# QTUP (Defiance Long Pure Quantum ETF)

Defiance · Thematic ETFs · data as of Sep 11, 2026

QTUP holds 13 stocks, and 100% of its weight is outside the S&P 500.

## Key facts

- QTUP, already in the S&P 500: 0.0%, as of Sep 11, 2026.
- QTUP, active share vs the S&P 500: 100.0%, as of Sep 11, 2026.
- QTUP, top ten holdings: 95.4%, as of Sep 11, 2026.
- QTUP, total return, since launch: −15.6%, as of Sep 11, 2026.
- QTUP, net assets: $17m (the issuer own daily fund list, as of Sep 11, 2026).
- QTUP, expense ratio: 0.77% (485BPOS XBRL, Jan 5, 2026).

## QTUP over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −17.5% | +3.3% | −20.8 pts | −16.7 pts |
| Since launch | −15.6% | +5.6% | −21.3 pts | −18.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Quantum computing | ETFIQ, editorial |
| Launched | Jun 10, 2026 | ETFIQ |
| Already in the S&P 500, by weight | 0.0% | ETFIQ |
| Active share vs the S&P 500 | 100.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 0.0% | ETFIQ |
| Active share vs the Nasdaq-100 | 100.0% | ETFIQ |
| Top ten holdings weight | 95.4% | ETFIQ |
| Holdings | 13 | ETFIQ |
| Holdings as of | Sep 14, 2026 | the issuer’s daily file |
| Top holdings | Ionq Inc 18.1%, Quantinuum Inc 15.7%, D-wave Quantum Inc 15.4%, Infleqtion Inc 8.9%, Arqit Quantum Inc 7.2%, Rigetti Computing Inc 6.5%, Quantum Computing Inc 6.4%, Iqm Quantum Computers Oyj 6.2%, Xanadu Quantum Technologies Ltd 5.5%, Btq Technologies Corp 5.3% | ETFIQ |
| Net assets | $17m | the issuer own daily fund list, as of Sep 11, 2026 |
| Below its all-time high | −34.4% | ETFIQ |
| Expense ratio | 0.77% | 485BPOS XBRL, Jan 5, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.77% | ETFIQ |
| Closest funds by holdings overlap | WQTM 32%, QTUM 11% | ETFIQ |

## Questions

### How much of QTUP is in S&P 500 companies?

By its holdings published by its issuer for Sep 14, 2026, 0% of QTUP by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different.

### What does QTUP hold?

13 positions as published by its issuer for Sep 14, 2026, with the top ten at 95% of the fund. The largest are Ionq Inc at 18.1%, Quantinuum Inc at 15.7%, D-wave Quantum Inc at 15.4%.

### Has QTUP beaten the S&P 500?

Over the year to Sep 11, 2026 QTUP returned −15.6% with distributions reinvested, against +5.6% for the S&P 500, so it finished behind the index by 21.2 points.

### What does QTUP cost?

The prospectus expense ratio is 0.77% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.77%.


## Cite this page

ETFIQ, QTUP, data as of Sep 11, 2026. https://etfiq.com/funds/qtup
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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