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Defiance Quantum ETF (QTUM)

61.59 +0.10 (+0.16%)
At close: May 17 at 3:59 PM EDT

ETF Summary

The fund uses a “passive management” (or indexing) approach to track the total return performance, before fees and expenses, of the index. The index consists of a modified equal-weighted portfolio of the stock of companies that derive at least 50% of their annual revenue or operating activity from the development of quantum computing and machine learning technology.

ETF Overview

Category Technology
Fund Family Defiance ETFs
Net Assets 245.53M
YTD Daily Total Return 13.57%
Yield 0.80%
Legal Type Exchange Traded Fund

ETF Operations

Attributes QTUM Category Average
Annual Report Expense Ratio (net) 0.40% 0.94%
Holdings Turnover 31.00% 57.65%
Total Net Assets 37,671.57 37,671.57

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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