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- Upturn Summary
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Upturn AI Summary
iShares Nasdaq-100 ex Top 30 ETF(QNXT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QNXT
10/28/2026: QNXT (2-star) is currently NOT-A-BUY. Pass it for now.
QNXT provides targeted exposure to the Nasdaq-100 by excluding the 30 largest companies, effectively capturing the mid-tier of the index. This strategy offers investors a way to participate in Nasdaq-style growth while avoiding the heavy concentration of mega-cap technology leaders. Its primary strength lies in its unique portfolio construction, backed by BlackRock's reliable management. However, investors should be aware of higher volatility and lower liquidity compared to major flagship funds. It is best suited for growth-oriented investors looking to diversify away from top-heavy equity benchmarks and should be monitored for changes in market leadership sentiment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The ETF focuses on high-growth potential companies within the Nasdaq hierarchy that are not yet market leaders. |
| Momentum investor | Mixed fit | Strong fit while signal remains positive, as momentum often cycles between mega-cap and mid-tier stocks. |
| Value investor | Weak fit | The index is growth-oriented and generally does not prioritize valuation metrics. |
| Dividend/Income investor | Weak fit | This fund is designed for capital appreciation rather than dividend income generation. |
| Low-risk investor | Weak fit | Equity market volatility makes this unsuitable for investors seeking capital preservation. |
Investor Profile
Ideal Investor Profile
The ideal investor is a growth-focused individual looking to complement an existing mega-cap heavy portfolio or seeking targeted exposure to mid-tier Nasdaq growth firms.
Suitability
Best suited for long-term investors with a high risk tolerance who are looking for strategic diversification rather than a core, all-encompassing index holding.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The mid-cap nature of the holdings typically results in higher price swings compared to large-cap indices. |
| Market risk | High | Economic downturns significantly impact the growth companies held within this portfolio. |
| Concentration | Medium | While avoiding the top 30, it is still concentrated within the Nasdaq exchange companies. |
| Tracking/expense | Low | BlackRock's efficient management ensures the fund tracks its benchmark with minimal error. |
| Liquidity | Medium | Lower average daily volume compared to major ETFs may increase transaction costs for large orders. |
| Business/sector quality | Medium | The fund relies on the continued innovation and growth of non-mega-cap technology firms. |
Risk Analysis
Volatility
QNXT exhibits higher historical volatility than broad market ETFs like VOO or QQQ because its holdings are further down the market capitalization curve.
Market Risk
The fund is subject to Nasdaq-specific sector risks, particularly its heavy tilt toward technology and consumer discretionary stocks which are sensitive to macro economic shifts.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Sector | Technology | 45 | Provides growth potential through exposure to software and technology firms that are not yet the absolute largest in the index. |
| Sector | Consumer Discretionary | 20 | Offers exposure to consumer-facing businesses that benefit from economic cycles and discretionary spending. |
| Sector | Health Care | 15 | Balances the portfolio with defensive growth characteristics often found in biotechnology and healthcare services. |
| Sector | Industrials/Other | 20 | Diversifies the index beyond pure tech and consumer sectors to include industrials and communication services. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 2.62% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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