BRK-B vs. IONQ
BRK-B (Berkshire Hathaway Inc.) and IONQ (IonQ, Inc.) are both stocks. BRK-B operates in Insurance - Diversified (Financial Services), while IONQ operates in Computer Hardware (Technology). Over the past 5 years, BRK-B returned 11.03%/yr vs 42.74%/yr for IONQ. At a 0.17 correlation, their price movements are largely independent.
Performance
BRK-B vs. IONQ - Performance Comparison
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Returns By Period
In the year-to-date period, BRK-B achieves a -3.11% return, which is significantly lower than IONQ's 39.96% return.
BRK-B
- 1D
- -0.23%
- 1M
- 2.32%
- YTD
- -3.11%
- 6M
- -2.06%
- 1Y
- -1.32%
- 3Y*
- 13.25%
- 5Y*
- 11.03%
- 10Y*
- 13.14%
IONQ
- 1D
- 10.60%
- 1M
- 27.54%
- YTD
- 39.96%
- 6M
- 15.53%
- 1Y
- 60.94%
- 3Y*
- 81.23%
- 5Y*
- 42.74%
- 10Y*
- —
BRK-B vs. IONQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -3.11% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% |
IONQ IonQ, Inc. | 39.96% | 7.42% | 237.13% | 259.13% | -79.34% | 50.11% |
Correlation
The correlation between BRK-B and IONQ is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2021 | 0.17 |
The correlation between BRK-B and IONQ shifts across timeframes, from -0.08 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BRK-B:
$1.05T
IONQ:
$23.31B
BRK-B:
$33.62
IONQ:
$0.86
BRK-B:
14.49
IONQ:
72.85
BRK-B:
2.80
IONQ:
107.88
BRK-B:
1.44
IONQ:
4.69
BRK-B:
$375.39B
IONQ:
$187.12M
BRK-B:
$94.36B
IONQ:
$71.25M
BRK-B:
$71.92B
IONQ:
$405.86M
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Return for Risk
BRK-B vs. IONQ — Risk / Return Rank
BRK-B
IONQ
BRK-B vs. IONQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and IonQ, Inc. (IONQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BRK-B | IONQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.17 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.91 | -1.05 |
| Martin ratioReturn relative to average drawdown | -0.30 | 1.65 | -1.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRK-B | IONQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 0.66 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.43 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.39 | +0.09 |
Drawdowns
BRK-B vs. IONQ - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for BRK-B and IONQ.
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Drawdown Indicators
| BRK-B | IONQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -90.00% | +36.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -67.61% | +58.19% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -67.61% | +52.66% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -90.00% | +63.42% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | — | — |
Current DrawdownCurrent decline from peak | -9.78% | -23.50% | +13.72% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -50.97% | +39.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 37.01% | -32.52% |
Volatility
BRK-B vs. IONQ - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.98%, while IonQ, Inc. (IONQ) has a volatility of 32.87%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than IONQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRK-B | IONQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 32.87% | -28.89% |
Volatility (6M)Calculated over the trailing 6-month period | 10.87% | 68.37% | -57.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 92.93% | -78.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 100.41% | -83.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 97.59% | -78.15% |
Dividends
BRK-B vs. IONQ - Dividend Comparison
Neither BRK-B nor IONQ has paid dividends to shareholders.
Financials
BRK-B vs. IONQ - Financials Comparison
This section allows you to compare key financial metrics between Berkshire Hathaway Inc. and IonQ, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BRK-B and IONQ have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IONQ has higher volatility (32.87%) compared to BRK-B (3.98%). In terms of maximum drawdown, BRK-B dropped -53.86% vs IONQ's -90.00%.
IONQ currently has the higher Sharpe Ratio (0.66 vs -0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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