ETF fact sheet · QTUM · Quantum computing
Defiance Quantum ETF
The model values 39 of QTUM's 86 holdings. At the median their price sits 2.0% below its fair value, and 56% of them are priced below it.
Among the holdings the model backs with medium or high evidence, the cheapest by its reckoning is Micron Technology (MU), priced 38.4% below fair value, and the priciest is IBM (IBM), priced 27.2% above fair value. That is the model's opinion, not advice.
The fund through Faircurve's model, from its run of 24 Oct 2026; closes to 27 Oct 2026.
QTUM through the model
| Holding | Weight | 1D | Price vs fair value | Evidence |
|---|---|---|---|---|
| 3443.TW Global Unichip | 2.4% | not covered | ||
| ESTC Elastic NV | 2.0% | not covered | ||
| PLTR Palantir Technologies | 1.9% | -0.06% | 7.4% above | medium |
| NTNX Nutanix | 1.7% | +0.04% | 0.6% above | medium |
| HQ Horizon Quantum | 1.7% | not covered | ||
| 6701.T NEC | 1.7% | not covered | ||
| MSFT Microsoft | 1.7% | -0.24% | 9.5% above | high |
| SNOW Snowflake | 1.7% | not covered | ||
| NET Cloudflare | 1.7% | -1.14% | withheld | |
| 6702.T Fujitsu | 1.7% | not covered | ||
| 6501.T Hitachi | 1.6% | not covered | ||
| HPE Hewlett Packard Enterprise | 1.6% | +3.61% | 7.7% below | medium |
| REY.MI Reply SpA | 1.6% | not covered | ||
| 9432.T NTT | 1.5% | not covered | ||
| RDNT Radnet | 1.5% | +4.98% | 4.6% above | medium |
| 2357.TW Asustek Computer | 1.5% | not covered | ||
| AMD Advanced Micro Devices | 1.5% | +5.45% | 8.3% above | medium |
| ARQQ Arqit Quantum | 1.5% | not covered | ||
| AMZN Amazon | 1.4% | +1.61% | 1.2% above | medium |
| RTX RTX | 1.4% | -1.46% | 3.2% above | high |
| NVDA Nvidia | 1.4% | +0.90% | 14.3% below | medium |
| AIR.PA Airbus Group SE | 1.4% | not covered | ||
| MDB MongoDB | 1.3% | not covered | ||
| LMT Lockheed Martin | 1.3% | -1.92% | 6.2% below | high |
| TSM Taiwan Semiconductor Manufacturing | 1.3% | not covered | ||
| ADI Analog Devices | 1.3% | +4.27% | 2.4% below | medium |
| MU Micron Technology | 1.3% | +2.77% | 38.4% below | medium |
| TXN Texas Instruments | 1.2% | +3.62% | 2.2% above | high |
| NOC Northrop Grumman | 1.2% | -2.51% | 1.4% below | high |
| TDC Teradata | 1.2% | -0.95% | 12.8% below | medium |
| WIT Wipro | 1.2% | not covered | ||
| NVEC NVE | 1.2% | not covered | ||
| SNPS Synopsys | 1.2% | +4.42% | 14.0% below | medium |
| 2454.TW MediaTek | 1.2% | not covered | ||
| TER Teradyne | 1.2% | +4.75% | 1.3% above | medium |
| GOOGL Alphabet Inc. (Class A) | 1.2% | +1.19% | 4.8% above | high |
| MRVL Marvell Technology | 1.2% | +4.19% | 6.5% above | low |
| BABA Alibaba Group | 1.2% | not covered | ||
| ASML ASML Holding NV | 1.2% | +2.81% | 13.2% below | medium |
| QCOM Qualcomm | 1.2% | +2.54% | 25.9% below | medium |
| AVGO Broadcom | 1.1% | +4.00% | 25.4% below | medium |
| CSCO Cisco | 1.1% | +1.03% | 2.0% below | medium |
| KPN.AS Koninklijke KPN NV | 1.1% | not covered | ||
| 2317.TW Hon Hai Precision Industry | 1.1% | not covered | ||
| IBM IBM | 1.1% | -1.26% | 27.2% above | medium |
| 6503.T Mitsubishi Electric | 1.1% | not covered | ||
| 3661.TW Alchip Technologies | 1.1% | not covered | ||
| MCHP Microchip Technology | 1.1% | +5.63% | 18.9% below | medium |
| ABBN.SW ABB | 1.1% | not covered | ||
| ALAB Astera Labs | 1.1% | not covered | ||
| INTC Intel | 1.1% | +3.61% | 5.5% above | medium |
| NXPI NXP Semiconductors | 1.0% | +3.12% | 10.2% below | high |
| CDNS Cadence Design Systems | 1.0% | +6.49% | 3.2% above | low |
| 8035.T Tokyo Electron | 1.0% | not covered | ||
| LRCX Lam Research | 1.0% | +1.41% | 13.2% below | medium |
| ONTO Onto Innovation | 1.0% | +5.23% | 6.8% below | high |
| AMAT Applied Materials | 1.0% | +2.15% | 18.2% below | medium |
| LSCC Lattice Semiconductor | 1.0% | +5.24% | 22.0% above | medium |
| NBIS Nebius Group NV | 1.0% | not covered | ||
| ASM.AS ASM International NV | 1.0% | not covered | ||
| TSEM Tower Semiconductor | 1.0% | not covered | ||
| ORA.PA Orange | 1.0% | not covered | ||
| KLAC KLA | 1.0% | +2.98% | 0.4% below | medium |
| ARM ARM Holdings | 0.9% | +1.46% | 12.7% above | medium |
| QNT Quantinuum | 0.9% | not covered | ||
| CRUS Cirrus Logic | 0.9% | +1.12% | 21.7% below | high |
| 6723.T Renesas Electronics | 0.9% | not covered | ||
| ON ON Semiconductor | 0.9% | +6.22% | 25.4% below | medium |
| BIDU Baidu | 0.9% | not covered | ||
| QUBT Quantum Computing | 0.9% | not covered | ||
| IFX.DE Infineon Technologies AG | 0.8% | not covered | ||
| NOKBF Nokia Oyj | 0.8% | not covered | ||
| MKSI MKS | 0.8% | +4.88% | 34.9% below | high |
| COHR Coherent | 0.8% | +6.45% | 0.6% above | medium |
| ORCL Oracle | 0.8% | +3.55% | 11.8% below | medium |
| CRWV CoreWeave | 0.8% | not covered | ||
| STM STMicroelectronics NV | 0.8% | not covered | ||
| INFQ Infleqtion | 0.8% | not covered | ||
| RGTI Rigetti Computing | 0.8% | not covered | ||
| IONQ IonQ | 0.7% | not covered | ||
| BTQ BTQ Technologies | 0.7% | not covered | ||
| HON Honeywell | 0.7% | -0.21% | withheld | |
| QBTS D-Wave Quantum | 0.6% | not covered | ||
| QNC Quantum Emotion | 0.6% | not covered | ||
| HONA Honeywell Aerospace | 0.5% | -0.44% | withheld | |
| XNDU Xanadu Quantum Technologies | 0.1% | not covered |
The 15 largest holdings by weight; the button shows all 86. Holdings as of 21 Oct 2026; closes to 27 Oct 2026; the model's run of 24 Oct 2026. Green is a price below the model's fair value, red above it. Not covered: the model does not value it. Withheld: its own checks flag the valuation.
How QTUM has moved
| Period | Price return |
|---|---|
| One day | +2.58% |
| One week | +1.91% |
| One month | -6.45% |
| This year | +29.55% |
| One month against the S&P 500 | -7.16% |
One week is seven calendar days, one month 28. Beta 2.34 over the past 60 sessions: the fund moves about 2.3 times as much as the market.
What QTUM is
Defiance Quantum ETF holds quantum-computing and related chip companies.
| Expense ratio | 0.40% a year |
|---|---|
| Assets | $5.2 billion |
| Dividend yield | 0.99% ($1.40 paid over twelve months) |
| Holdings | 89 |
| Since | 2018 |
| Issuer | Defiance |
Sectors, share of the fund
| Technology | 80.7% |
|---|---|
| Industrials | 9.2% |
| Communication Services | 6.5% |
| Consumer Cyclical | 2.3% |
| Healthcare | 1.4% |