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QTUM vs QBTS

Side-by-side quantum stock comparison: market cap, share price, classification, and thesis.

ETF
Defiance Quantum ETF
$4.07B
Market cap
$154.46
Share price
Pure-play
D-Wave Quantum Inc.
$7.37B
Market cap
$20.08
Share price

Market cap, head to head

Stat-by-stat

MetricQTUMQBTS
TypeETFPure-play
SegmentFundHardware
ExchangeNASDAQNYSE
CountryUSCA
Market cap$4.07B$7.37B
Share price$154.46$20.08
Employees216
SectorFinancial ServicesTechnology
IndustryAsset ManagementComputer Hardware
QTUM
Defiance Quantum ETF

Quantum thesis

QTUM tracks an index of roughly 70 companies tied to quantum computing and machine learning. Holdings are weighted equally and rebalanced semi-annually, which dilutes the pure-play quantum exposure but limits single-name risk. The cleanest one-ticker way to own the diversified version of the quantum theme.

Full QTUM page →
QBTS
D-Wave Quantum Inc.

Quantum thesis

D-Wave is the only public pure-play on quantum annealing, an approach optimized for combinatorial-optimization problems rather than universal gate-based computation. The company also offers a gate-model roadmap and a Leap cloud service, but its differentiator is annealing hardware that is already in commercial deployment with customers in logistics and finance.

Full QBTS page →