PRZO vs. QBTS
PRZO (ParaZero Technologies Ltd. Ordinary Shares) and QBTS (D-Wave Quantum Inc) are both stocks. PRZO operates in Aerospace & Defense (Industrials), while QBTS operates in Computer Hardware (Technology). Over the past year, PRZO returned -49.14% vs 47.17% for QBTS. At a 0.20 correlation, their price movements are largely independent.
Performance
PRZO vs. QBTS - Performance Comparison
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Returns By Period
In the year-to-date period, PRZO achieves a -26.98% return, which is significantly lower than QBTS's -10.63% return.
PRZO
- 1D
- -3.06%
- 1M
- 7.50%
- YTD
- -26.98%
- 6M
- -52.77%
- 1Y
- -49.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QBTS
- 1D
- -1.89%
- 1M
- 9.00%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 47.17%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
PRZO vs. QBTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PRZO ParaZero Technologies Ltd. Ordinary Shares | -26.98% | -59.85% | 185.59% | -82.62% |
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -58.29% |
Correlation
The correlation between PRZO and QBTS is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2023 | 0.20 |
Over the past year, PRZO and QBTS have become more correlated (0.42) than their long-term average of 0.20, meaning their price movements have been converging.
Fundamentals
PRZO:
$11.14M
QBTS:
$8.59B
PRZO:
-$0.33
QBTS:
-$1.08
PRZO:
13.95
QBTS:
637.12
PRZO:
11.25
QBTS:
7.64
PRZO:
$741.37K
QBTS:
$12.44M
PRZO:
-$40.47K
QBTS:
$8.25M
PRZO:
-$7.24M
QBTS:
-$399.03M
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Return for Risk
PRZO vs. QBTS — Risk / Return Rank
PRZO
QBTS
PRZO vs. QBTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ParaZero Technologies Ltd. Ordinary Shares (PRZO) 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.
| PRZO | QBTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.16 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 0.67 | -1.31 |
| Martin ratioReturn relative to average drawdown | -1.16 | 1.16 | -2.32 |
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Drawdowns
PRZO vs. QBTS - Drawdown Comparison
The maximum PRZO drawdown since its inception was -88.53%, smaller than the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for PRZO and QBTS.
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Drawdown Indicators
| PRZO | QBTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.53% | -96.67% | +8.14% |
Max Drawdown (1Y)Largest decline over 1 year | -76.78% | -71.01% | -5.77% |
Max Drawdown (3Y)Largest decline over 3 years | — | -79.17% | — |
Current DrawdownCurrent decline from peak | -85.45% | -47.81% | -37.64% |
Average DrawdownAverage peak-to-trough decline | -74.24% | -65.66% | -8.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.41% | 40.64% | +1.77% |
Volatility
PRZO vs. QBTS - Volatility Comparison
ParaZero Technologies Ltd. Ordinary Shares (PRZO) has a higher volatility of 50.24% compared to D-Wave Quantum Inc (QBTS) at 42.66%. This indicates that PRZO's price experiences larger fluctuations and is considered to be riskier 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
| PRZO | QBTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 50.24% | 42.66% | +7.58% |
Volatility (6M)Calculated over the trailing 6-month period | 91.31% | 76.89% | +14.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 117.45% | 108.46% | +8.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 174.37% | 150.99% | +23.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 174.37% | 150.99% | +23.38% |
Dividends
PRZO vs. QBTS - Dividend Comparison
Neither PRZO nor QBTS has paid dividends to shareholders.
Financials
PRZO vs. QBTS - Financials Comparison
This section allows you to compare key financial metrics between ParaZero Technologies Ltd. Ordinary Shares 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
PRZO and QBTS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRZO has higher volatility (50.24%) compared to QBTS (42.66%). In terms of maximum drawdown, PRZO dropped -88.53% vs QBTS's -96.67%.
QBTS currently has the higher Sharpe Ratio (0.44 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.
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