Data as of .
QTUM vs SHLD: which is really different?
SHLD holds 40.5% of its weight in S&P 500 companies and QTUM 34.8%.
ETFIQ Off-Index Score: SHLD scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 371 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, QTUM and SHLD hold 0% of their money in the same securities at the same weight.
| Only in QTUM | Only in SHLD |
|---|---|
| Arqit Quantum Inc 1.82% | PALANTIR TECHNOLOGIES INC-A 10.28% |
| Global Unichip Corp 1.82% | RTX CORPORATION 9.40% |
| Horizon Quantum Holdings Ltd 1.81% | GENERAL DYNAMICS CORP 8.73% |
| Cloudflare Inc 1.66% | LOCKHEED MARTIN CORP 8.26% |
| Elastic Nv 1.63% | NORTHROP GRUMMAN CORP 7.86% |
| Snowflake Inc 1.63% | BAE SYSTEMS PLC 4.54% |
| Hewlett Packard Enterprise Co 1.62% | HANWHA AEROSPACE CO LTD 4.04% |
| Nutanix Inc 1.58% | RHEINMETALL AG 3.82% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 11, 2026 and Sep 14, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| QTUM | SHLD | QTUM | SHLD | QTUM | SHLD | |
| 3 months | −8.5% | −2.9% | −11.8 pts | −6.2 pts | −7.7 pts | −2.1 pts |
| 6 months | +35.3% | −18.1% | +19.3 pts | −34.1 pts | +14.6 pts | −38.8 pts |
| 1 year | +50.4% | −4.8% | +32.9 pts | −22.4 pts | +27.4 pts | −27.8 pts |
| 3 years | +204.4% | not published | +126.5 pts | not published | +109.3 pts | not published |
| Since launch | +536.1% | +153.8% | +337.3 pts | +76.2 pts | +225.6 pts | +59.5 pts |
| QTUM Defiance Quantum ETF Holds 89 stocks in quantum computing, 35% of its weight in S&P 500 companies | SHLD Global X Defense Tech ETF Holds 52 stocks in defense, 40% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Defiance | Global X |
| Theme | Quantum computing | Defense |
| In the S&P 500 | 34.8% | 40.5% |
| Active share vs the S&P 500 | 82.6% | 99.1% |
| In the Nasdaq-100 | 27.2% | 0.0% |
| Holdings | 89 | 52 |
| Top ten, share of the fund | 16.6% | 64.3% |
| Expense ratio | 0.40% | 0.50% |
| Fee for the differing part | 0.48% | 0.50% |
| Total return, 1 year | +50.4% | −4.8% |
| vs the S&P 500 | +32.9 pts | −22.4 pts |
| vs the Nasdaq-100 | +27.4 pts | −27.8 pts |
| Below its high | −12.5% | −20.6% |
QTUM in plain words
By weight, 35% of QTUM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 17% of the fund across 89 positions, as published by its issuer for Sep 14, 2026. Over the year to Sep 11, 2026 the fund returned +50.4% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 32.9 pts. It sits 12.5% below its all-time high of Jun 2, 2026.
SHLD in plain words
By weight, 40% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 64% of the fund across 52 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned −4.8% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 22.4 pts. It sits 20.6% below its all-time high of Mar 9, 2026.
Questions people ask
- Which is more different from the S&P 500, QTUM or SHLD?
- QTUM has 35% of its weight in S&P 500 names and SHLD has 40%, so SHLD differs more from the index.
- Which is cheaper, QTUM or SHLD?
- QTUM charges 0.40% a year and SHLD charges 0.50%, so QTUM is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QTUM against SHLD, data as of Sep 11, 2026. https://etfiq.com/compare/themes/qtum-vs-shld Free to use with attribution; the underlying files are at Open data.