If D-Wave Is Too Risky, Consider These 3 Quantum ETFs for Diversification

Core Insights - D-Wave Quantum Inc. has experienced a significant decline in share price, dropping over 38% in November, raising concerns among investors about the future of quantum computing [3] - Other companies in the quantum computing sector, such as Rigetti Computing and IonQ Inc., have also seen substantial declines of 42% and 21% respectively, indicating a broader trend of investor fatigue regarding profitability in this industry [3] - The current market environment suggests a shift from initial hype to a more cautious outlook as the technology matures and aligns with expectations [3] Investment Strategies - To mitigate risks while maintaining exposure to quantum computing, investors may consider diversifying through exchange-traded funds (ETFs) that include quantum-related stocks [4] - The WisdomTree Quantum Computing Fund, a recent addition to the ETF market, holds over three dozen stocks from both pure quantum players and diversified tech companies, with an expense ratio of 0.45% [5] - This fund's diversified approach includes significant positions in companies like D-Wave and Rigetti, while also incorporating larger tech firms such as Alphabet Inc. to provide a hedge against industry-specific volatility [6]