Bringing you live news and features since 2006 

Defiance ETFs launches Quantum ETF


Defiance ETFs has launched 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.

“Quantum computing may sound like something from the distant future, but leading technology companies, startups and research universities are already developing and implementing these approaches to solve practical problems and build competitive advantages,” says Matthew Bielski, founder and CEO of Defiance ETFs. “With QTUM, investors don’t need to wait on the sidelines. We’ve already seen demand from registered investment advisers (RIAs), family offices and ETF strategists interested in gaining targeted exposure to this technology via a liquid, transparent ETF.”

Quantum computing accelerates the entire computing process and expands the range of what’s possible in machine learning, artificial intelligence (AI) and other applications. For instance, Google and NASA have reported that a quantum computer they piloted together processes algorithms 100 million times faster than a traditional computer chip.  
The field has attracted billions of dollars in investment and funding.  While nearly every industry has the potential to benefit from the growth of this technology, key applications are being built in finance, cybersecurity, drug discovery, energy and autonomous vehicles. There’s even the potential for quantum computing to help predict weather disasters.

Defiance ETF Director of Research Tom Bowles, an AI pioneer and serial entrepreneur who has helped found dozens of technology companies, says, “This technology represents a massive leap forward for the world of computing—it’s comparable to the shift from valve computing to silicon chips. Companies are already applying it and will continue to apply it in myriad ways, from optimizing investment portfolios to debugging software and finding wholly new drugs.”

“Quantum computing also has the potential to make cryptography, and the technology that relies on it, obsolete. The possibilities are endless, and public and private organizations have already demonstrated that they’re deeply interested in putting the technology to good use,” he added.

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 defence 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.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by