QUBT vs. QMCO

Last updated Jun 4, 2026

QUBT (Quantum Computing, Inc.) and QMCO (Quantum Corporation) are both stocks. Both operate in the Computer Hardware industry within the Technology sector. Over the past 5 years, QUBT returned 14.83%/yr vs -35.29%/yr for QMCO. At a 0.25 correlation, their price movements are largely independent.

Performance

QUBT vs. QMCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantum Computing, Inc. (QUBT) and Quantum Corporation (QMCO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QUBT achieves a 9.16% return, which is significantly lower than QMCO's 147.29% return.

QUBT

• 1D: -8.57%
• 1M: 17.89%
• YTD: 9.16%
• 6M: -7.21%
• 1Y: -9.68%
• 3Y*: 109.96%
• 5Y*: 14.83%
• 10Y*: —

QMCO

• 1D: 27.19%
• 1M: 110.98%
• YTD: 147.29%
• 6M: 93.10%
• 1Y: 34.26%
• 3Y*: -14.59%
• 5Y*: -35.29%
• 10Y*: -13.69%

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

QUBT vs. QMCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QUBT Quantum Computing, Inc.	9.16%	-38.01%	1,712.51%	-39.53%	-55.72%	-75.83%	370.33%	0.00%	-42.31%
QMCO Quantum Corporation	147.29%	-88.04%	672.49%	-67.98%	-80.25%	-9.80%	-17.52%	271.00%	14.94%

Correlation

The correlation between QUBT and QMCO is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Aug 2, 2018	0.25

Over the past year, QUBT and QMCO have become more correlated (0.55) than their long-term average of 0.25, meaning their price movements have been converging.

Fundamentals

Market Cap QUBT : $2.51B QMCO : $218.34M
EPS QUBT : -$0.21 QMCO : -$8.86
PS Ratio QUBT : 483.43 QMCO : 0.69
Total Revenue (TTM) QUBT : $4.33M QMCO : $261.28M
Gross Profit (TTM) QUBT : -$667.00K QMCO : $97.87M
EBITDA (TTM) QUBT : -$52.52M QMCO : -$51.03M

Return for Risk

QUBT vs. QMCO — Risk / Return Rank

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

QUBT

QUBT Risk / Return Rank: 40
QUBT Sharpe Ratio Rank: 37
QUBT Sortino Ratio Rank: 46
QUBT Omega Ratio Rank: 43
QUBT Calmar Ratio Rank: 36
QUBT Martin Ratio Rank: 36

QMCO

QMCO Risk / Return Rank: 54
QMCO Sharpe Ratio Rank: 52
QMCO Sortino Ratio Rank: 61
QMCO Omega Ratio Rank: 56
QMCO Calmar Ratio Rank: 52
QMCO Martin Ratio Rank: 50

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.

QUBT vs. QMCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantum Computing, Inc. (QUBT) and Quantum Corporation (QMCO). 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.

	QUBT	QMCO	Difference
Sharpe ratio Return per unit of total volatility	-0.09	0.33	-0.42
Sortino ratio Return per unit of downside risk	0.71	1.32	-0.62
Omega ratio Gain probability vs. loss probability	1.07	1.15	-0.07
Calmar ratio Return relative to maximum drawdown	-0.13	0.51	-0.64
Martin ratio Return relative to average drawdown	-0.20	0.85	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QUBT vs. QMCO - Sharpe Ratio Comparison

The current QUBT Sharpe Ratio is -0.09, which is lower than the QMCO Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of QUBT and QMCO, 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

	QUBT	QMCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	0.33	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	-0.22	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	-0.17	+0.24

Drawdowns

QUBT vs. QMCO - Drawdown Comparison

The maximum QUBT drawdown since its inception was -97.53%, roughly equal to the maximum QMCO drawdown of -99.93%. Use the drawdown chart below to compare losses from any high point for QUBT and QMCO.

Drawdown Indicators

	QUBT	QMCO	Difference
Max Drawdown Largest peak-to-trough decline	-97.53%	-99.93%	+2.40%
Max Drawdown (1Y) Largest decline over 1 year	-74.37%	-67.72%	-6.65%
Max Drawdown (3Y) Largest decline over 3 years	-82.40%	-93.90%	+11.50%
Max Drawdown (5Y) Largest decline over 5 years	-95.63%	-98.41%	+2.78%
Max Drawdown (10Y) Largest decline over 10 years	—	-98.67%	—
Current Drawdown Current decline from peak	-56.39%	-99.54%	+43.15%
Average Drawdown Average peak-to-trough decline	-72.99%	-88.08%	+15.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.68%	40.44%	+7.24%

Volatility

QUBT vs. QMCO - Volatility Comparison

The current volatility for Quantum Computing, Inc. (QUBT) is 36.08%, while Quantum Corporation (QMCO) has a volatility of 42.46%. This indicates that QUBT experiences smaller price fluctuations and is considered to be less risky than QMCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QUBT	QMCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.08%	42.46%	-6.38%
Volatility (6M) Calculated over the trailing 6-month period	67.55%	71.26%	-3.71%
Volatility (1Y) Calculated over the trailing 1-year period	107.57%	103.92%	+3.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	133.11%	159.16%	-26.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	177.77%	124.84%	+52.93%

Dividends

QUBT vs. QMCO - Dividend Comparison

Neither QUBT nor QMCO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both QUBT and QMCO in my portfolio?

QUBT and QMCO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QUBT or QMCO?

QMCO has higher volatility (42.46%) compared to QUBT (36.08%). In terms of maximum drawdown, QUBT dropped -97.53% vs QMCO's -99.93%.

Which has better risk-adjusted returns?

QMCO currently has the higher Sharpe Ratio (0.33 vs -0.09), 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.