iShares Nasdaq-100 ex Top 30 ETF (QNXT) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
iShares Nasdaq-100 ex Top 30 ETF (QNXT) trades at $32.14. 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… Market cap: $28.9M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst 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. In the absence of analyst consensus, our AI model evaluates QNXT against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
QNXT: 1/3 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →iShares Nasdaq-100 ex Top 30 ETF (QNXT) Financial Services Profile
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.
What Is the Investment Thesis for QNXT?
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
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 $28.9M, 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 | AI Score |
|---|---|---|---|---|
| ALIL Argent Focused Small Cap ETF | $31.35 | -1.60% | $27.1M | 44 |
| DFVE DoubleLine Fortune 500 Equal Weight ETF | $37.03 | -0.85% | $20.1M | 49 |
| FMKT The Free Markets ETF | $22.41 | -0.93% | $19.3M | 44 |
| LTL ProShares - Ultra Communication Services | $24.00 | -0.60% | $13.2M | 42 |
| MARZ TrueShares Structured Outcome (March) ETF | $37.20 | -0.65% | $17.5M | 44 |
| BCG Binah Capital Group, Inc. | $1.40 | +0.72% | $23.5M | 78 |
| EEA The European Equity Fund, Inc. | $11.15 | -0.59% | $74.7M | 67 |
| HNNA Hennessy Advisors, Inc. | $9.89 | -1.30% | $78.2M | 81 |
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 Could Drive QNXT Stock Higher?
Growth of constituent companies within the Nasdaq-100.
- Increased investor demand for thematic ETFs.
- Potential inclusion of new, innovative companies in the Nasdaq-100.
- Strategic partnerships with financial advisors to expand reach.
- Development and launch of ESG-focused variants of QNXT.
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 the Growth Opportunities for QNXT?
- Increased Adoption of Thematic ETFs: The increasing popularity of thematic ETFs, which focus on specific investment themes or sectors, presents a growth opportunity for QNXT. As investors seek targeted exposure to specific segments of the market, QNXT's focus on the mid-cap segment of the Nasdaq-100 could attract greater interest. The global thematic ETF market is projected to reach $400 billion by 2028, offering a substantial runway for growth. Timeline: Ongoing.
- Expansion of the Nasdaq-100: As the Nasdaq-100 continues to evolve and incorporate new, innovative companies, QNXT stands to benefit from the inclusion of these companies in its tracked index. The growth and diversification of the Nasdaq-100 will directly translate into QNXT's portfolio, enhancing its growth potential. The Nasdaq-100 has historically demonstrated strong growth, driven by the technology sector. Timeline: Ongoing.
- Strategic Partnerships with Financial Advisors: Collaborating with financial advisors and wealth management firms can significantly expand QNXT's reach and distribution. By educating advisors about the benefits of QNXT's targeted exposure to mid-cap growth companies, the ETF can gain increased visibility and adoption among retail investors. Strategic partnerships can be established within the next year. Timeline: Upcoming.
- Development of ESG-Focused Variants: Creating ESG (Environmental, Social, and Governance) focused variants of QNXT can attract a growing segment of socially responsible investors. By incorporating ESG criteria into the index selection process, QNXT can cater to the increasing demand for sustainable investment options. The ESG ETF market is projected to reach $1 trillion by 2027. Timeline: Upcoming.
- International Expansion: Expanding the availability of QNXT to international markets can unlock new sources of growth. By listing the ETF on foreign exchanges and marketing it to international investors, QNXT can tap into a broader pool of capital. The global ETF market is experiencing rapid growth, particularly in emerging markets. Timeline: Upcoming.
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.
iShares Nasdaq-100 ex Top 30 ETF (QNXT) Valuation Context
Valued at $28.9M, QNXT is classified as a micro-cap stock.
Key Financial Metrics
Return on equity for iShares Nasdaq-100 ex Top 30 ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. QNXT trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
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 · August 2026
QNXT Latest News
No recent news available for QNXT.
QNXT Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for QNXT.
Price Targets
Wall Street price target analysis for QNXT.
QNXT MoonshotScore
What does this score mean?
The MoonshotScore rates QNXT 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
What Investors Ask About iShares Nasdaq-100 ex Top 30 ETF (QNXT) — Financial Services
What does iShares Nasdaq-100 ex Top 30 ETF do?
The iShares Nasdaq-100 ex Top 30 ETF (QNXT) is designed to track the investment results of an index composed of the 31st to 100th largest companies by market capitalization within the Nasdaq-100 Index. This ETF provides investors with targeted exposure to the mid-cap segment of the Nasdaq-100, excluding the index's top 30 largest constituents.
What are the main risks for QNXT?
The primary risks for QNXT include market fluctuations, sector-specific downturns, and changes in investor sentiment. As an ETF focused on the technology-heavy Nasdaq-100, QNXT is particularly vulnerable to downturns in the technology sector. Additionally, the ETF's performance is dependent on the growth and performance of its constituent companies, which are typically in a phase of expansion and innovation.
What are the key factors to evaluate for QNXT?
Evaluate QNXT on fundamentals, analyst consensus, and risk factors. QNXT presents a targeted investment opportunity within the Nasdaq-100, focusing on companies ranked 31st to 100th by market capitalization. Not financial advice.
How frequently does QNXT data refresh on this page?
QNXT's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven QNXT's recent stock price performance?
iShares Nasdaq-100 ex Top 30 ETF (QNXT) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Targeted exposure to the mid-cap segment of the Nasdaq-100. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider QNXT overvalued or undervalued right now?
iShares Nasdaq-100 ex Top 30 ETF (QNXT) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research QNXT before investing?
Before investing in iShares Nasdaq-100 ex Top 30 ETF (QNXT), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding QNXT to a portfolio?
Key strength of iShares Nasdaq-100 ex Top 30 ETF (QNXT): Targeted exposure to the mid-cap segment of the Nasdaq-100. Weigh rewards against risks and diversify. Not financial advice.
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
Data provided for informational purposes only.
- AI analysis pending for QNXT, limiting the depth of available insights.
- Financial data based on available information as of 2026-03-16.