Jiayu Shen

Portfolio diversification - a cornerstone of modern investment management - can be formulated as a Maximum Independent Set (MIS) problem on asset correlation graphs. Solving this problem at scale is computationally challenging, motivating the exploration of quantum algorithms for practical financial optimization. We propose an end-to-end pipeline leveraging qReduMIS, a recursive hybrid quantum-classical algorithm. Rather than using quantum optimization to directly produce a final solution, qReduMIS leverages independent set measurements from the Quantum Approximate Optimization Algorithm (QAOA) to identify frozen nodes - vertices likely to belong to optimal solutions - thereby guiding and unblocking subsequent (provably optimal) classical reductions on the remaining graph. We benchmark qReduMIS on real financial data from four major market indices with up to 225 assets, executing experiments on Quantinuum's 98-qubit trapped-ion Helios system, with QAOA circuits acting on kernels of up to 78 qubits and 1016 two-qubit gates. While standalone QAOA fails to find the optimal solution for two of the largest indices (S&P 100 and Nikkei 225), qReduMIS achieves success probabilities of $0.40$ and $0.95$, respectively, with average approximation ratios $\geq 0.96$ across all four indices. We perform a systematic benchmark on the Quantinuum H2-1 noisy emulator over 73 asset correlation graphs of varying size showing that, for $p=2$ QAOA layers, the optimal time-to-solution scaling exponent of qReduMIS is $3.2$ times smaller than that of standalone QAOA.

Suppression of diabatic transitions in quantum adiabatic evolution stands as a significant challenge for ground state preparations. Counterdiabatic driving has been proposed to compensate for diabatic losses and achieve shortcut to adiabaticity. However, its implementation necessitates the generation of adiabatic gauge potential, which requires knowledge of the spectral gap of instantaneous Hamiltonians and involves highly non-local drivings in many-body systems. In this work, we consider local counterdiabatic (LCD) driving with approximate adiabatic gauge potential. Using transverse-field Ising model as an example, we present an in-depth study of the performance and optimization of LCD protocols. We then propose a novel two-step protocol based on LCD and simple local single-body control to further improve the performance. The optimization of these LCD-based protocols does not require knowledge of instantaneous Hamiltonians, and only additional local driving is involved. To benchmark the performance of LCD and the proposed local control-enhanced LCD technique, we experimentally implement digitized adiabatic quantum evolution in a trapped-ion system. We characterize the quality of the prepared states and explore the scaling behavior with system size up to 14 qubits. Our demonstration of quantum shortcut to adiabaticity opens a path towards preparing ground states of complex systems with accessible local controls.