QBTS vs. RGTI
QBTS (D-Wave Quantum Inc) and RGTI (Rigetti Computing Inc) are both stocks. Both operate in the Computer Hardware industry within the Technology sector. Over the past 3 years, QBTS returned 88.49%/yr vs 66.31%/yr for RGTI. Their 0.62 correlation means they have sometimes moved together and sometimes differently.
Performance
QBTS vs. RGTI - Performance Comparison
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Returns By Period
In the year-to-date period, QBTS achieves a -30.86% return, which is significantly higher than RGTI's -32.51% return.
QBTS
- 1D
- 0.56%
- 1M
- -19.75%
- 6M
- -14.80%
- YTD
- -30.86%
- 1Y
- 10.38%
- 3Y*
- 88.49%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.23%
RGTI
- 1D
- 0.61%
- 1M
- -16.67%
- 6M
- -17.72%
- YTD
- -32.51%
- 1Y
- 5.88%
- 3Y*
- 66.31%
- 5Y*
- 9.01%
- 10Y*
- —
- ALL TIME*
- 8.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $359.00M | $350.88M | $734.73M | |
| $311.68M | $335.58M | $814.28M |
QBTS vs. RGTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | -30.86% | 211.31% | 854.44% | -38.88% | -83.96% |
RGTI Rigetti Computing Inc | -32.51% | 45.15% | 1,449.40% | 35.07% | -83.61% |
Correlation
The correlation between QBTS and RGTI is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | 0.62 |
Over the past year, QBTS and RGTI have become more correlated (0.91) than their long-term average of 0.62, meaning their price movements have been converging.
Fundamentals
QBTS:
$6.64B
RGTI:
$4.97B
QBTS:
-$1.04
RGTI:
-$0.70
QBTS:
514.63
RGTI:
482.72
QBTS:
5.91
RGTI:
8.59
QBTS:
$12.44M
RGTI:
$10.02M
QBTS:
$8.25M
RGTI:
$3.00M
QBTS:
-$399.03M
RGTI:
-$263.06M
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Return for Risk
QBTS vs. RGTI — Risk / Return Rank
QBTS
RGTI
QBTS vs. RGTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum Inc (QBTS) and Rigetti Computing Inc (RGTI). 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 | RGTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.10 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 0.04 | +0.03 |
| Martin ratioReturn relative to average drawdown | 0.12 | 0.06 | +0.06 |
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Drawdowns
QBTS vs. RGTI - Drawdown Comparison
The maximum QBTS drawdown since its inception was -96.67%, roughly equal to the maximum RGTI drawdown of -96.89%. Use the drawdown chart below to compare losses from any high point for QBTS and RGTI.
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Drawdown Indicators
| QBTS | RGTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -96.89% | +0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -77.10% | +6.09% |
Max Drawdown (3Y)Largest decline over 3 years | -71.01% | -77.10% | +6.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -96.89% | — |
Current DrawdownCurrent decline from peak | -59.62% | -73.46% | +13.84% |
Average DrawdownAverage peak-to-trough decline | -65.27% | -59.10% | -6.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.79% | 55.89% | -11.10% |
Volatility
QBTS vs. RGTI - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 30.87% compared to Rigetti Computing Inc (RGTI) at 27.13%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than RGTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QBTS | RGTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.87% | 27.13% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 77.01% | 72.27% | +4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 110.95% | 106.53% | +4.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 149.71% | 129.86% | +19.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 149.71% | 126.39% | +23.32% |
Dividends
QBTS vs. RGTI - Dividend Comparison
Neither QBTS nor RGTI has paid dividends to shareholders.
Financials
QBTS vs. RGTI - Financials Comparison
This section allows you to compare key financial metrics between D-Wave Quantum Inc and Rigetti Computing 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
With a correlation of 0.91, QBTS and RGTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
QBTS has higher volatility (30.87%) compared to RGTI (27.13%). In terms of maximum drawdown, QBTS dropped -96.67% vs RGTI's -96.89%.
QBTS currently has the higher Sharpe Ratio (0.05 vs 0.03), 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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