🔴 Quantum Computing ETF (QUTM.DE) is trading 3.59% down as long-term yields pressured growth valuations

QUTM.DE is trading at €25.23 (-3.59%) as rising long-term Treasury yields pressured growth valuations.

• The August 18 global risk-off move pushed the Nasdaq and semiconductor stocks lower; the 30-year yield reached its highest level since 2007.
• The expired U.S.-Iran ceasefire and stalled negotiations lifted Brent crude above $90, intensifying inflation and geopolitical concerns.
• QUTM.DE’s meaningful exposure to IonQ, Intel, and D-Wave increases sensitivity to the technology and semiconductor selloff rather than a fund-specific development.