# Tidal Trust II - Defiance Pure Quantum ETF (QTUP): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/qtup for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Defiance · Asset class: — - Strategy: Thematic · Inception: 2026-06-08 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... ## Key Facts | Metric | Value | |---|---| | Price | $11.60 | | Expense Ratio | 0.77% | | Assets Under Management | $16.8M | | NAV | $11.53 | | Holdings Count | 17 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $11.20 – $24.58 | | Beta | 5.92 | ## Frequently Asked Questions ### 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 $16.8M 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. ### Does QTUP pay a dividend? Tidal Trust II - Defiance Pure Quantum ETF (QTUP) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does QTUP pay dividends? Tidal Trust II - Defiance Pure Quantum ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is QTUP's dividend yield? QTUP's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is QTUP's next ex-dividend date? QTUP hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will QTUP's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.77% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does QTUP charge its expense ratio? The expense ratio is deducted in tiny daily slices from QTUP's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does QTUP cost more than a fund like VOO? QTUP's strategy (current expense ratio 0.77%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where QTUP sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to QTUP? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as QTUP (0.77%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/qtup - Distribution history: https://www.dividenddata.com/funds/qtup/dividend - Holdings & diversification: https://www.dividenddata.com/funds/qtup/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/qtup/expenses - Peer comparison: https://www.dividenddata.com/funds/qtup/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.