BlackRock announced plans to launch the iShares Nasdaq 100 ETF (Nasdaq:IQQ), designed to provide investors with cost-efficient access to the companies driving innovation and long-term economic growth across sectors including technology, healthcare, consumer discretionary, and communication services.
The ETF has a gross expense ratio of 0.12%, with a waiver reducing the expense ratio to 0.10% through July 31, 2027. The ETF’s initial NAV will be $24 per share1 and is expected to begin trading on Nasdaq as early as Thursday, July 9.
IQQ builds on an established lineup of iShares Nasdaq‑100 strategies, with over $41 billion in assets globally.2 The suite offers investors a flexible toolkit for portfolio construction, allowing them to adjust concentration through the iShares Nasdaq Top 30 Stocks ETF (QTOP) and the iShares Nasdaq-100 ex Top 30 ETF (QNXT), or seek income while maintaining participation in potential long‑term growth through the iShares Nasdaq Premium Income Active ETF (BALQ).
“IQQ enhances our ability to offer investors access to the Nasdaq-100 with iShares ETFs — providing complementary strategies that allow them to align their portfolios with their objectives,” said Elise Terry, U.S. Head of iShares at BlackRock. “Supported by the liquidity, market quality, and scale of the iShares platform, this expanded suite gives investors the flexibility to customize their exposures and evolve portfolios over time.”
As AI, digitalization, and other structural trends reshape the economy, accessing the companies driving this innovation has become an increasingly important component of growth-oriented portfolios. In fact, U.S. large-cap and technology exposure has seen record demand this year, attracting over $270 billion in net inflows year-to-date.3
BlackRock has a long and established track record of managing Nasdaq-100 investment products globally for two decades. IQQ extends that expertise to the U.S. market, adding to iShares’ global platform of more than $6 trillion in assets.4
Source: BlackRock
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