STTK vs. QBTS

Last updated Aug 4, 2026

STTK (Shattuck Labs, Inc.) and QBTS (D-Wave Quantum Inc) are both stocks. STTK operates in Biotechnology (Healthcare), while QBTS operates in Computer Hardware (Technology). Over the past 3 years, STTK returned 43.44%/yr vs 117.57%/yr for QBTS. Their 0.07 correlation means their historical movements had little consistent relationship.

Performance

STTK vs. QBTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shattuck Labs, Inc. (STTK) and D-Wave Quantum Inc (QBTS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STTK achieves a 99.73% return, which is significantly higher than QBTS's -23.59% return.

STTK

• 1D: 3.11%
• 1M: 3.40%
• 6M: 89.35%
• YTD: 99.73%
• 1Y: 895.90%
• 3Y*: 43.44%
• 5Y*: -18.08%
• 10Y*: —
• ALL TIME*: -17.36%

QBTS

• 1D: 10.51%
• 1M: -11.32%
• 6M: -4.72%
• YTD: -23.59%
• 1Y: 21.98%
• 3Y*: 117.57%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QBTS D-Wave Quantum Inc	$385.02M	$351.27M	$739.46M
STTK Shattuck Labs, Inc.	$6.35M	$8.83M	$7.88M

STTK vs. QBTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STTK Shattuck Labs, Inc.	99.73%	201.65%	-83.03%	210.00%	-39.47%
QBTS D-Wave Quantum Inc	-23.59%	211.31%	854.44%	-38.88%	-83.96%

Correlation

The correlation between STTK and QBTS is 0.21, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.21
Correlation (3Y) Balances recent behavior with more history.	0.10
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022	0.07

The correlation between STTK and QBTS shifts across timeframes, from 0.07 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap STTK : $349.21M QBTS : $7.34B
EPS STTK : -$0.52 QBTS : -$1.04
PS Ratio STTK : 700.33 QBTS : 568.71
PB Ratio STTK : 8.54 QBTS : 6.53
Total Revenue (TTM) STTK : $1.00M QBTS : $12.44M
Gross Profit (TTM) STTK : -$835.00K QBTS : $8.25M
EBITDA (TTM) STTK : -$48.60M QBTS : -$399.03M

Return for Risk

STTK vs. QBTS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STTK

STTK Risk / Return Rank: 99
STTK Sharpe Ratio Rank: 100
STTK Sortino Ratio Rank: 99
STTK Omega Ratio Rank: 98
STTK Calmar Ratio Rank: 100
STTK Martin Ratio Rank: 100

QBTS

QBTS Risk / Return Rank: 55
QBTS Sharpe Ratio Rank: 52
QBTS Sortino Ratio Rank: 63
QBTS Omega Ratio Rank: 58
QBTS Calmar Ratio Rank: 53
QBTS Martin Ratio Rank: 51

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STTK vs. QBTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shattuck Labs, Inc. (STTK) and D-Wave Quantum Inc (QBTS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	STTK	QBTS	Difference
Sharpe ratio: Return per unit of total volatility	8.85	0.20	+8.65
Sortino ratio: Return per unit of downside risk	5.27	1.19	+4.08
Omega ratio: Gain probability vs. loss probability	1.66	1.13	+0.53
Calmar ratio: Return relative to maximum drawdown	17.92	0.31	+17.61
Martin ratio: Return relative to average drawdown	52.42	0.49	+51.93

STTK vs. QBTS - Sharpe Ratio Comparison

The current STTK Sharpe Ratio is 8.85, which is higher than the QBTS Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of STTK and QBTS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STTK vs. QBTS - Drawdown Comparison

The maximum STTK drawdown since its inception was -98.73%, roughly equal to the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for STTK and QBTS.

Drawdown Indicators

	STTK	QBTS	Difference
Max Drawdown Largest peak-to-trough decline	-98.73%	-96.67%	-2.06%
Max Drawdown (1Y) Largest decline over 1 year	-50.51%	-71.01%	+20.50%
Max Drawdown (3Y) Largest decline over 3 years	-93.45%	-71.01%	-22.44%
Max Drawdown (5Y) Largest decline over 5 years	-96.61%	—	—
Current Drawdown Current decline from peak	-87.35%	-55.38%	-31.97%
Average Drawdown Average peak-to-trough decline	-83.23%	-65.26%	-17.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.23%	44.92%	-27.69%

Volatility

STTK vs. QBTS - Volatility Comparison

The current volatility for Shattuck Labs, Inc. (STTK) is 21.73%, while D-Wave Quantum Inc (QBTS) has a volatility of 32.65%. This indicates that STTK experiences smaller price fluctuations and is considered to be less risky than QBTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STTK	QBTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.73%	32.65%	-10.92%
Volatility (6M) Calculated over the trailing 6-month period	57.78%	77.16%	-19.38%
Volatility (1Y) Calculated over the trailing 1-year period	102.46%	111.53%	-9.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	118.31%	149.72%	-31.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.05%	149.72%	-35.67%

Dividends

STTK vs. QBTS - Dividend Comparison

Neither STTK nor QBTS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both STTK and QBTS in my portfolio?

STTK and QBTS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STTK or QBTS?

QBTS has higher volatility (32.65%) compared to STTK (21.73%). In terms of maximum drawdown, STTK dropped -98.73% vs QBTS's -96.67%.

Which has better risk-adjusted returns?

STTK currently has the higher Sharpe Ratio (8.85 vs 0.20), 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.