D-Wave Quantum (QBTS) stock vs the S&P 500 and software stocks
As of 12 October 2026, D-Wave Quantum (QBTS) is among the weakest stocks we track. It is well behind the S&P 500 and behind software stocks as a group (IGV) over the past three months.
Where D-Wave Quantum stands now
As of 12 October 2026, D-Wave Quantum is behind the S&P 500 on every window Zensei tracks, from one month to one year. The market has preferred other stocks for some time.
Inside its group, QBTS lags: it is behind software stocks (IGV) over both the past month and three months. As a group, software stocks are among the strongest groups in the market right now. The group is doing the work here; the stock is not keeping up with it.
D-Wave Quantum is 0.2% of IGV, so the fund's direction owes little to it. It sits in 2 of the sector and theme funds Zensei tracks. The thing to watch is the past month: stocks this far behind only become interesting once the recent window turns.
D-Wave Quantum competitors and peers
The largest other holdings of iShares Expanded Tech-Software Sector ETF (IGV), by weight in the fund, with their plain return over the past month.
Is D-Wave Quantum in the S&P 500?
As of 12 October 2026, D-Wave Quantum is not in the S&P 500. Zensei groups it with software stocks (IGV), where it has 0.20% weight.
None of the 11 S&P 500 sector funds holds it. See Software Stocks (IGV)
D-Wave Quantum ETF: the funds that hold QBTS
2 funds that Zensei tracks hold QBTS. The main sector is the fund Zensei groups it with. The other funds follow by weight.
QBTS stock performance: 1-month, 3-month and 1-year vs the S&P 500
D-Wave Quantum and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
QBTS against software stocks, in depth
See the size of the gap between D-Wave Quantum and software stocks (IGV) over every window, its momentum and its relative strength, and where it sits among software stocks.
See the full analysisD-Wave Quantum stock: common questions
Who are D-Wave Quantum's competitors?
As of 12 October 2026, the largest other holdings of iShares Expanded Tech-Software Sector ETF (IGV) by weight are Palo Alto Networks Inc (PANW), Palantir Technologies (PLTR), CrowdStrike (CRWD), Microsoft (MSFT), Oracle (ORCL). These are the stocks D-Wave Quantum sits next to among software stocks.
Which ETFs hold D-Wave Quantum?
As of 12 October 2026, 2 funds that Zensei tracks hold QBTS. Zensei groups it with software stocks in iShares Expanded Tech-Software Sector ETF (IGV), where its weight is 0.2%. It is also in VanEck Social Sentiment ETF (BUZZ, 0.2%).
Is D-Wave Quantum in the S&P 500?
As of 12 October 2026, D-Wave Quantum is not in the S&P 500. Zensei groups it with software stocks (IGV), where it has 0.20% weight.
What sector is D-Wave Quantum in?
As of 12 October 2026, Zensei groups D-Wave Quantum with software stocks (IGV, its primary fund). It is also in social sentiment stocks (BUZZ).
Is D-Wave Quantum stock beating the S&P 500?
As of 12 October 2026, D-Wave Quantum (QBTS) is down 18.2% over the past month. The S&P 500 is up 2.1% over the same month. Over three months, the stock is down 26.4% and the S&P 500 is up 4.1%.
Is D-Wave Quantum doing better than other software stocks?
As of 12 October 2026, D-Wave Quantum (QBTS) is behind software stocks as a group (IGV) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Recent changes
- ·First tracked: among the weakest
Track D-Wave Quantum against software stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.