TOPC
iShares S&P 500 3% Capped ETF
iShares S&P 500 3% Capped ETF seeks to provide investment results that correspond generally to the performance of the S&P 500 Index while limiting the weight of any individual stock to 3% to enhance diversification.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 31.8 M
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
| Inception date | Apr 15, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 3.2 % |
| MICROSOFT CORP | 3.1 % |
| AMAZON.COM INC | 2.8 % |
| NVIDIA CORP | 2.7 % |
| BROADCOM INC. | 2.6 % |
| META PLATFORMS INC | 2.5 % |
| ELI LILLY & CO | 2.1 % |
| TESLA MOTORS INC | 2.0 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.8 % |
| MICRON TECHNOLOGY INC | 1.8 % |
Constituent Breakdown
| Number of holdings | 504 |
| Herfindahl-Hirschman Index | 100 |
| Wgt avg mkt cap (mns) | $951,191 |
| Large cap (>$10bn) | 96.7% |
| Mid cap ($2-10bn) | 0.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.3 % |
 |
IRELAND | 1.7 % |
 |
BRITAIN | 0.5 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.6% | 13.9% | -- | -- | -- | -- | -- | 26.6% |
| Dividend Yield | 0.9% | 1.3% | -- | -- | -- | -- | -- | 1.4% |
| Total Returns | 12.5% | 15.2% | -- | -- | -- | -- | -- | 28.0% | Ann. Volatility | 12.6% | 12.4% | -- | -- | -- | -- | -- | 12.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.93 | 95% |
| MSCI EAFE | 0.63 | 64% |
| MSCI Emg Mkts | 0.38 | 60% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $0 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $34.85 |
| Relative strength (RSI) | 48 |
| MACD/Signal | -0.05/0.00 |
| Bollinger Bands (Upper/Lower) | $35.44/$34.40 |
| Short interest (% of AUM) | 4.6% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. TOPC |
Expenses vs. TOPC |
ALTAR Score™ vs. TOPC |
|---|---|---|---|---|
| DSPY | Tema S&P 500 Historical Weight ETF | 89.4% | +3 bp | +0.1% |
| SPY | SPDR S&P 500 ETF | 84.2% | -6 bp | -0.1% |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | 84.2% | -13 bp | +0.0% |
| VOO | Vanguard S&P 500 ETF | 83.9% | -12 bp | 0.0% |
| SPYX | State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF | 83.3% | +5 bp | -0.2% |
| SPXE | ProShares S&P 500 Ex-Energy ETF | 82.9% | -2 bp | -0.2% |
| IVV | iShares Core S&P 500 ETF | 82.9% | -12 bp | +0.0% |
| XXSP | Subversive S&P 500 Redacted ETF | 82.4% | +40 bp | -0.5% |
| GXLC | Global X U.S. 500 ETF | 82.3% | -13 bp | -0.1% |
| PBUS | Invesco MSCI USA ETF | 82.2% | -11 bp | -0.1% |
Risk and Returns: TOPC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/5/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.5%
ALTAR SCORE™
46th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. TOPC's ALTAR Score™ is approximately -0.1 standard
deviations above the category average. This places TOPC in the 46th percentile
among funds in the category.
Sell-Side Consensus
$41.83
PRICE TARGET
+24.8%
UPSIDE