Defiance Quantum Computing ETF (QTUM) Surpasses $400 Million. $QTUM YTD Efficiency 40%+
MIAMI, Dec. 13, 2024 (GLOBE NEWSWIRE) — Defiance ETFs is thrilled to announce that QTUM – Defiance Quantum Computing ETF has reached a significant milestone, surpassing $400 million in property below administration (AUM) — a testomony to the rising momentum behind quantum computing.
QTUM, up 40%+ YTD as of 12/11/2024, is the primary ETF devoted to quantum computing, giving buyers publicity to the businesses constructing the computational spine of the AI age. With holdings in business leaders like D-Wave Quantum (NYSE: QBTS), IonQ (NYSE: IONQ), and Rigetti Computing (NASDAQ: RGTI), QTUM delivers focused entry to pure-play innovators driving the following period of exponential technological development.
The underlying index of this quantum computing and machine studying ETF known as the BlueStar Quantum Computing and Machine Studying Index (BQTUM). It tracks roughly 71 globally-listed shares throughout all market capitalizations.
“The fast adoption of AI applied sciences has catalyzed a wave of funding in quantum computing, as these firms present the computational spine for next-genera in tion options,” mentioned Sylvia Jablonski , CEO of Defiance ETFs. “QTUM’s robust efficiency is a testomony to the market’s confidence in quantum computing’s skill to revolutionize the tech panorama.”
About Defiance ETFs
Defiance ETFs is a number one ETF issuer centered in thematic, earnings, and leveraged ETFs, providing buyers distinctive entry to rising and disruptive sectors.
Essential Disclosures:
Previous efficiency doesn’t assure future outcomes. Fund holdings and sector allocations are topic to vary at any time and shouldn’t be thought of suggestions to purchase or promote any safety. To see a listing of present holdings and the newest efficiency click on here or go to defianceetfs.com/qtum.
The Funds’ funding aims, dangers, prices, and bills have to be thought of rigorously earlier than investing. The prospectus and abstract prospectus incorporates this and different vital details about the funding firm. Please learn it rigorously earlier than investing. A tough copy of the prospectus could be requested by calling 833.333.9383.
Investing includes danger. Principal loss is feasible. The Funds usually are not actively managed and wouldn’t promote a safety as a result of present or projected below efficiency except that safety is faraway from the Index or is required upon a reconstitution of the Index. A portfolio concentrated in a single business or nation could also be topic to the next diploma of danger. The worth of shares of data expertise firms are significantly susceptible to fast adjustments in expertise product cycles, fast product obsolescence, authorities regulation and competitors.