Defiance Quantum ETF
Defiance Quantum ETF (NASDAQ: QTUM) is an exchange-traded fund listed on NASDAQ, trading at $130.10 (about ₹12,267 a unit) as of 13 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.4% and holds 89 securities. Indian residents can buy QTUM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$127.69
Today's high
$132.49
52 week low
$98.21
52 week high
$170.00
QTUM opened at $132.45, closed previously at $132.49, and has traded between $98.21 and $170.00 over the past 52 weeks.
About
QTUM seeks out companies involved in the development of quantum computing and machine learning technology. Quantum computing refers to hardware and software designed to harness extremely fast computers that leverage the field of quantum mechanics, a branch of physics dealing with particles and their natural behavior. Covered technologies include the development of quantum computers, application of quantum computers, interaction between quantum and traditional computers, hardware and software for machine learning, specialized machinery for semiconductor and integrated circuit packaging, and production/processing of raw materials for quantum computing. Selected constituents are initially weighted equally, with possible downward adjustments for securities with low liquidity. QTUM is rebalanced semi-annually. Effective December 18 2020, The underlying index name changed to BlueStar Machine Learning and Quantum Computing Index with no change in investment strategies.
Key statistics
Expense ratio
0.4%
Assets (AUM)
$4.8B
Holdings
89
NAV
$132.35
Avg. volume
348.97K
1-year price change
+21.86%
5-year price change
+129.86%
Price change excludes dividends.
Top 10 holdings
QTUM holds 89 securities in total. These 10 are 18.6% of the fund.
Where the money is invested
Sectors
Countries
How to buy QTUM from India
Indian residents can buy QTUM units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in QTUM from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search QTUM and buy
Find the fund by its ticker, QTUM, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your QTUM position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying QTUM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the QTUM price today?
Defiance Quantum ETF (QTUM) last traded at $130.10 on NASDAQ, as of 13 Nov 2026, 4:00 PM ET. That is ₹12,267 a unit at the 13 Nov 2026 USD/INR rate.
When does QTUM trade, in Indian time?
NASDAQ trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is QTUM, and what does it cost to hold?
Defiance Quantum ETF manages about $4.8B. Its expense ratio is 0.4% a year, deducted inside the fund. It launched in 2018.
What are QTUM's largest holdings?
The top three are Global Unichip Corp (2.9%), Elastic NV (2.0%) and Cloudflare Inc (1.9%). QTUM's 10 largest positions make up 18.6% of the fund.
Does QTUM pay dividends?
Yes. QTUM is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on QTUM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of QTUM?
Yes. You can buy QTUM by amount rather than by whole unit, and there is no minimum trade size.
How has QTUM performed?
QTUM's price is up 21.9% over the past year and up 129.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.