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QBTS vs. QTUM-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between QBTS and QTUM-USD is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

QBTS vs. QTUM-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DPCM Capital Inc (QBTS) and QTUM (QTUM-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QBTS:

5.14

QTUM-USD:

-0.37

Sortino Ratio

QBTS:

4.12

QTUM-USD:

0.98

Omega Ratio

QBTS:

1.52

QTUM-USD:

1.10

Calmar Ratio

QBTS:

8.28

QTUM-USD:

0.04

Martin Ratio

QBTS:

26.41

QTUM-USD:

0.39

Ulcer Index

QBTS:

29.34%

QTUM-USD:

42.51%

Daily Std Dev

QBTS:

168.45%

QTUM-USD:

77.93%

Max Drawdown

QBTS:

-96.67%

QTUM-USD:

-98.90%

Current Drawdown

QBTS:

-1.21%

QTUM-USD:

-97.48%

Returns By Period

In the year-to-date period, QBTS achieves a 45.83% return, which is significantly higher than QTUM-USD's -20.61% return.


QBTS

YTD

45.83%

1M

90.22%

6M

646.95%

1Y

849.61%

5Y*

N/A

10Y*

N/A

QTUM-USD

YTD

-20.61%

1M

21.62%

6M

-16.62%

1Y

-33.74%

5Y*

9.02%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

QBTS vs. QTUM-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QBTS
The Risk-Adjusted Performance Rank of QBTS is 9999
Overall Rank
The Sharpe Ratio Rank of QBTS is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of QBTS is 9898
Sortino Ratio Rank
The Omega Ratio Rank of QBTS is 9797
Omega Ratio Rank
The Calmar Ratio Rank of QBTS is 100100
Calmar Ratio Rank
The Martin Ratio Rank of QBTS is 9999
Martin Ratio Rank

QTUM-USD
The Risk-Adjusted Performance Rank of QTUM-USD is 4343
Overall Rank
The Sharpe Ratio Rank of QTUM-USD is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of QTUM-USD is 4242
Sortino Ratio Rank
The Omega Ratio Rank of QTUM-USD is 4545
Omega Ratio Rank
The Calmar Ratio Rank of QTUM-USD is 4545
Calmar Ratio Rank
The Martin Ratio Rank of QTUM-USD is 4444
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QBTS vs. QTUM-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DPCM Capital Inc (QBTS) and QTUM (QTUM-USD). 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.


The current QBTS Sharpe Ratio is 5.14, which is higher than the QTUM-USD Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of QBTS and QTUM-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

QBTS vs. QTUM-USD - Drawdown Comparison

The maximum QBTS drawdown since its inception was -96.67%, roughly equal to the maximum QTUM-USD drawdown of -98.90%. Use the drawdown chart below to compare losses from any high point for QBTS and QTUM-USD. For additional features, visit the drawdowns tool.


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Volatility

QBTS vs. QTUM-USD - Volatility Comparison

DPCM Capital Inc (QBTS) has a higher volatility of 47.68% compared to QTUM (QTUM-USD) at 20.45%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than QTUM-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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