AMZN vs. QBTS
AMZN (Amazon.com, Inc) and QBTS (D-Wave Quantum Inc) are both stocks. AMZN operates in Internet Retail (Consumer Cyclical), while QBTS operates in Computer Hardware (Technology). Over the past 3 years, AMZN returned 23.49%/yr vs 123.62%/yr for QBTS. At a 0.22 correlation, their price movements are largely independent.
Performance
AMZN vs. QBTS - Performance Comparison
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Returns By Period
In the year-to-date period, AMZN achieves a 3.35% return, which is significantly higher than QBTS's -10.63% return.
AMZN
- 1D
- -1.23%
- 1M
- -11.69%
- YTD
- 3.35%
- 6M
- 5.46%
- 1Y
- 11.87%
- 3Y*
- 23.49%
- 5Y*
- 7.35%
- 10Y*
- 20.83%
QBTS
- 1D
- -1.89%
- 1M
- 9.00%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 47.17%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
AMZN vs. QBTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 3.35% | 5.21% | 44.39% | 80.88% | -40.34% |
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
Correlation
The correlation between AMZN and QBTS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.22 |
Fundamentals
AMZN:
$2.59T
QBTS:
$8.59B
AMZN:
$8.37
QBTS:
-$1.08
AMZN:
3.48
QBTS:
637.12
AMZN:
5.87
QBTS:
7.64
AMZN:
$742.78B
QBTS:
$12.44M
AMZN:
$348.59B
QBTS:
$8.25M
AMZN:
$152.71B
QBTS:
-$399.03M
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Return for Risk
AMZN vs. QBTS — Risk / Return Rank
AMZN
QBTS
AMZN vs. QBTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) 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.
| AMZN | QBTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.16 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.67 | -0.12 |
| Martin ratioReturn relative to average drawdown | 1.29 | 1.16 | +0.13 |
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Drawdowns
AMZN vs. QBTS - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, roughly equal to the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for AMZN and QBTS.
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Drawdown Indicators
| AMZN | QBTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -96.67% | +2.27% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -71.01% | +49.27% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -79.17% | +48.29% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | — | — |
Current DrawdownCurrent decline from peak | -13.25% | -47.81% | +34.56% |
Average DrawdownAverage peak-to-trough decline | -28.19% | -65.66% | +37.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 40.64% | -31.43% |
Volatility
AMZN vs. QBTS - Volatility Comparison
The current volatility for Amazon.com, Inc (AMZN) is 7.92%, while D-Wave Quantum Inc (QBTS) has a volatility of 42.66%. This indicates that AMZN 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
| AMZN | QBTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 42.66% | -34.74% |
Volatility (6M)Calculated over the trailing 6-month period | 20.73% | 76.89% | -56.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 108.46% | -78.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 150.99% | -115.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 150.99% | -118.51% |
Dividends
AMZN vs. QBTS - Dividend Comparison
Neither AMZN nor QBTS has paid dividends to shareholders.
Financials
AMZN vs. QBTS - Financials Comparison
This section allows you to compare key financial metrics between Amazon.com, 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
AMZN and QBTS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QBTS has higher volatility (42.66%) compared to AMZN (7.92%). In terms of maximum drawdown, AMZN dropped -94.40% vs QBTS's -96.67%.
QBTS currently has the higher Sharpe Ratio (0.44 vs 0.40), 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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