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Quantum Computing Investment Opportunity
Quantum computing, utilizing “qubits” for advanced computational capabilities, is projected to solve certain problems in minutes that traditional computers would take hundreds of years to tackle. This technology could significantly impact fields like artificial intelligence and autonomous vehicles.
The Defiance Quantum ETF (NASDAQ: QTUM) comprises 79 companies, including top holdings like Rigetti Computing (3.3% of assets), Advanced Micro Devices, and Intel. With an expense ratio of 0.40%, it aims to provide diversified exposure to the emerging quantum computing sector. Despite its potential, investing in this sector is considered risky and volatile due to its nascent stage.
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