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CQTM

GradeBChicago Board Options Exchange

Corgi Quantum Computing ETF

Themes · Corgi Funds · Inception 2026-05-05

$23.90+0.09 (+0.38%)

As of Sep 23, 2026, 2:56 PM EDT

History starts May 6, 2026.History starts May 6, 2026.History starts May 6, 2026.
Intraday session: up, 28 prints from 23.81 to 23.90. Range 23.85 to 24.88. Use the arrow keys to read each point.$24.50$25.0010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$15M
1Y return
—
Yield · Last 12 months
—
Holdings
30
Volume · 30D
0M sh
NAV per share
$23.84
52W range
low $21.14high $35.04

The ETF.net CQTM Grade

B

65/ 100

Rank 3 of 9 in Quantum Computing & Photonics⁠

Confidence Medium

Six-pillar profile for CQTM. Scores out of 100: Cost 88, Risk 42, Mission not scored, Tradability 53, Holdings 59, Durability 55. Strongest: Cost (88). Weakest: Risk (42). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 65 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 88
    Category rank1/9 · top 11%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 42
    Category rank3/5 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 53
    Category rank5/9 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 59
    Category rank5/9 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 55
    Category rank6/9 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CQTM

ETF.net Research

BAn active take on the quantum race that plays both sides: the companies building the machines and the ones building security meant to survive them. Fee is 0.35% a year, under the typical global thematic fund.

Stated mandate

The Fund's stated aim is to increase the value of shareholders' investments.

Why people hold it

  1. 010.35% a year, comfortably below the median fee for the global thematic funds we grade.
  2. 02The 80% mandate stretches past hardware: quantum-enabled technologies and post-quantum security are in scope, so defense against quantum counts alongside the build-out.
  3. 03Actively managed and global in reach (US and international names), so the manager can rotate as the field moves instead of waiting on an index committee.
  4. 04Lands in the upper half of its global thematic peer group in our grading, with no structural red flags on the wrapper (a standard 1940 Act fund).

Worth knowing

  1. 01Launched in 2026, so the track record is short, and volatility has screened high even by single-theme standards. Our read on its risk rests on limited history.
  2. 02Small asset base and light trading volume, which tends to mean wider gaps between the buy and sell price than on household-name ETFs.
  3. 03The mandate targets capital appreciation and the fund has not been paying regular distributions, so this is a price-return holding.

CQTM Holdings

As of Sep 20, 2026, 8:16 AM
Asset class
Stocks
Holdings
30
Top-10 weight
71%
Largest holding
IONQ16.2%

Sectors

  • Technology90.9%
  • Communication5.0%
  • Industrials4.1%

Geography

  • United States74.08%
  • Canada10.49%
  • United Kingdom4.47%
  • Singapore3.91%
  • Finland3.19%
  • Switzerland3.00%
  • France0.87%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IONQIonQ Inc16.24%61,817$2M134
002QBTSD-Wave Quantum Inc10.29%89,603$2M79
003QNTQuantinuum Inc8.12%23,464$1M49
004RGTIRigetti Computing Inc7.79%73,595$1M77
005INFQInfleqtion Inc5.67%63,895$845K48
006GOOGLAlphabet Inc4.82%2,053$718K704
007QUBTQuantum Computing Inc4.76%81,461$709K66
008IBMInternational Business Machines Corp4.68%3,036$697K430
009FORMFormFactor Inc4.59%5,779$684K154
010ARQQArqit Quantum Inc4.49%33,220$669K9
011—First American Government Obligations Fund 12/01/20313.86%575,645$576K625
012HQHorizon Quantum Holdings LTD3.81%41,961$568K3
013HONHoneywell International Inc3.75%2,706$559K355
014QNCQuantum Emotion Corp3.70%330,423$552K3
015IQMXIQM Quantum Computers Oyj3.35%52,322$499K4

Showing 1–15 of 20 holdings

CQTM Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CQTM$7,211
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. CQTM $7,211. SPY $10,415. Use the arrow keys to read each point.$6,078$8,426$10,774Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CQTM. Periods over one year show the average yearly return.
PeriodCQTM
Year to dateFund launched this year—
1 month−9.2%
3 months−27.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CQTM
YearReturn barCQTM
2026 YTD−13.8%

History from May 6, 2026

CQTM in the news

ETF.net Research hasn’t filed on CQTM yet — coverage lands here as it’s written.

CQTM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed May 2026. No distributions yet.

CQTM Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched May 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched May 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
4.26
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CQTM Cost

Expense ratio0.35%
  • The middle half of Quantum Computing & Photonics funds
  • Median 0.54%

No Quantum Computing & Photonics fund charges less.

CQTM costs $35.00 a year on $10,000. The median Quantum Computing & Photonics fund costs $54.50.