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MTEK vs QUBT: Correlation

Measured on weekly returns over the past three years, Maris-Tech Ltd. (MTEK) and Quantum Computing Inc. (QUBT) carry a correlation of 0.39, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.17
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
5410.1
%² · weekly, annualized

How correlated are MTEK and QUBT?

Over the past 3 years, MTEK and QUBT moved with a correlation of 0.39, which is moderate. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.39). Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 5410.1 %².

Among the 12 assets we track against MTEK, QUBT ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QUBT outperformed by 17.1 percentage points (-58.7% for MTEK against -41.6% for QUBT). Risk is not evenly split, since QUBT carries 1.9 times the volatility of the other side.

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.

MTEK vs QUBT: side by side

MTEK (Maris-Tech Ltd.)QUBT (Quantum Computing Inc.)
1-year return-58.7%-41.6%
5-year return-65.4%+13.8%
Volatility (ann.)86.5%160.7%
Beta vs S&P 5001.152.31
Max drawdown (3Y)-83.2%-82.4%
Market cap$2.0B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: QUBT -82.4% vs -83.2%Higher 5y return: QUBT +13.8% vs -65.4%
-67%0%+63%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MTEK · QUBT

Year-by-year returns

YearMTEKQUBT
2022-55.7%
2023+25.3%-39.5%
2024+384.6%+1712.7%
2025-77.0%-38.0%
2026-6.0%-15.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MTEK and QUBT good diversifiers for each other?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between MTEK and QUBT?

As of 2026-08-27, the correlation of weekly returns between MTEK and QUBT is 0.39 over 3 years, 0.17 over 1 year and 0.36 over 5 years.

Is QUBT a good diversifier for MTEK?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.39 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

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MTEK vs QUBT: 3-year weekly correlation 0.39MTEK vs QUBT0.39

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Related comparisons

Hubs: MTEK correlations · QUBT correlations