QUBT vs. SOUN

Last updated Jun 13, 2026

QUBT (Quantum Computing, Inc.) and SOUN (SoundHound AI, Inc.) are both stocks. Both are in the Technology sector — QUBT in Computer Hardware, SOUN in Software - Application. Over the past 3 years, QUBT returned 77.69%/yr vs 29.87%/yr for SOUN. At a 0.40 correlation, their price movements are largely independent.

Performance

QUBT vs. SOUN - Performance Comparison

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

Returns By Period

In the year-to-date period, QUBT achieves a -3.22% return, which is significantly higher than SOUN's -30.79% return.

QUBT

• 1D: 0.20%
• 1M: -9.97%
• YTD: -3.22%
• 6M: -17.59%
• 1Y: -43.29%
• 3Y*: 77.69%
• 5Y*: 9.88%
• 10Y*: —

SOUN

• 1D: -1.43%
• 1M: -18.05%
• YTD: -30.79%
• 6M: -40.77%
• 1Y: -27.14%
• 3Y*: 29.87%
• 5Y*: —
• 10Y*: —

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

QUBT vs. SOUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QUBT Quantum Computing, Inc.	-3.22%	-38.01%	1,712.51%	-39.53%	-0.66%
SOUN SoundHound AI, Inc.	-30.79%	-49.75%	835.85%	19.77%	-79.70%

Correlation

The correlation between QUBT and SOUN 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	0.47
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022	0.40

The correlation between QUBT and SOUN shifts across timeframes, from 0.40 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap QUBT : $2.22B SOUN : $2.34B
EPS QUBT : -$0.21 SOUN : -$0.43
PS Ratio QUBT : 428.61 SOUN : 14.72
PB Ratio QUBT : 1.39 SOUN : 5.07
Total Revenue (TTM) QUBT : $4.33M SOUN : $183.99M
Gross Profit (TTM) QUBT : -$667.00K SOUN : $69.84M
EBITDA (TTM) QUBT : -$52.52M SOUN : -$124.47M

Return for Risk

QUBT vs. SOUN — Risk / Return Rank

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

QUBT

QUBT Risk / Return Rank: 26
QUBT Sharpe Ratio Rank: 24
QUBT Sortino Ratio Rank: 30
QUBT Omega Ratio Rank: 30
QUBT Calmar Ratio Rank: 22
QUBT Martin Ratio Rank: 26

SOUN

SOUN Risk / Return Rank: 31
SOUN Sharpe Ratio Rank: 28
SOUN Sortino Ratio Rank: 32
SOUN Omega Ratio Rank: 32
SOUN Calmar Ratio Rank: 30
SOUN Martin Ratio Rank: 32

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. SOUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantum Computing, Inc. (QUBT) and SoundHound AI, Inc. (SOUN). 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	SOUN	Difference
Sharpe ratio: Return per unit of total volatility	-0.42	-0.34	-0.08
Sortino ratio: Return per unit of downside risk	-0.08	-0.01	-0.07
Omega ratio: Gain probability vs. loss probability	0.99	1.00	-0.01
Calmar ratio: Return relative to maximum drawdown	-0.58	-0.38	-0.21
Martin ratio: Return relative to average drawdown	-0.89	-0.60	-0.29

QUBT vs. SOUN - Sharpe Ratio Comparison

The current QUBT Sharpe Ratio is -0.42, which is comparable to the SOUN Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of QUBT and SOUN, 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

QUBT vs. SOUN - Drawdown Comparison

The maximum QUBT drawdown since its inception was -97.53%, roughly equal to the maximum SOUN drawdown of -93.55%. Use the drawdown chart below to compare losses from any high point for QUBT and SOUN.

Drawdown Indicators

	QUBT	SOUN	Difference
Max Drawdown Largest peak-to-trough decline	-97.53%	-93.55%	-3.98%
Max Drawdown (1Y) Largest decline over 1 year	-74.37%	-72.43%	-1.94%
Max Drawdown (3Y) Largest decline over 3 years	-82.40%	-75.65%	-6.75%
Max Drawdown (5Y) Largest decline over 5 years	-95.63%	—	—
Current Drawdown Current decline from peak	-61.33%	-71.52%	+10.19%
Average Drawdown Average peak-to-trough decline	-72.90%	-66.93%	-5.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.67%	45.29%	+3.38%

Volatility

QUBT vs. SOUN - Volatility Comparison

Quantum Computing, Inc. (QUBT) has a higher volatility of 33.55% compared to SoundHound AI, Inc. (SOUN) at 17.69%. This indicates that QUBT's price experiences larger fluctuations and is considered to be riskier than SOUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QUBT	SOUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.55%	17.69%	+15.86%
Volatility (6M) Calculated over the trailing 6-month period	67.37%	52.15%	+15.22%
Volatility (1Y) Calculated over the trailing 1-year period	103.81%	80.70%	+23.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	133.05%	136.27%	-3.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	177.48%	136.27%	+41.21%

Dividends

QUBT vs. SOUN - Dividend Comparison

Neither QUBT nor SOUN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both QUBT and SOUN in my portfolio?

QUBT and SOUN 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 SOUN?

QUBT has higher volatility (33.55%) compared to SOUN (17.69%). In terms of maximum drawdown, QUBT dropped -97.53% vs SOUN's -93.55%.

Which has better risk-adjusted returns?

SOUN currently has the higher Sharpe Ratio (-0.34 vs -0.42), 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.