Should iShares Top 20 U.S. Stocks ETF (TOPT) Be on Your Investing Radar?

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the iShares Top 20 U.S. Stocks ETF (TOPT) is a passively managed exchange traded fund launched on October 23, 2024.

Zacks Investment Research • Nov 18, 2025

From S&P 500 To MGC To TOPT: Where The Lean Strategy Breaks

The iShares Top 20 U.S. Stocks ETF offers extreme concentration in mega caps, diverging sharply from both MGC and SPY sector allocations. TOPT's high concentration amplifies both potential returns and risks, making it more sensitive to price changes and less diversified than MGC or SPY. While TOPT has recently outperformed due to mega-cap strength, its structure is more suitable for tactical, bullish stances on top holdings rather than core portfolios.

Seeking Alpha • Nov 18, 2025

Apple Falls After iPhone 17 Launch: What Lies Ahead for ETFs?

Apple's muted iPhone 17 launch weighs on shares, but ETFs like IYW, FTEC, TOPT, XLK and VGT offer diversified exposure.

Zacks Investment Research • Sep 10, 2025

TOPT: The S&P 500 Acts More Like A 20-Stock Index, This ETF Proves It

The S&P 500 is acting more like a 20-50 stock index all the time. I think it's time investors take notice of that. While TOPT, an iShares ETF that launched last year, is a good way to investing in the 20 largest S&P 500 stocks, it is also a nice stock scouting tool. I introduce here some of my ongoing research into the topic of "do we really need to own a 500-stock index?"

Seeking Alpha • Sep 3, 2025

Portfolio Positioning For An Uncertain Market With Next Gen Investors

Rob Isbitts from Sungarden Investors Club talks again to analysts Julia Ostian, Jack Bowman, and Kenio Fontes. Market risks are rising as valuations stretch, yield curves steepen, and concentration in mega-cap tech increases vulnerability.

Seeking Alpha • Sep 3, 2025

TOPT: The Top 20 Strategy Is Winning, More Upside Ahead

I maintain my buy rating on iShares Top 20 U.S. Stocks ETF, as its focus on the largest U.S. stocks continues to deliver outperformance versus the S&P 500. TOPT's concentrated exposure to mega-cap tech and diversified large caps positions it for strong returns in bullish markets and resilience in downturns. The fund's low expense ratio, reasonable valuation, and accessible share price make it an attractive vehicle for high-risk tolerance investors seeking large-cap growth.

Seeking Alpha • Aug 13, 2025

TOPT: Elevated Tech Exposure During Elevated Risks

TOPT offers concentrated exposure to the U.S. equity market by picking the largest 20 companies based on market cap. While an aggressive approach like this may be justified in bull markets in general, current risks make the fund too risky to hold. Amid a weakening labor market and inflationary pressure threats, the current market optimism creates vulnerability for investors, and buying or adding to TOPT is not warranted.

Seeking Alpha • Jun 11, 2025

TOPT: Historical Outperformance Can Continue

The iShares Top 20 U.S. Stocks ETF offers concentrated exposure to the largest U.S. companies. TOPT has delivered strong performance thus far and has realized modestly higher levels of volatility than broad-based indexes. I am bullish on a number of TOPT's largest holdings.

Seeking Alpha • Jun 10, 2025

TOPT: A Lesser-Known S&P Top 20 ETF With A Strong Upside Potential

iShares Top 20 U.S. Stocks ETF offers exposure to the 20 greatest S&P 500 companies, with a low expense ratio and moderate risk. The top 20 S&P 500 companies contributed 60% to the index's returns over the last five years, making TOPT an attractive investment. The recent market selloff presents a buying opportunity in TOPT, supported by robust earnings growth and attractive valuations in key sectors.

Seeking Alpha • Mar 23, 2025

TOPT: Unnecessary ETF That Charges You For Reduced Diversification

The TOPT ETF focuses exclusively on the top-20 U.S. companies by market cap, but it doesn't seem to offer much tangible benefit. The strategy used by this fund could result in regrettable removals of large-cap stocks that undergo short-term dips. TOPT's heavy weighting in a few stocks and sectors increases risk, and investors can easily replicate its strategy without the added costs.

Seeking Alpha • Jan 11, 2025