QNXT - iShares Nasdaq-100 ex Top 30 ETF

The iShares Nasdaq-100 ex Top 30 ETF aims to replicate the returns of an index that is specifically curated to include companies ranked from the 31st to the 100th largest by market capitalization. These companies are drawn from the wider Nasdaq-100 Index, meaning the ETF intentionally bypasses the very top 30 largest constituents.

As of Jun 30, 2026: spot at $31.49, ATM IV 34.7%, net GEX -$57.

Sector
Financial Services
Industry
Asset Management - Global
Market Cap
$18.5M
Beta
1.12
52-Week Range
25.51-32.18
Dividend Yield
$0.21
IPO Date
Oct 24, 2024
Exchange
NASDAQ

What QNXT Looks Like to Options Traders Today

IV rank of 41.1% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$57) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.034) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The QNXT overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked QNXT overview questions

What is QNXT?
QNXT is the ticker symbol for iShares Nasdaq-100 ex Top 30 ETF, an listed exchange-traded fund. The iShares Nasdaq-100 ex Top 30 ETF aims to replicate the returns of an index that is specifically curated to include companies ranked from the 31st to the 100th largest by market capitalization. These companies are drawn from the wider Nasdaq-100 Index, meaning the ETF intentionally bypasses the very top 30 largest constituents. Listed on NASDAQ. QNXT is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the QNXT options snapshot look like today?
As of Jun 30, 2026, the QNXT options snapshot shows spot at $31.49, ATM IV 34.7%, IV rank 41.1%, net GEX -$57, expected move 9.95%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are QNXT's key statistics?
iShares Nasdaq-100 ex Top 30 ETF (QNXT) carries a market capitalization of $18.5M, 52-week range of 25.51-32.18. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does QNXT belong to?
iShares Nasdaq-100 ex Top 30 ETF operates in the Financial Services sector, in the Asset Management - Global industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare QNXT's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the QNXT data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.