ACHR vs QUBT: Correlation
How closely do Archer Aviation Inc. (ACHR) and Quantum Computing Inc. (QUBT) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACHR and QUBT?
Over the past 3 years, ACHR and QUBT moved with a correlation of 0.49, which is moderate. The link has tightened recently: the 1-year correlation (0.68) runs above the 3-year figure (0.49). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 6952.4 %².
Within ACHR's tracked universe of 26 assets, QUBT comes in at #15 by 3-year correlation. On 12-month performance ACHR holds a 6.4-point edge, -35.2% against -41.6%. One caveat on sizing: QUBT is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACHR vs QUBT: side by side
| ACHR (Archer Aviation Inc.) | QUBT (Quantum Computing Inc.) | |
|---|---|---|
| 1-year return | -35.2% | -41.6% |
| 5-year return | -40.7% | +13.8% |
| Volatility (ann.) | 87.9% | 160.7% |
| Beta vs S&P 500 | 3.18 | 2.31 |
| Max drawdown (3Y) | -67.4% | -82.4% |
| Market cap | $4.6B | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACHR | QUBT |
|---|---|---|
| 2022 | -69.0% | -55.7% |
| 2023 | +228.3% | -39.5% |
| 2024 | +58.8% | +1712.7% |
| 2025 | -22.9% | -38.0% |
| 2026 | -21.1% | -15.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACHR and QUBT good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACHR and QUBT?
As of 2026-08-27, the correlation of weekly returns between ACHR and QUBT is 0.49 over 3 years, 0.68 over 1 year and 0.41 over 5 years.
Is QUBT a good diversifier for ACHR?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/achr-vs-qubt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/achr-vs-qubt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACHR correlations · QUBT correlations
