ACET vs. QBTS

Last updated Jun 26, 2026

ACET (Adicet Bio, Inc.) and QBTS (D-Wave Quantum Inc) are both stocks. ACET operates in Biotechnology (Healthcare), while QBTS operates in Computer Hardware (Technology). Over the past 3 years, ACET returned -52.68%/yr vs 129.19%/yr for QBTS. At a 0.18 correlation, their price movements are largely independent.

Performance

ACET vs. QBTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adicet Bio, Inc. (ACET) and D-Wave Quantum Inc (QBTS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACET achieves a -6.18% return, which is significantly higher than QBTS's -16.21% return.

ACET

• 1D: -4.24%
• 1M: -5.16%
• YTD: -6.18%
• 6M: -4.90%
• 1Y: -24.96%
• 3Y*: -52.68%
• 5Y*: -44.88%
• 10Y*: —

QBTS

• 1D: -4.66%
• 1M: -21.24%
• YTD: -16.21%
• 6M: -20.39%
• 1Y: 54.51%
• 3Y*: 129.19%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACET vs. QBTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ACET Adicet Bio, Inc.	-6.18%	-45.30%	-49.10%	-78.86%	-52.29%
QBTS D-Wave Quantum Inc	-16.21%	211.31%	854.44%	-38.88%	-83.96%

Correlation

The correlation between ACET and QBTS is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022	0.18

The correlation between ACET and QBTS shifts across timeframes, from 0.18 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ACET : $84.88M QBTS : $8.05B
EPS ACET : -$15.00 QBTS : -$1.08
PB Ratio ACET : 0.61 QBTS : 7.16
Total Revenue (TTM) ACET : $0.00 QBTS : $12.44M
Gross Profit (TTM) ACET : -$1.47M QBTS : $8.25M
EBITDA (TTM) ACET : -$110.77M QBTS : -$399.03M

Return for Risk

ACET vs. QBTS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACET

ACET Risk / Return Rank: 31
ACET Sharpe Ratio Rank: 29
ACET Sortino Ratio Rank: 32
ACET Omega Ratio Rank: 32
ACET Calmar Ratio Rank: 30
ACET Martin Ratio Rank: 33

QBTS

QBTS Risk / Return Rank: 62
QBTS Sharpe Ratio Rank: 61
QBTS Sortino Ratio Rank: 69
QBTS Omega Ratio Rank: 63
QBTS Calmar Ratio Rank: 61
QBTS Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACET vs. QBTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adicet Bio, Inc. (ACET) and D-Wave Quantum Inc (QBTS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ACET	QBTS	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	0.50	-0.84
Sortino ratio: Return per unit of downside risk	-0.02	1.56	-1.58
Omega ratio: Gain probability vs. loss probability	1.00	1.17	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.40	0.77	-1.17
Martin ratio: Return relative to average drawdown	-0.59	1.32	-1.91

ACET vs. QBTS - Sharpe Ratio Comparison

The current ACET Sharpe Ratio is -0.34, which is lower than the QBTS Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of ACET and QBTS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACET vs. QBTS - Drawdown Comparison

The maximum ACET drawdown since its inception was -99.74%, roughly equal to the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for ACET and QBTS.

Drawdown Indicators

	ACET	QBTS	Difference
Max Drawdown Largest peak-to-trough decline	-99.74%	-96.67%	-3.07%
Max Drawdown (1Y) Largest decline over 1 year	-63.28%	-71.01%	+7.73%
Max Drawdown (3Y) Largest decline over 3 years	-88.93%	-79.17%	-9.76%
Max Drawdown (5Y) Largest decline over 5 years	-98.20%	—	—
Current Drawdown Current decline from peak	-99.66%	-51.07%	-48.59%
Average Drawdown Average peak-to-trough decline	-85.43%	-65.50%	-19.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.17%	41.44%	+0.73%

Volatility

ACET vs. QBTS - Volatility Comparison

The current volatility for Adicet Bio, Inc. (ACET) is 21.40%, while D-Wave Quantum Inc (QBTS) has a volatility of 30.58%. This indicates that ACET experiences smaller price fluctuations and is considered to be less risky than QBTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACET	QBTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.40%	30.58%	-9.18%
Volatility (6M) Calculated over the trailing 6-month period	49.86%	75.04%	-25.18%
Volatility (1Y) Calculated over the trailing 1-year period	74.53%	109.86%	-35.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.80%	150.72%	-59.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.65%	150.72%	-57.07%

Dividends

ACET vs. QBTS - Dividend Comparison

Neither ACET nor QBTS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ACET and QBTS in my portfolio?

ACET and QBTS have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACET or QBTS?

QBTS has higher volatility (30.58%) compared to ACET (21.40%). In terms of maximum drawdown, ACET dropped -99.74% vs QBTS's -96.67%.

Which has better risk-adjusted returns?

QBTS currently has the higher Sharpe Ratio (0.50 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.