QTUM
Defiance Quantum ETF·NASDAQ
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Key Stats
Assets Under Management
3.64BUSD
Fund Flows (1Y)
1.77BUSD
Dividend Yield
0.96%
Discount/Premium to NAV
0.11%
Shares Outstanding
31.20M
Expense Ratio
0.40%
About Defiance Quantum ETF
Issuer
Defiance ETFs, LLC
Brand
Defiance
Home Page
Inception Date
Sep 4, 2018
Structure
Open-Ended Fund
Index Tracked
BlueStar Quantum Computing and Machine Learning Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Defiance ETFs LLC
Distributor
Foreside Fund Services LLC
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.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Broad-based
Strategy
Equal
Geography
Developed Markets
Weighting Scheme
Tiered
Selection Criteria
Market cap
Analysis
Sector
Technology
74.88%
Industrials
12.57%
Communication Services
9.24%
Consumer Cyclical
2.26%
Healthcare
1.05%
Technology
74.88%
Industrials
12.57%
Communication Services
9.24%
Consumer Cyclical
2.26%
Healthcare
1.05%
Asset
Holdings
Symbol
Ratio
Quantum Emotion Corp
2.03%
MU
Micron Technology
1.91%
LRCX
Lam Research
1.71%
MKSI
MKS
1.68%
KLAC
KLA
1.57%
LMT
Lockheed Martin
1.54%
Symbol
Ratio
ASM International NV
1.51%
ASML
ASML Holding
1.50%
ONTO
Onto Innovation
1.47%
Tokyo Electron Ltd
1.47%
Top 10 Weight 16.39%
10 Total Holdings
See all holdings
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