QS vs. ARRY
QS (QuantumScape Corporation) and ARRY (Array Technologies, Inc.) are both stocks. QS operates in Auto Parts (Consumer Cyclical), while ARRY operates in Solar (Technology). Over the past 5 years, QS returned -24.41%/yr vs -12.91%/yr for ARRY. At a 0.41 correlation, their price movements are largely independent.
Performance
QS vs. ARRY - Performance Comparison
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Returns By Period
In the year-to-date period, QS achieves a -26.49% return, which is significantly lower than ARRY's -14.97% return.
QS
- 1D
- -0.13%
- 1M
- 1.59%
- YTD
- -26.49%
- 6M
- -39.21%
- 1Y
- 85.47%
- 3Y*
- 6.73%
- 5Y*
- -24.41%
- 10Y*
- —
ARRY
- 1D
- -3.09%
- 1M
- -8.52%
- YTD
- -14.97%
- 6M
- -2.12%
- 1Y
- 4.53%
- 3Y*
- -29.57%
- 5Y*
- -12.91%
- 10Y*
- —
QS vs. ARRY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QS QuantumScape Corporation | -26.49% | 100.77% | -25.32% | 22.57% | -74.45% | -73.72% | 482.41% |
ARRY Array Technologies, Inc. | -14.97% | 52.65% | -64.05% | -13.09% | 23.20% | -63.63% | 46.24% |
Correlation
The correlation between QS and ARRY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2020 | 0.41 |
The correlation between QS and ARRY shifts across timeframes, from 0.27 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
QS:
$4.68B
ARRY:
$1.20B
QS:
-$0.72
ARRY:
-$0.44
QS:
$0.00
ARRY:
$1.21B
QS:
-$49.03M
ARRY:
$269.92M
QS:
-$378.92M
ARRY:
$5.35M
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Return for Risk
QS vs. ARRY — Risk / Return Rank
QS
ARRY
QS vs. ARRY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QuantumScape Corporation (QS) and Array Technologies, Inc. (ARRY). 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.
| QS | ARRY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.09 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.10 | +1.17 |
| Martin ratioReturn relative to average drawdown | 2.00 | 0.20 | +1.80 |
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
| QS | ARRY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.05 | +0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.29 | -0.16 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | -0.29 | +0.25 |
Drawdowns
QS vs. ARRY - Drawdown Comparison
The maximum QS drawdown since its inception was -97.36%, which is greater than ARRY's maximum drawdown of -92.20%. Use the drawdown chart below to compare losses from any high point for QS and ARRY.
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Drawdown Indicators
| QS | ARRY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.36% | -92.20% | -5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -67.68% | -44.31% | -23.37% |
Max Drawdown (3Y)Largest decline over 3 years | -73.93% | -84.88% | +10.95% |
Max Drawdown (5Y)Largest decline over 5 years | -91.45% | -85.31% | -6.14% |
Current DrawdownCurrent decline from peak | -94.18% | -84.64% | -9.54% |
Average DrawdownAverage peak-to-trough decline | -85.55% | -68.91% | -16.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.96% | 22.73% | +20.23% |
Volatility
QS vs. ARRY - Volatility Comparison
QuantumScape Corporation (QS) has a higher volatility of 26.40% compared to Array Technologies, Inc. (ARRY) at 22.69%. This indicates that QS's price experiences larger fluctuations and is considered to be riskier than ARRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QS | ARRY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.40% | 22.69% | +3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 48.57% | 62.61% | -14.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.45% | 84.15% | +19.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.88% | 81.45% | +4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 106.01% | 82.11% | +23.90% |
Dividends
QS vs. ARRY - Dividend Comparison
Neither QS nor ARRY has paid dividends to shareholders.
Financials
QS vs. ARRY - Financials Comparison
This section allows you to compare key financial metrics between QuantumScape Corporation and Array Technologies, 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
QS and ARRY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QS has higher volatility (26.40%) compared to ARRY (22.69%). In terms of maximum drawdown, QS dropped -97.36% vs ARRY's -92.20%.
QS currently has the higher Sharpe Ratio (0.83 vs 0.05), 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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