LWLG vs. RGTI

Last updated Jun 5, 2026

LWLG (Lightwave Logic, Inc.) and RGTI (Rigetti Computing Inc) are both stocks. LWLG operates in Specialty Chemicals (Basic Materials), while RGTI operates in Computer Hardware (Technology). Over the past 5 years, LWLG returned 30.32%/yr vs 19.63%/yr for RGTI. At a 0.35 correlation, their price movements are largely independent.

Performance

LWLG vs. RGTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lightwave Logic, Inc. (LWLG) and Rigetti Computing Inc (RGTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LWLG achieves a 275.93% return, which is significantly higher than RGTI's 9.07% return.

LWLG

• 1D: -0.90%
• 1M: -27.15%
• YTD: 275.93%
• 6M: 189.31%
• 1Y: 1,049.06%
• 3Y*: 14.85%
• 5Y*: 30.32%
• 10Y*: 34.26%

RGTI

• 1D: 0.27%
• 1M: 32.24%
• YTD: 9.07%
• 6M: -19.63%
• 1Y: 104.40%
• 3Y*: 198.07%
• 5Y*: 19.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LWLG vs. RGTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LWLG Lightwave Logic, Inc.	275.93%	54.29%	-57.83%	15.55%	-71.03%	750.29%
RGTI Rigetti Computing Inc	9.07%	45.15%	1,449.40%	35.07%	-92.91%	3.94%

Correlation

The correlation between LWLG and RGTI is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Apr 23, 2021	0.35

Fundamentals

EPS LWLG : -$0.22 RGTI : -$0.71
PS Ratio LWLG : 4.90K RGTI : 764.94
Total Revenue (TTM) LWLG : $243.11K RGTI : $10.02M
Gross Profit (TTM) LWLG : -$855.55K RGTI : $3.00M
EBITDA (TTM) LWLG : -$14.17M RGTI : -$263.06M

Return for Risk

LWLG vs. RGTI — Risk / Return Rank

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

LWLG

LWLG Risk / Return Rank: 98
LWLG Sharpe Ratio Rank: 100
LWLG Sortino Ratio Rank: 97
LWLG Omega Ratio Rank: 94
LWLG Calmar Ratio Rank: 99
LWLG Martin Ratio Rank: 99

RGTI

RGTI Risk / Return Rank: 70
RGTI Sharpe Ratio Rank: 71
RGTI Sortino Ratio Rank: 77
RGTI Omega Ratio Rank: 70
RGTI Calmar Ratio Rank: 68
RGTI Martin Ratio Rank: 62

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.

LWLG vs. RGTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lightwave Logic, Inc. (LWLG) and Rigetti Computing Inc (RGTI). 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.

	LWLG	RGTI	Difference
Sharpe ratio: Return per unit of total volatility	8.28	0.97	+7.31
Sortino ratio: Return per unit of downside risk	4.59	2.09	+2.50
Omega ratio: Gain probability vs. loss probability	1.56	1.22	+0.33
Calmar ratio: Return relative to maximum drawdown	21.17	1.36	+19.81
Martin ratio: Return relative to average drawdown	45.06	2.14	+42.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LWLG vs. RGTI - Sharpe Ratio Comparison

The current LWLG Sharpe Ratio is 8.28, which is higher than the RGTI Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of LWLG and RGTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LWLG	RGTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	8.28	0.97	+7.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.15	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.15	+0.07

Drawdowns

LWLG vs. RGTI - Drawdown Comparison

The maximum LWLG drawdown since its inception was -95.76%, roughly equal to the maximum RGTI drawdown of -96.89%. Use the drawdown chart below to compare losses from any high point for LWLG and RGTI.

Drawdown Indicators

	LWLG	RGTI	Difference
Max Drawdown Largest peak-to-trough decline	-95.76%	-96.89%	+1.13%
Max Drawdown (1Y) Largest decline over 1 year	-50.08%	-77.10%	+27.02%
Max Drawdown (3Y) Largest decline over 3 years	-90.57%	-78.83%	-11.74%
Max Drawdown (5Y) Largest decline over 5 years	-95.76%	-96.89%	+1.13%
Max Drawdown (10Y) Largest decline over 10 years	-95.76%	—	—
Current Drawdown Current decline from peak	-37.73%	-57.12%	+19.39%
Average Drawdown Average peak-to-trough decline	-43.16%	-58.86%	+15.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.48%	49.04%	-25.56%

Volatility

LWLG vs. RGTI - Volatility Comparison

The current volatility for Lightwave Logic, Inc. (LWLG) is 40.49%, while Rigetti Computing Inc (RGTI) has a volatility of 43.30%. This indicates that LWLG experiences smaller price fluctuations and is considered to be less risky than RGTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LWLG	RGTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.49%	43.30%	-2.81%
Volatility (6M) Calculated over the trailing 6-month period	94.97%	71.03%	+23.94%
Volatility (1Y) Calculated over the trailing 1-year period	128.16%	108.40%	+19.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.82%	128.73%	-24.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.24%	127.22%	-37.98%

Dividends

LWLG vs. RGTI - Dividend Comparison

Neither LWLG nor RGTI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LWLG and RGTI in my portfolio?

LWLG and RGTI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LWLG or RGTI?

RGTI has higher volatility (43.30%) compared to LWLG (40.49%). In terms of maximum drawdown, LWLG dropped -95.76% vs RGTI's -96.89%.

Which has better risk-adjusted returns?

LWLG currently has the higher Sharpe Ratio (8.28 vs 0.97), 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.