QBTS vs. LBRE.DE
QBTS (D-Wave Quantum Inc) is a stock, while LBRE.DE (Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc) is Industrials Equities fund tracking the STOXX® Europe 600 Basic Resources. Over the past 3 years, QBTS returned 123.62%/yr vs 20.19%/yr for LBRE.DE. At a 0.15 correlation, their price movements are largely independent.
Performance
QBTS vs. LBRE.DE - Performance Comparison
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Different Trading Currencies
QBTS is traded in USD, while LBRE.DE is traded in EUR. To make them comparable, the LBRE.DE 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 LBRE.DE's 27.04% return.
QBTS
- 1D
- -1.89%
- 1M
- 5.60%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 54.05%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
LBRE.DE
- 1D
- 3.66%
- 1M
- -2.52%
- YTD
- 27.04%
- 6M
- 36.67%
- 1Y
- 82.08%
- 3Y*
- 20.19%
- 5Y*
- 10.33%
- 10Y*
- 17.26%
QBTS vs. LBRE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
LBRE.DE Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc | 27.04% | 50.24% | -14.08% | 0.66% | 14.78% |
Correlation
The correlation between QBTS and LBRE.DE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.15 |
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Return for Risk
QBTS vs. LBRE.DE — Risk / Return Rank
QBTS
LBRE.DE
QBTS vs. LBRE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum Inc (QBTS) and Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc (LBRE.DE). 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 | LBRE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.44 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 4.27 | -3.60 |
| Martin ratioReturn relative to average drawdown | 1.16 | 15.85 | -14.69 |
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Drawdowns
QBTS vs. LBRE.DE - Drawdown Comparison
The maximum QBTS drawdown since its inception was -96.67%, which is greater than LBRE.DE's maximum drawdown of -82.09%. Use the drawdown chart below to compare losses from any high point for QBTS and LBRE.DE.
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Drawdown Indicators
| QBTS | LBRE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -82.09% | -14.58% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -18.80% | -52.21% |
Max Drawdown (3Y)Largest decline over 3 years | -79.17% | -32.67% | -46.50% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.18% | — |
Current DrawdownCurrent decline from peak | -47.81% | -5.58% | -42.23% |
Average DrawdownAverage peak-to-trough decline | -65.66% | -45.65% | -20.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.64% | 5.08% | +35.56% |
Volatility
QBTS vs. LBRE.DE - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 42.66% compared to Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc (LBRE.DE) at 11.06%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than LBRE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QBTS | LBRE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.66% | 11.06% | +31.60% |
Volatility (6M)Calculated over the trailing 6-month period | 76.89% | 23.63% | +53.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.46% | 28.05% | +80.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 150.99% | 28.90% | +122.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 150.99% | 29.29% | +121.70% |
Dividends
QBTS vs. LBRE.DE - Dividend Comparison
Neither QBTS nor LBRE.DE has paid dividends to shareholders.
Frequently Asked Questions
QBTS and LBRE.DE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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