QUBT vs. SQM

Last updated Jul 14, 2026

QUBT (Quantum Computing, Inc.) and SQM (Sociedad Química y Minera de Chile S.A.) are both stocks. QUBT operates in Computer Hardware (Technology), while SQM operates in Chemicals (Basic Materials). Over the past 5 years, QUBT returned 7.01%/yr vs 12.60%/yr for SQM. At a 0.19 correlation, their price movements are largely independent.

Performance

QUBT vs. SQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantum Computing, Inc. (QUBT) and Sociedad Química y Minera de Chile S.A. (SQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QUBT achieves a -22.03% return, which is significantly lower than SQM's 5.75% return.

QUBT

• 1D: -7.62%
• 1M: -19.44%
• 6M: -33.94%
• YTD: -22.03%
• 1Y: -54.10%
• 3Y*: 84.68%
• 5Y*: 7.01%
• 10Y*: —

SQM

• 1D: -1.71%
• 1M: -14.48%
• 6M: -6.43%
• YTD: 5.75%
• 1Y: 93.69%
• 3Y*: -1.41%
• 5Y*: 12.60%
• 10Y*: 15.31%

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

QUBT vs. SQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QUBT Quantum Computing, Inc.	-22.03%	-38.01%	1,712.51%	-39.53%	-55.72%	-75.83%	370.33%	0.00%	-42.31%
SQM Sociedad Química y Minera de Chile S.A.	5.75%	89.55%	-39.35%	-18.47%	71.62%	6.82%	89.19%	-27.30%	-19.13%

Correlation

The correlation between QUBT and SQM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Aug 1, 2018	0.19

Fundamentals

Market Cap QUBT : $1.09B SQM : $20.55B
EPS QUBT : -$0.20 SQM : $2.86
PS Ratio QUBT : 373.41 SQM : 3.87
PB Ratio QUBT : 1.12 SQM : 3.50
Total Revenue (TTM) QUBT : $4.33M SQM : $5.31B
Gross Profit (TTM) QUBT : -$667.00K SQM : $1.83B
EBITDA (TTM) QUBT : -$52.52M SQM : $1.75B

Return for Risk

QUBT vs. SQM — Risk / Return Rank

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

QUBT

QUBT Risk / Return Rank: 21
QUBT Sharpe Ratio Rank: 21
QUBT Sortino Ratio Rank: 24
QUBT Omega Ratio Rank: 25
QUBT Calmar Ratio Rank: 16
QUBT Martin Ratio Rank: 21

SQM

SQM Risk / Return Rank: 88
SQM Sharpe Ratio Rank: 90
SQM Sortino Ratio Rank: 87
SQM Omega Ratio Rank: 83
SQM Calmar Ratio Rank: 90
SQM Martin Ratio Rank: 90

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. SQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantum Computing, Inc. (QUBT) and Sociedad Química y Minera de Chile S.A. (SQM). 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	SQM	Difference
Sharpe ratio: Return per unit of total volatility	-0.54	1.85	-2.39
Sortino ratio: Return per unit of downside risk	-0.44	2.51	-2.95
Omega ratio: Gain probability vs. loss probability	0.95	1.29	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.73	3.60	-4.33
Martin ratio: Return relative to average drawdown	-1.06	9.49	-10.55

QUBT vs. SQM - Sharpe Ratio Comparison

The current QUBT Sharpe Ratio is -0.54, which is lower than the SQM Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of QUBT and SQM, 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. SQM - Drawdown Comparison

The maximum QUBT drawdown since its inception was -97.53%, which is greater than SQM's maximum drawdown of -78.34%. Use the drawdown chart below to compare losses from any high point for QUBT and SQM.

Drawdown Indicators

	QUBT	SQM	Difference
Max Drawdown Largest peak-to-trough decline	-97.53%	-78.34%	-19.19%
Max Drawdown (1Y) Largest decline over 1 year	-74.37%	-26.18%	-48.19%
Max Drawdown (3Y) Largest decline over 3 years	-82.40%	-61.32%	-21.08%
Max Drawdown (5Y) Largest decline over 5 years	-95.63%	-69.76%	-25.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-72.98%	—
Current Drawdown Current decline from peak	-68.85%	-26.61%	-42.24%
Average Drawdown Average peak-to-trough decline	-72.80%	-30.30%	-42.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.96%	9.91%	+41.05%

Volatility

QUBT vs. SQM - Volatility Comparison

Quantum Computing, Inc. (QUBT) has a higher volatility of 27.06% compared to Sociedad Química y Minera de Chile S.A. (SQM) at 13.74%. This indicates that QUBT's price experiences larger fluctuations and is considered to be riskier than SQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QUBT	SQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.06%	13.74%	+13.32%
Volatility (6M) Calculated over the trailing 6-month period	67.66%	36.60%	+31.06%
Volatility (1Y) Calculated over the trailing 1-year period	100.87%	51.07%	+49.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	133.48%	49.82%	+83.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	176.86%	46.16%	+130.70%

Dividends

QUBT vs. SQM - Dividend Comparison

QUBT has not paid dividends to shareholders, while SQM's dividend yield for the trailing twelve months is around 1.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SQM Sociedad Química y Minera de Chile S.A.	1.60%	0.18%	0.59%	8.34%	9.66%	3.92%	1.64%	4.55%	5.37%	2.73%	4.77%	2.00%

Financials

Frequently Asked Questions

Can I hold both QUBT and SQM in my portfolio?

QUBT and SQM have a correlation of 0.22, 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 SQM?

QUBT has higher volatility (27.06%) compared to SQM (13.74%). In terms of maximum drawdown, QUBT dropped -97.53% vs SQM's -78.34%.

Which has better risk-adjusted returns?

SQM currently has the higher Sharpe Ratio (1.85 vs -0.54), 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.