TOPC vs VPX
iShares S&P 500 3% Capped ETF against Variant Perception Cycle Aware US Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
43%
83 shared positions
Fee gap
66 bp
TOPC is cheaper
1-year return gap
—
Larger fund
VPX
$43M
Side by side
| TOPC | VPX | |
|---|---|---|
| Fund | iShares S&P 500 3% Capped ETF | Variant Perception Cycle Aware US Equity ETF |
| Issuer | iShares | Variant |
| Category | Buffer | Total Market |
| Expense ratio | 0.09% | 0.75% |
| Assets | $31M | $43M |
| Average daily dollar volume | $257K | $624K |
| Listed | Apr 15, 2025 | Mar 11, 2026 |
| FrenzyCap score | 60 | 22 |
| 1-month return | +2.1% | +2.1% |
| 3-month return | +2.5% | +6.3% |
| Year to date | +13.8% | — |
| 1-year return | +15.0% | — |
| 30-day volatility | 9.2% | 12.2% |
| Worst drawdown, 1 year | −8.3% | −5.9% |
| Trailing 12-month yield | 1.01% | — |
| Holdings | 507 | 90 |
| Top 10 weight | 24.6% | 48.3% |
| Look-through P/E | 26.1 | 24.0 |
| Holdings vs fair value | +1.7% | +3.3% |
| Holdings above 200-day average | 66% | 71% |
| Net flow, latest 3 reported months | +$3.3M thru Jun 2026 | +$18M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 29, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
49% of TOPC · 76% of VPX| Holding | TOPC | VPX |
|---|---|---|
| AVGO | 2.92% | 4.45% |
| NVDA | 2.87% | 3.76% |
| MU | 2.41% | 3.28% |
| AMZN | 2.88% | 2.33% |
| LLY | 1.75% | 3.30% |
| AMD | 1.75% | 2.39% |
| JPM | 1.62% | 2.96% |
| MSFT | 2.70% | 1.47% |
| GOOGL | 1.60% | 1.14% |
| JNJ | 1.13% | 1.88% |
| AMAT | 1.06% | 1.12% |
| V | 1.05% | 2.23% |
| XOM | 1.05% | 3.61% |
| LRCX | 1.00% | 1.23% |
| CAT | 0.91% | 1.50% |
| ABBV | 0.82% | 1.32% |
| MA | 0.77% | 1.61% |
| GE | 0.72% | 1.23% |
| KLAC | 0.73% | 0.70% |
| UNH | 0.70% | 1.18% |
| BAC | 0.69% | 1.39% |
| MRK | 0.59% | 1.01% |
| GEV | 0.59% | 1.08% |
| CVX | 0.57% | 2.16% |
| GS | 0.55% | 1.14% |
Sector mix of the stock holdings
| Sector | TOPC | VPX | Gap |
|---|---|---|---|
| Technology | 36.0% | 23.7% | +12.3% |
| Industrials | 12.8% | 12.2% | +0.6% |
| Financials | 11.0% | 13.5% | −2.5% |
| Health Care | 9.4% | 12.9% | −3.4% |
| Consumer Discretionary | 11.2% | 3.5% | +7.7% |
| Energy | 2.9% | 9.8% | −6.9% |
| Utilities | 3.3% | 1.8% | +1.5% |
| Consumer Staples | 3.9% | 0.4% | +3.5% |
| Real Estate | 2.2% | 0.0% | +2.2% |
| Materials | 1.9% | 0.0% | +1.9% |
| Communication Services | 1.7% | 0.1% | +1.6% |
More: full overlap table · TOPC holdings · VPX holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.