Summary
Tidal Trust II - Defiance Pure Quantum ETF is an ETF - a fund traded on an exchange like a stock - run by Defiance. Positions inside: 17. The ten largest make up 99% of the fund.
- Yearly costs
- 0.77%
- Fund size
- $16.7M
- Positions
- 17
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 99% of the fund, so its result rests on a few names.
- High costs: 0.77% a year.
- In the last five years its price once dropped by 51% from its high.
- A young fund: it has been running only since 2026.
- A small fund with $16.7M under management; small funds get closed more often.
- It trades little: only about $542.3K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -27%
- 3 months
- -26%
- Avg. market cap
- $4.36B
- P/E
- -
- Forward P/E
- -
- P/S
- 62.7x
- P/B
- 1.7x
- P/FCF
- -
- EV/EBITDA
- -
- Dividend yield
- 0.00%
- ROIC
- -14.3%
- ROE
- -75.4%
- Gross margin
- 35.2%
- Operating margin
- -753.1%
- Net margin
- -1,002.7%
- Payout ratio
- -
- Net debt/EBITDA
- -
- Beta
- 5.92
Weighted average of the 10 largest companies, which make up 67% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 First American Government Obligations Fund 12/01/2031 25%
- 2 IOIonQ, Inc. IONQ 12%
- 3 QUANTINUUM INC.-SWAP-NMRA-L 9.1%
- 4 RIGETTI COMPUTING, INC.-SWAP-NMRA-L 8.5%
- 5 D-WAVE QUANTUM INC.-SWAP-NMRA-L 8.3%
- 6 PSPasqal Holding S.A. Ordinary Share PSQL 7.9%
- 7 XNXanadu Quantum Technologies Limited XNDU 7.6%
- 8 INInfleqtion Inc INFQ 7.5%
- 9 HQHorizon Quantum Holdings Ltd. Class A Ordinary Shares HQ 7.4%
- 10 IQIQM Quantum Computers Oyj IQMX 4.9%
Positions in the fund: 17. The ten largest make up 99% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 39%
- France 7.9%
- Canada 7.6%
- Singapore 7.4%
- Other countries 38%
By company size
- Large cap 19%
- Mid cap 21%
- Small cap 49%
- Micro cap 11%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 67% of the fund.
Largest country: United States (39%). Largest size group: Small cap (49%).
What does it cost me?
Expensive- Yearly costs
- 0.77%
- A year from $10,000
- $77.00
- Over 20 years
- $3,632
From every $10,000 invested the fund takes $77.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,632.
How has it done?
- Deepest drop
- -51%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $542.3K
- Shares a day
- 47K
On an average day about $542.3K of the fund changes hands.
How expensive are the companies inside?
- Average Bulios Score
- 36 out of 100
Counted from its largest companies (10), which make up 67% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
CQ CQTM Corgi Quantum Computing ETF | United States | 0.35% | $5.39M | - | - | 47% |
WQ WQTM WisdomTree Quantum Computing Fund | United States | 0.45% | $240.1M | -3.7% | - | 31% |
WQ WQTM.DE WisdomTree Quantum Computing UCITS ETF - USD Acc | Ireland | 0.50% | $303.7M | -1.0% | - | 24% |
QU QUTM.DE VanEck Quantum Computing UCITS ETF | Ireland | 0.55% | $218.3M | -2.3% | - | 23% |