Defiance ETFs Launches QTUM, the Quantum Computing ETF, Offering Investors Exposure to Leaders in the Field
Defiance ETFs today announced the launch of the Defiance Quantum ETF (NYSE: QTUM), a fund designed to provide investors with access to cutting edge technologies that are exponentially increasing computing speeds and making it possible to solve increasingly complicated problems.
QTUM offers a liquid and transparent way to invest in organizations developing and applying machine learning and quantum computing technology including hardware companies, software makers and defense and security firms.
The underlying index, the BlueStar Quantum Computing and Machine Learning Index (BQTUM), is global and diversified with approximately 60 stocks across all market capitalizations. Current country allocations include the United States, Japan, Korea, and China. The index is equal weighted, offering investors more targeted exposure, including to smaller companies with higher growth potential.