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 149.95%/yr vs -32.30%/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 5.70% return, which is significantly higher than QTUM-USD's -42.81% return.
QBTS
- 1D
- 0.33%
- 1M
- 28.32%
- YTD
- 5.70%
- 6M
- -3.79%
- 1Y
- 55.11%
- 3Y*
- 149.95%
- 5Y*
- —
- 10Y*
- —
QTUM-USD
- 1D
- -5.62%
- 1M
- -14.54%
- YTD
- -42.81%
- 6M
- -48.79%
- 1Y
- -62.69%
- 3Y*
- -32.30%
- 5Y*
- -41.18%
- 10Y*
- —
QBTS vs. QTUM-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | 5.70% | 211.31% | 854.44% | -38.88% | -85.60% |
QTUM-USD QTUM | -42.81% | -55.51% | -19.33% | 103.93% | -56.13% |
Correlation
The correlation between QBTS and QTUM-USD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
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 | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.89 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | -0.83 | +1.61 |
| Martin ratioReturn relative to average drawdown | 1.37 | -1.24 | +2.61 |
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 | 0.51 | -0.78 | +1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | -0.23 | +0.43 |
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 -99.19%. 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% | -99.19% | +2.52% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -75.30% | +4.29% |
Max Drawdown (3Y)Largest decline over 3 years | -79.17% | -86.58% | +7.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -95.70% | — |
Current DrawdownCurrent decline from peak | -38.28% | -99.19% | +60.91% |
Average DrawdownAverage peak-to-trough decline | -65.84% | -93.28% | +27.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.31% | 50.12% | -9.81% |
Volatility
QBTS vs. QTUM-USD - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 41.11% compared to QTUM (QTUM-USD) at 18.03%. 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 | 41.11% | 18.03% | +23.08% |
Volatility (6M)Calculated over the trailing 6-month period | 77.00% | 50.15% | +26.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.10% | 66.53% | +41.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 151.12% | 78.39% | +72.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 151.12% | 99.43% | +51.69% |
Frequently Asked Questions
QBTS and QTUM-USD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QBTS has higher volatility (41.11%) compared to QTUM-USD (18.03%). In terms of maximum drawdown, QBTS dropped -96.67% vs QTUM-USD's -99.19%.
QBTS currently has the higher Sharpe Ratio (0.51 vs -0.78), 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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