QBTS vs. AMZN
QBTS (D-Wave Quantum Inc) and AMZN (Amazon.com, Inc) are both stocks. QBTS operates in Computer Hardware (Technology), while AMZN operates in Internet Retail (Consumer Cyclical). Over the past 3 years, QBTS returned 123.62%/yr vs 23.49%/yr for AMZN. At a 0.22 correlation, their price movements are largely independent.
Performance
QBTS vs. AMZN - Performance Comparison
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Returns By Period
In the year-to-date period, QBTS achieves a -10.63% return, which is significantly lower than AMZN's 3.35% return.
QBTS
- 1D
- -1.89%
- 1M
- 9.00%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 47.17%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
AMZN
- 1D
- -1.23%
- 1M
- -11.69%
- YTD
- 3.35%
- 6M
- 5.46%
- 1Y
- 11.87%
- 3Y*
- 23.49%
- 5Y*
- 7.35%
- 10Y*
- 20.83%
QBTS vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
AMZN Amazon.com, Inc | 3.35% | 5.21% | 44.39% | 80.88% | -40.34% |
Correlation
The correlation between QBTS and AMZN is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.22 |
Fundamentals
QBTS:
$8.59B
AMZN:
$2.59T
QBTS:
-$1.08
AMZN:
$8.37
QBTS:
637.12
AMZN:
3.48
QBTS:
7.64
AMZN:
5.87
QBTS:
$12.44M
AMZN:
$742.78B
QBTS:
$8.25M
AMZN:
$348.59B
QBTS:
-$399.03M
AMZN:
$152.71B
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Return for Risk
QBTS vs. AMZN — Risk / Return Rank
QBTS
AMZN
QBTS vs. AMZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum Inc (QBTS) and Amazon.com, Inc (AMZN). 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 | AMZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.09 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 0.55 | +0.12 |
| Martin ratioReturn relative to average drawdown | 1.16 | 1.29 | -0.13 |
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Drawdowns
QBTS vs. AMZN - Drawdown Comparison
The maximum QBTS drawdown since its inception was -96.67%, roughly equal to the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for QBTS and AMZN.
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Drawdown Indicators
| QBTS | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -94.40% | -2.27% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -21.74% | -49.27% |
Max Drawdown (3Y)Largest decline over 3 years | -79.17% | -30.88% | -48.29% |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.15% | — |
Current DrawdownCurrent decline from peak | -47.81% | -13.25% | -34.56% |
Average DrawdownAverage peak-to-trough decline | -65.66% | -28.19% | -37.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.64% | 9.21% | +31.43% |
Volatility
QBTS vs. AMZN - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 42.66% compared to Amazon.com, Inc (AMZN) at 7.92%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QBTS | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.66% | 7.92% | +34.74% |
Volatility (6M)Calculated over the trailing 6-month period | 76.89% | 20.73% | +56.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.46% | 30.13% | +78.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 150.99% | 35.53% | +115.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 150.99% | 32.48% | +118.51% |
Dividends
QBTS vs. AMZN - Dividend Comparison
Neither QBTS nor AMZN has paid dividends to shareholders.
Financials
QBTS vs. AMZN - Financials Comparison
This section allows you to compare key financial metrics between D-Wave Quantum Inc and Amazon.com, 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
QBTS and AMZN have a correlation of 0.21, 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 AMZN (7.92%). In terms of maximum drawdown, QBTS dropped -96.67% vs AMZN's -94.40%.
QBTS currently has the higher Sharpe Ratio (0.44 vs 0.40), 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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