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Tidal Trust II - Defiance Pure Quantum ETF

QTUP

Defiance

Tidal Trust II - Defiance Pure Quantum ETF (QTUP) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 58.97%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 58.97%
  • Halal 8.70%
  • Doubtful 0.00%
  • Not halal 50.27%
  • Not rated 41.03%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
Defiance
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.77%
AUM
16.75M USD
Holdings
10 (9 screened)
Basket as of (provider)
27 Oct 2026
Basket fetched by Akinda
27 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal8.70%50.27%
DJIMNot halal8.70%33.50%
FTSENot halal8.70%50.27%
MSCINot halal8.70%50.27%
S&PNot halal8.70%33.50%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–10 of 10 holdings, largest first · basket as of 27 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
HQHorizon Quantum Holdings LTD
8.70%HalalHalalHalalHalalHalal
2
INFQInfleqtion Inc
7.69%Not halalNot halalNot halalNot halalNot halal
3
PSQLPasqal Holding SA
7.56%Not ratedNot ratedNot ratedNot ratedNot rated
4
XNDUXanadu Quantum Technologies Ltd
6.49%Not halalNot halalNot halalNot halalNot halal
5
QNTQuantinuum Inc
5.06%Not halalNot halalNot halalNot halalNot halal
6
IQMXIQM Quantum Computers Oyj
4.83%Not halalNot halalNot halalNot halalNot halal
7
QUBTQuantum Computing Inc
4.77%Not halalNot halalNot halalNot halalNot halal
8
RGTIRigetti Computing Inc
4.66%Not halalNot halalNot halalNot halalNot halal
9
QBTSD-Wave Quantum Inc
4.45%Not halalNot ratedNot halalNot halalNot rated
10
IONQIonQ Inc
12.32%Not halalNot ratedNot halalNot halalNot rated

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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