Which is cheaper, QTUP or WQTM?

QTUP charges 0.77% a year and WQTM charges 0.45%, so WQTM is cheaper. Fees come from each fund's prospectus.

QTUP vs WQTM: which is really different?

QTUP and WQTM are compared on the fields both publish. Defiance Long Pure Quantum ETF and WisdomTree Quantum Computing Fund.

QTUP · 3 months to Sep 30, 2026Holdings are gross exposure, not a portfolio

QTUP's holdings are gross exposure rather than a portfolio, so no S&P 500 share is published

WQTM · 6 months to Sep 30, 202662% of its weight is outside the S&P 500

39% of WQTM's weight is in S&P 500 companies and 62% is outside the index

What they hold in common

By the books each fund has filed, QTUP and WQTM hold 29% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

50%

half

29% in common

Positions both hold, largest shared weight first

Holding QTUP WQTM

Ionq Inc 20.99% 4.76%

D-wave Quantum Inc 4.73% 5.53%

Rigetti Computing Inc 4.72% 5.15%

Quantinuum Inc 4.55% 7.16%

Quantum Computing Inc 4.54% 2.79%

Infleqtion Inc 8.95% 2.62%

Xanadu Quantum Technologies Ltd 2.87% 2.20%

Btq Technologies Corp 4.47% 1.25%

Arqit Quantum Inc 8.47% 0.90%

Only in QTUP

First American Government Obligations Fund 12/01/2031 20.29%

Quantinuum Inc.-swap-nmra-l 10.47%

D-wave Quantum Inc.-swap-nmra-l 10.12%

Iqm Quantum Computers Oyj 4.64%

Horizon Quantum Holdings Ltd 4.18%

Quantum Computing Inc.-swap-nmra-l 2.05%

Rigetti Computing, Inc.-swap-nmra-l 1.78%

Iqm Quantum Computers Oyj-swap-nmra-l 1.44%

Only in WQTM

INTERNATIONAL BUSINESS MACHINES CORP 3.56%

INTEL CORP 3.05%

DELL TECHNOLOGIES INC 2.59%

MICROSOFT CORP 2.52%

ADVANCED MICRO DEVICES INC 2.50%

FUJITSU LTD 2.50%

ALPHABET INC 2.47%

AMAZON.COM INC 2.47%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	QTUP	WQTM	QTUP	WQTM	QTUP	WQTM
3 months	−26.6%	−12.9%	−29.1 pts	−15.4 pts	−28.7 pts	−15.0 pts
6 months	not published	+28.9%	not published	+11.9 pts	not published	+2.0 pts
Since launch QTUP Jun 2026 · WQTM Oct 2025	−13.4%	+5.8%	−19.0 pts	−9.0 pts	−20.2 pts	−15.9 pts

QTUP and WQTM over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

QTUP

Defiance Long Pure Quantum ETF · Holds 19 stocks in quantum computing

WQTM

WisdomTree Quantum Computing Fund · Holds 46 stocks in quantum computing, 38% of its weight in S&P 500 companies

Issuer Defiance WisdomTree

Theme Quantum computing Quantum computing

In the S&P 500 not published 38.5%

Active share vs the S&P 500 not published 83.6%

In the Nasdaq-100 not published 26.4%

Holdings 19 46

Top ten, share of the fund not published 39.7%

Expense ratio 0.77% 0.45%

Fee for the differing part not published 0.54%

Total return, 1 year −13.4% (since launch on Jun 10, 2026) +5.8% (since launch on Oct 9, 2025)

vs the S&P 500 −19.0 pts −9.0 pts

vs the Nasdaq-100 −20.2 pts −15.9 pts

Below its high −32.7% −22.4%

Net assets $21m $342m

QTUP and WQTM on the same fields, as of Sep 30, 2026. Source: ETFIQ.

QTUP in plain words

QTUP has no public holdings filing captured yet. Since it launched on Jun 10, 2026 the fund returned −13.4% with distributions reinvested against +5.7% for the S&P 500, so a holder was behind by 19.0 pts. It sits 32.7% below its all-time high of Jun 23, 2026.

WQTM in plain words

By weight, 38% of WQTM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 40% of the fund across 46 positions, as filed for Jun 30, 2026. Since it launched on Oct 9, 2025 the fund returned +5.8% with distributions reinvested against +14.8% for the S&P 500, so a holder was behind by 9.0 pts. It sits 22.4% below its all-time high of Jun 2, 2026.

Questions people ask

Which is cheaper, QTUP or WQTM?: QTUP charges 0.77% a year and WQTM charges 0.45%, so WQTM is cheaper. Fees come from each fund's prospectus.

Other comparisons

QTUP vs CQTM QTUP vs QTUM WQTM vs CQTM WQTM vs QTUM

QTUP on its own →WQTM on its own →How every figure is computed →Standards and sources →

Where these figures came from

QTUP filings on SEC EDGAR ↗QTUP prospectus with the expense ratio (SEC) ↗Defiance page for QTUP ↗WQTM filings on SEC EDGAR ↗WQTM prospectus with the expense ratio (SEC) ↗WisdomTree page for WQTM ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, QTUP against WQTM, data as of Sep 30, 2026. https://etfiq.com/compare/themes/qtup-vs-wqtm

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.