QBTS vs QUBT: Correlation
Measured on weekly returns over the past three years, D-Wave Quantum Inc. (QBTS) and Quantum Computing Inc. (QUBT) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QBTS and QUBT?
Across a 3-year window, the weekly returns of QBTS and QUBT correlate at 0.53, moderate. The past 12 months show a tighter link (0.84) than the 3-year average (0.53). Stretching to 5 years gives 0.35, with an annualized covariance of 12124.3 %².
Among the 15 assets we track against QBTS, QUBT ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QBTS outperformed by 59.1 percentage points (+17.5% for QBTS against -41.6% for QUBT).
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.
QBTS vs QUBT: side by side
| QBTS (D-Wave Quantum Inc.) | QUBT (Quantum Computing Inc.) | |
|---|---|---|
| 1-year return | +17.5% | -41.6% |
| 5-year return | +84.0% | +13.8% |
| Volatility (ann.) | 143.4% | 160.7% |
| Beta vs S&P 500 | 2.86 | 2.31 |
| Max drawdown (3Y) | -71.0% | -82.4% |
| Market cap | $6.7B | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QBTS | QUBT |
|---|---|---|
| 2022 | -85.3% | -55.7% |
| 2023 | -38.9% | -39.5% |
| 2024 | +854.5% | +1712.7% |
| 2025 | +211.3% | -38.0% |
| 2026 | -31.5% | -15.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QBTS and QUBT good diversifiers for each other?
Only partially. A correlation of 0.53 means QBTS 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 QBTS and QUBT?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.84 over the last year and 0.35 over 5 years.
Is QUBT a good diversifier for QBTS?
Only partially. A correlation of 0.53 means QBTS 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 0.53 mean?
A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qbts-vs-qubt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qbts-vs-qubt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QBTS correlations · QUBT correlations
