QUBT vs. IVV
Compare and contrast key facts about Quantum Computing, Inc. (QUBT) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QUBT or IVV.
Key characteristics
QUBT | IVV | |
---|---|---|
YTD Return | 381.87% | 26.09% |
1Y Return | 458.73% | 33.86% |
3Y Return (Ann) | -11.63% | 9.97% |
5Y Return (Ann) | 8.05% | 15.60% |
Sharpe Ratio | 3.20 | 2.82 |
Sortino Ratio | 4.79 | 3.77 |
Omega Ratio | 1.55 | 1.53 |
Calmar Ratio | 4.81 | 4.06 |
Martin Ratio | 13.68 | 18.37 |
Ulcer Index | 34.27% | 1.86% |
Daily Std Dev | 146.61% | 12.09% |
Max Drawdown | -97.53% | -55.25% |
Current Drawdown | -74.12% | -0.89% |
Correlation
The correlation between QUBT and IVV is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
QUBT vs. IVV - Performance Comparison
In the year-to-date period, QUBT achieves a 381.87% return, which is significantly higher than IVV's 26.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
QUBT vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Quantum Computing, Inc. (QUBT) and iShares Core S&P 500 ETF (IVV). 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.
Dividends
QUBT vs. IVV - Dividend Comparison
QUBT has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.25%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Quantum Computing, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
iShares Core S&P 500 ETF | 1.25% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
QUBT vs. IVV - Drawdown Comparison
The maximum QUBT drawdown since its inception was -97.53%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for QUBT and IVV. For additional features, visit the drawdowns tool.
Volatility
QUBT vs. IVV - Volatility Comparison
Quantum Computing, Inc. (QUBT) has a higher volatility of 87.53% compared to iShares Core S&P 500 ETF (IVV) at 3.84%. This indicates that QUBT's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.