NVNI vs QUBT: Correlation
Nvni Group Limited (NVNI) and Quantum Computing Inc. (QUBT) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NVNI and QUBT?
Over the past 3 years, NVNI and QUBT moved with a correlation of 0.58, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.08 versus 0.58 over 3 years. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 89137.6 %².
In NVNI's tracked universe of 60 assets, QUBT sits right near the top at #3. Correlation aside, the last 12 months split them widely, with QUBT ahead by 41.4 points (-83.0% versus -41.6%). Note the risk asymmetry: NVNI runs 5.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
NVNI vs QUBT: side by side
| NVNI (Nvni Group Limited) | QUBT (Quantum Computing Inc.) | |
|---|---|---|
| 1-year return | -83.0% | -41.6% |
| 5-year return | -98.9% | +13.8% |
| Volatility (ann.) | 949.3% | 160.7% |
| Beta vs S&P 500 | -4.03 | 2.31 |
| Max drawdown (3Y) | -99.3% | -82.4% |
| Market cap | – | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NVNI | QUBT |
|---|---|---|
| 2022 | +4.4% | -55.7% |
| 2023 | -85.4% | -39.5% |
| 2024 | +64.4% | +1712.7% |
| 2025 | -89.2% | -38.0% |
| 2026 | -60.8% | -15.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NVNI and QUBT good diversifiers for each other?
Only partially. A correlation of 0.58 means NVNI and QUBT 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 NVNI and QUBT?
The NVNI/QUBT correlation stands at 0.58 on a 3-year window (1 year: 0.08, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is QUBT a good diversifier for NVNI?
Only partially. A correlation of 0.58 means NVNI and QUBT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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/nvni-vs-qubt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nvni-vs-qubt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NVNI correlations · QUBT correlations
