RGTIW vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about Rigetti Computing Inc. Warrants (RGTIW) and S&P 500 Index (^GSPC).

Performance

RGTIW vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rigetti Computing Inc. Warrants (RGTIW) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

RGTIW vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RGTIW Rigetti Computing Inc. Warrants	-50.04%	75.21%	4,596.30%	66.66%	-96.58%	163.33%
^GSPC S&P 500 Index	-3.84%	16.39%	23.31%	24.23%	-19.44%	15.26%

Returns By Period

In the year-to-date period, RGTIW achieves a -50.04% return, which is significantly lower than ^GSPC's -3.84% return.

RGTIW

• 1D: 5.31%
• 1M: -29.12%
• YTD: -50.04%
• 6M: -76.83%
• 1Y: 97.51%
• 3Y*: 281.44%
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.11%
• 1M: -3.43%
• YTD: -3.84%
• 6M: -1.98%
• 1Y: 16.08%
• 3Y*: 16.86%
• 5Y*: 10.37%
• 10Y*: 12.29%

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

Return for Risk

RGTIW vs. ^GSPC — Risk / Return Rank

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

RGTIW

RGTIW Risk / Return Rank: 67
RGTIW Sharpe Ratio Rank: 61
RGTIW Sortino Ratio Rank: 79
RGTIW Omega Ratio Rank: 71
RGTIW Calmar Ratio Rank: 64
RGTIW Martin Ratio Rank: 59

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

RGTIW vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rigetti Computing Inc. Warrants (RGTIW) and S&P 500 Index (^GSPC). 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.

	RGTIW	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.60	0.88	-0.29
Sortino ratio Return per unit of downside risk	2.12	1.37	+0.76
Omega ratio Gain probability vs. loss probability	1.23	1.21	+0.02
Calmar ratio Return relative to maximum drawdown	1.18	1.39	-0.21
Martin ratio Return relative to average drawdown	2.11	6.43	-4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGTIW vs. ^GSPC - Sharpe Ratio Comparison

The current RGTIW Sharpe Ratio is 0.60, which is lower than the ^GSPC Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of RGTIW and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RGTIW	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	0.88	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.46	-0.23

Correlation

The correlation between RGTIW and ^GSPC 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.

Drawdowns

RGTIW vs. ^GSPC - Drawdown Comparison

The maximum RGTIW drawdown since its inception was -98.81%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RGTIW and ^GSPC.

Drawdown Indicators

	RGTIW	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-98.81%	-56.78%	-42.03%
Max Drawdown (1Y) Largest decline over 1 year	-89.67%	-9.10%	-80.57%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-87.62%	-5.67%	-81.95%
Average Drawdown Average peak-to-trough decline	-69.69%	-10.75%	-58.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.02%	2.62%	+47.40%

Volatility

RGTIW vs. ^GSPC - Volatility Comparison

Rigetti Computing Inc. Warrants (RGTIW) has a higher volatility of 34.56% compared to S&P 500 Index (^GSPC) at 5.29%. This indicates that RGTIW's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGTIW	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.56%	5.29%	+29.27%
Volatility (6M) Calculated over the trailing 6-month period	122.42%	9.55%	+112.87%
Volatility (1Y) Calculated over the trailing 1-year period	164.80%	18.33%	+146.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	196.14%	16.90%	+179.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	196.14%	18.04%	+178.10%