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

Key characteristics


QUBTVOO
YTD Return381.87%26.13%
1Y Return458.73%33.91%
3Y Return (Ann)-11.63%9.98%
5Y Return (Ann)8.05%15.61%
Sharpe Ratio3.202.82
Sortino Ratio4.793.76
Omega Ratio1.551.53
Calmar Ratio4.814.05
Martin Ratio13.6818.48
Ulcer Index34.27%1.85%
Daily Std Dev146.61%12.12%
Max Drawdown-97.53%-33.99%
Current Drawdown-74.12%-0.88%

Correlation

-0.50.00.51.00.2

The correlation between QUBT and VOO 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.

Performance

QUBT vs. VOO - Performance Comparison

In the year-to-date period, QUBT achieves a 381.87% return, which is significantly higher than VOO's 26.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%JuneJulyAugustSeptemberOctoberNovember
424.94%
13.01%
QUBT
VOO

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Risk-Adjusted Performance

QUBT vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantum Computing, Inc. (QUBT) and Vanguard S&P 500 ETF (VOO). 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
Sharpe ratio
The chart of Sharpe ratio for QUBT, currently valued at 3.20, compared to the broader market-4.00-2.000.002.004.003.20
Sortino ratio
The chart of Sortino ratio for QUBT, currently valued at 4.79, compared to the broader market-4.00-2.000.002.004.006.004.79
Omega ratio
The chart of Omega ratio for QUBT, currently valued at 1.55, compared to the broader market0.501.001.502.001.55
Calmar ratio
The chart of Calmar ratio for QUBT, currently valued at 4.81, compared to the broader market0.002.004.006.004.81
Martin ratio
The chart of Martin ratio for QUBT, currently valued at 13.68, compared to the broader market0.0010.0020.0030.0013.68
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.82, compared to the broader market-4.00-2.000.002.004.002.82
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.76, compared to the broader market-4.00-2.000.002.004.006.003.76
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.53, compared to the broader market0.501.001.502.001.53
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 4.05, compared to the broader market0.002.004.006.004.05
Martin ratio
The chart of Martin ratio for VOO, currently valued at 18.48, compared to the broader market0.0010.0020.0030.0018.48

QUBT vs. VOO - Sharpe Ratio Comparison

The current QUBT Sharpe Ratio is 3.20, which is comparable to the VOO Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of QUBT and VOO, 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-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.20
2.82
QUBT
VOO

Dividends

QUBT vs. VOO - Dividend Comparison

QUBT has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.24%.


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%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

QUBT vs. VOO - Drawdown Comparison

The maximum QUBT drawdown since its inception was -97.53%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QUBT and VOO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-74.12%
-0.88%
QUBT
VOO

Volatility

QUBT vs. VOO - Volatility Comparison

Quantum Computing, Inc. (QUBT) has a higher volatility of 87.53% compared to Vanguard S&P 500 ETF (VOO) at 3.84%. This indicates that QUBT's price experiences larger fluctuations and is considered to be riskier than VOO 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%JuneJulyAugustSeptemberOctoberNovember
87.53%
3.84%
QUBT
VOO