HANetf has expanded its multi-theme tech ETF to include defence tech and quantum computing amid top names in both themes driving eye-catching returns in 2025.

The $115m HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK) has added 19 stocks across quantum computing and defence tech sectors and will now include 10 tech themes, up from eight.

ITEK will add four quantum computing stocks including posterchild IonQ which has returned 66.9% year to date, according to Google Finance, while Rigetti Computing and D-Wave Quantum Inc, two other pure play quantum computing stocks in ITEK, are up 41.9% and 167.1% year-to-date, respectively.

The move comes after VanEck unveiled Europe’s first quantum computing ETF in May, with ETF Stream reporting last month that WisdomTree and Allfunds were plotting launches in the space.

A quantum computer can solve certain problems particularly quickly because, unlike conventional computers which rely on binary digits called bits as their units of information, quantum computers rely on qubits, which can be represented as ones, zeros or through superposition – the ability to be in multiple things at once – they can appear as a mix of the two simultaneously.

Meanwhile, ITEK will also include 15 names from the in-vogue defence tech sector including Astroscale – which focuses on debris removal from space satellites – Italian aerospace company Avio and Toronto and New York-listed training and simulation tech company CAE.

Defence stocks have racked up strong gains in 2025, fuelled by a steady stream of government spending commitments, including NATO’s pledge to lift defence budgets to 5% of GDP.

ITEK tracks the Solactive Innovative Technologies index and its top three sector weightings include blockchain (13.7%), digital entertainment (12.1%) and social media (11.3%), while its top three country weightings are the US (52.2%), China (14.7%) and Japan (8.2%).

ITEK’s other eight themes include blockchain, cloud computing, cyber security, future cars, genomics, AI and robotics, social media and digital entertainment.

WisdomTree also added quantum computing to its WisdomTree Megatrends UCITS ETF (WMGT) in April this year, with the theme delivering a 62.9% return from 22 April 22 to 18 July 18, making it the second-best performer in the strategy after nuclear energy and ahead of blockchain.

ITEK has shown cumulative returns of 118.7% since its inception in 2018 and 17.7% year to date returns.