400 degrees below zero, a special single object behaves like two objects simultaneously.1 This object, known as a qubit, can perform calculations that would take a very long time or be impossible with classical computing. Quantum computing is still in the experimental phase, but recent breakthroughs have pushed the field to levels previously unimagined.
In December of last year, Google announced it had developed a quantum computer that performed a calculation in five minutes that would have otherwise taken 10 septillion years with a traditional computer.2 Their quantum computer, powered by a quantum chip called Willow, pushed past the “error correction threshold” that other chips had previously failed to surpass.3 Alphabet’s stock rose 5% the day after the announcement.2
More recently, Microsoft has announced its creation of a topological qubit,1 which it built inside a new chip that combines quantum computing semiconductors with those used in traditional computers. Quantum computing has been Microsoft’s longest-running research project, with three of its CEOs betting on the future of the technology.1
Despite these breakthroughs, experts still believe practical quantum computing that could impact other industries like drug discovery are many years (if not decades) away.2 But that isn’t stopping cybersecurity companies like Cloudflare from getting ready for post-quantum cryptography that can resist quantum computing hacks before it’s too late. According to Info-Tech’s 2025 Tech Trends report, Cloudflare started “delivering post-quantum cryptography encryption for all websites and APIs that it services” in 2022 and has continued to be on the forefront of upgrading its connections to be quantum-resistant.4
While only one-quarter of Info-Tech survey respondents intend on ever investing in quantum computing, nearly one-third intend on investing in quantum cybersecurity.4 Certain industries like government, finance, healthcare, and telecommunications are at the greatest risk of a quantum hack and have therefore been charged with establishing quantum-resistant encryption plans.4 As of 2023, global investment in quantum computing reached nearly $40 billion and is projected to top $100 billion by 2040.4 We consider it the next emerging technology.
Nascent technologies like quantum computing and cryptography exemplify the focus of the TrueShares Technology, AI, and Deep Learning ETF (LRNZ). Cloudflare is one of 20-30 technology companies in the portfolio that are all significantly involved in advanced levels of AI. Holdings range in specialty from pharmaceuticals, hardware, telecommunications, and computing. LRNZ is our answer for an accessible entry point to the next big technological breakthrough.
- https://www.nytimes.com/2025/02/19/technology/microsoft-quantum-computing-topological-qubit.html
- https://finance.yahoo.com/news/google-stock-pops-as-company-unveils-new-quantum-computing-chip-170103666.html
- https://www.nytimes.com/2024/12/09/technology/google-quantum-computing.html
- https://www.infotech.com/research/ss/tech-trends-2025
For a full list of LRNZ holdings, visit: https://www.true-shares.com/lrnz/