SOL US Quantum Computing Top 10 New Listings

Shinhan Asset Management announced on the 7th that it will newly list the SOL US Quantum Computing TOP10 Exchange Traded Fund (ETF), which allows concentrated investment in key companies in the US quantum computing industry, on the 11th.

A quantum computer operates using the physical laws of quantum mechanics such as superposition and entanglement, enabling ultra-high-speed calculations that surpass supercomputers, earning it the title of the dream computer. Alphabet's Sycamore quantum computer, announced in 2019, made headlines by solving a problem that would take existing supercomputers 10,000 years in just 200 seconds.

Quantum computing can handle countless cases at high speed, making it applicable in various fields such as artificial intelligence (AI), transportation and logistics, aerospace, pharmaceuticals and chemistry, and finance. It is regarded as a game changer that will reshape various industries.

Kim Jeong-hyun, Head of the ETF Business Division at Shinhan Asset Management, explained, "Quantum computing is a highly challenging technology to commercialize, but once commercialized, it can have a broad impact on human life," adding, "Even looking at AI cases, structural growth due to the emergence of game changers will appear from the early diffusion stage, not just from full commercialization."

Regarding the commercialization of quantum computers, Jensen Huang, CEO of NVIDIA, mentioned 20 years, and Sundar Pichai, CEO of Alphabet, mentioned 5 to 10 years. Currently, the market expects a period of about 5 to 20 years until commercialization.

Considering that quantum computing is a strategically advantageous industry in the US and China, it is expected that national-level intensive support will continue along with participation from global big tech companies. Following Google, Amazon and Microsoft have each unveiled their own quantum chips, forming a new competitive landscape that suggests quantum computing is a critical technology that can completely change the future tech sector landscape.

The SOL US Quantum Computing TOP10 ETF selects and invests in 10 companies in the quantum computing industry. Major holdings include ▲Alphabet (Google), which is making the most aggressive investments in quantum computing ▲IonQ, focusing on commercializing quantum computers operable at room temperature ▲Rigetti Computing, which provides integrated solutions including cloud services ▲D-Wave Quantum, a leader in quantum annealing technology. Equipment companies Coherent and Quantum Computing, as well as NVIDIA and Broadcom, are also included.

Kim Jeong-hyun, Head of the ETF Business Division, advised, "Since various companies may decline or emerge during the development and commercialization process of quantum computing technology, investing through ETFs is more efficient than individual stocks." He added, "Currently, no single technology approach holds hegemony; each company is implementing qubits, the core of quantum computers, in its own way," and said, "Balancing representative companies by approach is an efficient way to find new ten-baggers (stocks that have risen more than tenfold)."