QUTM.DE is trading 3.8% down today as investors pull back from high-valuation technology and semiconductor names amid a sharp sector-wide selloff.
- Rising rate-hike risks from the Fed and a surprise rate increase in Korea are pressuring growth stocks and specialized tech themes like quantum computing.
- The fund, which is concentrated in AI infrastructure and tech hardware, is reacting to broader volatility and TSMC’s heavy capital expenditure plans.