ISRG vs. QBTS
ISRG (Intuitive Surgical, Inc.) and QBTS (D-Wave Quantum Inc) are both stocks. ISRG operates in Medical Instruments & Supplies (Healthcare), while QBTS operates in Computer Hardware (Technology). Over the past 3 years, ISRG returned 9.23%/yr vs 123.62%/yr for QBTS. At a 0.20 correlation, their price movements are largely independent.
Performance
ISRG vs. QBTS - Performance Comparison
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Returns By Period
In the year-to-date period, ISRG achieves a -27.42% return, which is significantly lower than QBTS's -10.63% return.
ISRG
- 1D
- -0.45%
- 1M
- -2.39%
- YTD
- -27.42%
- 6M
- -24.20%
- 1Y
- -19.74%
- 3Y*
- 9.23%
- 5Y*
- 7.37%
- 10Y*
- 19.09%
QBTS
- 1D
- -1.89%
- 1M
- 14.84%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 54.05%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
ISRG vs. QBTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ISRG Intuitive Surgical, Inc. | -27.42% | 8.51% | 54.72% | 27.14% | 10.42% |
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
Correlation
The correlation between ISRG and QBTS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.20 |
Fundamentals
ISRG:
$147.90B
QBTS:
$8.59B
ISRG:
$8.24
QBTS:
-$1.08
ISRG:
14.04
QBTS:
637.12
ISRG:
8.40
QBTS:
7.64
ISRG:
$10.58B
QBTS:
$12.44M
ISRG:
$7.02B
QBTS:
$8.25M
ISRG:
$3.76B
QBTS:
-$399.03M
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Return for Risk
ISRG vs. QBTS — Risk / Return Rank
ISRG
QBTS
ISRG vs. QBTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intuitive Surgical, Inc. (ISRG) 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.
| ISRG | QBTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.16 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 0.67 | -1.29 |
| Martin ratioReturn relative to average drawdown | -1.24 | 1.16 | -2.41 |
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Drawdowns
ISRG vs. QBTS - Drawdown Comparison
The maximum ISRG drawdown since its inception was -82.26%, smaller than the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for ISRG and QBTS.
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Drawdown Indicators
| ISRG | QBTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.26% | -96.67% | +14.41% |
Max Drawdown (1Y)Largest decline over 1 year | -32.14% | -71.01% | +38.87% |
Max Drawdown (3Y)Largest decline over 3 years | -34.10% | -79.17% | +45.07% |
Max Drawdown (5Y)Largest decline over 5 years | -49.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -49.90% | — | — |
Current DrawdownCurrent decline from peak | -32.66% | -47.81% | +15.15% |
Average DrawdownAverage peak-to-trough decline | -21.28% | -65.66% | +44.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.00% | 40.64% | -24.64% |
Volatility
ISRG vs. QBTS - Volatility Comparison
The current volatility for Intuitive Surgical, Inc. (ISRG) is 9.70%, while D-Wave Quantum Inc (QBTS) has a volatility of 42.66%. This indicates that ISRG 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
| ISRG | QBTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 42.66% | -32.96% |
Volatility (6M)Calculated over the trailing 6-month period | 20.72% | 76.89% | -56.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.69% | 108.46% | -77.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.19% | 150.99% | -117.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.40% | 150.99% | -118.59% |
Dividends
ISRG vs. QBTS - Dividend Comparison
Neither ISRG nor QBTS has paid dividends to shareholders.
Financials
ISRG vs. QBTS - Financials Comparison
This section allows you to compare key financial metrics between Intuitive Surgical, 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
ISRG and QBTS have a correlation of 0.13, 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 ISRG (9.70%). In terms of maximum drawdown, ISRG dropped -82.26% vs QBTS's -96.67%.
QBTS currently has the higher Sharpe Ratio (0.44 vs -0.65), 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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