KB Asset Management announced on the 11th the launch of the 'RISE U.S. Quantum Computing ETF,' an exchange-traded fund (ETF) that invests in U.S. corporations related to quantum computing.
'RISE U.S. Quantum Computing ETF' is characterized by a balanced investment in high-growth small- and medium-sized pure-play corporations and stable, upward-moving big tech corporations. It has a total of 20 corporations, dividing U.S.-listed quantum computing corporations into hardware and software categories and investing 50% in each.
The major components include quantum computing specialists such as Rigetti Computing (5.37%), D-Wave Systems (5.34%), and IonQ (4.91%), as well as leading big tech corporations in quantum computing technology development like Apple (10.32%), Google (9.26%), and Microsoft (8.15%).
After selecting corporations with high relevance to quantum computing, the portfolio was constructed to reduce the risks associated with individual stocks and thematic concentration.
No Ah-reum, the head of the ETF division at KB Asset Management, noted, "The quantum computing market will accelerate its expansion due to continuous research and development by global corporations and active government support," adding, "The 'RISE U.S. Quantum Computing ETF' aims to capture opportunities arising from advancements across the industry by comprehensively including both hardware and software fields."