QTEX vs. NIO

Last updated Jun 4, 2026

QTEX (QTREX Quantum Ltd.) and NIO (NIO Inc.) are both stocks. QTEX operates in Computer Hardware (Technology), while NIO operates in Auto Manufacturers (Consumer Cyclical). Over the past 3 years, QTEX returned 14.93%/yr vs -8.72%/yr for NIO. At a 0.22 correlation, their price movements are largely independent.

Performance

QTEX vs. NIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QTREX Quantum Ltd. (QTEX) and NIO Inc. (NIO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QTEX achieves a 134.44% return, which is significantly higher than NIO's 12.75% return.

QTEX

• 1D: -9.05%
• 1M: 341.88%
• YTD: 134.44%
• 6M: 97.20%
• 1Y: 260.07%
• 3Y*: 14.93%
• 5Y*: —
• 10Y*: —

NIO

• 1D: -4.33%
• 1M: -5.27%
• YTD: 12.75%
• 6M: 20.04%
• 1Y: 62.89%
• 3Y*: -8.72%
• 5Y*: -32.79%
• 10Y*: —

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

QTEX vs. NIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QTEX QTREX Quantum Ltd.	134.44%	-11.76%	-3.77%	-17.83%	-68.99%	-12.42%
NIO NIO Inc.	12.75%	16.97%	-51.93%	-6.97%	-69.22%	-26.41%

Correlation

The correlation between QTEX and NIO 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	0.15
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.22

The correlation between QTEX and NIO shifts across timeframes, from 0.11 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QTEX vs. NIO — Risk / Return Rank

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

QTEX

QTEX Risk / Return Rank: 86
QTEX Sharpe Ratio Rank: 77
QTEX Sortino Ratio Rank: 96
QTEX Omega Ratio Rank: 93
QTEX Calmar Ratio Rank: 84
QTEX Martin Ratio Rank: 79

NIO

NIO Risk / Return Rank: 67
NIO Sharpe Ratio Rank: 71
NIO Sortino Ratio Rank: 70
NIO Omega Ratio Rank: 65
NIO Calmar Ratio Rank: 67
NIO Martin Ratio Rank: 63

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.

QTEX vs. NIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QTREX Quantum Ltd. (QTEX) and NIO Inc. (NIO). 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.

	QTEX	NIO	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.00	+0.24
Sortino ratio: Return per unit of downside risk	4.29	1.77	+2.52
Omega ratio: Gain probability vs. loss probability	1.51	1.20	+0.31
Calmar ratio: Return relative to maximum drawdown	3.26	1.45	+1.81
Martin ratio: Return relative to average drawdown	6.05	2.60	+3.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTEX vs. NIO - Sharpe Ratio Comparison

The current QTEX Sharpe Ratio is 1.24, which is comparable to the NIO Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of QTEX and NIO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QTEX	NIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	1.00	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	-0.02	-0.06

Drawdowns

QTEX vs. NIO - Drawdown Comparison

The maximum QTEX drawdown since its inception was -96.84%, roughly equal to the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for QTEX and NIO.

Drawdown Indicators

	QTEX	NIO	Difference
Max Drawdown Largest peak-to-trough decline	-96.84%	-95.00%	-1.84%
Max Drawdown (1Y) Largest decline over 1 year	-80.33%	-43.73%	-36.60%
Max Drawdown (3Y) Largest decline over 3 years	-86.94%	-79.69%	-7.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-94.10%	—
Current Drawdown Current decline from peak	-78.00%	-90.85%	+12.85%
Average Drawdown Average peak-to-trough decline	-81.95%	-67.85%	-14.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.20%	24.25%	+18.95%

Volatility

QTEX vs. NIO - Volatility Comparison

QTREX Quantum Ltd. (QTEX) has a higher volatility of 130.07% compared to NIO Inc. (NIO) at 18.85%. This indicates that QTEX's price experiences larger fluctuations and is considered to be riskier than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTEX	NIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	130.07%	18.85%	+111.22%
Volatility (6M) Calculated over the trailing 6-month period	142.87%	41.10%	+101.77%
Volatility (1Y) Calculated over the trailing 1-year period	211.49%	62.97%	+148.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	195.26%	71.68%	+123.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	195.26%	86.72%	+108.54%

Dividends

QTEX vs. NIO - Dividend Comparison

Neither QTEX nor NIO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both QTEX and NIO in my portfolio?

QTEX and NIO 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, QTEX or NIO?

QTEX has higher volatility (130.07%) compared to NIO (18.85%). In terms of maximum drawdown, QTEX dropped -96.84% vs NIO's -95.00%.

Which has better risk-adjusted returns?

QTEX currently has the higher Sharpe Ratio (1.24 vs 1.00), 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.