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ETF Comparison

LUMA vs QTUM: Which Is the Better Pick in 2026?

A head-to-head comparison of KraneShares Photonic and Optical ETF and Defiance Quantum ETF covering yield, cost, risk, and income potential.

Data updated July 24, 2026

ETFs34
Total AUM$8.91B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

KraneShares is known for pioneering thematic and alternative ETF strategies that capture emerging trends and specialized market segments. The issuer's fund lineup spans income-focused strategies, including covered call and high-yield approaches, alongside thematic funds targeting areas like artificial intelligence, cryptocurrency, cannabis, and other innovative sectors. KraneShares distinguishes itself through a diversified portfolio of specialized ETFs designed for investors seeking exposure beyond traditional asset classes, with a particular emphasis on capturing opportunities in evolving industries and alternative income generation strategies.

See our curated list of related YouTube videos on LUMA.

ETFs88
Total AUM$10.6B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Defiance ETFs is known for offering specialized and thematic investment strategies that cater to niche market segments and alternative income approaches. The issuer's lineup spans income-focused funds, leveraged strategies, combinations of leverage with income generation, and thematic products tied to emerging trends and sectors. Defiance emphasizes non-traditional and differentiated strategies rather than broad-based index exposure, appealing to investors seeking targeted exposure beyond conventional ETF offerings.

See our curated list of related YouTube videos on QTUM.

Side-by-side snapshot

LUMAQTUM
Full nameKraneShares Photonic and Optical ETFDefiance Quantum ETF
IssuerKraneSharesDefiance ETFs
Last Close$23.99 as of July 24, 2026$143.47 as of July 24, 2026
Distribution yield0.75%
Distribution Safety Score™ 84
Expense ratio0.69%0.40%
AUM$5.32B
Distribution frequencyQuarterly
Underlying indexBlueStar Quantum Computing and Machine Learning Index
ObjectiveSeeks capital appreciation by investing in public and private companies worldwide that build photonic and optical hardware — optical interconnects, transceivers, fiber-optic cables, lasers, and other light-based infrastructure moving data for AI and the modern digital economy.Seeks to track the total return performance of the BlueStar Quantum Computing and Machine Learning Index.
Asset classEquityEquity
Inception date07/14/202609/04/2018
Beta1.67
Last dividend$0.2700
Ex-dividend date06/24/2026

— Distribution yield, last dividend, and ex-dividend date are not yet available because LUMA launched July 2026; these fields will populate after the first distribution.

Bottom lineChoose LUMA if you want broad equity exposure. Choose QTUM if you want higher current income (0.75% while LUMA makes no distribution).

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

SymbolYTDSince Jul 2026
LUMA-0.71%-0.71%
QTUM28.14%-3.01%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of July 23, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Jul 2026” measures every fund from July 15, 2026 — the youngest fund's first trading day — so all funds share one comparison window.

Quick verdict

LUMA (KraneShares Photonic and Optical ETF) and QTUM (Defiance Quantum ETF) are both ETFs, but they take different approaches.

QTUM currently shows a 0.75% distribution yield. LUMA has not yet established a full distribution history, so a comparable yield figure is not available.

QTUM is cheaper with an expense ratio of 0.40% compared to 0.69%.

Deep dive

Yield & income

On a $10,000 investment, LUMA has no reported distribution yield yet, so a monthly income estimate is not available, while QTUM would produce $6.25/month, at current distribution rates.

LUMA yield
QTUM yield0.75%

Cost & efficiency

Over 10 years on $10,000, LUMA would cost approximately $690 in fees vs $400 for QTUM (simplified, not compounded). The $290.00 difference may be offset by yield or performance.

LUMA ER0.69%
QTUM ER0.40%

Strategy & risk

LUMA is an ETF, while QTUM tracks BlueStar Quantum Computing and Machine Learning Index with a technology approach.

LUMA beta
QTUM beta1.67

Fund details

LUMA is managed by KraneShares (launched 07/14/2026). QTUM is managed by Defiance ETFs (launched 09/04/2018) with $5.32B in assets.

QTUM AUM$5.32B

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Frequently asked questions

Which of LUMA or QTUM pays more dividend income?

QTUM currently reports a distribution yield, while LUMA has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.

What is the difference between LUMA and QTUM?

LUMA (KraneShares Photonic and Optical ETF) is an ETF, while QTUM (Defiance Quantum ETF) tracks BlueStar Quantum Computing and Machine Learning Index with a technology approach. They are issued by KraneShares and Defiance ETFs respectively.

Can I hold both LUMA and QTUM?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, LUMA or QTUM?

LUMA has an expense ratio of 0.69% while QTUM charges 0.40%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in LUMA vs QTUM generate?

At current rates, LUMA has not established a distribution history yet, so a monthly income estimate is not available. The same in QTUM would produce about $6.25 per month ($75.00 annually).

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