As of May 27, 2025, the Defiance Quantum ETF has yielded an approximate 8% return this year, outperforming major indices like the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average. Key contributors to the ETF’s performance include companies such as IonQ, Rigetti Computing, and D-Wave Quantum.
The total addressable market for quantum computing is projected to be in the hundreds of billions of dollars, spurred by the technology’s potential to perform calculations significantly faster than conventional computing. Despite this potential, the current P/S ratios for quantum computing firms are seen as unsustainable, with these companies collectively generating tens of millions in revenue while incurring substantial losses.
