iShares NASDAQ 100 ex-Top 30 ETF

The iShares NASDAQ 100 ex-Top 30 ETF is an equity exchange-traded fund that aims to replicate the performance of the Nasdaq-100 ex Top 30 Index. This unique index tracks the 31st to 100th largest companies by market capitalization from the Nasdaq-100, deliberately excluding the top 30 largest constituents, which are typically dominated by mega-cap technology firms. By focusing on the next 70 largest companies, the ETF offers targeted exposure to mid- and large-cap growth-oriented businesses across diverse sectors, such as technology, healthcare, consumer discretionary, and industrials. The ETF employs a physical replication strategy and accumulates any dividends received, reinvesting them back into the fund. With a total expense ratio of 0.30% per annum and a launch date in early 2025, the fund is designed for investors seeking to diversify away from the concentrated market leadership of the very largest Nasdaq-listed firms while maintaining exposure to innovative and dynamic companies just below the top tier. The iShares NASDAQ 100 ex-Top 30 ETF thereby plays a significant role in providing access to the broader growth segment of the US equity market beyond the headline names that typically drive index performance.