The Defiance Quantum ETF has returned 54.06% year to date through June 22, 2026, outperforming IonQ's 29.98% gain over the same period. QTUM holds 85 stocks across the quantum and AI-hardware supply chain, including IonQ, IBM, Microsoft, and Alphabet, for a 0.40% annual expense ratio. IonQ posted a 755% revenue surge to $64.67 million in Q1 2026 but guided to a $310 million to $330 million adjusted EBITDA loss for the year and burned $151.02 million in operating cash in the quarter. The ETF has $6.02 billion in assets under management and has returned 94.08% over one year and 265.06% over five years. Investors holding IonQ face concentrated risk on a single trapped-ion architecture, while QTUM spreads exposure across competing quantum approaches and the broader hardware ecosystem.
IONQ IncGuided to $310M-$330M adjusted EBITDA loss and burned $151M in operating cash, despite revenue surge.
International Business Machines
Alphabet Inc Class C
Microsoft Corporation