QBTS vs. AIA
QBTS (D-Wave Quantum Inc) is a stock, while AIA (iShares Asia 50 ETF) is Asia Pacific Equities fund tracking the S&P Asia 50. Over the past 3 years, QBTS returned 123.62%/yr vs 34.57%/yr for AIA. At a 0.25 correlation, their price movements are largely independent.
Performance
QBTS vs. AIA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QBTS achieves a -10.63% return, which is significantly lower than AIA's 44.56% return.
QBTS
- 1D
- -1.89%
- 1M
- 14.84%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 54.05%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
AIA
- 1D
- 0.54%
- 1M
- 6.70%
- YTD
- 44.56%
- 6M
- 50.54%
- 1Y
- 83.79%
- 3Y*
- 34.57%
- 5Y*
- 11.52%
- 10Y*
- 15.05%
QBTS vs. AIA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
AIA iShares Asia 50 ETF | 44.56% | 47.79% | 20.26% | 4.32% | -4.55% |
Correlation
The correlation between QBTS and AIA 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 | 0.29 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.25 |
The correlation between QBTS and AIA shifts across timeframes, from 0.25 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QBTS vs. AIA — Risk / Return Rank
QBTS
AIA
QBTS vs. AIA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum Inc (QBTS) and iShares Asia 50 ETF (AIA). 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.
| QBTS | AIA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.49 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 5.70 | -5.03 |
| Martin ratioReturn relative to average drawdown | 1.16 | 19.76 | -18.59 |
Loading charts...
Drawdowns
QBTS vs. AIA - Drawdown Comparison
The maximum QBTS drawdown since its inception was -96.67%, which is greater than AIA's maximum drawdown of -60.89%. Use the drawdown chart below to compare losses from any high point for QBTS and AIA.
Loading charts...
Drawdown Indicators
| QBTS | AIA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -60.89% | -35.78% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -14.15% | -56.86% |
Max Drawdown (3Y)Largest decline over 3 years | -79.17% | -21.64% | -57.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -54.64% | — |
Current DrawdownCurrent decline from peak | -47.81% | -6.44% | -41.37% |
Average DrawdownAverage peak-to-trough decline | -65.66% | -16.66% | -49.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.64% | 4.08% | +36.56% |
Volatility
QBTS vs. AIA - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 42.66% compared to iShares Asia 50 ETF (AIA) at 14.34%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than AIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QBTS | AIA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.66% | 14.34% | +28.32% |
Volatility (6M)Calculated over the trailing 6-month period | 76.89% | 24.49% | +52.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.46% | 27.93% | +80.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 150.99% | 25.96% | +125.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 150.99% | 23.78% | +127.21% |
Dividends
QBTS vs. AIA - Dividend Comparison
QBTS has not paid dividends to shareholders, while AIA's dividend yield for the trailing twelve months is around 1.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIA iShares Asia 50 ETF | 1.73% | 2.50% | 2.78% | 2.07% | 2.59% | 1.54% | 1.11% | 2.24% | 2.49% | 1.45% | 2.29% | 2.88% |
QBTS D-Wave Quantum Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QBTS and AIA 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.
QBTS has higher volatility (42.66%) compared to AIA (14.34%). In terms of maximum drawdown, QBTS dropped -96.67% vs AIA's -60.89%.
AIA currently has the higher Sharpe Ratio (2.89 vs 0.44), 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.
Find the right allocation for QBTS and AIA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer