iShares S&P 500 3% Capped ETF

TOPC

Market cap $12.3M

The largest and most popular exchange-traded funds (ETFs) are those that track the performance of the S&P 500. In fact, the three largest ETFs as measured by assets under management are all ones that mimic the performance of this benchmark index.

BlackRock launched a new ETF, TOPC, to curb growing concerns about market concentration.

Even with the constant barrage of tariff uncertainty, there's simply no stopping the engine of ETF creation. More than 288 new ETFs have already launched this year – well beyond the 120 new launches by the same time a year ago.

On this week's episode of ETF Prime, Kirsten Chang, senior industry analyst at VettaFi, joins Nate Geraci to discuss ETF launches from Unlimited, Cambria, iShares, Brookmont, and Teucrium. Later, BNY Mellon's Ben Slavin provides an update on the ETF share class structure and product innovation.

On Wednesday, BlackRock debuted its latest fund, the iShares S&P 500 3% Capped ETF (TOPC).  The fund's objective is to offer distinct capped exposure to the equities within the S&P 500.

NEW YORK--(BUSINESS WIRE)--The increasing influence of mega-cap stocks in the U.S. capital market signals the critical need for investors to review their equity exposure to pursue their portfolio goals. Today, BlackRock launched the industry's first 3% capped weighted ETF in the U.S. – the iShares S&P 500 3% Capped ETF (NYSE:TOPC) – providing investors balanced exposure to the 500 largest U.S. companies with greater issuer and sector diversification. “TOPC introduces a timely innovation to.