QBTS vs. EFR.TO
QBTS (D-Wave Quantum Inc) and EFR.TO (Energy Fuels Inc.) are both stocks. QBTS operates in Computer Hardware (Technology), while EFR.TO operates in Uranium (Energy). Over the past 3 years, QBTS returned 123.62%/yr vs 32.32%/yr for EFR.TO. At a 0.25 correlation, their price movements are largely independent.
Performance
QBTS vs. EFR.TO - Performance Comparison
Loading charts...
Different Trading Currencies
QBTS is traded in USD, while EFR.TO is traded in CAD. To make them comparable, the EFR.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, QBTS achieves a -10.63% return, which is significantly lower than EFR.TO's 3.67% return.
QBTS
- 1D
- -1.89%
- 1M
- 9.00%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 47.17%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
EFR.TO
- 1D
- -0.43%
- 1M
- -25.63%
- YTD
- 3.67%
- 6M
- 3.25%
- 1Y
- 181.35%
- 3Y*
- 32.32%
- 5Y*
- 16.34%
- 10Y*
- 19.95%
QBTS vs. EFR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
EFR.TO Energy Fuels Inc. | 3.67% | 181.88% | -28.28% | 16.13% | -11.96% |
Correlation
The correlation between QBTS and EFR.TO is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.25 |
Over the past year, QBTS and EFR.TO have become more correlated (0.50) than their long-term average of 0.25, meaning their price movements have been converging.
Fundamentals
QBTS:
$8.59B
EFR.TO:
CA$5.08B
QBTS:
-$1.08
EFR.TO:
-$0.30
QBTS:
637.12
EFR.TO:
41.45
QBTS:
7.64
EFR.TO:
5.03
QBTS:
$12.44M
EFR.TO:
$84.86M
QBTS:
$8.25M
EFR.TO:
$25.23M
QBTS:
-$399.03M
EFR.TO:
-$72.89M
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. EFR.TO — Risk / Return Rank
QBTS
EFR.TO
QBTS vs. EFR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum Inc (QBTS) and Energy Fuels Inc. (EFR.TO). 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 | EFR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.30 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 3.56 | -2.89 |
| Martin ratioReturn relative to average drawdown | 1.16 | 6.91 | -5.75 |
Loading charts...
Drawdowns
QBTS vs. EFR.TO - Drawdown Comparison
The maximum QBTS drawdown since its inception was -96.67%, roughly equal to the maximum EFR.TO drawdown of -99.64%. Use the drawdown chart below to compare losses from any high point for QBTS and EFR.TO.
Loading charts...
Drawdown Indicators
| QBTS | EFR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -99.64% | +2.97% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -51.27% | -19.74% |
Max Drawdown (3Y)Largest decline over 3 years | -79.17% | -61.46% | -17.71% |
Max Drawdown (5Y)Largest decline over 5 years | — | -68.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.41% | — |
Current DrawdownCurrent decline from peak | -47.81% | -93.60% | +45.79% |
Average DrawdownAverage peak-to-trough decline | -65.66% | -91.29% | +25.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.64% | 26.36% | +14.28% |
Volatility
QBTS vs. EFR.TO - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 42.66% compared to Energy Fuels Inc. (EFR.TO) at 29.09%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than EFR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QBTS | EFR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.66% | 29.09% | +13.57% |
Volatility (6M)Calculated over the trailing 6-month period | 76.89% | 66.45% | +10.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.46% | 97.98% | +10.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 150.99% | 72.11% | +78.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 150.99% | 71.27% | +79.72% |
Dividends
QBTS vs. EFR.TO - Dividend Comparison
Neither QBTS nor EFR.TO has paid dividends to shareholders.
Financials
QBTS vs. EFR.TO - Financials Comparison
This section allows you to compare key financial metrics between D-Wave Quantum Inc and Energy Fuels 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 EFR.TO have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for QBTS and EFR.TO
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