Defiance ETFs launched its second ETF to help investors access cutting edge technologies that are improving computing speeds and solving increasingly complex problems.

On Wednesday, Defiance launched the Defiance Quantum ETF (NYSEArca: QTUM), which has a 0.65% expense ratio.

“Quantum computing may sound like something from the distant future, but leading technology companies, startups and research universities are already developing and implementing these approaches to solve practical problems and build competitive advantages,” Matthew Bielski, founder and CEO of Defiance ETFs, said in a note. “With QTUM, investors don’t need to wait on the sidelines. We’ve already seen demand from registered investment advisers (RIAs), family offices and ETF strategists interested in gaining targeted exposure to this technology via a liquid, transparent ETF.”

The Defiance Quantum ETF tries to reflect the performance of the BlueStar Quantum Computing and Machine Learning Index, which is comprised of companies tied to the development of quantum computing and machine learning technology.

QTUM can provide exposure to companies engaged in the research and development or commercialization of systems and materials used in quantum computing: advanced traditional computing hardware, high powered computing data connectivity solutions and cooling systems, and companies that specialize in the perception, collection and management of heterogeneous big data used in machine learning, according to Defiance.

What is Quantum Computing?

Quantum computing refers to hardware and software designed to take advantage of fast computers that leverage the field of quantum mechanics, a branch of physics dealing with particles and the complexities in which they naturally behave. Quantum computing accelerates the computing process and expands the range of possibility in machine learning, artificial intelligence and other applications.