RGTI vs. WULF

Last updated Jun 9, 2026

RGTI (Rigetti Computing Inc) and WULF (TeraWulf Inc.) are both stocks. RGTI operates in Computer Hardware (Technology), while WULF operates in Capital Markets (Financial Services). Over the past 5 years, RGTI returned 17.30%/yr vs 22.83%/yr for WULF. At a 0.32 correlation, their price movements are largely independent.

Performance

RGTI vs. WULF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rigetti Computing Inc (RGTI) and TeraWulf Inc. (WULF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGTI achieves a -1.74% return, which is significantly lower than WULF's 125.07% return.

RGTI

• 1D: 5.25%
• 1M: 14.92%
• YTD: -1.74%
• 6M: -22.98%
• 1Y: 92.95%
• 3Y*: 153.88%
• 5Y*: 17.30%
• 10Y*: —

WULF

• 1D: 7.75%
• 1M: 10.56%
• YTD: 125.07%
• 6M: 72.86%
• 1Y: 494.48%
• 3Y*: 168.90%
• 5Y*: 22.83%
• 10Y*: 10.67%

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

RGTI vs. WULF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RGTI Rigetti Computing Inc	-1.74%	45.15%	1,449.40%	35.07%	-92.91%	3.94%
WULF TeraWulf Inc.	125.07%	103.00%	135.83%	260.58%	-95.58%	74.27%

Correlation

The correlation between RGTI and WULF is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Apr 22, 2021	0.32

The correlation between RGTI and WULF shifts across timeframes, from 0.32 (all time) to 0.47 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap RGTI : $7.30B WULF : $10.94B
EPS RGTI : -$0.71 WULF : -$2.55
PS Ratio RGTI : 689.11 WULF : 61.90
Total Revenue (TTM) RGTI : $10.02M WULF : $168.06M
Gross Profit (TTM) RGTI : $3.00M WULF : $107.59M
EBITDA (TTM) RGTI : -$263.06M WULF : -$132.10M

Return for Risk

RGTI vs. WULF — Risk / Return Rank

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

RGTI

RGTI Risk / Return Rank: 68
RGTI Sharpe Ratio Rank: 69
RGTI Sortino Ratio Rank: 76
RGTI Omega Ratio Rank: 69
RGTI Calmar Ratio Rank: 66
RGTI Martin Ratio Rank: 61

WULF

WULF Risk / Return Rank: 97
WULF Sharpe Ratio Rank: 99
WULF Sortino Ratio Rank: 96
WULF Omega Ratio Rank: 94
WULF Calmar Ratio Rank: 99
WULF Martin Ratio Rank: 99

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.

RGTI vs. WULF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rigetti Computing Inc (RGTI) and TeraWulf Inc. (WULF). 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.

	RGTI	WULF	Difference
Sharpe ratio: Return per unit of total volatility	0.86	4.72	-3.87
Sortino ratio: Return per unit of downside risk	1.97	4.27	-2.30
Omega ratio: Gain probability vs. loss probability	1.21	1.51	-0.29
Calmar ratio: Return relative to maximum drawdown	1.21	15.71	-14.50
Martin ratio: Return relative to average drawdown	1.89	41.48	-39.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGTI vs. WULF - Sharpe Ratio Comparison

The current RGTI Sharpe Ratio is 0.86, which is lower than the WULF Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of RGTI and WULF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RGTI	WULF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	4.72	-3.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.18	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.11	+0.02

Drawdowns

RGTI vs. WULF - Drawdown Comparison

The maximum RGTI drawdown since its inception was -96.89%, roughly equal to the maximum WULF drawdown of -98.50%. Use the drawdown chart below to compare losses from any high point for RGTI and WULF.

Drawdown Indicators

	RGTI	WULF	Difference
Max Drawdown Largest peak-to-trough decline	-96.89%	-98.50%	+1.61%
Max Drawdown (1Y) Largest decline over 1 year	-77.10%	-31.74%	-45.36%
Max Drawdown (3Y) Largest decline over 3 years	-78.83%	-75.77%	-3.06%
Max Drawdown (5Y) Largest decline over 5 years	-96.89%	-98.50%	+1.61%
Max Drawdown (10Y) Largest decline over 10 years	—	-98.50%	—
Current Drawdown Current decline from peak	-61.37%	-28.31%	-33.06%
Average Drawdown Average peak-to-trough decline	-58.86%	-46.67%	-12.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.35%	12.00%	+37.35%

Volatility

RGTI vs. WULF - Volatility Comparison

Rigetti Computing Inc (RGTI) has a higher volatility of 44.71% compared to TeraWulf Inc. (WULF) at 21.75%. This indicates that RGTI's price experiences larger fluctuations and is considered to be riskier than WULF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGTI	WULF	Difference
Volatility (1M) Calculated over the trailing 1-month period	44.71%	21.75%	+22.96%
Volatility (6M) Calculated over the trailing 6-month period	70.87%	64.60%	+6.27%
Volatility (1Y) Calculated over the trailing 1-year period	109.36%	105.83%	+3.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.92%	127.48%	+1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	127.31%	101.40%	+25.91%

Dividends

RGTI vs. WULF - Dividend Comparison

Neither RGTI nor WULF has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
RGTI Rigetti Computing Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WULF TeraWulf Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	33.22%

Financials

Frequently Asked Questions

Can I hold both RGTI and WULF in my portfolio?

RGTI and WULF have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGTI or WULF?

RGTI has higher volatility (44.71%) compared to WULF (21.75%). In terms of maximum drawdown, RGTI dropped -96.89% vs WULF's -98.50%.

Which has better risk-adjusted returns?

WULF currently has the higher Sharpe Ratio (4.72 vs 0.86), 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.