Core Insights - Defiance ETFs' Quantum Computing ETF (QTUM) has surpassed $3.5 billion in assets under management and received a 5-star Morningstar® Rating for strong risk-adjusted performance [1][3] Fund Overview - QTUM was launched in September 2018 and focuses on companies advancing quantum computing, machine learning, and related technologies [2] - The fund aims to track the performance of companies involved in next-generation computing infrastructure, including quantum hardware, software, and semiconductors [2] Performance Metrics - Since its inception, QTUM has delivered a cumulative total return of 394.13% through January 31, 2026 [3] - Over the one-year period ending January 31, 2026, the fund returned 42.12% at NAV, net of fees [3] - Standardized performance metrics as of January 31, 2026, show a total return NAV of 5.90% year-to-date and 42.12% over the past year [4] Investment Strategy - QTUM provides focused exposure to companies in quantum computing, machine learning, and artificial intelligence, which are seen as foundational for the next era of AI-driven innovation [4] - The fund is designed to be a core technology allocation, diversifying exposure across quantum, AI, and enabling technologies [5] - Increased investor demand for scalable, future-oriented exposure has driven asset growth, supported by sustained net inflows and expanding institutional participation [5] Industry Context - The evolution of quantum computing from academic research to commercial applications is accelerating, leading to a rethinking of core technology exposure among investors [5] - Traditional tech benchmarks are heavily weighted toward software and SaaS models, which may be disrupted by advances in quantum computing and AI [5]