RGTI vs. QTUM
Compare and contrast key facts about Rigetti Computing Inc (RGTI) and Defiance Quantum ETF (QTUM).
QTUM is a passively managed fund by Defiance ETFs that tracks the performance of the BlueStar Machine Learning and Quantum Computing Index. It was launched on Sep 5, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGTI or QTUM.
Correlation
The correlation between RGTI and QTUM is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RGTI vs. QTUM - Performance Comparison
Key characteristics
RGTI:
5.30
QTUM:
2.30
RGTI:
4.62
QTUM:
3.08
RGTI:
1.51
QTUM:
1.39
RGTI:
7.79
QTUM:
3.20
RGTI:
16.96
QTUM:
9.83
RGTI:
43.32%
QTUM:
5.60%
RGTI:
138.72%
QTUM:
23.99%
RGTI:
-96.89%
QTUM:
-38.45%
RGTI:
-30.04%
QTUM:
0.00%
Returns By Period
In the year-to-date period, RGTI achieves a 755.84% return, which is significantly higher than QTUM's 53.08% return.
RGTI
755.84%
497.87%
710.58%
687.85%
N/A
N/A
QTUM
53.08%
27.95%
29.95%
55.62%
24.46%
N/A
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Risk-Adjusted Performance
RGTI vs. QTUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rigetti Computing Inc (RGTI) and Defiance Quantum ETF (QTUM). 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.
Dividends
RGTI vs. QTUM - Dividend Comparison
RGTI has not paid dividends to shareholders, while QTUM's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
RGTI Rigetti Computing Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QTUM Defiance Quantum ETF | 0.61% | 0.81% | 1.46% | 0.48% | 0.45% | 0.61% | 0.21% |
Drawdowns
RGTI vs. QTUM - Drawdown Comparison
The maximum RGTI drawdown since its inception was -96.89%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for RGTI and QTUM. For additional features, visit the drawdowns tool.
Volatility
RGTI vs. QTUM - Volatility Comparison
Rigetti Computing Inc (RGTI) has a higher volatility of 79.65% compared to Defiance Quantum ETF (QTUM) at 10.04%. This indicates that RGTI's price experiences larger fluctuations and is considered to be riskier than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.