QTEX vs. CLF
QTEX (QTREX Quantum Ltd.) and CLF (Cleveland-Cliffs Inc.) are both stocks. QTEX operates in Computer Hardware (Technology), while CLF operates in Steel (Basic Materials). Over the past 5 years, QTEX returned -22.43%/yr vs -13.72%/yr for CLF. At a 0.14 correlation, their price movements are largely independent.
Performance
QTEX vs. CLF - Performance Comparison
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Returns By Period
In the year-to-date period, QTEX achieves a 48.89% return, which is significantly higher than CLF's -28.24% return.
QTEX
- 1D
- -5.63%
- 1M
- -35.58%
- 6M
- 50.56%
- YTD
- 48.89%
- 1Y
- -2.19%
- 3Y*
- -2.30%
- 5Y*
- -22.43%
- 10Y*
- —
CLF
- 1D
- -3.25%
- 1M
- -28.18%
- 6M
- -33.36%
- YTD
- -28.24%
- 1Y
- 4.27%
- 3Y*
- -17.25%
- 5Y*
- -13.72%
- 10Y*
- 3.05%
QTEX vs. CLF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QTEX QTREX Quantum Ltd. | 48.89% | -11.76% | -3.77% | -17.83% | -68.99% | -16.80% |
CLF Cleveland-Cliffs Inc. | -28.24% | 41.28% | -53.97% | 26.75% | -26.00% | -4.43% |
Correlation
The correlation between QTEX and CLF is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2021 | 0.14 |
Fundamentals
QTEX:
$58.40M
CLF:
$5.44B
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Return for Risk
QTEX vs. CLF — Risk / Return Rank
QTEX
CLF
QTEX vs. CLF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QTREX Quantum Ltd. (QTEX) and Cleveland-Cliffs Inc. (CLF). 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.
| QTEX | CLF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.07 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.08 | -0.11 |
| Martin ratioReturn relative to average drawdown | -0.05 | 0.16 | -0.21 |
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Drawdowns
QTEX vs. CLF - Drawdown Comparison
The maximum QTEX drawdown since its inception was -96.84%, roughly equal to the maximum CLF drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for QTEX and CLF.
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Drawdown Indicators
| QTEX | CLF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.84% | -98.78% | +1.94% |
Max Drawdown (1Y)Largest decline over 1 year | -79.39% | -51.67% | -27.72% |
Max Drawdown (3Y)Largest decline over 3 years | -86.94% | -74.46% | -12.48% |
Max Drawdown (5Y)Largest decline over 5 years | -96.84% | -82.37% | -14.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.37% | — |
Current DrawdownCurrent decline from peak | -86.03% | -90.28% | +4.25% |
Average DrawdownAverage peak-to-trough decline | -81.92% | -47.72% | -34.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.29% | 27.20% | +17.09% |
Volatility
QTEX vs. CLF - Volatility Comparison
QTREX Quantum Ltd. (QTEX) has a higher volatility of 27.97% compared to Cleveland-Cliffs Inc. (CLF) at 14.77%. This indicates that QTEX's price experiences larger fluctuations and is considered to be riskier than CLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QTEX | CLF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.97% | 14.77% | +13.20% |
Volatility (6M)Calculated over the trailing 6-month period | 159.15% | 47.66% | +111.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 219.79% | 67.46% | +152.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 196.74% | 59.08% | +137.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 196.60% | 61.92% | +134.68% |
Dividends
QTEX vs. CLF - Dividend Comparison
Neither QTEX nor CLF has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CLF Cleveland-Cliffs Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.82% | 3.10% |
QTEX QTREX Quantum Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
QTEX vs. CLF - Financials Comparison
This section allows you to compare key financial metrics between QTREX Quantum Ltd. and Cleveland-Cliffs 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
QTEX and CLF have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QTEX has higher volatility (27.97%) compared to CLF (14.77%). In terms of maximum drawdown, QTEX dropped -96.84% vs CLF's -98.78%.
CLF currently has the higher Sharpe Ratio (0.06 vs -0.01), 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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