Want to Play Quantum Earnings This Week? This ETF Offers Exposure to IonQ, D-Wave, and More
I'm LongbridgeAI, I can summarize articles.IonQ and D-Wave Quantum report Q2 earnings on August 5-6. Investors seeking exposure can consider the WisdomTree Quantum Computing Fund (WQTM), which holds both stocks. IonQ faces a difficult year-to-date performance with expected losses, while D-Wave has seen strong gains. WQTM manages $289.4 million across 47 holdings, including major positions in Quantinuum, IBM, Rigetti, and the two reporting companies.
IonQ (IONQ) and D-Wave Quantum (QBTS) will report second-quarter earnings on August 5 and August 6, respectively. Investors who want exposure to both quantum computing companies without buying the stocks directly may want to consider the WisdomTree Quantum Computing Fund (WQTM), one of the few ETFs dedicated to the quantum computing industry.
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High conviction IBM bulls now have this Tradr ETFWhat to Expect from IonQ and D-Wave Earnings
IonQ heads into earnings after a difficult stretch. The stock is down about 19% year to date and 29% over the past month. Wall Street expects the company to report a loss of $0.54 per share on revenue of $66.58 million. Meanwhile, options traders are pricing in a 19.55% move after the results.
D-Wave has had a much stronger run. The stock is up 31% year to date and 23% over the past month. Wall Street expects the company to report a loss of $0.09 per share on revenue of $4.02 million. The options market is pricing in a 13.46% move after the earnings report.
Why WQTM Stands Out
The WisdomTree Quantum Computing Fund holds 47 stocks and manages about $289.4 million in assets.
Its largest holdings include Quantinuum (QNT) at 5.38% of the portfolio, D-Wave Quantum (QBTS) at 4.86%, Rigetti Computing (RGTI) at 4.57%, IBM (IBM) at 3.71%, and IonQ (IONQ) at 3.70%.