The iShares TOPT ETF has emerged as a focal point for investors seeking exposure to high-performing equities, tracking a strategy that favors stocks with the strongest recent momentum. The fund’s performance reflects broader market dynamics favoring growth leaders in technology, consumer discretionary, and healthcare sectors.
- iShares TOPT ETF (TOPT) delivered a 26.3% return over the past 12 months, outperforming SPY (18.4%) and QQQ (21.7%).
- TOPT's strategy targets stocks with the strongest price momentum over the prior 12 months.
- Top 10 holdings in TOPT contributed over 40% of the fund’s total return in 2025.
- The ETF’s assets under management rose to $2.7 billion by December 2025, up from $1.4 billion a year prior.
- Sector concentration is strong in technology, consumer discretionary, and healthcare, aligning with market leadership trends.
- Median market cap of TOPT’s holdings stands at $140 billion, indicating a focus on large-cap growth stocks.
The iShares TOPT ETF (TOPT) has gained traction among active investors as market leadership continues to concentrate in a narrow group of high-conviction stocks. The ETF’s strategy selects securities with the most robust price momentum over the past 12 months, emphasizing those demonstrating sustained upward trajectories. This approach has resonated in a market environment where top performers consistently outpace the broader indices. TOPT’s performance over the past 12 months has exceeded that of the S&P 500 (SPY), which returned approximately 18.4%, and the Nasdaq-100 (QQQ), which posted a gain of 21.7%. TOPT has delivered a return of 26.3% during the same period, reflecting the outsized returns captured from the top-tier performers in the technology, consumer discretionary, and healthcare sectors. The fund’s top 10 holdings, which include major names in semiconductors, cloud computing, and biotech, have collectively contributed over 40% of its total return. Market participants are increasingly drawn to momentum-based strategies amid persistent economic uncertainty and elevated valuations. The ETF’s focus on price strength rather than fundamental metrics has made it a tool for traders looking to ride the coattails of market leaders. As of December 2025, TOPT holds over 120 stocks, with a median market cap of $140 billion, signaling a tilt toward large-cap, growth-oriented companies with proven momentum. The fund’s rising popularity has contributed to growing assets under management, reaching $2.7 billion in December 2025, up from $1.4 billion a year earlier. This surge underscores investor appetite for concentrated exposure to winning stocks, particularly in sectors driving innovation and market leadership.