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QBTS vs CMSD

Comparison between D-Wave Quantum Inc (QBTS, Company) and CMS Energy Corporation (CMSD, Company).

QBTS is from the Technology sector, while CMSD is from the Utilities sector.

QBTS vs CMSD - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
QBTS
$7.14B
CMSD
$7.08B
Max Drawdown
QBTS
96.67%
Winner
CMSD
34.37%
Sharpe Ratio
Winner
QBTS
1.08
CMSD
0.84
5Y Beta
QBTS
2.62
CMSD
N/A
Industry
QBTS
Computer Hardware
CMSD
Multiline Utilities
P/E Ratio
Winner
QBTS
-18.13
CMSD
6.32
PEG Ratio
Winner
QBTS
-0.19
CMSD
1.01
Dividend Yield
QBTS
N/A
CMSD
5.77%
5Y Dividends CAGR
QBTS
N/A
CMSD
4.45%
5Y EPS CAGR
QBTS
N/A
CMSD
3.94%
Debt to Equity
Winner
QBTS
3.15%
CMSD
199.20%
Free Cash Flow Yield
Winner
QBTS
-1.43%
CMSD
-52.43%
P/S Ratio
QBTS
574.54
CMSD
N/A
P/B Ratio
QBTS
5.99
CMSD
N/A

QBTS vs CMSD - Historical Returns

Returns include dividend reinvestment.

1M
Winner
QBTS
+38.42%
CMSD
-0.16%
3M
Winner
QBTS
+62.88%
CMSD
-2.69%
6M
Winner
QBTS
+44.05%
CMSD
-0.55%
1Y
Winner
QBTS
+54.41%
CMSD
+11.29%
5Y(CAGR)
QBTS
N/A
CMSD
+2.40%
Max(CAGR)
Winner
QBTS
+32.95%
CMSD
+4.39%

QBTS vs CMSD - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

YearQBTSCMSD
2026+4.51%-0.59%
2025+172.11%+5.06%
2024+921.77%-0.92%
2023-38.88%+16.72%
2022-85.60%-11.47%
2021N/A+2.71%
2020N/A+5.14%
2019N/A+13.65%

QBTS vs CMSD Drawdown Comparison

The maximum drawdown for QBTS was -96.67%, occurring on May 12, 2023. Recovery took 696 trading sessions.

The maximum drawdown for CMSD was -33.33%, occurring on Mar 18, 2020. Recovery took 114 trading sessions.

The current QBTS drawdown is -34.35%. The current CMSD drawdown is -3.60%.

RankQBTSCMSD
#1-96.67%
Aug 9, 2022 - May 19, 2025
-33.33%
Feb 11, 2020 - Jul 24, 2020
#2-71.01%
Oct 15, 2025 - Mar 30, 2026
-17.55%
Nov 9, 2021 - Dec 1, 2023
#3-27.04%
Jul 23, 2025 - Sep 17, 2025
-10.96%
Sep 10, 2024 - Aug 22, 2025
#4-26.37%
May 22, 2025 - Jul 17, 2025
-7.75%
Oct 23, 2025 - Mar 31, 2026
#5-10.86%
Sep 24, 2025 - Oct 2, 2025
-5.72%
Sep 30, 2019 - Dec 18, 2019
#6-8.58%
Jul 17, 2025 - Jul 23, 2025
-5.41%
Dec 30, 2020 - Apr 6, 2021
#7-7.56%
Oct 7, 2025 - Oct 13, 2025
-4.50%
Mar 21, 2024 - Aug 16, 2024
#8-7.25%
May 20, 2025 - May 22, 2025
-3.65%
Aug 18, 2020 - Oct 23, 2020
#9-4.50%
Sep 19, 2025 - Sep 23, 2025
-3.29%
Jun 18, 2021 - Nov 8, 2021
#10N/A-3.26%
Apr 7, 2021 - Jun 4, 2021
#11N/A-2.57%
Oct 23, 2020 - Nov 16, 2020
#12N/A-2.36%
Sep 19, 2025 - Oct 23, 2025
#13N/A-2.27%
Jul 27, 2020 - Aug 14, 2020
#14N/A-2.25%
Jan 3, 2020 - Feb 6, 2020
#15N/A-2.20%
Dec 18, 2019 - Jan 3, 2020

Correlation

Correlation between QBTS and CMSD is 0.57 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.57
-101

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