WisdomTree Quantum Computing Fund

WQTM

Market cap $316M

Technology stocks, and nearly every other segment with ties to the artificial intelligence (AI) trade, are in the midst of a two-month swoon as market participants look for greener, non-tech pastures. Not surprisingly, quantum computing equities are getting the bad end of that deal.

Share declines for companies with an exclusive focus on quantum computing have been significant this year—D-Wave Quantum Inc. NYSE: QBTS has dropped a dismal 23% year-to-date (YTD), for instance, while even better-faring rivals like IonQ Inc. NYSE: IONQ are still down 5%. A perfect storm of threats from larger rivals (or up-and-coming new names), continued struggles with marketability and profit, and uneven revenue performance have prompted many companies in the space to slump.

Key Takeaways President Trump's June 2026 quantum executive orders and recent CHIPS Act funding have elevated quantum computing to a national priority, strengthening the investment case for diversified exposure through the WisdomTree Quantum Computing Fund (WQTM).

The Macro Shift: Generative AI built on traditional silicon is approaching a literal power and physical limitation wall. Quantum computing is one of the most credible next-step technologies. The Catalyst: Quantum Computing is waiting for its breakout moment. The U.S. Commerce Department just threw a $2 billion bag of CHIPS Act cash at the quantum sector. The Edge: I rate the WisdomTree Quantum Computing Fund (WQTM) as a Buy. It wraps the top quantum names with the largest moats into a diversified basket.

There was a time when the quantum computing investment thesis was more hype than anything. That was enough to tempt some retail investors for a while.

QTUM increasingly behaves like diversified AI infrastructure exposure, while direct quantum allocations have materially declined over time. WQTM offers higher quantum purity alongside concentrated exposure to networking, photonics, optical infrastructure, and specialized compute beneficiaries. Narrow AI market leadership favors concentrated portfolios, making WQTM structurally better positioned than QTUM's equal-weighted diversified strategy.

Artificial intelligence (AI) might be the talk of the town these days, but quantum computing is the quiet thunder rumbling in the background. It just got much louder with the U.S. White House commiting to roll out a massive $2 billion funding package distributed across nine quantum computing companies.

BTQ Technologies Corp. (NASDAQ: BTQ) is set to get a boost in visibility among U.S. thematic investors after the quantum security company was included in the WisdomTree Quantum Computing Fund (BATS: WQTM), an ETF focused on the rapidly evolving quantum computing landscape.

Artificial intelligence is the headline-grabbing technology story today, but in the background, you'll hear the term quantum computing. Quantum computing could dramatically increase the computing power available to the world.

The quantum computing investment thesis is relatively young, and its related stocks embraced at a fever pitch by some retail investors. Perhaps that explains its often dramatic emotional swings, both positive and negative.