Investment manager VanEck’s Quantum Computing Ucits ETF, the first ETF in Europe to offer diversified exposure to the quantum technology sector, has gathered $100 million in assets under management three months after listing in May.
The ETF invests in 30 global companies engaged in quantum computing, combining a pool of pure-play names such as IonQ, Rigetti and D-Wave with larger technology and industrial groups including IBM, Alphabet, Honeywell and Bank of America. All the companies are actively pursuing research and development in the field.
The quantum technologies market could reach $173 billion by 2040, with long-term growth of 14–17% per year (McKinsey).
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However, the firm cautioned that commercial adoption remains uncertain. “Quantum computing may take longer to materialise than expected – or fail to achieve scale – making investment in the space inherently risky,” VanEck noted. The ETF also carries the volatility typical of high-growth technology stocks, with potentially sharp swings in value.
“There are still relatively few publicly listed companies that focus exclusively on quantum technologies, and it remains unclear which firms will benefit and endure in the long term,” said Moritz Henkel, product manager at VanEck Europe. “That is why we are taking a multi-layered approach with this ETF, investing in both specialised quantum start-ups and in established companies that are already applying or developing the technology.
