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CQTM vs PHOX

Corgi Quantum Computing ETF

CQTMBCboe

Aura AI Photonics ETF

PHOXCNYSE Arca

Overlap

0.3%by weight

Expense ratio

CQTM −0.25pt a year

CQTM0.35%PHOX0.60%

Avg volume · 30D

CQTM 5.1×the volume

CQTM21.3KPHOX4.14K

CQTM vs PHOX Performance

Sep 30, 2026 – Oct 30, 2026

−24.9%CQTM−27.9%PHOX

Sep 30, 2026 to Oct 30, 2026. CQTM −24.9%. PHOX −27.9%. Use the arrow keys to read each point.−10%0%10%Sep 30Oct 15Oct 30
Expense ratio
CQTM 0.35%, better
PHOX 0.60%
Fund size
CQTM $15M
PHOX $2M
Holdings
CQTM 20
PHOX 28
Avg volume (30D)
CQTM 21.3K sh, better
PHOX 4.14K sh
NAV per share
CQTM $17.66
PHOX $17.07
52W range

ETF.net Grade

CQTM: Cost 88, Risk 46, Mission not scored, Tradability 46, Holdings 52, Durability 55. PHOX: Cost 50, Risk 37, Mission not scored, Tradability 13, Holdings 70, Durability 29.
Pillar letters and Scores for CQTM, PHOX, with each pillar’s weight
PillarCQTMPHOX
Cost30% weightA88HigherC50
Mission25% weightNot scoredNot scored
Risk15% weightC46HigherD37
Tradability15% weightC46HigherF13
Holdings10% weightC52A70Higher
Durability5% weightB55HigherD29

Rank among Quantum Computing & Photonics funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CQTM and PHOX are both graded against the same 8 Quantum Computing & Photonics funds, so their Grades compare head to head.

Quantum Computing & Photonics⁠

Category · 8 funds
See all 8 ›

CQTM ranks 3rd and PHOX 6th of 8 funds in the Quantum Computing & Photonics Category.

  1. Rank 1AEUVCorgi Lithography & Semiconductor Photonics ETFScore 79
  2. Rank 2AWQTMWisdomTree Quantum Computing FundScore 74
  3. Rank 3BCQTMCorgi Quantum Computing ETFScore 64
  4. Rank 4CLAZRTema Photonics & Optical ETFScore 41
  5. Rank 4CLYTERoundhill Photonics & Optics ETFScore 41
  6. Rank 6CPHOXAura AI Photonics ETFScore 40
  7. Rank 7DFOTOTuttle Capital Pure Play Photonics ETFScore 36
  8. XQBTNot yet graded

Our read on each fund

ETF.net Research

CQTMBCorgi Quantum Computing ETF

PHOXCAura AI Photonics ETF

In short

CQTM An 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.

PHOX No data

Stated mandate

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

PHOX No data

Why people hold it

  • CQTM 0.35% a year, comfortably below the median fee for the global thematic funds we grade.
  • The 80% mandate stretches past hardware: quantum-enabled technologies and post-quantum security are in scope, so defense against quantum counts alongside the build-out.
  • Actively 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.
  • Lands 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).

PHOX No data

Worth knowing

  • CQTM Launched 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.
  • Small asset base and light trading volume, which tends to mean wider gaps between the buy and sell price than on household-name ETFs.
  • The mandate targets capital appreciation and the fund has not been paying regular distributions, so this is a price-return holding.

PHOX No data

Full CQTM profile⁠

Full PHOX profile⁠

CQTM vs PHOX Holdings

How CQTM and PHOX differ

Overlap by weight

0.3%

Shared holdings make up 6.6% of CQTM and 0.3% of PHOX.

Level by level

  • Holdings1 in both0.3%
  • Countryby domicile62.8%
  • Sector4 Sectors90.7%
  • Asset classEquity100%

Sector

Sector weights in CQTM and PHOX, widest gap first
SectorMore in CQTMMore in PHOX
TechnologyPHOX +5.5 points
CommunicationCQTM +5.1 points
IndustrialsCQTM +4.2 points
MaterialsPHOX +3.8 points

Country, concentration and asset class

Country by domicile

Country weights in CQTM and PHOX, widest gap first
CountryMore in CQTMMore in PHOX
ChinaPHOX +28.9 points
United StatesCQTM +12.3 points
SingaporeCQTM +5.9 points
CanadaCQTM +5.4 points
United KingdomCQTM +4.7 points
FinlandCQTM +4.4 points
GermanyPHOX +3.9 points
TaiwanPHOX +3.6 points
Other countries (3)CQTM +3.7 points

Outside the US: PHOX 20% developed, 80% emerging.

Concentration

Weight in the 10 largest Holdings

  • CQTM71.7%
  • PHOX60.1%

Securities held

  • CQTM19
  • PHOX26

Asset class

CQTM
Equity
PHOX
Equity

Holdings

  • Only in CQTM18
  • In both1
  • Only in PHOX25

Only in CQTM

18 securities, 93.4% of CQTM by weight

  • IonQ Inc16.18%
  • D-Wave Quantum Inc8.31%
  • Rigetti Computing Inc7.21%

Only in PHOX

25 securities, 99.7% of PHOX by weight

  • Lumentum Holdings Inc8.69%
  • Credo Technology Group Holding Ltd7.76%
  • Zhongji Innolight Co Ltd7.74%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in CQTM and PHOX, widest gap first
HoldingMore in CQTMMore in PHOX
First American Government Obligations Fund 12/01/2031CQTM +6.10 points

All 30 CQTM holdings⁠All 29 PHOX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CQTM vs PHOX Cost

Overpaying PHOX vs CQTM

$4,691

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CQTM 0.35%

    $7,126

  • PHOX 0.60%

    $11,817

$10,000
30 years

Cost over time

  • CQTM 0.35%
  • PHOX 0.60%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PHOX $11,817CQTM $7,126

Year by year

YearCQTMPHOXOverpaying
10$634$1,076$442
20$2,454$4,116$1,662
30$7,126$11,817$4,691

Expense ratio

  • 0.35%CQTM, cheaper
  • 0.60%PHOX
  • Middle half of Quantum Computing & Photonics funds
  • Median 0.54%

CQTM cheapest of 8 funds

PHOX 5th cheapest of 8 funds

CQTM vs PHOX Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CQTM None
PHOX None

Distribution history

CQTMAll CQTM payments⁠

No distribution history available.

PHOXAll PHOX payments⁠

No distribution history available.

CQTM vs PHOX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
CQTM 4.26PHOX 0.00

Popular comparisons

  • CQTMBvsEUVA

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    Expense ratio
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    Category
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  • PHOXCvsEUVA

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