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QUBT vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.2

Performance

QUBT vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantum Computing, Inc. (QUBT) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
22.31%
138.93%
QUBT
IVV

Key characteristics

Sharpe Ratio

QUBT:

4.10

IVV:

2.63

Sortino Ratio

QUBT:

4.62

IVV:

3.52

Omega Ratio

QUBT:

1.59

IVV:

1.49

Calmar Ratio

QUBT:

6.99

IVV:

3.81

Martin Ratio

QUBT:

19.70

IVV:

17.13

Ulcer Index

QUBT:

34.59%

IVV:

1.87%

Daily Std Dev

QUBT:

166.31%

IVV:

12.18%

Max Drawdown

QUBT:

-97.53%

IVV:

-55.25%

Current Drawdown

QUBT:

-62.59%

IVV:

-0.57%

Returns By Period

In the year-to-date period, QUBT achieves a 596.53% return, which is significantly higher than IVV's 28.45% return.


QUBT

YTD

596.53%

1M

360.87%

6M

856.39%

1Y

688.10%

5Y (annualized)

16.34%

10Y (annualized)

N/A

IVV

YTD

28.45%

1M

1.27%

6M

12.15%

1Y

30.27%

5Y (annualized)

15.63%

10Y (annualized)

13.80%

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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.


Sharpe ratio
The chart of Sharpe ratio for QUBT, currently valued at 4.10, compared to the broader market-4.00-2.000.002.004.004.102.63
The chart of Sortino ratio for QUBT, currently valued at 4.62, compared to the broader market-4.00-2.000.002.004.004.623.52
The chart of Omega ratio for QUBT, currently valued at 1.59, compared to the broader market0.501.001.502.001.591.49
The chart of Calmar ratio for QUBT, currently valued at 6.99, compared to the broader market0.002.004.006.006.993.81
The chart of Martin ratio for QUBT, currently valued at 19.70, compared to the broader market-10.000.0010.0020.0030.0019.7017.13
QUBT
IVV

The current QUBT Sharpe Ratio is 4.10, which is higher than the IVV Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of QUBT and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
4.10
2.63
QUBT
IVV

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 1.22%.


TTM20232022202120202019201820172016201520142013
QUBT
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%
IVV
iShares Core S&P 500 ETF
1.22%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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-62.59%
-0.57%
QUBT
IVV

Volatility

QUBT vs. IVV - Volatility Comparison

Quantum Computing, Inc. (QUBT) has a higher volatility of 111.81% compared to iShares Core S&P 500 ETF (IVV) at 2.34%. 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.


0.00%20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
111.81%
2.34%
QUBT
IVV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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