Tidal Trust II - Defiance Pure Quantum ETF

Frequently Asked Questions About QTUP

What does QTUP invest in?

QTUP invests in companies that derive at least 50% of their revenue or operating activity from quantum computing or machine learning. The portfolio generally holds between three and ten companies selected using a qualitative and thematic evaluation process that considers factors such as research activity, intellectual property, partnerships, product development, and market characteristics. Holdings are typically equally weighted and reviewed at least quarterly, although changes may be made at any time in response to developments within the quantum computing industry. The fund may invest in secondary technology companies when eligible pure-play companies are limited and may obtain exposure through options and swap agreements. The portfolio is concentrated in the quantum computing industry.

What is the expense ratio of QTUP?

Tidal Trust II - Defiance Pure Quantum ETF (QTUP) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QTUP?

Tidal Trust II - Defiance Pure Quantum ETF (QTUP) manages $17.5M 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 QTUP actively managed or an index fund?

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

When was QTUP launched?

Tidal Trust II - Defiance Pure Quantum ETF (QTUP) launched in June 2026 and is managed by Defiance.

How has QTUP performed?

QTUP'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.