QUTM.DE vs. SHLD

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Quantum Computing UCITS ETF A USD Acc (QUTM.DE) and Global X Defense Tech ETF (SHLD).

QUTM.DE and SHLD 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. SHLD is a passively managed fund by Global X that tracks the performance of the Global X Defense Tech Index - Benchmark TR Net. It was launched on Sep 11, 2023. Both QUTM.DE and SHLD 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. SHLD - 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 Global X Defense Tech ETF (SHLD). The values are adjusted to include any dividend payments, if applicable.

QUTM.DE vs. SHLD - Yearly Performance Comparison

	2026 (YTD)	2025
QUTM.DE VanEck Quantum Computing UCITS ETF A USD Acc	-7.43%	14.59%
SHLD Global X Defense Tech ETF	15.16%	14.05%

Different Trading Currencies

QUTM.DE is traded in EUR, while SHLD is traded in USD. To make them comparable, the SHLD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, QUTM.DE achieves a -7.43% return, which is significantly lower than SHLD's 15.16% return.

QUTM.DE

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

SHLD

• 1D: 3.62%
• 1M: -3.67%
• YTD: 15.16%
• 6M: 6.51%
• 1Y: 46.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QUTM.DE vs. SHLD - Expense Ratio Comparison

QUTM.DE has a 0.55% expense ratio, which is higher than SHLD's 0.50% expense ratio.

QUTM.DE

VanEck Quantum Computing UCITS ETF A USD Acc

SHLD

Global X Defense Tech ETF

Return for Risk

QUTM.DE vs. SHLD — Risk / Return Rank

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

SHLD

SHLD Risk / Return Rank: 92
SHLD Sharpe Ratio Rank: 93
SHLD Sortino Ratio Rank: 93
SHLD Omega Ratio Rank: 89
SHLD Calmar Ratio Rank: 94
SHLD Martin Ratio Rank: 88

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. SHLD - 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 Global X Defense Tech ETF (SHLD). 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	SHLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	2.40	-2.16

Correlation

The correlation between QUTM.DE and SHLD is 0.28, 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. SHLD - Dividend Comparison

QUTM.DE has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.48%.

	TTM	2025	2024	2023
QUTM.DE VanEck Quantum Computing UCITS ETF A USD Acc	0.00%	0.00%	0.00%	0.00%
SHLD Global X Defense Tech ETF	0.48%	0.55%	0.53%	0.26%

Drawdowns

QUTM.DE vs. SHLD - Drawdown Comparison

The maximum QUTM.DE drawdown since its inception was -23.74%, which is greater than SHLD's maximum drawdown of -14.91%. Use the drawdown chart below to compare losses from any high point for QUTM.DE and SHLD.

Drawdown Indicators

	QUTM.DE	SHLD	Difference
Max Drawdown Largest peak-to-trough decline	-23.74%	-15.06%	-8.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.06%	—
Current Drawdown Current decline from peak	-19.86%	-5.82%	-14.04%
Average Drawdown Average peak-to-trough decline	-8.05%	-2.58%	-5.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.18%	—

Volatility

Volatility by Period

	QUTM.DE	SHLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.68%	25.69%	+2.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.68%	20.79%	+7.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.68%	20.79%	+7.89%