors to participate in the potential growth of innovative companies that are not necessarily the mega-cap leaders of the Nasdaq-100. QNXT's investment approach involves holding a diversified portfolio of stocks that meet the index's criteria. The fund's performance is directly linked to the collective performance of these mid-sized companies, making it a valuable tool for investors seeking exposure to a specific segment of the technology-heavy Nasdaq-100. The ETF is managed by BlackRock, a leading global asset manager, ensuring professional oversight and adherence to the fund's stated investment objectives. QNXT's strategy aims to capture the growth potential of companies that have the capacity to become future leaders in their respective industries, offering a differentiated investment opportunity within the asset management sector.

What Products and Services Does QNXT Offer?

  • Tracks the investment results of an index composed of the 31st - 100th largest companies by market capitalization within the Nasdaq-100 Index.
  • Provides targeted exposure to the mid-cap segment of the Nasdaq-100.
  • Excludes the top 30 largest companies in the Nasdaq-100, offering a differentiated investment strategy.
  • Offers investors a way to participate in the potential growth of innovative companies.
  • Manages a diversified portfolio of stocks that meet the index's criteria.
  • Aims to replicate the investment performance of the specified index.

How Does QNXT Make Money?

  • Generates revenue through management fees charged on the assets under management (AUM).
  • Attracts investors seeking targeted exposure to the Nasdaq-100's mid-cap segment.
  • Replicates the performance of an index, providing a passive investment strategy.

What Industry Does QNXT Operate In?

QNXT operates within the asset management industry, specifically focusing on ETFs that track indices. The ETF market has experienced substantial growth, driven by increasing investor demand for diversified, low-cost investment vehicles. QNXT's unique positioning within the Nasdaq-100, excluding the top 30 companies, allows it to cater to investors seeking exposure to mid-sized growth companies. Competitors in this space include other ETFs that track the Nasdaq-100 or similar indices, but QNXT's targeted approach differentiates it within the broader market.

Who Are QNXT's Key Customers?

  • Retail investors seeking diversified exposure to the Nasdaq-100.
  • Institutional investors looking for targeted exposure to mid-cap growth companies.
  • Financial advisors using ETFs as part of their client portfolios.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● Price is current
  • ● No filing on record
  • ● No analyst coverage
  • ● This is an etf, not an operating company

QNXT Financials

Bull Case vs Bear Case

Bull Case

  • Targeted exposure to the mid-cap segment of the Nasdaq-100.
  • Low expense ratio compared to actively managed funds.
  • Diversified portfolio of stocks within the index.
  • Managed by BlackRock, a leading global asset manager.

Bear Case

  • Lack of dividend yield may deter income-focused investors.
  • Concentration in the technology sector.
  • Vulnerability to market fluctuations and sector-specific downturns.
  • Beta of 1.14 indicates slightly higher volatility.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

QNXT Latest News

No recent news available for QNXT.

QNXT Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for QNXT.

Price Targets

Wall Street price target analysis for QNXT.

QNXT MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for QNXT; grades run from A+ (80-100) to F (below 30).

What Investors Ask About iShares Nasdaq-100 ex Top 30 ETF (QNXT) — Financials

What do analysts say about QNXT stock?

Generally, analysts assess ETFs based on their tracking accuracy, expense ratios, and the underlying index's performance. Key valuation metrics for QNXT would include its net asset value (NAV), trading volume, and the performance of its constituent companies.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Financial data based on available information as of 2026-03-16.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis