SOUN vs. QS
SOUN (SoundHound AI, Inc.) and QS (QuantumScape Corporation) are both stocks. SOUN operates in Software - Application (Technology), while QS operates in Auto Parts (Consumer Cyclical). Over the past 3 years, SOUN returned 35.66%/yr vs 6.73%/yr for QS. At a 0.38 correlation, their price movements are largely independent.
Performance
SOUN vs. QS - Performance Comparison
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Returns By Period
In the year-to-date period, SOUN achieves a -24.87% return, which is significantly higher than QS's -26.49% return.
SOUN
- 1D
- 1.35%
- 1M
- -15.65%
- YTD
- -24.87%
- 6M
- -40.93%
- 1Y
- -25.91%
- 3Y*
- 35.66%
- 5Y*
- —
- 10Y*
- —
QS
- 1D
- -0.13%
- 1M
- 1.59%
- YTD
- -26.49%
- 6M
- -39.21%
- 1Y
- 85.47%
- 3Y*
- 6.73%
- 5Y*
- -24.41%
- 10Y*
- —
SOUN vs. QS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SOUN SoundHound AI, Inc. | -24.87% | -49.75% | 835.85% | 19.77% | -79.70% |
QS QuantumScape Corporation | -26.49% | 100.77% | -25.32% | 22.57% | -61.66% |
Correlation
The correlation between SOUN and QS 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 | 0.45 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022 | 0.38 |
Fundamentals
SOUN:
$2.54B
QS:
$4.68B
SOUN:
-$0.43
QS:
-$0.72
SOUN:
5.50
QS:
4.22
SOUN:
$183.99M
QS:
$0.00
SOUN:
$69.84M
QS:
-$49.03M
SOUN:
-$124.47M
QS:
-$378.92M
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Return for Risk
SOUN vs. QS — Risk / Return Rank
SOUN
QS
SOUN vs. QS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SoundHound AI, Inc. (SOUN) and QuantumScape Corporation (QS). 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.
| SOUN | QS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.23 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 1.27 | -1.63 |
| Martin ratioReturn relative to average drawdown | -0.58 | 2.00 | -2.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SOUN | QS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.32 | 0.83 | -1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | -0.04 | +0.04 |
Drawdowns
SOUN vs. QS - Drawdown Comparison
The maximum SOUN drawdown since its inception was -93.55%, roughly equal to the maximum QS drawdown of -97.36%. Use the drawdown chart below to compare losses from any high point for SOUN and QS.
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Drawdown Indicators
| SOUN | QS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.55% | -97.36% | +3.81% |
Max Drawdown (1Y)Largest decline over 1 year | -72.43% | -67.68% | -4.75% |
Max Drawdown (3Y)Largest decline over 3 years | -75.65% | -73.93% | -1.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -91.45% | — |
Current DrawdownCurrent decline from peak | -69.09% | -94.18% | +25.09% |
Average DrawdownAverage peak-to-trough decline | -66.95% | -85.55% | +18.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.50% | 42.96% | +1.54% |
Volatility
SOUN vs. QS - Volatility Comparison
The current volatility for SoundHound AI, Inc. (SOUN) is 19.06%, while QuantumScape Corporation (QS) has a volatility of 26.40%. This indicates that SOUN experiences smaller price fluctuations and is considered to be less risky than QS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOUN | QS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.06% | 26.40% | -7.34% |
Volatility (6M)Calculated over the trailing 6-month period | 51.57% | 48.57% | +3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.46% | 103.45% | -22.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 136.34% | 85.88% | +50.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.34% | 106.01% | +30.33% |
Dividends
SOUN vs. QS - Dividend Comparison
Neither SOUN nor QS has paid dividends to shareholders.
Financials
SOUN vs. QS - Financials Comparison
This section allows you to compare key financial metrics between SoundHound AI, Inc. and QuantumScape Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
SOUN and QS 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.
QS has higher volatility (26.40%) compared to SOUN (19.06%). In terms of maximum drawdown, SOUN dropped -93.55% vs QS's -97.36%.
QS currently has the higher Sharpe Ratio (0.83 vs -0.32), 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.
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