Defiance Quantum ETF (QTUM) Valuation
QTUM valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 53.5 trailing earnings
- Forward P/E
- 23.0 analyst estimates
- Price / sales
- 0.88
- Price / book
- 6.10
- EV / EBITDA
- 15.9
- Earnings yield
- 1.87% inverse of P/E
- Dividend yield
- 0.68% of the holdings
- Return on equity
- 11.4% combined
- Net margin
- 1.6% combined
- Beta
- 1.31 weighted, vs S&P 500
QTUM valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| QTUM | 53.5 | 23.0 | 0.88 | 6.10 | 0.68% | 11.4% | 1.6% | 21.9% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
QTUM valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 78.4% | 66.7 | 23.3 | 0.88 | 7.33 | 0.63% | 11.0% |
| Consumer Cyclical | 2.6% | 22.7 | 20.5 | 0.50 | 2.64 | 0.46% | 11.6% |
| Healthcare | 1.5% | n/m | 36.6 | 2.39 | 5.31 | 0.00% | −2.1% |
QTUM earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How QTUM weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
QTUM largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| 3443 | Global Unichip Corp | 2.33% | — | — | — | — | — |
| ESTC | Elastic N.V. | 1.99% | 26.2 | 27.4 | 5.3 | — | 5.67% |
| PLTR | Palantir Technologies Inc. | 1.88% | 160.4 | 85.5 | 72.6 | — | 0.88% |
| MSFT | Microsoft Corporation | 1.74% | 29.5 | 25.1 | 11.8 | 0.74% | 4.41% |
| SNOW | Snowflake Inc. | 1.73% | — | 169.5 | 19.9 | — | −1.34% |
| NTNX | Nutanix, Inc. | 1.73% | 12.9 | 29.9 | 6.3 | — | 9.97% |
| NET | Cloudflare, Inc. | 1.72% | — | 178.6 | 42.0 | — | −0.23% |
| 6701 | NEC Corp. | 1.65% | — | — | — | — | — |
| HQ | Horizon Quantum Holdings Ltd. Class A | 1.63% | — | — | 1,000,000.0 | — | −2.29% |
| 6702 | Fujitsu Ltd. | 1.63% | — | — | — | — | — |
| REY | Reply S.p.A. | 1.60% | — | — | — | — | — |
| AMD | Advanced Micro Devices, Inc. | 1.57% | 134.9 | 39.5 | 20.9 | — | 0.87% |
| HPE | Hewlett Packard Enterprise Company | 1.51% | 28.4 | 13.6 | 1.7 | 1.03% | 3.97% |
| RDNT | RadNet, Inc. | 1.50% | — | 36.6 | 2.4 | — | −0.44% |
| 9432 | Nippon Telegraph & Telephone Corp | 1.50% | — | — | — | — | — |
| 6501 | Hitachi Ltd | 1.49% | — | — | — | — | — |
| 2357 | Asustek Computer Inc | 1.46% | — | — | — | — | — |
| RTX | RTX Corporation | 1.42% | 34.1 | 24.6 | 2.8 | 1.51% | 3.10% |
| NVDA | NVIDIA Corporation | 1.35% | 27.1 | 24.9 | 17.1 | 0.47% | 3.72% |
| AMZN | Amazon.com, Inc. | 1.34% | 20.1 | 23.6 | 3.5 | — | 4.97% |
| AIR | Airbus Group SE | 1.33% | — | — | — | — | — |
| MDB | MongoDB, Inc. | 1.31% | 468.8 | 70.4 | 9.8 | — | 0.21% |
| ADI | Analog Devices, Inc. | 1.30% | 47.0 | 23.2 | 13.8 | 1.11% | 2.07% |
| LMT | Lockheed Martin Corporation | 1.30% | 20.3 | 16.2 | 1.7 | 2.61% | 4.76% |
| ARQQ | Arqit Quantum Inc. | 1.30% | — | 18.7 | 224.7 | — | −22.16% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About QTUM valuation
Adding up its 62 holdings with company data, QTUM trades at 53.5 times trailing earnings and 23.0 times analysts' forward estimates, with a price-to-book ratio of 6.10 and a dividend yield of 0.68%. Its earnings yield of 1.87% is 3.46 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 18.0% of the fund and earn 21.5% of its combined profit. By sector, Technology is the most expensive at 66.7 times earnings and Consumer Cyclical the cheapest at 22.7. Companies that lost money over the past year are 21.9% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 71.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: QTUM chart, QTUM performance, QTUM holdings, QTUM dividends.
QTUM valuation FAQ
What is the P/E ratio of QTUM?
Based on its holdings, QTUM has a trailing P/E of 53.5 and a forward P/E of 23.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of QTUM?
The trailing earnings yield is 1.87% (1 ÷ P/E) and the forward earnings yield 4.35%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is QTUM more expensive than the S&P 500?
QTUM trades at 53.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.0 and 19.9.
What is the price-to-book ratio of QTUM?
The holdings of QTUM trade at 6.10 times book value, with a combined return on equity of 11.4%.
Which sector in QTUM has the highest P/E?
Technology has the highest P/E at 66.7 and Consumer Cyclical the lowest at 22.7.