QTUP - Tidal Trust II - Defiance Pure Quantum ETF
QTUP invests in companies that derive at least 50% of their revenue or operating activity from quantum computing or machine learning. The portfolio generally holds between three and ten companies selected using a qualitative and thematic evaluation process that considers factors such as research activity, intellectual property, partnerships, product development, and market characteristics. Holdings are typically equally weighted and reviewed at least quarterly, although changes may be made at any time in response to developments within the quantum computing industry.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $11.4M
- Beta
- 5.92
- 52-Week Range
- 12.785-24.58
- IPO Date
- Jun 9, 2026
- Exchange
- CBOE
QTUP Options Snapshot
Options pricing data for QTUP is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The QTUP overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
QTUP fund facts: expense ratio 0.77%, assets under management $20.3M, NAV $15.75 as of the data source's update on Oct 8, 2026, 19 holdings in its latest file, launched Jun 8, 2026, issued by Defiance. See the QTUP holdings.
Frequently asked QTUP overview questions
- What is QTUP?
- QTUP is the ticker symbol for Tidal Trust II - Defiance Pure Quantum ETF, an listed exchange-traded fund. QTUP invests in companies that derive at least 50% of their revenue or operating activity from quantum computing or machine learning. The portfolio generally holds between three and ten companies selected using a qualitative and thematic evaluation process that considers factors such as research activity, intellectual property, partnerships, product development, and market characteristics. Listed on CBOE. QTUP is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are QTUP's key statistics?
- Tidal Trust II - Defiance Pure Quantum ETF (QTUP) carries a market capitalization of $11.4M, 52-week range of 12.785-24.58. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does QTUP belong to?
- Tidal Trust II - Defiance Pure Quantum ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare QTUP's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the QTUP data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for QTUP, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.