{
 "ticker": "QTUM",
 "name": "Defiance Quantum ETF",
 "issuer": "Defiance",
 "desk": "themes",
 "url": "https://etfiq.com/funds/qtum",
 "html": "https://etfiq.com/funds/qtum",
 "markdown": "https://etfiq.com/funds/qtum.md",
 "as_of": "2026-09-11",
 "verdict": "QTUM holds 89 stocks, and 65% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "34.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "QTUM, already in the S&P 500: 34.8%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "82.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "QTUM, active share vs the S&P 500: 82.6%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "16.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "QTUM, top ten holdings: 16.6%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+50.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "QTUM, total return, 1 year: +50.4%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5.5bn",
   "source": "the issuer own daily fund list, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "QTUM, net assets: $5.5bn (the issuer own daily fund list, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.40%",
   "source": "485BPOS XBRL, Apr 29, 2026",
   "as_of": "2026-09-11",
   "sentence": "QTUM, expense ratio: 0.40% (485BPOS XBRL, Apr 29, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Quantum computing",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 5, 2018",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "34.8%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "82.6%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "27.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "77.2%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "16.6%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "89",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 14, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Global Unichip Corp 1.8%, Arqit Quantum Inc 1.8%, Horizon Quantum Holdings Ltd 1.8%, Cloudflare Inc 1.7%, Elastic Nv 1.6%, Snowflake Inc 1.6%, Hewlett Packard Enterprise Co 1.6%, Nutanix Inc 1.6%, Radnet Inc 1.5%, Palantir Technologies Inc 1.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5.5bn",
   "source": "the issuer own daily fund list, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221212.5%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.40%",
   "source": "485BPOS XBRL, Apr 29, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.48%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "WQTM 34%, AGIX 31%, WTAI 29%, CHPS 28%, THNQ 27%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22128.5%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221211.8 pts",
   "Gap to Nasdaq-100": "\u22127.7 pts"
  },
  {
   "window": "6 months",
   "Total return": "+35.3%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+19.3 pts",
   "Gap to Nasdaq-100": "+14.6 pts"
  },
  {
   "window": "1 year",
   "Total return": "+50.4%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+32.9 pts",
   "Gap to Nasdaq-100": "+27.4 pts"
  },
  {
   "window": "3 years",
   "Total return": "+204.4%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+126.5 pts",
   "Gap to Nasdaq-100": "+109.3 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+536.1%",
   "S&P 500": "+198.9%",
   "Gap to S&P 500": "+337.3 pts",
   "Gap to Nasdaq-100": "+225.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of QTUM is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 14, 2026, 35% of QTUM by weight is stocks the S&P 500 already holds. Its active share against the index is 83%, so that share is the part doing something different."
  },
  {
   "q": "What does QTUM hold?",
   "a": "89 positions as published by its issuer for Sep 14, 2026, with the top ten at 17% of the fund. The largest are Global Unichip Corp at 1.8%, Arqit Quantum Inc at 1.8%, Horizon Quantum Holdings Ltd at 1.8%."
  },
  {
   "q": "Has QTUM beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 QTUM returned +50.4% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 32.9 points."
  },
  {
   "q": "What does QTUM cost?",
   "a": "The prospectus expense ratio is 0.40% a year. Because 83% of the fund differs from the S&P 500, the fee on that differing part works out at 0.48%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}