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FLEX vs. QUBT
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

FLEX vs. QUBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Flex Ltd. (FLEX) and Quantum Computing, Inc. (QUBT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FLEX achieves a 147.78% return, which is significantly higher than QUBT's -3.22% return.


FLEX

1D
-1.50%
1M
8.60%
YTD
147.78%
6M
117.60%
1Y
247.11%
3Y*
116.67%
5Y*
71.04%
10Y*
35.66%

QUBT

1D
0.20%
1M
-5.47%
YTD
-3.22%
6M
-17.59%
1Y
-40.47%
3Y*
77.69%
5Y*
9.88%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLEX vs. QUBT - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FLEX
Flex Ltd.
147.78%57.38%127.87%41.94%17.08%1.95%42.47%65.83%-45.49%
QUBT
Quantum Computing, Inc.
-3.22%-38.01%1,712.51%-39.53%-55.72%-75.83%370.33%0.00%-42.31%

Correlation

The correlation between FLEX and QUBT is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Aug 1, 2018

0.20

Fundamentals

Market Cap

FLEX:

$55.99B

QUBT:

$2.22B

EPS

FLEX:

$2.33

QUBT:

-$0.21

PS Ratio

FLEX:

2.03

QUBT:

428.61

PB Ratio

FLEX:

10.88

QUBT:

1.39

Total Revenue (TTM)

FLEX:

$27.91B

QUBT:

$4.33M

Gross Profit (TTM)

FLEX:

$2.57B

QUBT:

-$667.00K

EBITDA (TTM)

FLEX:

$1.66B

QUBT:

-$52.52M

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Return for Risk

FLEX vs. QUBT — Risk / Return Rank

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

FLEX
FLEX Risk / Return Rank: 9898
Overall Rank
FLEX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
FLEX Sortino Ratio Rank: 9797
Sortino Ratio Rank
FLEX Omega Ratio Rank: 9696
Omega Ratio Rank
FLEX Calmar Ratio Rank: 9999
Calmar Ratio Rank
FLEX Martin Ratio Rank: 9898
Martin Ratio Rank

QUBT
QUBT Risk / Return Rank: 2626
Overall Rank
QUBT Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
QUBT Sortino Ratio Rank: 3030
Sortino Ratio Rank
QUBT Omega Ratio Rank: 3030
Omega Ratio Rank
QUBT Calmar Ratio Rank: 2222
Calmar Ratio Rank
QUBT Martin Ratio Rank: 2626
Martin Ratio Rank
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.

FLEX vs. QUBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Flex Ltd. (FLEX) and Quantum Computing, Inc. (QUBT). 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.


FLEXQUBTDifference
Sharpe ratioReturn per unit of total volatility

+4.41

Sortino ratioReturn per unit of downside risk

+4.74

Omega ratioGain probability vs. loss probability

1.60

0.99

+0.61

Calmar ratioReturn relative to maximum drawdown

13.34

-0.58

+13.93

Martin ratioReturn relative to average drawdown

31.62

-0.89

+32.51

FLEX vs. QUBT - Sharpe Ratio Comparison

The current FLEX Sharpe Ratio is 3.99, which is higher than the QUBT Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of FLEX and QUBT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FLEX vs. QUBT - Drawdown Comparison

The maximum FLEX drawdown since its inception was -96.37%, roughly equal to the maximum QUBT drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for FLEX and QUBT.


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Drawdown Indicators


FLEXQUBTDifference

Max Drawdown

Largest peak-to-trough decline

-96.37%

-97.53%

+1.16%

Max Drawdown (1Y)

Largest decline over 1 year

-18.38%

-74.37%

+55.99%

Max Drawdown (3Y)

Largest decline over 3 years

-39.99%

-82.40%

+42.41%

Max Drawdown (5Y)

Largest decline over 5 years

-39.99%

-95.63%

+55.64%

Max Drawdown (10Y)

Largest decline over 10 years

-70.02%

Current Drawdown

Current decline from peak

-7.55%

-61.33%

+53.78%

Average Drawdown

Average peak-to-trough decline

-55.27%

-72.90%

+17.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.74%

48.67%

-40.93%

Volatility

FLEX vs. QUBT - Volatility Comparison

The current volatility for Flex Ltd. (FLEX) is 19.36%, while Quantum Computing, Inc. (QUBT) has a volatility of 33.55%. This indicates that FLEX experiences smaller price fluctuations and is considered to be less risky than QUBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FLEXQUBTDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.36%

33.55%

-14.19%

Volatility (6M)

Calculated over the trailing 6-month period

50.61%

67.37%

-16.76%

Volatility (1Y)

Calculated over the trailing 1-year period

61.43%

103.81%

-42.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.26%

133.05%

-85.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.86%

177.48%

-131.62%

Dividends

FLEX vs. QUBT - Dividend Comparison

Neither FLEX nor QUBT has paid dividends to shareholders.


PositionTTM20252024
FLEX
Flex Ltd.
0.00%0.00%21.00%
QUBT
Quantum Computing, Inc.
0.00%0.00%0.00%

Financials

FLEX vs. QUBT - Financials Comparison

This section allows you to compare key financial metrics between Flex Ltd. and Quantum Computing, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.002.00B4.00B6.00B8.00B20222023202420252026
7.48B
3.69M
(FLEX) Total Revenue
(QUBT) Total Revenue
Values in USD except per share items

Frequently Asked Questions


FLEX and QUBT have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QUBT has higher volatility (33.55%) compared to FLEX (19.36%). In terms of maximum drawdown, FLEX dropped -96.37% vs QUBT's -97.53%.

FLEX currently has the higher Sharpe Ratio (3.99 vs -0.42), 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.

Portfolio Optimizer

Find the right allocation for FLEX and QUBT

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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