ACHR vs. QBTS
ACHR (Archer Aviation Inc.) and QBTS (D-Wave Quantum Inc) are both stocks. ACHR operates in Aerospace & Defense (Industrials), while QBTS operates in Computer Hardware (Technology). Over the past 3 years, ACHR returned 20.81%/yr vs 125.25%/yr for QBTS. At a 0.39 correlation, their price movements are largely independent.
Performance
ACHR vs. QBTS - Performance Comparison
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Returns By Period
In the year-to-date period, ACHR achieves a -23.80% return, which is significantly lower than QBTS's -1.22% return.
ACHR
- 1D
- 3.43%
- 1M
- -11.57%
- YTD
- -23.80%
- 6M
- -33.45%
- 1Y
- -43.77%
- 3Y*
- 20.81%
- 5Y*
- -10.82%
- 10Y*
- —
QBTS
- 1D
- 8.30%
- 1M
- 14.44%
- YTD
- -1.22%
- 6M
- -9.18%
- 1Y
- 38.72%
- 3Y*
- 125.25%
- 5Y*
- —
- 10Y*
- —
ACHR vs. QBTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ACHR Archer Aviation Inc. | -23.80% | -22.87% | 58.79% | 228.34% | -57.31% |
QBTS D-Wave Quantum Inc | -1.22% | 211.31% | 854.44% | -38.88% | -83.96% |
Correlation
The correlation between ACHR and QBTS is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.39 |
Over the past year, ACHR and QBTS have become more correlated (0.67) than their long-term average of 0.39, meaning their price movements have been converging.
Fundamentals
ACHR:
$4.39B
QBTS:
$9.49B
ACHR:
-$1.36
QBTS:
-$1.08
ACHR:
1.65K
QBTS:
704.19
ACHR:
2.11
QBTS:
8.44
ACHR:
$1.90M
QBTS:
$12.44M
ACHR:
$300.00K
QBTS:
$8.25M
ACHR:
-$712.00M
QBTS:
-$399.03M
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Return for Risk
ACHR vs. QBTS — Risk / Return Rank
ACHR
QBTS
ACHR vs. QBTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Archer Aviation Inc. (ACHR) 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.
| ACHR | QBTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.15 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 0.55 | -1.24 |
| Martin ratioReturn relative to average drawdown | -1.08 | 0.96 | -2.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ACHR | QBTS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.62 | 0.36 | -0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.19 | -0.30 |
Drawdowns
ACHR vs. QBTS - Drawdown Comparison
The maximum ACHR drawdown since its inception was -90.49%, smaller than the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for ACHR and QBTS.
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Drawdown Indicators
| ACHR | QBTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -96.67% | +6.18% |
Max Drawdown (1Y)Largest decline over 1 year | -63.78% | -71.01% | +7.23% |
Max Drawdown (3Y)Largest decline over 3 years | -63.78% | -79.17% | +15.39% |
Max Drawdown (5Y)Largest decline over 5 years | -84.00% | — | — |
Current DrawdownCurrent decline from peak | -66.57% | -42.32% | -24.25% |
Average DrawdownAverage peak-to-trough decline | -62.50% | -65.80% | +3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.38% | 40.50% | -0.12% |
Volatility
ACHR vs. QBTS - Volatility Comparison
The current volatility for Archer Aviation Inc. (ACHR) is 19.42%, while D-Wave Quantum Inc (QBTS) has a volatility of 42.76%. This indicates that ACHR 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.
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Volatility by Period
| ACHR | QBTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.42% | 42.76% | -23.34% |
Volatility (6M)Calculated over the trailing 6-month period | 43.60% | 76.88% | -33.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.28% | 108.49% | -37.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.22% | 151.19% | -66.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.17% | 151.19% | -69.02% |
Dividends
ACHR vs. QBTS - Dividend Comparison
Neither ACHR nor QBTS has paid dividends to shareholders.
Financials
ACHR vs. QBTS - Financials Comparison
This section allows you to compare key financial metrics between Archer Aviation Inc. and D-Wave Quantum Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
ACHR and QBTS have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QBTS has higher volatility (42.76%) compared to ACHR (19.42%). In terms of maximum drawdown, ACHR dropped -90.49% vs QBTS's -96.67%.
QBTS currently has the higher Sharpe Ratio (0.36 vs -0.62), 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.
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