Defiance Quantum ETF

Frequently Asked Questions About QTUM

What does QTUM invest in?

QTUM seeks out companies involved in the development of quantum computing and machine learning technology. Quantum computing refers to hardware and software designed to harness extremely fast computers that leverage the field of quantum mechanics, a branch of physics dealing with particles and their natural behavior. Covered technologies include the development of quantum computers, application of quantum computers, interaction between quantum and traditional computers, hardware and software for machine learning, specialized machinery for semiconductor and integrated circuit packaging, and production/processing of raw materials for quantum computing. Selected constituents are initially weighted equally, with possible downward adjustments for securities with low liquidity. QTUM is rebalanced semi-annually. Effective December 18 2020, The underlying index name changed to BlueStar Machine Learning and Quantum Computing Index with no change in investment strategies.

What is the expense ratio of QTUM?

Defiance Quantum ETF (QTUM) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QTUM?

Defiance Quantum ETF (QTUM) manages $5.57B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QTUM actively managed or an index fund?

QTUM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was QTUM launched?

Defiance Quantum ETF (QTUM) launched in September 2018 and is managed by Defiance.

How has QTUM performed?

QTUM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.