QTOP Fees and Costs — iShares Nasdaq Top 30 Stocks ETF
Data updated: 2026-08-25
The net expense ratio is 0.20%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3K in broker commissions, 0.0015% of average net assets, and portfolio turnover was 13%.
QTOP Fees and Expenses
Annual operating expenses and sales charges of QTOP. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
QTOP Costs Over Time
On $10,000 invested in QTOP, assuming 5% a year before costs, total costs come to $128 over 5 years, cutting the return by 0.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $70 | $128 |
| Value after costs | $10,479 | $11,506 | $12,635 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
QTOP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0015%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $236.3M
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $287K
- Net income from securities lending: $1K (0.001% of average net assets)
QTOP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1K | 39.66% |
| TD SECURITIES (USA) LLC | $381 | 14.76% |
| J.P. Morgan Securities LLC | $294 | 11.40% |
| Pershing LLC | $182 | 7.05% |
| UBS Securities LLC | $172 | 6.69% |
| Goldman Sachs & Co. LLC | $165 | 6.40% |
| BofA Securities, Inc. | $143 | 5.54% |
| BNP Paribas Securities Corp. | $83 | 3.23% |
| RBC Capital Markets, LLC | $73 | 2.84% |
| Morgan Stanley & Co. LLC | $63 | 2.43% |
QTOP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $231.2M | 97.83% |
| BlackRock Liquidity Funds T-Fund | $5.1M | 2.17% |
| Citigroup Global Markets Inc. | $763 | 0.00% |
| J.P. Morgan Securities LLC | $641 | 0.00% |
| Barclays Capital, Inc. | $311 | 0.00% |
| BofA Securities, Inc. | $128 | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.