QS vs. SQM
QS (QuantumScape Corporation) and SQM (Sociedad Química y Minera de Chile S.A.) are both stocks. QS operates in Auto Parts (Consumer Cyclical), while SQM operates in Chemicals (Basic Materials). Over the past 5 years, QS returned -21.49%/yr vs 18.26%/yr for SQM. At a 0.38 correlation, their price movements are largely independent.
Performance
QS vs. SQM - Performance Comparison
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Returns By Period
In the year-to-date period, QS achieves a -22.84% return, which is significantly lower than SQM's 17.15% return.
QS
- 1D
- 16.52%
- 1M
- 4.82%
- YTD
- -22.84%
- 6M
- -29.66%
- 1Y
- 83.56%
- 3Y*
- 1.80%
- 5Y*
- -21.49%
- 10Y*
- —
SQM
- 1D
- -3.98%
- 1M
- -2.08%
- YTD
- 17.15%
- 6M
- 17.42%
- 1Y
- 143.85%
- 3Y*
- 5.11%
- 5Y*
- 18.26%
- 10Y*
- 17.26%
QS vs. SQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QS QuantumScape Corporation | -22.84% | 100.77% | -25.32% | 22.57% | -74.45% | -73.72% | 757.36% |
SQM Sociedad Química y Minera de Chile S.A. | 17.15% | 89.55% | -39.35% | -18.47% | 71.62% | 6.82% | 53.58% |
Correlation
The correlation between QS and SQM is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2020 | 0.38 |
Fundamentals
QS:
$4.91B
SQM:
$22.71B
QS:
-$0.72
SQM:
$2.86
QS:
4.43
SQM:
3.88
QS:
$0.00
SQM:
$5.31B
QS:
-$49.03M
SQM:
$1.83B
QS:
-$378.92M
SQM:
$1.75B
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Return for Risk
QS vs. SQM — Risk / Return Rank
QS
SQM
QS vs. SQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QuantumScape Corporation (QS) and Sociedad Química y Minera de Chile S.A. (SQM). 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.
| QS | SQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.38 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 6.26 | -5.02 |
| Martin ratioReturn relative to average drawdown | 1.89 | 17.34 | -15.44 |
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Drawdowns
QS vs. SQM - Drawdown Comparison
The maximum QS drawdown since its inception was -97.36%, which is greater than SQM's maximum drawdown of -78.34%. Use the drawdown chart below to compare losses from any high point for QS and SQM.
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Drawdown Indicators
| QS | SQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.36% | -78.34% | -19.02% |
Max Drawdown (1Y)Largest decline over 1 year | -67.68% | -23.11% | -44.57% |
Max Drawdown (3Y)Largest decline over 3 years | -73.93% | -61.32% | -12.61% |
Max Drawdown (5Y)Largest decline over 5 years | -91.45% | -69.76% | -21.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.98% | — |
Current DrawdownCurrent decline from peak | -93.89% | -18.71% | -75.18% |
Average DrawdownAverage peak-to-trough decline | -85.54% | -30.31% | -55.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.30% | 8.33% | +35.97% |
Volatility
QS vs. SQM - Volatility Comparison
QuantumScape Corporation (QS) has a higher volatility of 28.97% compared to Sociedad Química y Minera de Chile S.A. (SQM) at 14.57%. This indicates that QS's price experiences larger fluctuations and is considered to be riskier than SQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QS | SQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.97% | 14.57% | +14.40% |
Volatility (6M)Calculated over the trailing 6-month period | 50.24% | 36.45% | +13.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.27% | 51.44% | +52.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.11% | 49.85% | +36.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 105.96% | 46.14% | +59.82% |
Dividends
QS vs. SQM - Dividend Comparison
QS has not paid dividends to shareholders, while SQM's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QS QuantumScape 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% |
SQM Sociedad Química y Minera de Chile S.A. | 1.45% | 0.18% | 0.59% | 8.34% | 9.66% | 3.92% | 1.64% | 4.55% | 5.37% | 2.73% | 4.77% | 2.00% |
Financials
QS vs. SQM - Financials Comparison
This section allows you to compare key financial metrics between QuantumScape Corporation and Sociedad Química y Minera de Chile S.A.. 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 SQM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QS has higher volatility (28.97%) compared to SQM (14.57%). In terms of maximum drawdown, QS dropped -97.36% vs SQM's -78.34%.
SQM currently has the higher Sharpe Ratio (2.82 vs 0.81), 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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