QUBT vs. TSLR
QUBT (Quantum Computing, Inc.) is a stock, while TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, QUBT returned -43.29% vs 19.41% for TSLR. At a 0.31 correlation, their price movements are largely independent.
Performance
QUBT vs. TSLR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QUBT achieves a -3.22% return, which is significantly higher than TSLR's -27.58% return.
QUBT
- 1D
- 0.20%
- 1M
- -9.97%
- YTD
- -3.22%
- 6M
- -17.59%
- 1Y
- -43.29%
- 3Y*
- 77.69%
- 5Y*
- 9.88%
- 10Y*
- —
TSLR
- 1D
- 3.62%
- 1M
- -19.09%
- YTD
- -27.58%
- 6M
- -31.37%
- 1Y
- 19.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUBT vs. TSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QUBT Quantum Computing, Inc. | -3.22% | -38.01% | 1,712.51% | -23.27% |
TSLR GraniteShares 2x Long TSLA Daily ETF | -27.58% | -25.97% | 67.57% | 1.69% |
Correlation
The correlation between QUBT and TSLR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023 | 0.31 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QUBT vs. TSLR — Risk / Return Rank
QUBT
TSLR
QUBT vs. TSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Quantum Computing, Inc. (QUBT) and GraniteShares 2x Long TSLA Daily ETF (TSLR). 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 | TSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.11 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 0.36 | -0.94 |
| Martin ratioReturn relative to average drawdown | -0.89 | 0.73 | -1.62 |
Loading charts...
Drawdowns
QUBT vs. TSLR - Drawdown Comparison
The maximum QUBT drawdown since its inception was -97.53%, which is greater than TSLR's maximum drawdown of -82.80%. Use the drawdown chart below to compare losses from any high point for QUBT and TSLR.
Loading charts...
Drawdown Indicators
| QUBT | TSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.53% | -82.80% | -14.73% |
Max Drawdown (1Y)Largest decline over 1 year | -74.37% | -54.37% | -20.00% |
Max Drawdown (3Y)Largest decline over 3 years | -82.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -95.63% | — | — |
Current DrawdownCurrent decline from peak | -61.33% | -62.94% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -72.90% | -50.31% | -22.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.67% | 26.72% | +21.95% |
Volatility
QUBT vs. TSLR - Volatility Comparison
Quantum Computing, Inc. (QUBT) has a higher volatility of 33.55% compared to GraniteShares 2x Long TSLA Daily ETF (TSLR) at 28.92%. This indicates that QUBT's price experiences larger fluctuations and is considered to be riskier than TSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QUBT | TSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.55% | 28.92% | +4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 67.37% | 57.66% | +9.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.81% | 89.10% | +14.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 133.05% | 115.61% | +17.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 177.48% | 115.61% | +61.87% |
Dividends
QUBT vs. TSLR - Dividend Comparison
Neither QUBT nor TSLR has paid dividends to shareholders.
Frequently Asked Questions
QUBT and TSLR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QUBT has higher volatility (33.55%) compared to TSLR (28.92%). In terms of maximum drawdown, QUBT dropped -97.53% vs TSLR's -82.80%.
TSLR currently has the higher Sharpe Ratio (0.22 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.
Find the right allocation for QUBT and TSLR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer