The US tends to have large indices, think Nasdaq 100, S&P500 and the Russel 2000. Nothing wrong with that if you want a wide diverse ETF. But today we’re looking at a narrow ETF covering the 20 largest listed US stocks, the iShares Top 20 U.S. Stocks ETF.
Listed only last month it has a total expense ratio is 0.2% and is naturally tech heavy and will pay quarterly dividends.
iShares Top 20 U.S. Stocks ETF
Why buy it?
This really is if you want to focus in on the biggest of the biggest without the long tail of very small stocks that usually make up an index. It’s also for those wanting lots of tech with a little of everything else.
For those just wanting true tech heavy have a look at the 1nvest ETF5IT*.
| ETF name | iShares Top 20 U.S. Stocks ETF |
| NYSE code | TOPT |
| ETF issuer | iShares |
| Issue date | 23 October 2024 |
| Total expense ratio | 0.2% |
| Tax-free savings account | NO |
| Market cap | US$59.7million |
| Dividend yield | NA, quarterly |
ETF blog
At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.
