QTUM-USD vs. QBTS

Last updated Jun 6, 2026

QTUM-USD (QTUM) is a cryptocurrency, while QBTS (D-Wave Quantum Inc) is a stock. Over the past 3 years, QTUM-USD returned -34.52%/yr vs 119.67%/yr for QBTS. At a 0.15 correlation, their price movements are largely independent.

Performance

QTUM-USD vs. QBTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QTUM (QTUM-USD) and D-Wave Quantum Inc (QBTS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QTUM-USD achieves a -47.55% return, which is significantly lower than QBTS's -8.80% return.

QTUM-USD

• 1D: -7.96%
• 1M: -23.88%
• YTD: -47.55%
• 6M: -51.08%
• 1Y: -64.13%
• 3Y*: -34.52%
• 5Y*: -42.45%
• 10Y*: —

QBTS

• 1D: -13.71%
• 1M: 0.08%
• YTD: -8.80%
• 6M: -11.67%
• 1Y: 44.81%
• 3Y*: 119.67%
• 5Y*: —
• 10Y*: —

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

QTUM-USD vs. QBTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QTUM-USD QTUM	-47.55%	-55.51%	-19.33%	103.93%	-56.13%
QBTS D-Wave Quantum Inc	-8.80%	211.31%	854.44%	-38.88%	-85.60%

Correlation

The correlation between QTUM-USD and QBTS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022	0.15

Return for Risk

QTUM-USD vs. QBTS — Risk / Return Rank

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

QTUM-USD

QTUM-USD Risk / Return Rank: 38
QTUM-USD Sharpe Ratio Rank: 35
QTUM-USD Sortino Ratio Rank: 36
QTUM-USD Omega Ratio Rank: 36
QTUM-USD Calmar Ratio Rank: 42
QTUM-USD Martin Ratio Rank: 39

QBTS

QBTS Risk / Return Rank: 58
QBTS Sharpe Ratio Rank: 56
QBTS Sortino Ratio Rank: 65
QBTS Omega Ratio Rank: 59
QBTS Calmar Ratio Rank: 56
QBTS Martin Ratio Rank: 53

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.

QTUM-USD vs. QBTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QTUM (QTUM-USD) and D-Wave Quantum Inc (QBTS). 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.

	QTUM-USD	QBTS	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	0.41	-1.21
Sortino ratio: Return per unit of downside risk	-1.22	1.46	-2.68
Omega ratio: Gain probability vs. loss probability	0.88	1.16	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.83	0.63	-1.46
Martin ratio: Return relative to average drawdown	-1.26	1.11	-2.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTUM-USD vs. QBTS - Sharpe Ratio Comparison

The current QTUM-USD Sharpe Ratio is -0.80, which is lower than the QBTS Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of QTUM-USD and QBTS, 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

	QTUM-USD	QBTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.80	0.41	-1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	0.17	-0.40

Drawdowns

QTUM-USD vs. QBTS - Drawdown Comparison

The maximum QTUM-USD drawdown since its inception was -99.26%, roughly equal to the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for QTUM-USD and QBTS.

Drawdown Indicators

	QTUM-USD	QBTS	Difference
Max Drawdown Largest peak-to-trough decline	-99.26%	-96.67%	-2.59%
Max Drawdown (1Y) Largest decline over 1 year	-77.35%	-71.01%	-6.34%
Max Drawdown (3Y) Largest decline over 3 years	-87.70%	-79.17%	-8.53%
Max Drawdown (5Y) Largest decline over 5 years	-96.05%	—	—
Current Drawdown Current decline from peak	-99.26%	-46.74%	-52.52%
Average Drawdown Average peak-to-trough decline	-93.28%	-65.82%	-27.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.32%	40.41%	+9.91%

Volatility

QTUM-USD vs. QBTS - Volatility Comparison

The current volatility for QTUM (QTUM-USD) is 19.36%, while D-Wave Quantum Inc (QBTS) has a volatility of 42.92%. This indicates that QTUM-USD experiences smaller price fluctuations and is considered to be less risky than QBTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTUM-USD	QBTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.36%	42.92%	-23.56%
Volatility (6M) Calculated over the trailing 6-month period	50.68%	77.67%	-26.99%
Volatility (1Y) Calculated over the trailing 1-year period	66.86%	109.02%	-42.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.44%	151.22%	-72.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	99.44%	151.22%	-51.78%

Frequently Asked Questions

Can I hold both QTUM-USD and QBTS in my portfolio?

QTUM-USD and QBTS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTUM-USD or QBTS?

QBTS has higher volatility (42.92%) compared to QTUM-USD (19.36%). In terms of maximum drawdown, QTUM-USD dropped -99.26% vs QBTS's -96.67%.

Which has better risk-adjusted returns?

QBTS currently has the higher Sharpe Ratio (0.41 vs -0.80), 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.