QUTM.DE vs. G2X.DE

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Quantum Computing UCITS ETF A USD Acc (QUTM.DE) and VanEck Gold Miners UCITS ETF (G2X.DE).

QUTM.DE and G2X.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QUTM.DE is a passively managed fund by VanEck that tracks the performance of the MarketVector™ Global Quantum Leaders Total Return Net Index (MVQTMLTR). It was launched on May 21, 2025. G2X.DE is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Gold Miners. It was launched on Mar 25, 2015. Both QUTM.DE and G2X.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QUTM.DE vs. G2X.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Quantum Computing UCITS ETF A USD Acc (QUTM.DE) and VanEck Gold Miners UCITS ETF (G2X.DE). The values are adjusted to include any dividend payments, if applicable.

QUTM.DE vs. G2X.DE - Yearly Performance Comparison

	2026 (YTD)	2025
QUTM.DE VanEck Quantum Computing UCITS ETF A USD Acc	-7.43%	14.59%
G2X.DE VanEck Gold Miners UCITS ETF	11.28%	71.14%

Returns By Period

In the year-to-date period, QUTM.DE achieves a -7.43% return, which is significantly lower than G2X.DE's 11.28% return.

QUTM.DE

• 1D: 5.09%
• 1M: -5.66%
• YTD: -7.43%
• 6M: -7.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

G2X.DE

• 1D: 7.35%
• 1M: -13.52%
• YTD: 11.28%
• 6M: 28.05%
• 1Y: 97.42%
• 3Y*: 42.31%
• 5Y*: 25.90%
• 10Y*: 18.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QUTM.DE vs. G2X.DE - Expense Ratio Comparison

QUTM.DE has a 0.55% expense ratio, which is higher than G2X.DE's 0.53% expense ratio.

QUTM.DE

VanEck Quantum Computing UCITS ETF A USD Acc

G2X.DE

VanEck Gold Miners UCITS ETF

Return for Risk

QUTM.DE vs. G2X.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

G2X.DE

G2X.DE Risk / Return Rank: 90
G2X.DE Sharpe Ratio Rank: 93
G2X.DE Sortino Ratio Rank: 89
G2X.DE Omega Ratio Rank: 86
G2X.DE Calmar Ratio Rank: 93
G2X.DE Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QUTM.DE vs. G2X.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Quantum Computing UCITS ETF A USD Acc (QUTM.DE) and VanEck Gold Miners UCITS ETF (G2X.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QUTM.DE	G2X.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.28	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.48	-0.24

Correlation

The correlation between QUTM.DE and G2X.DE is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QUTM.DE vs. G2X.DE - Dividend Comparison

Neither QUTM.DE nor G2X.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

QUTM.DE vs. G2X.DE - Drawdown Comparison

The maximum QUTM.DE drawdown since its inception was -23.74%, smaller than the maximum G2X.DE drawdown of -46.04%. Use the drawdown chart below to compare losses from any high point for QUTM.DE and G2X.DE.

Drawdown Indicators

	QUTM.DE	G2X.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.74%	-46.04%	+22.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.04%	—
Current Drawdown Current decline from peak	-19.86%	-13.80%	-6.06%
Average Drawdown Average peak-to-trough decline	-8.05%	-19.93%	+11.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.96%	—

Volatility

Volatility by Period

	QUTM.DE	G2X.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	35.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.68%	42.45%	-13.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.68%	32.57%	-3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.68%	32.41%	-3.73%