QNTM vs. PSI

Last updated Jul 16, 2026

QNTM (Quantum BioPharma Ltd) is a stock, while PSI (Invesco Semiconductors ETF) is Semiconductors fund tracking the Dynamic Semiconductors Intellidex Index. Over the past 5 years, QNTM returned -49.23%/yr vs 31.68%/yr for PSI. At a 0.17 correlation, their price movements are largely independent.

Performance

QNTM vs. PSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantum BioPharma Ltd (QNTM) and Invesco Semiconductors ETF (PSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QNTM achieves a -53.42% return, which is significantly lower than PSI's 94.91% return.

QNTM

• 1D: -2.58%
• 1M: -8.11%
• 6M: -51.50%
• YTD: -53.42%
• 1Y: -82.39%
• 3Y*: -64.51%
• 5Y*: -49.23%
• 10Y*: —

PSI

• 1D: -2.67%
• 1M: -12.47%
• 6M: 71.65%
• YTD: 94.91%
• 1Y: 149.99%
• 3Y*: 49.44%
• 5Y*: 31.68%
• 10Y*: 32.87%

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

QNTM vs. PSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QNTM Quantum BioPharma Ltd	-53.42%	98.37%	-93.84%	16.67%	-22.71%	-34.62%	-71.27%	-87.38%	145.98%
PSI Invesco Semiconductors ETF	94.91%	36.32%	17.17%	49.06%	-34.43%	46.55%	56.75%	52.49%	-21.29%

Correlation

The correlation between QNTM and PSI is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jun 8, 2018	0.17

Return for Risk

QNTM vs. PSI — Risk / Return Rank

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

QNTM

QNTM Risk / Return Rank: 16
QNTM Sharpe Ratio Rank: 20
QNTM Sortino Ratio Rank: 16
QNTM Omega Ratio Rank: 18
QNTM Calmar Ratio Rank: 8
QNTM Martin Ratio Rank: 18

PSI

PSI Risk / Return Rank: 93
PSI Sharpe Ratio Rank: 96
PSI Sortino Ratio Rank: 89
PSI Omega Ratio Rank: 89
PSI Calmar Ratio Rank: 96
PSI Martin Ratio Rank: 96

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.

QNTM vs. PSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantum BioPharma Ltd (QNTM) and Invesco Semiconductors ETF (PSI). 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.

	QNTM	PSI	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	3.26	-3.82
Sortino ratio: Return per unit of downside risk	-0.85	3.28	-4.14
Omega ratio: Gain probability vs. loss probability	0.91	1.45	-0.54
Calmar ratio: Return relative to maximum drawdown	-0.89	7.18	-8.07
Martin ratio: Return relative to average drawdown	-1.16	26.88	-28.04

QNTM vs. PSI - Sharpe Ratio Comparison

The current QNTM Sharpe Ratio is -0.56, which is lower than the PSI Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of QNTM and PSI, 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

QNTM vs. PSI - Drawdown Comparison

The maximum QNTM drawdown since its inception was -99.98%, which is greater than PSI's maximum drawdown of -62.96%. Use the drawdown chart below to compare losses from any high point for QNTM and PSI.

Drawdown Indicators

	QNTM	PSI	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-62.96%	-37.02%
Max Drawdown (1Y) Largest decline over 1 year	-92.81%	-21.02%	-71.79%
Max Drawdown (3Y) Largest decline over 3 years	-97.98%	-41.07%	-56.91%
Max Drawdown (5Y) Largest decline over 5 years	-98.42%	-44.85%	-53.57%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.85%	—
Current Drawdown Current decline from peak	-99.96%	-18.17%	-81.79%
Average Drawdown Average peak-to-trough decline	-92.29%	-15.89%	-76.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.04%	5.60%	+65.44%

Volatility

QNTM vs. PSI - Volatility Comparison

The current volatility for Quantum BioPharma Ltd (QNTM) is 18.82%, while Invesco Semiconductors ETF (PSI) has a volatility of 24.19%. This indicates that QNTM experiences smaller price fluctuations and is considered to be less risky than PSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QNTM	PSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.82%	24.19%	-5.37%
Volatility (6M) Calculated over the trailing 6-month period	107.67%	39.92%	+67.75%
Volatility (1Y) Calculated over the trailing 1-year period	147.66%	46.33%	+101.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	134.28%	39.77%	+94.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.91%	36.07%	+103.84%

Dividends

QNTM vs. PSI - Dividend Comparison

QNTM has not paid dividends to shareholders, while PSI's dividend yield for the trailing twelve months is around 0.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSI Invesco Semiconductors ETF	0.03%	0.10%	0.15%	0.40%	0.61%	0.14%	0.21%	0.52%	0.83%	0.21%	0.68%	0.16%
QNTM Quantum BioPharma Ltd	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 QNTM and PSI in my portfolio?

QNTM and PSI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QNTM or PSI?

PSI has higher volatility (24.19%) compared to QNTM (18.82%). In terms of maximum drawdown, QNTM dropped -99.98% vs PSI's -62.96%.

Which has better risk-adjusted returns?

PSI currently has the higher Sharpe Ratio (3.26 vs -0.56), 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.