en.Wedoany.com Reported - Defiance ETFs has launched an actively managed ETF focused on early-stage quantum computing companies. Defiance ETFs, a US-based provider of thematic and leveraged exchange-traded funds (ETFs), announced on June 9, 2026, the launch of the Defiance Long Pure Quantum ETF. The fund trades on the exchange under the ticker QTUP and is an actively managed fund whose portfolio will concentrate holdings in companies whose business focus is on quantum computing.
This new product complements the Defiance quantum product line. The series already includes the flagship Defiance Quantum ETF (QTUM) and the Defiance 2X Daily Long Pure Quantum ETF (QPUX). QTUM is an index-based fund with assets exceeding $6 billion as of June 2, 2026, covering large enterprises in the quantum computing and machine learning ecosystem. QTUP, through active stock selection, concentrates investments in smaller, earlier-stage, but higher-growth potential pure-play quantum companies. QPUX is geared towards tactical traders seeking daily two-times leveraged exposure.
According to the fund's prospectus, a "pure-play quantum company" must allocate at least 50% of its annual revenue or operating activities to quantum computing or machine learning development. Under normal market conditions, QTUP will invest at least 80% of its net assets in such companies. The portfolio team actively selects emerging enterprises in quantum hardware, software, communications, and sensing, and conducts position reviews at least quarterly.
Sylvia Jablonski, Chief Investment Officer of Defiance ETFs, stated that QTUP provides investors with a non-leveraged, focused investment approach as a complement to the broad-based QTUM. She noted that investor confidence in quantum as a technological frontier has grown significantly.
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