CRCT vs. QBTS
CRCT (Cricut, Inc.) and QBTS (D-Wave Quantum Inc) are both stocks. Both operate in the Computer Hardware industry within the Technology sector. Over the past 3 years, CRCT returned -20.19%/yr vs 103.94%/yr for QBTS. At a 0.13 correlation, their price movements are largely independent.
Performance
CRCT vs. QBTS - Performance Comparison
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Returns By Period
In the year-to-date period, CRCT achieves a -4.65% return, which is significantly higher than QBTS's -28.64% return.
CRCT
- 1D
- 2.49%
- 1M
- 3.00%
- 6M
- -6.00%
- YTD
- -4.65%
- 1Y
- -10.95%
- 3Y*
- -20.19%
- 5Y*
- -26.64%
- 10Y*
- —
QBTS
- 1D
- -7.12%
- 1M
- -20.15%
- 6M
- -35.21%
- YTD
- -28.64%
- 1Y
- 26.00%
- 3Y*
- 103.94%
- 5Y*
- —
- 10Y*
- —
CRCT vs. QBTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CRCT Cricut, Inc. | -4.65% | 7.53% | -6.79% | -20.13% | 29.11% |
QBTS D-Wave Quantum Inc | -28.64% | 211.31% | 854.44% | -38.88% | -83.96% |
Correlation
The correlation between CRCT and QBTS is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.13 |
Fundamentals
CRCT:
$948.81M
QBTS:
$6.86B
CRCT:
$0.34
QBTS:
-$1.04
CRCT:
1.37
QBTS:
531.13
CRCT:
2.69
QBTS:
6.10
CRCT:
$705.62M
QBTS:
$12.44M
CRCT:
$384.78M
QBTS:
$8.25M
CRCT:
$108.59M
QBTS:
-$399.03M
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Return for Risk
CRCT vs. QBTS — Risk / Return Rank
CRCT
QBTS
CRCT vs. QBTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cricut, Inc. (CRCT) 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.
| CRCT | QBTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.13 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 0.37 | -0.62 |
| Martin ratioReturn relative to average drawdown | -0.38 | 0.61 | -0.99 |
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Drawdowns
CRCT vs. QBTS - Drawdown Comparison
The maximum CRCT drawdown since its inception was -87.89%, smaller than the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for CRCT and QBTS.
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Drawdown Indicators
| CRCT | QBTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.89% | -96.67% | +8.78% |
Max Drawdown (1Y)Largest decline over 1 year | -44.20% | -71.01% | +26.81% |
Max Drawdown (3Y)Largest decline over 3 years | -65.25% | -79.17% | +13.92% |
Max Drawdown (5Y)Largest decline over 5 years | -86.43% | — | — |
Current DrawdownCurrent decline from peak | -83.39% | -58.33% | -25.06% |
Average DrawdownAverage peak-to-trough decline | -71.14% | -65.34% | -5.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.84% | 42.79% | -13.95% |
Volatility
CRCT vs. QBTS - Volatility Comparison
The current volatility for Cricut, Inc. (CRCT) is 8.55%, while D-Wave Quantum Inc (QBTS) has a volatility of 24.70%. This indicates that CRCT 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
| CRCT | QBTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.55% | 24.70% | -16.15% |
Volatility (6M)Calculated over the trailing 6-month period | 27.11% | 73.85% | -46.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.80% | 109.96% | -69.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.84% | 150.05% | -87.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.80% | 150.05% | -84.25% |
Dividends
CRCT vs. QBTS - Dividend Comparison
CRCT's dividend yield for the trailing twelve months is around 4.42%, while QBTS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CRCT Cricut, Inc. | 4.42% | 27.27% | 7.02% | 20.49% |
QBTS D-Wave Quantum Inc | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CRCT vs. QBTS - Financials Comparison
This section allows you to compare key financial metrics between Cricut, 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
CRCT and QBTS have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QBTS has higher volatility (24.70%) compared to CRCT (8.55%). In terms of maximum drawdown, CRCT dropped -87.89% vs QBTS's -96.67%.
QBTS currently has the higher Sharpe Ratio (0.24 vs -0.27), 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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