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CFLT vs. IONQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CFLT and IONQ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

CFLT vs. IONQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Confluent, Inc. (CFLT) and IonQ, Inc. (IONQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CFLT:

-0.51

IONQ:

2.00

Sortino Ratio

CFLT:

-0.16

IONQ:

2.78

Omega Ratio

CFLT:

0.98

IONQ:

1.35

Calmar Ratio

CFLT:

-0.32

IONQ:

3.33

Martin Ratio

CFLT:

-0.97

IONQ:

9.34

Ulcer Index

CFLT:

26.67%

IONQ:

28.08%

Daily Std Dev

CFLT:

65.97%

IONQ:

121.53%

Max Drawdown

CFLT:

-82.61%

IONQ:

-90.00%

Current Drawdown

CFLT:

-77.94%

IONQ:

-38.77%

Fundamentals

Market Cap

CFLT:

$7.14B

IONQ:

$7.89B

EPS

CFLT:

-$0.97

IONQ:

-$1.51

PS Ratio

CFLT:

7.02

IONQ:

183.16

PB Ratio

CFLT:

6.86

IONQ:

10.13

Total Revenue (TTM)

CFLT:

$1.02B

IONQ:

$43.06M

Gross Profit (TTM)

CFLT:

$752.20M

IONQ:

$21.56M

EBITDA (TTM)

CFLT:

-$387.39M

IONQ:

-$164.88M

Returns By Period

The year-to-date returns for both investments are quite close, with CFLT having a -26.14% return and IONQ slightly higher at -25.14%.


CFLT

YTD

-26.14%

1M

-2.69%

6M

-22.08%

1Y

-29.81%

5Y*

N/A

10Y*

N/A

IONQ

YTD

-25.14%

1M

20.78%

6M

26.14%

1Y

259.01%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CFLT vs. IONQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CFLT
The Risk-Adjusted Performance Rank of CFLT is 3030
Overall Rank
The Sharpe Ratio Rank of CFLT is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of CFLT is 3232
Sortino Ratio Rank
The Omega Ratio Rank of CFLT is 3333
Omega Ratio Rank
The Calmar Ratio Rank of CFLT is 3131
Calmar Ratio Rank
The Martin Ratio Rank of CFLT is 2828
Martin Ratio Rank

IONQ
The Risk-Adjusted Performance Rank of IONQ is 9494
Overall Rank
The Sharpe Ratio Rank of IONQ is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of IONQ is 9393
Sortino Ratio Rank
The Omega Ratio Rank of IONQ is 9191
Omega Ratio Rank
The Calmar Ratio Rank of IONQ is 9797
Calmar Ratio Rank
The Martin Ratio Rank of IONQ is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CFLT vs. IONQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Confluent, Inc. (CFLT) 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.


The current CFLT Sharpe Ratio is -0.51, which is lower than the IONQ Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of CFLT and IONQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CFLT vs. IONQ - Dividend Comparison

Neither CFLT nor IONQ has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

CFLT vs. IONQ - Drawdown Comparison

The maximum CFLT drawdown since its inception was -82.61%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for CFLT and IONQ. For additional features, visit the drawdowns tool.


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Volatility

CFLT vs. IONQ - Volatility Comparison

Confluent, Inc. (CFLT) has a higher volatility of 24.98% compared to IonQ, Inc. (IONQ) at 21.28%. This indicates that CFLT's price experiences larger fluctuations and is considered to be riskier than IONQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

CFLT vs. IONQ - Financials Comparison

This section allows you to compare key financial metrics between Confluent, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00M200.00M250.00M20212022202320242025
271.12M
7.57M
(CFLT) Total Revenue
(IONQ) Total Revenue
Values in USD except per share items