ARQQ vs RGTI: Correlation
Measured on weekly returns over the past three years, Arqit Quantum Inc. (ARQQ) and Rigetti Computing, Inc. (RGTI) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARQQ and RGTI?
On 3 years of weekly data the ARQQ/RGTI correlation comes out at 0.59, moderate. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 10419.1 %².
RGTI is one of the assets that tracks ARQQ most closely: it ranks #1 out of the 16 assets we track against ARQQ. Their recent paths diverged sharply: over the last 12 months RGTI outperformed by 36.2 percentage points (-29.4% for ARQQ against +6.8% for RGTI).
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.
ARQQ vs RGTI: side by side
| ARQQ (Arqit Quantum Inc.) | RGTI (Rigetti Computing, Inc.) | |
|---|---|---|
| 1-year return | -29.4% | +6.8% |
| 5-year return | -91.4% | +69.5% |
| Volatility (ann.) | 135.6% | 129.7% |
| Beta vs S&P 500 | 3.18 | 2.64 |
| Max drawdown (3Y) | -86.7% | -77.1% |
| Market cap | $0.4B | $5.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARQQ | RGTI |
|---|---|---|
| 2022 | -84.9% | -92.9% |
| 2023 | -86.9% | +35.1% |
| 2024 | +227.8% | +1449.2% |
| 2025 | -43.7% | +45.2% |
| 2026 | -1.9% | -25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARQQ and RGTI good diversifiers for each other?
Only partially. A correlation of 0.59 means ARQQ and RGTI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ARQQ and RGTI?
As of 2026-08-27, the correlation of weekly returns between ARQQ and RGTI is 0.59 over 3 years, 0.65 over 1 year and 0.46 over 5 years.
Is RGTI a good diversifier for ARQQ?
Only partially. A correlation of 0.59 means ARQQ and RGTI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/arqq-vs-rgti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arqq-vs-rgti/)
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Related comparisons
Hubs: ARQQ correlations · RGTI correlations
