Insider Brief
- Defiance ETFs has launched the Defiance Long Pure Quantum ETF (QTUP), an actively managed fund focused on early-stage companies whose businesses are primarily tied to quantum computing and machine learning.
- The new ETF expands Defiance’s quantum lineup, which now includes the broad-based Defiance Quantum ETF (QTUM), the concentrated QTUP fund and the leveraged Defiance 2X Daily Long Pure Quantum ETF (QPUX).
- Under its investment strategy, QTUP will allocate at least 80% of its net assets to companies deriving at least half of their revenue or operating activity from quantum computing or machine learning, with holdings reviewed at least quarterly.
PRESS RELEASE — Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, announced the launch of the Defiance Long Pure Quantum ETF (Cboe BZX: QTUP), an actively managed ETF that adds early stage quantum computing companies to the firm’s quantum suite alongside its flagship Defiance Quantum ETF (QTUM) and the Defiance 2X Daily Long Pure Quantum ETF (QPUX).
QTUM remains the cornerstone of Defiance’s quantum lineup as a flagship fund with more than $6 billion in assets (as of June 2nd, 2026) that offers comprehensive, index-based exposure to the entire quantum computing and machine-learning ecosystem, including the established large-cap leaders that power it. QTUP complements that core with a concentrated, actively managed portfolio focused on a smaller group of companies whose primary business is quantum itself. These include companies that tend to be earlier-stage, smaller-capitalization, and higher-growth. Rounding out the suite, QPUX (the Defiance 2X Daily Long Pure Quantum ETF) seeks 2X daily leveraged exposure to the same high-growth, pure quantum names and is built for tactical, active traders. Together, the lineup now spans the full quantum spectrum: a broad foundation (QTUM), early-stage (QTUP), and leveraged tactical exposure (QPUX).
“With QTUP, we’re adding early stage quantum computing companies to our suite alongside QTUM and QPUX,” said Sylvia Jablonski, Chief Investment Officer. “QTUM is, and remains, our flagship fund as the most comprehensive way to own the entire quantum and machine-learning ecosystem. QTUP is built for the investor who wants to complement that core with focused exposure to the smaller, earlier-stage innovators driving the next phase of quantum.”
Under normal circumstances, QTUP invests at least 80% of its net assets in “Pure Quantum Companies”, defined in the fund’s prospectus as companies with at least 50% of their annual revenue or operating activity dedicated to the development of quantum computing or machine learning. The portfolio team actively selects a focused group of emerging innovators across quantum hardware, software, communications, and sensing, and reviews the portfolio at least quarterly as the industry evolves.
“Quantum is one of the most exciting frontiers in technology, and investor conviction in the theme has grown enormously,” said Sylvia Jablonski, Chief Investment Officer of Defiance ETFs. “QTUP gives investors a focused, unleveraged way to participate in the companies building that future, as a complement to the broad foundation QTUM provides.”
