AMPL vs. QTUM
AMPL (Amplitude, Inc.) is a stock, while QTUM (Defiance Quantum ETF) is Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. Over the past 3 years, AMPL returned -6.48%/yr vs 40.96%/yr for QTUM. At a 0.49 correlation, their price movements are largely independent.
Performance
AMPL vs. QTUM - Performance Comparison
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Returns By Period
In the year-to-date period, AMPL achieves a -16.67% return, which is significantly lower than QTUM's 30.78% return.
AMPL
- 1D
- 0.10%
- 1M
- 45.11%
- 6M
- -5.58%
- YTD
- -16.67%
- 1Y
- -22.80%
- 3Y*
- -6.48%
- 5Y*
- —
- 10Y*
- —
QTUM
- 1D
- -3.40%
- 1M
- -11.80%
- 6M
- 21.36%
- YTD
- 30.78%
- 1Y
- 54.31%
- 3Y*
- 40.96%
- 5Y*
- 25.84%
- 10Y*
- —
AMPL vs. QTUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AMPL Amplitude, Inc. | -16.67% | 9.76% | -17.06% | 5.30% | -77.18% | 5.88% |
QTUM Defiance Quantum ETF | 30.78% | 36.65% | 50.54% | 39.86% | -28.80% | 6.67% |
Correlation
The correlation between AMPL and QTUM is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2021 | 0.49 |
Over the past year, the correlation between AMPL and QTUM has dropped to 0.26 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
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Return for Risk
AMPL vs. QTUM — Risk / Return Rank
AMPL
QTUM
AMPL vs. QTUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplitude, Inc. (AMPL) and Defiance Quantum ETF (QTUM). 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.
| AMPL | QTUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.30 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 3.58 | -3.98 |
| Martin ratioReturn relative to average drawdown | -0.69 | 11.44 | -12.14 |
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Drawdowns
AMPL vs. QTUM - Drawdown Comparison
The maximum AMPL drawdown since its inception was -93.38%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for AMPL and QTUM.
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Drawdown Indicators
| AMPL | QTUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.38% | -38.45% | -54.93% |
Max Drawdown (1Y)Largest decline over 1 year | -56.98% | -15.26% | -41.72% |
Max Drawdown (3Y)Largest decline over 3 years | -61.15% | -25.39% | -35.76% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.45% | — |
Current DrawdownCurrent decline from peak | -88.62% | -15.19% | -73.43% |
Average DrawdownAverage peak-to-trough decline | -81.42% | -8.22% | -73.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.90% | 4.76% | +28.14% |
Volatility
AMPL vs. QTUM - Volatility Comparison
Amplitude, Inc. (AMPL) has a higher volatility of 17.17% compared to Defiance Quantum ETF (QTUM) at 11.07%. This indicates that AMPL's price experiences larger fluctuations and is considered to be riskier than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMPL | QTUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.17% | 11.07% | +6.10% |
Volatility (6M)Calculated over the trailing 6-month period | 53.80% | 25.30% | +28.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.12% | 30.57% | +31.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.30% | 27.47% | +37.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.30% | 27.59% | +37.71% |
Dividends
AMPL vs. QTUM - Dividend Comparison
AMPL has not paid dividends to shareholders, while QTUM's dividend yield for the trailing twelve months is around 0.82%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AMPL Amplitude, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QTUM Defiance Quantum ETF | 0.82% | 1.01% | 0.61% | 0.81% | 1.46% | 0.48% | 0.42% | 0.61% | 0.21% |
Frequently Asked Questions
AMPL and QTUM have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMPL has higher volatility (17.17%) compared to QTUM (11.07%). In terms of maximum drawdown, AMPL dropped -93.38% vs QTUM's -38.45%.
QTUM currently has the higher Sharpe Ratio (1.79 vs -0.37), 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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