Summary
QTUM Chart
Sorry QTUM, WQTM Is The Better Quantum ETF
I'm issuing a buy on WisdomTree's WQTM. I've rated Defiance's QTUM a hold since it debuted, based on how it's built, not on quantum's direction. Since WQTM's inception, QTUM returned 32.16% and XLK 25.46% against WQTM's 6.47%. That gap came from megacap tech, not from quantum computing firms. WQTM's index scores each firm on quantum revenue purity. IonQ, D-Wave, and Rigetti are its top three weights. QTUM is equal-weighted, so megacap tech dominates its returns.
QTUM: A Hold For The Semis Basket In A Quantum Costume
The Defiance Quantum ETF is rated Hold, reflecting stretched valuations and diluted quantum exposure despite a strong long-term theme. QTUM's equal-weight structure minimizes single-name risk but also mutes upside from quantum pure plays, which comprise only ~5% of assets. Recent insider selling and a visible bubble in quantum pure plays, now rolling over, raise concerns about sentiment and valuation risk.
QTUM: More Than A Quantum Computing Bet
Defiance Quantum ETF offers diversified exposure to advanced computing, including quantum, AI hardware, and semiconductor equipment, not just quantum computing. QTUM's structure reduces single-company risk, with 90 holdings and top ten positions representing less than 17% of assets. Recent strong performance—204.76% over five years—has elevated expectations, but volatility remains high, with a recent 11.22% decline and 30% annualized volatility.
Defiance Quantum ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 30,549 | $3.23M | $4.68M | $1.45M | 44.76% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 240 | $19,343.6 | $33,900 | $14,556.4 | 75.25% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 87,289 | $14.44M | $13.4M | -$1.04M | -7.21% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 19,649 | $2.78M | $3.01M | $230,262.14 | 8.29% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 9,141 | $1.28M | $1.4M | $125,029.53 | 9.79% |
Defiance Quantum ETF (QTUM) FAQ
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Defiance Quantum ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is designed for investors looking to capitalize on the advancements in quantum computing and machine learning technologies. By adopting a passive management strategy, the fund aims to mirror the performance of its underlying index before the deduction of fees and expenses. This index is uniquely composed, featuring a modified equal-weighting of stocks from companies that generate a minimum of 50% of their revenue or operational activities from quantum computing and machine learning advancements. This focus ensures investors are directly exposed to the growth potential within these cutting-edge technology sectors.
Products and Services
The fund offers investment opportunities primarily through the following products and services:
- Index Tracking Funds: The core product is an investment fund that uses passive management to track the performance of an index composed of companies engaged in quantum computing and machine learning technologies. This approach ensures that the investment mirrors the index's performance, allowing for a diversified exposure to the sector.
- Quantum Computing and Machine Learning Investment Portfolio: Through the fund, investors gain access to a carefully curated portfolio of stocks. Each company in the portfolio must derive at least 50% of its annual revenue or operating activities from quantum computing or machine learning, ensuring the investment is focused on these high-growth areas.
