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QBTS vs. TSM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between QBTS and TSM is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

QBTS vs. TSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DPCM Capital Inc (QBTS) and Taiwan Semiconductor Manufacturing Company Limited (TSM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QBTS:

5.14

TSM:

0.64

Sortino Ratio

QBTS:

4.12

TSM:

1.15

Omega Ratio

QBTS:

1.52

TSM:

1.15

Calmar Ratio

QBTS:

8.28

TSM:

0.80

Martin Ratio

QBTS:

26.41

TSM:

2.14

Ulcer Index

QBTS:

29.34%

TSM:

13.81%

Daily Std Dev

QBTS:

168.45%

TSM:

46.46%

Max Drawdown

QBTS:

-96.67%

TSM:

-88.07%

Current Drawdown

QBTS:

-1.21%

TSM:

-13.20%

Fundamentals

Market Cap

QBTS:

$3.58B

TSM:

$1.01T

EPS

QBTS:

-$0.66

TSM:

$8.22

PS Ratio

QBTS:

167.55

TSM:

0.32

PB Ratio

QBTS:

17.26

TSM:

6.70

Total Revenue (TTM)

QBTS:

$21.36M

TSM:

$3.14T

Gross Profit (TTM)

QBTS:

$17.78M

TSM:

$1.80T

EBITDA (TTM)

QBTS:

-$133.60M

TSM:

$2.20T

Returns By Period

In the year-to-date period, QBTS achieves a 45.83% return, which is significantly higher than TSM's -1.28% return.


QBTS

YTD

45.83%

1M

90.81%

6M

646.95%

1Y

842.31%

5Y*

N/A

10Y*

N/A

TSM

YTD

-1.28%

1M

28.00%

6M

5.15%

1Y

29.82%

5Y*

32.73%

10Y*

26.31%

*Annualized

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Risk-Adjusted Performance

QBTS vs. TSM — 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

TSM
The Risk-Adjusted Performance Rank of TSM is 7373
Overall Rank
The Sharpe Ratio Rank of TSM is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of TSM is 6969
Sortino Ratio Rank
The Omega Ratio Rank of TSM is 6767
Omega Ratio Rank
The Calmar Ratio Rank of TSM is 8080
Calmar Ratio Rank
The Martin Ratio Rank of TSM is 7373
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. TSM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DPCM Capital 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.


The current QBTS Sharpe Ratio is 5.14, which is higher than the TSM Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of QBTS and TSM, 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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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 1.27%.


TTM20242023202220212020201920182017201620152014
QBTS
DPCM Capital 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
1.27%1.18%1.78%2.48%1.56%1.58%3.49%3.55%2.32%2.61%2.54%1.79%

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 -88.07%. Use the drawdown chart below to compare losses from any high point for QBTS and TSM. For additional features, visit the drawdowns tool.


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Volatility

QBTS vs. TSM - Volatility Comparison

DPCM Capital Inc (QBTS) has a higher volatility of 47.68% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 10.43%. 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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Financials

QBTS vs. TSM - Financials Comparison

This section allows you to compare key financial metrics between DPCM Capital 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00B400.00B600.00B800.00BJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
15.00M
839.25B
(QBTS) Total Revenue
(TSM) Total Revenue
Values in USD except per share items

QBTS vs. TSM - Profitability Comparison

The chart below illustrates the profitability comparison between DPCM Capital Inc and Taiwan Semiconductor Manufacturing Company Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

40.0%50.0%60.0%70.0%80.0%90.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
92.5%
58.8%
(QBTS) Gross Margin
(TSM) Gross Margin
QBTS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, DPCM Capital Inc reported a gross profit of 13.88M and revenue of 15.00M. Therefore, the gross margin over that period was 92.5%.

TSM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 493.40B and revenue of 839.25B. Therefore, the gross margin over that period was 58.8%.

QBTS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, DPCM Capital Inc reported an operating income of -11.29M and revenue of 15.00M, resulting in an operating margin of -75.3%.

TSM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 407.08B and revenue of 839.25B, resulting in an operating margin of 48.5%.

QBTS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, DPCM Capital Inc reported a net income of -5.42M and revenue of 15.00M, resulting in a net margin of -36.1%.

TSM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 361.56B and revenue of 839.25B, resulting in a net margin of 43.1%.