Defiance Quantum Computing ETF (QTUM) Surpasses $400 Million. $QTUM YTD Performance 40%+
13 Diciembre 2024 - 10:47AM
Defiance ETFs is thrilled to announce that QTUM - Defiance Quantum
Computing ETF has reached a major milestone, surpassing $400
million in assets under management (AUM) — a testament to the
growing momentum behind quantum computing.
QTUM, up 40%+ YTD as of 12/11/2024, is the first ETF dedicated
to quantum computing, giving investors exposure to the companies
building the computational backbone of the AI age. With holdings in
industry leaders like D-Wave Quantum (NYSE: QBTS), IonQ (NYSE:
IONQ), and Rigetti Computing (NASDAQ: RGTI), QTUM delivers targeted
access to pure-play innovators driving the next era of exponential
technological growth.
The underlying index of this quantum computing and machine
learning ETF is called the BlueStar Quantum Computing and Machine
Learning Index (BQTUM). It tracks approximately 71 globally-listed
stocks across all market capitalizations.
“The rapid adoption of AI technologies has catalyzed a wave of
investment in quantum computing, as these companies provide the
computational backbone for next-genera in tion solutions,” said
Sylvia Jablonski , CEO of Defiance ETFs. “QTUM’s strong performance
is a testament to the market’s confidence in quantum computing’s
ability to revolutionize the tech landscape.”
About Defiance ETFs
Defiance ETFs is a leading ETF issuer focused in thematic,
income, and leveraged ETFs, offering investors unique access to
emerging and disruptive sectors.
Important Disclosures:
Past performance does not guarantee future
results. Fund holdings and sector allocations are
subject to change at any time and should not be considered
recommendations to buy or sell any security. To see a list of
current holdings and the most recent performance click here or
visit defianceetfs.com/qtum.
The Funds' investment objectives, risks, charges, and
expenses must be considered carefully before investing. The
prospectus and summary prospectus contains this and other important
information about the investment company. Please read it carefully
before investing. A hard copy of the prospectus can be requested by
calling 833.333.9383.
Investing involves risk. Principal loss is possible. The Funds
are not actively managed and would not sell a security due to
current or projected under performance unless that security is
removed from the Index or is required upon a reconstitution of the
Index. A portfolio concentrated in a single industry or country may
be subject to a higher degree of risk. The value of stocks of
information technology companies are particularly vulnerable to
rapid changes in technology product cycles, rapid product
obsolescence, government regulation and competition.
The Fund is considered to be non-diversified, so it may invest
more of its assets in the securities of a single issuer or a
smaller number of issuers. Investments in foreign securities
involve certain risks including risk of loss due to foreign
currency fluctuations or to political or economic instability. This
risk is magnified in emerging markets. Small and mid-cap companies
are subject to greater and more unpredictable price changes than
securities of large-cap companies.
The possible applications of quantum computing are only in the
exploration stages, and the possibility of returns is uncertain and
may not be realized in the near future.
The “BlueStar Quantum Computing and Machine Learning Index™”,
“BQTUM™ Index” (collectively “Quantum Computing and Machine
Learning Index"), is the exclusive property and a trademark of
BlueStar Global Investors LLC d/b/a BlueStar Indexes® and has been
licensed for use for certain purposes by Defiance ETFs LLC.
Products based on the Quantum Computing and Machine Learning Index
are not sponsored, endorsed, sold or promoted by BlueStar Global
Investors, LLC or BlueStar Indexes®, and BlueStar Global Investors,
LLC and BlueStar Indexes® makes no representation regarding the
advisability of trading in such product(s). It is not possible to
invest directly in an index.
QTUM is distributed by Foreside Fund Services, LLC.
Contact Info
Defiance ETFsDavid Hanono833.333.9383
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ef288c66-ddd2-4bde-9a3d-d290c8293e6d
D Wave Quantum (NYSE:QBTS)
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D Wave Quantum (NYSE:QBTS)
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