Defiance Quantum Computing ETF (QTUM) Surpasses $400 Million. $QTUM YTD Performance 40%+

MIAMI, Dec. 13, 2024 (GLOBE NEWSWIRE) -- 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.