QMCO vs. HYS

Last updated Jun 26, 2026

QMCO (Quantum Corporation) is a stock, while HYS (PIMCO 0-5 Year High Yield Corporate Bond Index ETF) is High Yield Bonds fund tracking the ICE BofA US High Yield Constrained (0-5 Y). Over the past 10 years, QMCO returned -14.11%/yr vs 5.54%/yr for HYS. At a 0.25 correlation, their price movements are largely independent.

Performance

QMCO vs. HYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantum Corporation (QMCO) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QMCO achieves a 100.47% return, which is significantly higher than HYS's 1.54% return. Over the past 10 years, QMCO has underperformed HYS with an annualized return of -14.11%, while HYS has yielded a comparatively higher 5.54% annualized return.

QMCO

• 1D: -3.65%
• 1M: 48.11%
• YTD: 100.47%
• 6M: 75.44%
• 1Y: 49.65%
• 3Y*: -14.38%
• 5Y*: -38.02%
• 10Y*: -14.11%

HYS

• 1D: 0.03%
• 1M: 0.25%
• YTD: 1.54%
• 6M: 1.56%
• 1Y: 6.27%
• 3Y*: 8.66%
• 5Y*: 5.00%
• 10Y*: 5.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QMCO vs. HYS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QMCO Quantum Corporation	100.47%	-88.04%	672.49%	-67.98%	-80.25%	-9.80%	-17.52%	271.00%	-64.48%	-15.42%
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF	1.54%	8.80%	8.42%	11.38%	-5.42%	4.77%	3.27%	10.22%	-1.05%	5.75%

Correlation

The correlation between QMCO and HYS is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Jun 17, 2011	0.25

The correlation between QMCO and HYS shifts across timeframes, from 0.24 (3 years) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

QMCO vs. HYS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QMCO

QMCO Risk / Return Rank: 62
QMCO Sharpe Ratio Rank: 60
QMCO Sortino Ratio Rank: 67
QMCO Omega Ratio Rank: 64
QMCO Calmar Ratio Rank: 60
QMCO Martin Ratio Rank: 58

HYS

HYS Risk / Return Rank: 71
HYS Sharpe Ratio Rank: 64
HYS Sortino Ratio Rank: 73
HYS Omega Ratio Rank: 67
HYS Calmar Ratio Rank: 75
HYS Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QMCO vs. HYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantum Corporation (QMCO) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS). 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.

	QMCO	HYS	Difference
Sharpe ratio: Return per unit of total volatility	0.48	1.82	-1.34
Sortino ratio: Return per unit of downside risk	1.49	2.83	-1.34
Omega ratio: Gain probability vs. loss probability	1.17	1.34	-0.17
Calmar ratio: Return relative to maximum drawdown	0.74	3.34	-2.61
Martin ratio: Return relative to average drawdown	1.30	13.57	-12.27

QMCO vs. HYS - Sharpe Ratio Comparison

The current QMCO Sharpe Ratio is 0.48, which is lower than the HYS Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of QMCO and HYS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QMCO vs. HYS - Drawdown Comparison

The maximum QMCO drawdown since its inception was -99.93%, which is greater than HYS's maximum drawdown of -20.91%. Use the drawdown chart below to compare losses from any high point for QMCO and HYS.

Drawdown Indicators

	QMCO	HYS	Difference
Max Drawdown Largest peak-to-trough decline	-99.93%	-20.91%	-79.02%
Max Drawdown (1Y) Largest decline over 1 year	-67.72%	-1.88%	-65.84%
Max Drawdown (3Y) Largest decline over 3 years	-93.90%	-4.98%	-88.92%
Max Drawdown (5Y) Largest decline over 5 years	-98.26%	-10.61%	-87.65%
Max Drawdown (10Y) Largest decline over 10 years	-98.67%	-20.91%	-77.76%
Current Drawdown Current decline from peak	-99.62%	-0.16%	-99.46%
Average Drawdown Average peak-to-trough decline	-88.09%	-1.53%	-86.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.41%	0.46%	+37.95%

Volatility

QMCO vs. HYS - Volatility Comparison

Quantum Corporation (QMCO) has a higher volatility of 41.67% compared to PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) at 0.71%. This indicates that QMCO's price experiences larger fluctuations and is considered to be riskier than HYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMCO	HYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.67%	0.71%	+40.96%
Volatility (6M) Calculated over the trailing 6-month period	72.95%	2.75%	+70.20%
Volatility (1Y) Calculated over the trailing 1-year period	103.97%	3.47%	+100.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.55%	6.27%	+153.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.01%	6.83%	+118.18%

Dividends

QMCO vs. HYS - Dividend Comparison

QMCO has not paid dividends to shareholders, while HYS's dividend yield for the trailing twelve months is around 7.34%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF	7.34%	7.20%	7.43%	6.44%	5.01%	3.74%	4.52%	4.98%	4.64%	5.01%	5.13%	5.22%
QMCO Quantum Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QMCO and HYS in my portfolio?

QMCO and HYS have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QMCO or HYS?

QMCO has higher volatility (41.67%) compared to HYS (0.71%). In terms of maximum drawdown, QMCO dropped -99.93% vs HYS's -20.91%.

Which has better risk-adjusted returns?

HYS currently has the higher Sharpe Ratio (1.82 vs 0.48), 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.