QUBT vs. ESPO
QUBT (Quantum Computing, Inc.) is a stock, while ESPO (VanEck Vectors Video Gaming and eSports ETF) is Large Cap Growth Equities fund tracking the MVIS Global Video Gaming and eSports Index. Over the past 5 years, QUBT returned 9.88%/yr vs 5.49%/yr for ESPO. At a 0.26 correlation, their price movements are largely independent.
Performance
QUBT vs. ESPO - Performance Comparison
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Returns By Period
In the year-to-date period, QUBT achieves a -3.22% return, which is significantly higher than ESPO's -15.10% return.
QUBT
- 1D
- 0.20%
- 1M
- -9.97%
- YTD
- -3.22%
- 6M
- -17.59%
- 1Y
- -43.29%
- 3Y*
- 77.69%
- 5Y*
- 9.88%
- 10Y*
- —
ESPO
- 1D
- -0.29%
- 1M
- -3.31%
- YTD
- -15.10%
- 6M
- -16.17%
- 1Y
- -14.92%
- 3Y*
- 16.96%
- 5Y*
- 5.49%
- 10Y*
- —
QUBT vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
QUBT Quantum Computing, Inc. | -3.22% | -38.01% | 1,712.51% | -39.53% | -55.72% | -75.83% | 370.33% | 0.00% | -62.55% |
ESPO VanEck Vectors Video Gaming and eSports ETF | -15.10% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 42.36% | -12.49% |
Correlation
The correlation between QUBT and ESPO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.26 |
The correlation between QUBT and ESPO shifts across timeframes, from 0.26 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
QUBT vs. ESPO — Risk / Return Rank
QUBT
ESPO
QUBT vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Quantum Computing, Inc. (QUBT) and VanEck Vectors Video Gaming and eSports ETF (ESPO). 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.
| QUBT | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.88 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.54 | -0.05 |
| Martin ratioReturn relative to average drawdown | -0.89 | -0.94 | +0.05 |
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Drawdowns
QUBT vs. ESPO - Drawdown Comparison
The maximum QUBT drawdown since its inception was -97.53%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for QUBT and ESPO.
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Drawdown Indicators
| QUBT | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.53% | -50.99% | -46.54% |
Max Drawdown (1Y)Largest decline over 1 year | -74.37% | -27.81% | -46.56% |
Max Drawdown (3Y)Largest decline over 3 years | -82.40% | -27.81% | -54.59% |
Max Drawdown (5Y)Largest decline over 5 years | -95.63% | -48.33% | -47.30% |
Current DrawdownCurrent decline from peak | -61.33% | -27.19% | -34.14% |
Average DrawdownAverage peak-to-trough decline | -72.90% | -15.06% | -57.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.67% | 15.95% | +32.72% |
Volatility
QUBT vs. ESPO - Volatility Comparison
Quantum Computing, Inc. (QUBT) has a higher volatility of 33.55% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 4.42%. This indicates that QUBT's price experiences larger fluctuations and is considered to be riskier than ESPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QUBT | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.55% | 4.42% | +29.13% |
Volatility (6M)Calculated over the trailing 6-month period | 67.37% | 14.67% | +52.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.81% | 18.83% | +84.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 133.05% | 25.10% | +107.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 177.48% | 25.71% | +151.77% |
Dividends
QUBT vs. ESPO - Dividend Comparison
QUBT has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 1.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Vectors Video Gaming and eSports ETF | 1.47% | 1.24% | 0.44% | 0.96% | 0.91% | 3.36% | 0.12% | 0.22% | 0.04% |
QUBT Quantum Computing, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QUBT and ESPO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QUBT has higher volatility (33.55%) compared to ESPO (4.42%). In terms of maximum drawdown, QUBT dropped -97.53% vs ESPO's -50.99%.
QUBT currently has the higher Sharpe Ratio (-0.42 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.
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