{"id":177937,"date":"2025-09-24T05:54:11","date_gmt":"2025-09-24T05:54:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/177937\/"},"modified":"2025-09-24T05:54:11","modified_gmt":"2025-09-24T05:54:11","slug":"qbts-and-etfs-ptf-sprx-qtum-in-focus","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/177937\/","title":{"rendered":"QBTS and ETFs PTF, SPRX, QTUM in Focus"},"content":{"rendered":"<p>The quantum computing industry is among the fastest growing corners of the tech space\u2014<a href=\"https:\/\/www.mckinsey.com\/capabilities\/mckinsey-digital\/our-insights\/the-year-of-quantum-from-concept-to-reality-in-2025\" rel=\"nofollow noopener\" target=\"_blank\">analysts at McKinsey predict it could skyrocket<\/a> from $4 billion in revenue in 2024 to up to $72 billion in 2035. With a growing field of competitors specializing in developing quantum tech that are becoming increasingly competitive with legacy tech firms expanding into the space, investors have the difficult job of assessing which <a href=\"https:\/\/www.marketbeat.com\/compare-stocks\/quantum-computing-stocks\/\" rel=\"nofollow noopener\" target=\"_blank\">quantum stocks<\/a> may be most likely to thrive in the coming years.<\/p>\n<p>D-Wave Quantum Today<img decoding=\"async\" loading=\"lazy\" height=\"26\" width=\"39\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/d-wave-quantum-inc-logo.png\" alt=\"D-Wave Quantum Inc. stock logo\"\/>$27.50  +1.83\u00a0(+7.14%) As of 09\/23\/2025 03:59 PM Eastern This is a fair market value price provided by Polygon.io. <a href=\"http:\/\/www.marketbeat.com\/about\/#data\" rel=\"nofollow noopener\" target=\"_blank\">Learn more.<\/a>52-Week Range$0.87<\/p>\n<p>\u25bc<\/p>\n<p>$27.99<\/p>\n<p>Price Target$20.27<\/p>\n<p><a href=\"https:\/\/marketbeat.com\/stocks\/NYSE\/QBTS\/\" rel=\"nofollow noopener\" target=\"_blank\">D-Wave Quantum Inc. NYSE: QBTS<\/a> falls into the first category among other new companies aiming to achieve marketability and consistent profits. Though the company has most seen its <a href=\"https:\/\/www.marketbeat.com\/originals\/can-advantage2-help-overcome-d-waves-share-price-plateau\/\" rel=\"nofollow noopener\" target=\"_blank\">share price plateau in recent months<\/a>, it rallied by a surprising 52% in a five-day span late in September 2025.<\/p>\n<p>Get D-Wave Quantum alerts:<\/p>\n<p>Sign Up<\/p>\n<p>For investors seeking to capitalize on the quantum race but unsure of whether to pick individual stocks like QBTS, a number of quantum computing exchange-traded funds (ETFs) are available to provide ready-made diversification. Interestingly, out of the three ETFs we explore below, two do not hold any shares of D-Wave.<\/p>\n<p>This may be due to the company&#8217;s volatility, concerns about overvaluation, its lack of profitability in recent quarters, or even to more technical limiting factors like fund mandates or index rules.<\/p>\n<p>A Multi-Cap Tech Fund Focused on Momentum<br \/>\nInvesco Dorsey Wright Technology Momentum ETF Today<img decoding=\"async\" loading=\"lazy\" height=\"26\" width=\"34\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/invesco-dwa-technology-momentum-etf-logo.png\" alt=\"Invesco Dorsey Wright Technology Momentum ETF stock logo\"\/><a class=\"mr-2 font-12 nounderline\" href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/PTF\/\" rel=\"nofollow noopener\" target=\"_blank\">PTF<\/a><a rel=\"nofollow noopener\" href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/PTF\/chart\/\" target=\"_blank\"><img decoding=\"async\" style=\"vertical-align:top;width:50px;\" class=\"sparkline\" alt=\"PTF 90-day performance\" title=\"90-day performance\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/sparklines.ashx\"\/><\/a><\/p>\n<p>Invesco Dorsey Wright Technology Momentum ETF<\/p>\n<p>$76.57  -0.27\u00a0(-0.35%) <\/p>\n<p>As of 09\/23\/2025 04:00 PM Eastern<\/p>\n<p>52-Week Range$49.57<\/p>\n<p>\u25bc<\/p>\n<p>$80.92<\/p>\n<p>Dividend Yield0.20%<\/p>\n<p>Assets Under Management$397.87 million<\/p>\n<p>The <a href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/PTF\/\" rel=\"nofollow noopener\" target=\"_blank\">Invesco Dorsey Wright Technology Momentum ETF NASDAQ: PTF<\/a> is focused primarily on companies in the information technology sector\u2014more than 88% of fund assets are invested in tech names, with communication services and financials making up the bulk of the remainder. However, as of mid-September 2025, its 40 holdings do not include D-Wave.<\/p>\n<p>One likely reason for this is that, as the name of the fund suggests, PTF focuses on momentum stocks (those with relative strength compared to peers in the same market universe). Given the plateau for QBTS shares in recent months, this would likely disqualify it from inclusion.<\/p>\n<p>Indeed, some other major names in the quantum computing space that have also lacked momentum in recent periods are also missing from the list.<\/p>\n<p>PTF has seen mixed results with its approach, which includes mega-cap tech names alongside much smaller firms from the U.S. market. Though it has only returned about 4% year-to-date (YTD), substantially trailing the S&amp;P over the same period, its 25% return in the last 12 months comes out ahead of the broader market.<\/p>\n<p>Narrow Portfolio For an Actively Managed Fund Heavy on Other Quantum Names<br \/>\nSpear Alpha ETF Today$39.80  -0.40\u00a0(-1.00%) <\/p>\n<p>As of 09\/23\/2025 03:59 PM Eastern<\/p>\n<p>52-Week Range$16.31<\/p>\n<p>\u25bc<\/p>\n<p>$40.32<\/p>\n<p>Assets Under Management$119.57 million<\/p>\n<p>The <a href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/SPRX\/\" rel=\"nofollow noopener\" target=\"_blank\">Spear Alpha ETF NASDAQ: SPRX<\/a> is somewhat more expensive than the PTF above, with an expense ratio of 0.75% compared to PTF&#8217;s 0.60%. Still, SPRX does offer active management, which allows fund managers to better adapt to changes in the industrial technology space.\u00a0<\/p>\n<p>SPRX is not specifically focused on quantum computing, but some of the industries within its portfolio\u2014such as AI and enterprise digitalization\u2014stand to benefit from quantum tech developments.<\/p>\n<p>SPRX has a limited portfolio of fewer than 25 names, but it does include D-Wave rivals like <a href=\"https:\/\/www.marketbeat.com\/stocks\/NYSE\/IONQ\/\" rel=\"nofollow noopener\" target=\"_blank\">IonQ NYSE: IONQ<\/a> and <a href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/RGTI\/\" rel=\"nofollow noopener\" target=\"_blank\">Rigetti Computing NASDAQ: RGTI<\/a>.<\/p>\n<p>\u00a0Without an underlying index, investors are left to speculate as to why these firms have made the list but D-Wave has not. It could be related to <a href=\"https:\/\/www.marketbeat.com\/originals\/d-wave-quantum-hidden-opportunity-or-short-sellers-dream\/\" rel=\"nofollow noopener\" target=\"_blank\">concerns surrounding D-Wave&#8217;s annealing technology<\/a>, which some analysts have speculated could be less marketable than the approaches rivals are using.<\/p>\n<p>Because of its narrow portfolio, SPRX is somewhat riskier than other funds offering access to the quantum space. Still, this ETF has performed exceptionally well, with YTD returns topping 45% and a 12-month return of about 82%.<\/p>\n<p>A Quantum-Focused Fund With Low Fees and a Global Reach<br \/>\nDefiance Quantum ETF Today<img decoding=\"async\" loading=\"lazy\" height=\"26\" width=\"49\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/the-defiance-quantum-etf-logo.png\" alt=\"The Defiance Quantum ETF stock logo\"\/><a class=\"mr-2 font-12 nounderline\" href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/QTUM\/\" rel=\"nofollow noopener\" target=\"_blank\">QTUM<\/a><a rel=\"nofollow noopener\" href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/QTUM\/chart\/\" target=\"_blank\"><img decoding=\"async\" style=\"vertical-align:top;width:50px;\" class=\"sparkline\" alt=\"QTUM 90-day performance\" title=\"90-day performance\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/1758693251_858_sparklines.ashx\"\/><\/a><\/p>\n<p>Defiance Quantum ETF<\/p>\n<p>$106.30  +0.01\u00a0(+0.01%) <\/p>\n<p>As of 09\/23\/2025 04:00 PM Eastern<\/p>\n<p>52-Week Range$61.28<\/p>\n<p>\u25bc<\/p>\n<p>$107.25<\/p>\n<p>Dividend Yield0.57%<\/p>\n<p>Assets Under Management$816.35 million<\/p>\n<p>One fund in the quantum universe that does include D-Wave is the <a href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/QTUM\/\" rel=\"nofollow noopener\" target=\"_blank\">Defiance Quantum ETF NASDAQ: QTUM<\/a>. With an annual fee of 0.40%, it is among the cheapest funds in this space, and at 78 holdings, it has broader diversification than either fund above.<\/p>\n<p>Despite the name, QTUM is not solely focused on quantum computing names\u2014it also includes firms from the machine learning space and other tech niches. With a mandate to include companies from developed markets, QTUM is free to hold global quantum names like the U.K.&#8217;s\u00a0<a href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/ARQQ\/\" rel=\"nofollow noopener\" target=\"_blank\">Arqit Quantum NASDAQ: ARQQ<\/a>.<\/p>\n<p>The wider reach may be worthwhile for investors seeking to expand their exposure. QTUM has returned more than 29% YTD and almost 76% in the last year.<\/p>\n<p>Before you consider D-Wave Quantum, you&#8217;ll want to hear this.<\/p>\n<p>MarketBeat keeps track of Wall Street&#8217;s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the <a href=\"https:\/\/www.marketbeat.com\/newsletter\/PDFoffer.aspx?offer=top5&amp;RegistrationCode=ArticlePage-ShouldYouInvest\" rel=\"nofollow noopener\" target=\"_blank\">five stocks<\/a> that top analysts are quietly whispering to their clients to buy now before the broader market catches on&#8230; and D-Wave Quantum wasn&#8217;t on the list.<\/p>\n<p>While D-Wave Quantum currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.<\/p>\n<p><a class=\"btn btn-featured\" style=\"text-decoration:none\" href=\"https:\/\/www.marketbeat.com\/newsletter\/PDFoffer.aspx?offer=top5&amp;RegistrationCode=ArticlePage-ShouldYouInvest\" rel=\"nofollow noopener\" target=\"_blank\">View The Five Stocks Here <\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"209\" width=\"170\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/small_20250122093928_reportpreviewthe-best-high-yield-dividend-stocks-f.png\" class=\"mt-2 position-relative\" style=\"max-width:100%;height:auto;z-index:1;margin-top:-0.75em!important;\" alt=\"The Best High-Yield Dividend Stocks for 2025 Cover\"\/><\/p>\n<p class=\"font-small mb-2\" style=\"line-height:1.3em;\">Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.<\/p>\n<p><a class=\"upper-link\" style=\"text-decoration:none; color:var(--blue); font-size:1rem;\" href=\"https:\/\/marketbeat.com\/newsletter\/pdfoffer.aspx?offer=highyield&amp;RegistrationCode=ArticlePage-FreeReport\" rel=\"nofollow noopener\" target=\"_blank\">Get This Free Report<\/a><\/p>\n<p>Like this article? 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