CRNT vs. IONQ
CRNT (Ceragon Networks Ltd.) and IONQ (IonQ, Inc.) are both stocks. Both are in the Technology sector — CRNT in Communication Equipment, IONQ in Computer Hardware. Over the past 5 years, CRNT returned -6.27%/yr vs 41.22%/yr for IONQ. At a 0.32 correlation, their price movements are largely independent.
Performance
CRNT vs. IONQ - Performance Comparison
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Returns By Period
In the year-to-date period, CRNT achieves a 25.71% return, which is significantly lower than IONQ's 28.93% return.
CRNT
- 1D
- -1.12%
- 1M
- -0.75%
- YTD
- 25.71%
- 6M
- 23.94%
- 1Y
- 14.78%
- 3Y*
- 10.25%
- 5Y*
- -6.27%
- 10Y*
- 5.00%
IONQ
- 1D
- -0.81%
- 1M
- -9.10%
- YTD
- 28.93%
- 6M
- 12.57%
- 1Y
- 40.62%
- 3Y*
- 83.45%
- 5Y*
- 41.22%
- 10Y*
- —
CRNT vs. IONQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CRNT Ceragon Networks Ltd. | 25.71% | -55.03% | 116.20% | 13.09% | -25.97% | -7.19% |
IONQ IonQ, Inc. | 28.93% | 7.42% | 237.13% | 259.13% | -79.34% | 50.11% |
Correlation
The correlation between CRNT and IONQ is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2021 | 0.32 |
Fundamentals
CRNT:
$239.47M
IONQ:
$21.48B
CRNT:
-$0.03
IONQ:
$0.86
CRNT:
0.72
IONQ:
99.37
CRNT:
1.40
IONQ:
4.32
CRNT:
$335.08M
IONQ:
$187.12M
CRNT:
$115.25M
IONQ:
$71.25M
CRNT:
$21.22M
IONQ:
$405.86M
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Return for Risk
CRNT vs. IONQ — Risk / Return Rank
CRNT
IONQ
CRNT vs. IONQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ceragon Networks Ltd. (CRNT) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRNT | IONQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.15 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 0.60 | -0.14 |
| Martin ratioReturn relative to average drawdown | 0.85 | 1.09 | -0.24 |
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Drawdowns
CRNT vs. IONQ - Drawdown Comparison
The maximum CRNT drawdown since its inception was -97.24%, which is greater than IONQ's maximum drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for CRNT and IONQ.
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Drawdown Indicators
| CRNT | IONQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.24% | -90.00% | -7.24% |
Max Drawdown (1Y)Largest decline over 1 year | -32.26% | -67.61% | +35.35% |
Max Drawdown (3Y)Largest decline over 3 years | -66.42% | -67.61% | +1.19% |
Max Drawdown (5Y)Largest decline over 5 years | -66.42% | -90.00% | +23.58% |
Max Drawdown (10Y)Largest decline over 10 years | -79.75% | — | — |
Current DrawdownCurrent decline from peak | -91.75% | -29.53% | -62.22% |
Average DrawdownAverage peak-to-trough decline | -85.17% | -50.79% | -34.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.46% | 37.49% | -20.03% |
Volatility
CRNT vs. IONQ - Volatility Comparison
The current volatility for Ceragon Networks Ltd. (CRNT) is 21.52%, while IonQ, Inc. (IONQ) has a volatility of 27.92%. This indicates that CRNT 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
| CRNT | IONQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.52% | 27.92% | -6.40% |
Volatility (6M)Calculated over the trailing 6-month period | 36.07% | 68.14% | -32.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.44% | 93.80% | -41.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.42% | 100.68% | -49.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.78% | 97.44% | -35.66% |
Dividends
CRNT vs. IONQ - Dividend Comparison
Neither CRNT nor IONQ has paid dividends to shareholders.
Financials
CRNT vs. IONQ - Financials Comparison
This section allows you to compare key financial metrics between Ceragon Networks Ltd. 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
CRNT and IONQ have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IONQ has higher volatility (27.92%) compared to CRNT (21.52%). In terms of maximum drawdown, CRNT dropped -97.24% vs IONQ's -90.00%.
IONQ currently has the higher Sharpe Ratio (0.44 vs 0.28), 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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