QBTS vs. TSM
Compare and contrast key facts about D-Wave Quantum Inc (QBTS) and Taiwan Semiconductor Manufacturing Company Limited (TSM).
Performance
QBTS vs. TSM - Performance Comparison
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QBTS vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | -44.82% | 211.31% | 854.44% | -38.88% | -85.60% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 11.52% | 55.91% | 92.58% | 42.33% | -14.33% |
Fundamentals
QBTS:
$5.09B
TSM:
$1.75T
QBTS:
-$1.08
TSM:
$332.18
QBTS:
193.58
TSM:
0.46
QBTS:
5.98
TSM:
0.32
QBTS:
$24.59M
TSM:
$3.82T
QBTS:
$20.31M
TSM:
$2.29T
QBTS:
-$345.51M
TSM:
$2.90T
Returns By Period
In the year-to-date period, QBTS achieves a -44.82% return, which is significantly lower than TSM's 11.52% return.
QBTS
- 1D
- 11.17%
- 1M
- -23.16%
- YTD
- -44.82%
- 6M
- -41.60%
- 1Y
- 89.87%
- 3Y*
- 179.05%
- 5Y*
- —
- 10Y*
- —
TSM
- 1D
- 6.78%
- 1M
- -9.52%
- YTD
- 11.52%
- 6M
- 21.66%
- 1Y
- 106.05%
- 3Y*
- 56.00%
- 5Y*
- 24.08%
- 10Y*
- 32.45%
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Return for Risk
QBTS vs. TSM — Risk / Return Rank
QBTS
TSM
QBTS vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D-Wave Quantum Inc (QBTS) and Taiwan Semiconductor Manufacturing Company Limited (TSM). 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 | TSM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 2.76 | -1.99 |
Sortino ratioReturn per unit of downside risk | 2.04 | 3.33 | -1.28 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.42 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 5.90 | -4.62 |
Martin ratioReturn relative to average drawdown | 2.69 | 20.02 | -17.33 |
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 | TSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 2.76 | -1.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.66 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.96 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.35 | -0.28 |
Correlation
The correlation between QBTS and TSM is 0.25, 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.
Dividends
QBTS vs. TSM - Dividend Comparison
QBTS has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 0.98%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.98% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Drawdowns
QBTS vs. TSM - Drawdown Comparison
The maximum QBTS drawdown since its inception was -96.67%, which is greater than TSM's maximum drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for QBTS and TSM.
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Drawdown Indicators
| QBTS | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.67% | -89.08% | -7.59% |
Max Drawdown (1Y)Largest decline over 1 year | -71.01% | -18.14% | -52.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.47% | — |
Current DrawdownCurrent decline from peak | -67.78% | -12.59% | -55.19% |
Average DrawdownAverage peak-to-trough decline | -66.49% | -43.13% | -23.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.60% | 5.34% | +28.26% |
Volatility
QBTS vs. TSM - Volatility Comparison
D-Wave Quantum Inc (QBTS) has a higher volatility of 20.29% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 14.44%. This indicates that QBTS's price experiences larger fluctuations and is considered to be riskier than TSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QBTS | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.29% | 14.44% | +5.85% |
Volatility (6M)Calculated over the trailing 6-month period | 77.91% | 27.19% | +50.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 117.60% | 38.60% | +79.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 152.02% | 36.99% | +115.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 152.02% | 33.85% | +118.17% |
Financials
QBTS vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between D-Wave Quantum Inc and Taiwan Semiconductor Manufacturing Company Limited. 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