QTUM vs WGMI overlap - what they share and where they differ

QTUM and WGMI share 4.0% of their weight across 4 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

QTUM and WGMI

4.0%

4 shared positions

QTUM

Defiance Quantum ETF

Reported positions cover 99% of the fund, 86 positions · Jun 30, 2026

Top 10: 16.9%·Holdings of QTUM

WGMI

Valkyrie Bitcoin Miners ETF

Reported positions cover 100% of the fund, 27 positions · Jun 30, 2026

Top 10: 77.1%·Holdings of WGMI

Reported positions cover QTUM 99%, WGMI 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

WGMI vs QTUM side by side

QTUMDefiance Quantum ETF

86

stock positions reported to the SEC

94.5% of its weight is in 82 names WGMI does not hold

WGMIValkyrie Bitcoin Miners ETF

27

stock positions reported to the SEC

94.0% of its weight is in 23 names QTUM does not hold

Where each fund's weight sits

QTUM
WGMI
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
60.8%
59.0%
Financial Services
0.0%
29.7%
Healthcare
5.6%
0.0%
Industrials
4.3%
0.0%
Consumer Cyclical
1.1%
0.0%

The widest gap is Financial Services: WGMI has 29.7 points more of it.

The figures side by side

QTUMWGMI
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported8627
Weight of the ten largest16.9%77.1%
Largest positionARQIT QUANTUM INC 2.4%CIFR 18.1%
Held alone82 positions, 94.5%23 positions, 94.0%
Covered by stock positions99%100%

Holdings they share

StockIn QTUMIn WGMICounted
NBISNebius Group NV1.39%1.99%1.39%
NVDANVIDIA Corp1.06%2.01%1.06%
CRWVCoreWeave Inc1.11%0.87%0.87%
TSMC1.24%0.66%0.66%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in QTUM

ARQIT QUANTUM INC2.41%
HQHorizon Quantum Holdings LTD2.38%
QNTQuantinuum Inc1.57%
ALABAstera Labs Inc1.55%
AMATApplied Materials Inc1.55%
KLACKLA Corp1.50%
MKSIMKS Inc1.50%
ONTOOnto Innovation Inc1.49%
TERTeradyne Inc1.48%
LRCXLam Research Corp1.43%

Only in WGMI

CIFRCipher Digital Inc18.09%
HUTHut 8 Corp10.77%
KEELKeel Infrastructure Corp10.70%
IREN LTD10.05%
RIOTRiot Platforms Inc4.91%
MARAMARA Holdings Inc4.76%
BTDRBitdeer Technologies Group4.67%
CLSKCleanspark Inc4.58%
HIVEHive Digital Technologies Ltd4.47%
DGXXDigi Power X Inc4.11%

Questions people ask

Is QTUM the same as WGMI?

4.0% of their weight sits in the same 4 holdings. QTUM also reports ARQIT QUANTUM INC, HQ, QNT, which the other does not. WGMI also reports CIFR, HUT, KEEL, which the other does not.

How is the overlap between QTUM and WGMI measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of QTUM and 100% of WGMI, so the number cannot exceed the smaller coverage.

Which holds more, WGMI or QTUM?

QTUM reports 86 stock positions and WGMI reports 27. 94.5% of QTUM's weight sits in names WGMI does not hold, and 94.0% of WGMI's weight in names QTUM does not hold. The ten largest positions are 16.9% of QTUM and 77.1% of WGMI.

How do QTUM and WGMI differ by sector?

The widest gap is Financial Services: WGMI has 29.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.