QTUM: I Expect A Correction In Early 2026

Ian BezekInvesting Group LeaderFollow5ShareSavePlay(9min)CommentsSummaryThe Defiance Quantum ETF has had a great year, but could be set for profit-taking in Q1.QTUM offers broad tech exposure, with 84 holdings and no concentrated positions, but limited pureplay quantum exposure dilutes direct quantum upside.Valuations for this ETF's holdings, such as IonQ and Quantum eMotion, appear excessive relative to revenues, increasing downside risk in a correction. adventtr/E+ via Getty Images The stock market has been enjoying a solid run into the holidays, and there's a decent chance that the so-called Santa Claus rally could keep running until the end of the year. However, as Oppenheimer analystsThis article was written byIan Bezek23.33K FollowersFollowIan Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent the decade living in Latin America, doing the boots-on-the ground research for investors interested in markets such as Mexico, Colombia, and Chile. He also specializes in high-quality compounders and growth stocks at reasonable prices in the US and other developed markets. Ian leads the investing group Ian's Insider Corner. Features of the group include: the Weekend Digest which covers everything from new ideas to updates on current holdings and macro analysis, trade alerts, an active chat room, and direct access to Ian. Learn More.Analyst’s Disclosure:I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.