QTUM-USD vs. QBTS

Last updated Jul 17, 2026

QTUM-USD (Qtum) is a cryptocurrency, while QBTS (D-Wave Quantum Inc) is a stock. Over the past 3 years, QTUM-USD returned -37.55%/yr vs 87.42%/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 -49.67% return, which is significantly lower than QBTS's -35.30% return.

QTUM-USD

• 1D: -2.34%
• 1M: -9.83%
• 6M: -53.04%
• YTD: -49.67%
• 1Y: -71.29%
• 3Y*: -37.55%
• 5Y*: -34.50%
• 10Y*: —

QBTS

• 1D: -7.39%
• 1M: -29.32%
• 6M: -41.09%
• YTD: -35.30%
• 1Y: 0.06%
• 3Y*: 87.42%
• 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	-49.67%	-55.51%	-19.33%	103.93%	-55.34%
QBTS D-Wave Quantum Inc	-35.30%	211.31%	854.44%	-38.88%	-83.96%

Correlation

The correlation between QTUM-USD and QBTS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (All Time) Calculated using the full available price history since Aug 8, 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: 35
QTUM-USD Sharpe Ratio Rank: 33
QTUM-USD Sortino Ratio Rank: 34
QTUM-USD Omega Ratio Rank: 36
QTUM-USD Calmar Ratio Rank: 35
QTUM-USD Martin Ratio Rank: 36

QBTS

QBTS Risk / Return Rank: 48
QBTS Sharpe Ratio Rank: 45
QBTS Sortino Ratio Rank: 55
QBTS Omega Ratio Rank: 51
QBTS Calmar Ratio Rank: 44
QBTS Martin Ratio Rank: 44

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.

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.

	QTUM-USD	QBTS	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	0.00	-0.90
Sortino ratio: Return per unit of downside risk	-1.61	0.88	-2.49
Omega ratio: Gain probability vs. loss probability	0.84	1.09	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.91	0.00	-0.91
Martin ratio: Return relative to average drawdown	-1.25	0.00	-1.25

QTUM-USD vs. QBTS - Sharpe Ratio Comparison

The current QTUM-USD Sharpe Ratio is -0.90, which is lower than the QBTS Sharpe Ratio of 0.00. 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.

Drawdowns

QTUM-USD vs. QBTS - Drawdown Comparison

The maximum QTUM-USD drawdown since its inception was -99.30%, 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	-99.30%	-96.67%	-2.63%
Max Drawdown (1Y) Largest decline over 1 year	-78.50%	-71.01%	-7.49%
Max Drawdown (3Y) Largest decline over 3 years	-88.32%	-79.17%	-9.15%
Max Drawdown (5Y) Largest decline over 5 years	-96.26%	—	—
Current Drawdown Current decline from peak	-99.29%	-62.22%	-37.07%
Average Drawdown Average peak-to-trough decline	-93.33%	-65.32%	-28.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.83%	43.29%	+5.54%

Volatility

QTUM-USD vs. QBTS - Volatility Comparison

The current volatility for Qtum (QTUM-USD) is 11.82%, while D-Wave Quantum Inc (QBTS) has a volatility of 21.53%. 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	11.82%	21.53%	-9.71%
Volatility (6M) Calculated over the trailing 6-month period	47.19%	74.17%	-26.98%
Volatility (1Y) Calculated over the trailing 1-year period	65.96%	109.87%	-43.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.51%	149.89%	-73.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	98.90%	149.89%	-50.99%

Frequently Asked Questions

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

QTUM-USD and QBTS have a correlation of 0.24, 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 (21.53%) compared to QTUM-USD (11.82%). In terms of maximum drawdown, QTUM-USD dropped -99.30% vs QBTS's -96.67%.

Which has better risk-adjusted returns?

QBTS currently has the higher Sharpe Ratio (0.00 vs -0.90), 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.