QBTS vs. ATRO
QBTS (D-Wave Quantum Inc) and ATRO (Astronics Corporation) are both stocks. QBTS operates in Computer Hardware (Technology), while ATRO operates in Aerospace & Defense (Industrials). Over the past 3 years, QBTS returned 123.62%/yr vs 74.20%/yr for ATRO. At a 0.22 correlation, their price movements are largely independent.
Performance
QBTS vs. ATRO - 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 ATRO's 76.99% return.
QBTS
- 1D
- -1.89%
- 1M
- 9.00%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 47.17%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
ATRO
- 1D
- 1.27%
- 1M
- 19.87%
- YTD
- 76.99%
- 6M
- 76.47%
- 1Y
- 168.08%
- 3Y*
- 74.20%
- 5Y*
- 37.93%
- 10Y*
- 12.28%
QBTS vs. ATRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
ATRO Astronics Corporation | 76.99% | 239.85% | -8.38% | 69.13% | -6.53% |
Correlation
The correlation between QBTS and ATRO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.22 |
Fundamentals
QBTS:
$8.59B
ATRO:
$3.67B
QBTS:
-$1.08
ATRO:
$1.22
QBTS:
637.12
ATRO:
4.02
QBTS:
7.64
ATRO:
22.69
QBTS:
$12.44M
ATRO:
$886.81M
QBTS:
$8.25M
ATRO:
$272.44M
QBTS:
-$399.03M
ATRO:
$74.47M
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Return for Risk
QBTS vs. ATRO — Risk / Return Rank
QBTS
ATRO
QBTS vs. ATRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum Inc (QBTS) and Astronics Corporation (ATRO). 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 | ATRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.60 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.46 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 7.23 | -6.56 |
| Martin ratioReturn relative to average drawdown | 1.16 | 24.48 | -23.32 |
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Drawdowns
QBTS vs. ATRO - Drawdown Comparison
The maximum QBTS drawdown since its inception was -96.67%, which is greater than ATRO's maximum drawdown of -90.12%. Use the drawdown chart below to compare losses from any high point for QBTS and ATRO.
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Drawdown Indicators
| QBTS | ATRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -90.12% | -6.55% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -23.39% | -47.62% |
Max Drawdown (3Y)Largest decline over 3 years | -79.17% | -34.89% | -44.28% |
Max Drawdown (5Y)Largest decline over 5 years | — | -62.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -85.52% | — |
Current DrawdownCurrent decline from peak | -47.81% | 0.00% | -47.81% |
Average DrawdownAverage peak-to-trough decline | -65.66% | -38.08% | -27.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.64% | 7.06% | +33.58% |
Volatility
QBTS vs. ATRO - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 42.66% compared to Astronics Corporation (ATRO) at 20.40%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than ATRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QBTS | ATRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.66% | 20.40% | +22.26% |
Volatility (6M)Calculated over the trailing 6-month period | 76.89% | 39.82% | +37.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.46% | 56.08% | +52.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 150.99% | 55.27% | +95.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 150.99% | 56.87% | +94.12% |
Dividends
QBTS vs. ATRO - Dividend Comparison
Neither QBTS nor ATRO has paid dividends to shareholders.
Financials
QBTS vs. ATRO - Financials Comparison
This section allows you to compare key financial metrics between D-Wave Quantum Inc and Astronics Corporation. 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 ATRO have a correlation of 0.28, 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 ATRO (20.40%). In terms of maximum drawdown, QBTS dropped -96.67% vs ATRO's -90.12%.
ATRO currently has the higher Sharpe Ratio (3.04 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.
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