QTUM

Defiance Quantum ETF

$106.91
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Defiance Quantum ETF (QTUM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Quantum Computing Index.

Overview

ETF tracking Defiance Quantum ETF

Category Crypto
Issuer Other
Inception Date 2024-08-13
Market Cap $2.4B
Average Volume N/A
Dividend Yield 0.69%
52-Week Range $64.34 - $115.10
VWAP $106.87

Performance

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Investment Summary

📎 Investment Objective

The Defiance Quantum ETF (QTUM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Quantum Computing Index.

🎯 Investment Strategy

The ETF uses a passive management (or index-tracking) strategy designed to track the performance of the Defiance Quantum Computing Index. The index is composed of companies that are involved in the research, development, and application of quantum computing technology.

✨ Key Features

  • Provides exposure to companies at the forefront of quantum computing technology
  • Utilizes a passive index-tracking strategy
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Investing in a narrow industry or sector, which may be subject to greater volatility than a more diversified fund
  • Potential for high portfolio turnover, which can increase trading costs and taxes
  • Reliance on the success of quantum computing technology, which is still in the early stages of development
  • Limited performance history, making it difficult to evaluate the fund's long-term potential

👤 Best For

The Defiance Quantum ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to the emerging quantum computing industry. Due to the fund's narrow focus and limited performance history, it is generally recommended as a small allocation within a diversified portfolio.