QBTS vs. QTUM-USD
QBTS (D-Wave Quantum Inc) is a stock, while QTUM-USD (QTUM) is a cryptocurrency. Over the past 3 years, QBTS returned 169.39%/yr vs -32.78%/yr for QTUM-USD. At a 0.15 correlation, their price movements are largely independent.
Performance
QBTS vs. QTUM-USD - Performance Comparison
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Returns By Period
In the year-to-date period, QBTS achieves a 14.38% return, which is significantly higher than QTUM-USD's -39.34% return.
QBTS
- 1D
- 2.50%
- 1M
- 45.97%
- YTD
- 14.38%
- 6M
- 32.93%
- 1Y
- 74.81%
- 3Y*
- 169.39%
- 5Y*
- —
- 10Y*
- —
QTUM-USD
- 1D
- -5.60%
- 1M
- -6.79%
- YTD
- -39.34%
- 6M
- -46.74%
- 1Y
- -60.73%
- 3Y*
- -32.78%
- 5Y*
- -42.02%
- 10Y*
- —
QBTS vs. QTUM-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | 14.38% | 211.31% | 854.44% | -38.88% | -85.60% |
QTUM-USD QTUM | -39.34% | -55.51% | -19.33% | 103.93% | -56.13% |
Correlation
The correlation between QBTS and QTUM-USD 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 | 0.18 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022 | 0.15 |
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Return for Risk
QBTS vs. QTUM-USD — Risk / Return Rank
QBTS
QTUM-USD
QBTS vs. QTUM-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum 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.
| QBTS | QTUM-USD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | -0.76 | +1.46 |
Sortino ratioReturn per unit of downside risk | 1.78 | -1.08 | +2.87 |
Omega ratioGain probability vs. loss probability | 1.19 | 0.89 | +0.30 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | -1.13 | +2.30 |
Martin ratioReturn relative to average drawdown | 2.07 | -1.52 | +3.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QBTS | QTUM-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | -0.76 | +1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | -0.23 | +0.45 |
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 -99.16%. Use the drawdown chart below to compare losses from any high point for QBTS and QTUM-USD.
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Drawdown Indicators
| QBTS | QTUM-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -99.16% | +2.49% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -74.30% | +3.29% |
Max Drawdown (3Y)Largest decline over 3 years | -79.17% | -86.04% | +6.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -95.52% | — |
Current DrawdownCurrent decline from peak | -33.21% | -99.14% | +65.93% |
Average DrawdownAverage peak-to-trough decline | -65.90% | -93.27% | +27.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.16% | 49.77% | -9.61% |
Volatility
QBTS vs. QTUM-USD - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 39.90% compared to QTUM (QTUM-USD) at 17.06%. 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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Volatility by Period
| QBTS | QTUM-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.90% | 17.06% | +22.84% |
Volatility (6M)Calculated over the trailing 6-month period | 76.91% | 50.05% | +26.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.91% | 66.37% | +41.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 151.22% | 78.42% | +72.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 151.22% | 99.44% | +51.78% |
Frequently Asked Questions
QBTS and QTUM-USD 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.
QBTS has higher volatility (39.90%) compared to QTUM-USD (17.06%). In terms of maximum drawdown, QBTS dropped -96.67% vs QTUM-USD's -99.16%.
QBTS currently has the higher Sharpe Ratio (0.70 vs -0.76), 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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