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QUBT vs VRTX: Correlation

Measured on weekly returns over the past three years, Quantum Computing Inc. (QUBT) and Vertex Pharmaceuticals (VRTX) carry a correlation of -0.23, a negative link.

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

Correlation (3Y)
-0.23
negative
Correlation (1Y)
0.01
last 12 months
Correlation (5Y)
-0.18
long-run
Ann. covariance
-1137.2
%² · weekly, annualized

How correlated are QUBT and VRTX?

Across a 3-year window, the weekly returns of QUBT and VRTX correlate at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.01) than the 3-year average (-0.23). Stretching to 5 years gives -0.18, with an annualized covariance of -1137.2 %².

Among the 20 assets we track against QUBT, VRTX sits near the bottom by co-movement, at rank #20. Correlation aside, the last 12 months split them widely, with VRTX ahead by 82.3 points (-41.6% versus +40.7%). Risk is not evenly split, since QUBT carries 5.3 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.

QUBT vs VRTX: side by side

QUBT (Quantum Computing Inc.)VRTX (Vertex Pharmaceuticals)
1-year return-41.6%+40.7%
5-year return+13.8%+174.5%
Volatility (ann.)160.7%30.3%
Beta vs S&P 5002.310.55
Max drawdown (3Y)-82.4%-29.1%
Market cap$2.0B$138.8B
P/E (trailing)31.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedHealth Care
Smaller drawdown: VRTX -29.1% vs -82.4%Higher 5y return: VRTX +174.5% vs +13.8%
-56%0%+63%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). QUBT · VRTX

Year-by-year returns

YearQUBTVRTX
2022-55.7%+31.5%
2023-39.5%+40.9%
2024+1712.7%-1.0%
2025-38.0%+12.6%
2026-15.7%+20.8%

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

Are QUBT and VRTX good diversifiers for each other?

By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.

FAQ

What is the correlation between QUBT and VRTX?

As of 2026-08-27, the correlation of weekly returns between QUBT and VRTX is -0.23 over 3 years, 0.01 over 1 year and -0.18 over 5 years.

Is VRTX a good diversifier for QUBT?

By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.

What does a correlation of -0.23 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.

Use this data

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QUBT vs VRTX: 3-year weekly correlation -0.23QUBT vs VRTX-0.23

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Related comparisons

Hubs: QUBT correlations · VRTX correlations