WRB vs. QBTS
WRB (W. R. Berkley Corporation) and QBTS (D-Wave Quantum Inc) are both stocks. WRB operates in Insurance - Property & Casualty (Financial Services), while QBTS operates in Computer Hardware (Technology). Over the past 3 years, WRB returned 24.41%/yr vs 123.62%/yr for QBTS. At a correlation of -0.02, they often move in opposite directions.
Performance
WRB vs. QBTS - Performance Comparison
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Returns By Period
In the year-to-date period, WRB achieves a -2.51% return, which is significantly higher than QBTS's -10.63% return.
WRB
- 1D
- 1.08%
- 1M
- 2.74%
- YTD
- -2.51%
- 6M
- 0.17%
- 1Y
- -4.36%
- 3Y*
- 24.41%
- 5Y*
- 17.90%
- 10Y*
- 17.92%
QBTS
- 1D
- -1.89%
- 1M
- 14.84%
- YTD
- -10.63%
- 6M
- -10.46%
- 1Y
- 54.05%
- 3Y*
- 123.62%
- 5Y*
- —
- 10Y*
- —
WRB vs. QBTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WRB W. R. Berkley Corporation | -2.51% | 23.02% | 27.19% | 0.25% | 17.72% |
QBTS D-Wave Quantum Inc | -10.63% | 211.31% | 854.44% | -38.88% | -83.96% |
Correlation
The correlation between WRB and QBTS is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022 | -0.02 |
Fundamentals
WRB:
$4.45
QBTS:
-$1.08
WRB:
1.86
QBTS:
637.12
WRB:
$14.71B
QBTS:
$12.44M
WRB:
$2.91B
QBTS:
$8.25M
WRB:
$2.37B
QBTS:
-$399.03M
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Return for Risk
WRB vs. QBTS — Risk / Return Rank
WRB
QBTS
WRB vs. QBTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for W. R. Berkley Corporation (WRB) 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.
| WRB | QBTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.16 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 0.67 | -0.95 |
| Martin ratioReturn relative to average drawdown | -0.54 | 1.16 | -1.70 |
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Drawdowns
WRB vs. QBTS - Drawdown Comparison
The maximum WRB drawdown since its inception was -69.33%, smaller than the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for WRB and QBTS.
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Drawdown Indicators
| WRB | QBTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.33% | -96.67% | +27.34% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -71.01% | +53.39% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -79.17% | +61.55% |
Max Drawdown (5Y)Largest decline over 5 years | -26.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.35% | — | — |
Current DrawdownCurrent decline from peak | -11.49% | -47.81% | +36.32% |
Average DrawdownAverage peak-to-trough decline | -14.58% | -65.66% | +51.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 40.64% | -31.35% |
Volatility
WRB vs. QBTS - Volatility Comparison
The current volatility for W. R. Berkley Corporation (WRB) is 7.63%, while D-Wave Quantum Inc (QBTS) has a volatility of 42.66%. This indicates that WRB 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.
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Volatility by Period
| WRB | QBTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.63% | 42.66% | -35.03% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 76.89% | -61.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.37% | 108.46% | -87.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.83% | 150.99% | -128.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.56% | 150.99% | -126.43% |
Dividends
WRB vs. QBTS - Dividend Comparison
WRB's dividend yield for the trailing twelve months is around 2.72%, while QBTS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QBTS D-Wave Quantum Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WRB W. R. Berkley Corporation | 2.72% | 2.64% | 2.39% | 2.73% | 1.22% | 2.44% | 0.71% | 2.43% | 2.83% | 2.16% | 2.27% | 0.86% |
Financials
WRB vs. QBTS - Financials Comparison
This section allows you to compare key financial metrics between W. R. Berkley Corporation and D-Wave Quantum Inc. 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
WRB and QBTS have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QBTS has higher volatility (42.66%) compared to WRB (7.63%). In terms of maximum drawdown, WRB dropped -69.33% vs QBTS's -96.67%.
QBTS currently has the higher Sharpe Ratio (0.44 vs -0.24), 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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