Quantum ETF Hits $3.42 Billion as Sector Shifts From Theory to Tech

On FEB 4, 2026, the Defiance Quantum ETF (QTUM) traded at $1.042, unchanged from the previous 24-hour period. However, the ETF has declined by 9.71% over the past week, 2.25% over the past month, and 22.76% over the last year. This performance reflects broader market reassessments and evolving investor expectations in the quantum computing space.

Quantum ETF Grows to $3.42 Billion in Assets Amid Industry Shift

The Defiance Quantum ETF has emerged as a leading vehicle for exposure to the quantum computing ecosystem, with assets under management now reaching $3.42 billion. This growth has coincided with a strategic industry pivot highlighted at CES 2026, where quantum computing moved from theoretical research to commercial viability. As a result, capital has flowed toward firms involved in the development and deployment of quantum hardware, semiconductors, and software solutions.

The ETF follows a modified equal-weighting strategy across 71 holdings, which includes core quantum hardware developers, semiconductor firms, and software enablers. This structure helps reduce concentration risk compared to traditional market-cap-weighted funds and provides broad exposure across the quantum technology stack.

Portfolio Highlights and Key Holdings

Currently, the fund maintains a 34.7% allocation to the semiconductor sector, reflecting the foundational role of advanced materials and processing in quantum computing. Notable holdings include:

• Quantum eMotion Corp (QNC) – 2.05%
• Micron Technology (MU) – 1.55%
• Lam Research (LRCX) – 1.46%
• D-Wave (QBTS) – 1.39%
• Baidu (BIDU) – 1.38%
• Infineon Technologies (IFX) – 1.36%
• Global Unichip Corp (3443) – 1.35%
• KLA (KLAC) – 1.34%
• Tokyo Electron (8035) – 1.34%
• Lockheed Martin (LMT) – 1.33%

These holdings reflect a diversified approach that blends emerging quantum technology firms with established semiconductor leaders. Companies like Micron and Lam Research saw gains following strong earnings in late 2025, while quantum-focused players benefited from live technology demonstrations and growing investor interest in quantum-enabled applications.

From Theory to Application: A Shifting Narrative

The investment narrative for quantum computing has matured. As classical silicon-based computing reaches physical limits, quantum processors and quantum annealing are being deployed in real-world scenarios. Key areas of interest include logistics optimization, pharmaceutical research, and cybersecurity, where quantum algorithms offer potential breakthroughs.

Additionally, the growing demand for post-quantum cryptography and quantum security solutions has contributed to short-term liquidity in the fund. These developments indicate a broader industry consensus that quantum computing is moving from academic research to practical deployment.

Key Fundamentals and Performance

Visual The ETF currently trades at a premium to its Net Asset Value (NAV) of $111.68, with an average daily trading volume of approximately 643,000 shares. The expense ratio remains at 0.40%, competitive for a specialized thematic fund. The ETF’s 12-month return stands at +44.22%, outperforming traditional tech benchmarks that remain skewed toward large-cap stocks.

Looking Ahead

Several key events and developments will likely shape the ETF’s trajectory in the coming months:

• Index Rebalancing in June 2026 may introduce new quantum-focused firms that have recently gone public.
• A breakout above $117 would signal a potential shift in momentum for the ETF.
• Macroeconomic changes, particularly in semiconductor trade and supply-chain policies, will directly impact a large portion of the ETF’s holdings.
• Government and defense spending on post-quantum encryption is expected to benefit aerospace and defense constituents, including Lockheed Martin.

In conclusion, the Defiance Quantum ETF remains a liquid and diversified vehicle for investors seeking exposure to the next phase of computing. Its performance will continue to hinge on the evolution of the semiconductor industry, the commercialization of quantum solutions, and the outcomes of its June 2026 index rebalance.