BlackRock has made two new ETFs available to the European market which offer a more “granular view” on the Nasdaq 100 index.
The products will include the iShares Nasdaq 100 Top 30 UCITS ETF, which has holdings in the 30 largest companies, while the iShares Nasdaq 100 ex-Top 30 UCITS ETF will encapsulate the other 70 stocks in the Nasdaq 100.
See also: BlackRock enters pact with Saba to ‘not seek to control or influence the board’
While the Top 30 is aimed at exposure to some of the largest tech companies, targeting market leaders, the ex-Top 30 will offer a less volatile exposure with more diversification from tech. Both funds will have an expense ratio of 0.3% and are listed on Euronext Amsterdam.
The ETFs follow the launch of the iShares S&P 500 Top 20 UCITS ETF in late 2024. BlackRock also expanded its active ETF range for Europe this January.
See also: PA Live A World Of Higher Inflation 2025
Manuela Sperandeo, head of Europe & Middle East iShares product at BlackRock, said: “European investors can now use iShares ETFs to access both the S&P 500 and the Nasdaq-100 with precision, enabling them to easily customise their portfolios and capitalise on growth potential whilst maintaining diversification.”