TOPT ETF — iShares Top 20 U.S. Stocks ETF

iShares Top 20 U.S. Stocks ETF (TOPT)

Updated October 16, 2026.

TOPT is a low-cost ETF that tracks the S&P 500 Top 20 Select Index. its distribution rate is 0.32%, its trailing-12-month yield is 0.36%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 40.4% over the past 2 years, 5.6 points ahead of SPY at 34.8%.

This ETF tracks the S&P 500 Top 20 Select Index, providing concentrated exposure to the 20 largest U.S. mega-cap companies by market capitalization. The fund carries a low expense ratio of 0.20% and distributes quarterly with a modest current distribution rate, making it suitable for investors seeking streamlined access to America's largest corporations with minimal ongoing costs.

TOPT performance versus SPY

Price and return data through 2026-10-16.

Total return is 40.4% over the past 2 years, 5.6 points ahead of SPY at 34.8%. Over the past year its total return — price change plus distributions reinvested — is 15.4%. Its deepest 1-year drawdown was 13.1%.

TOPT key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

0.31%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

10/23/2024

Expense ratio

0.20%

Distribution rate

0.32%

Distribution frequency

Quarterly

Trailing yield

0.36%

Last close

$34.60 (as of 2026-10-16)

AUM

$789,528,734

Average volume

541617.0

Dividend

$0.028

Ex-dividend date

09/15/2026

Payment date

09/18/2026

Beta

1.0781

How Dividend Vision calculates yield and returns

Distribution rate (0.32%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.36%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares or company page; Index: S&P 500 Top 20 Select Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TOPT risks and drawbacks

TOPT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 13.1%.

Who may consider TOPT — and who may not

TOPT may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (TOPT pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on TOPT

• All tickers starting with T

Tagged: Large Cap, Index, S&P500.

Frequently asked questions

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