TOPT – iShares Top 20 U.S. Stocks ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the S&P 500 Top 20 Select Index. The fund seeks to track the investment results of the S&P 500 Top 20 Select Index (the “underlying index”), which measures the performance of the 20 largest U.S. companies by float-adjusted market capitalization within the S&P 500 (the “Parent Index”) as determined by S&P Dow Jones Indices LLC (the “index provider” or “SPDJI”). The securities in the underlying index are weighted based on the float-adjusted market value of their outstanding shares subject to capping. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TOPT	iShares Top 20 U.S. Stocks ETF	ETF	Open	—		Oct 23, 2024	$716.63M	0.200%	—	—	$290.26M
TOPT	iShares Top 20 U.S. Stocks ETF	ETF	Open	—		Oct 23, 2024	—	0.200%	—	—	—

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