HON vs. BTQ.NEO

Last updated Jun 13, 2026

HON (Honeywell International Inc) and BTQ.NEO (BTQ Technologies Corp) are both stocks. HON operates in Conglomerates (Industrials), while BTQ.NEO operates in Software - Infrastructure (Technology). Over the past 3 years, HON returned 7.43%/yr vs 98.36%/yr for BTQ.NEO. At a 0.12 correlation, their price movements are largely independent.

Performance

HON vs. BTQ.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Honeywell International Inc (HON) and BTQ Technologies Corp (BTQ.NEO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HON is traded in USD, while BTQ.NEO is traded in CAD. To make them comparable, the BTQ.NEO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HON achieves a 14.11% return, which is significantly higher than BTQ.NEO's -19.90% return.

HON

• 1D: 0.54%
• 1M: 1.63%
• YTD: 14.11%
• 6M: 14.95%
• 1Y: 5.66%
• 3Y*: 7.43%
• 5Y*: 2.86%
• 10Y*: 10.02%

BTQ.NEO

• 1D: -5.50%
• 1M: 29.09%
• YTD: -19.90%
• 6M: -30.34%
• 1Y: 22.13%
• 3Y*: 98.36%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HON vs. BTQ.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HON Honeywell International Inc	14.11%	-6.37%	10.02%	6.41%
BTQ.NEO BTQ Technologies Corp	-19.90%	88.56%	342.98%	11.18%

Correlation

The correlation between HON and BTQ.NEO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Feb 21, 2023	0.12

The correlation between HON and BTQ.NEO shifts across timeframes, from 0.12 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HON : $140.65B BTQ.NEO : CA$799.35M
EPS HON : $6.42 BTQ.NEO : -CA$0.11
PS Ratio HON : 3.83 BTQ.NEO : 1.39K
PB Ratio HON : 6.60 BTQ.NEO : 20.97
Total Revenue (TTM) HON : $36.76B BTQ.NEO : CA$565.50K
Gross Profit (TTM) HON : $13.58B BTQ.NEO : CA$565.50K
EBITDA (TTM) HON : $6.55B BTQ.NEO : -CA$14.23M

Return for Risk

HON vs. BTQ.NEO — Risk / Return Rank

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

HON

HON Risk / Return Rank: 48
HON Sharpe Ratio Rank: 52
HON Sortino Ratio Rank: 44
HON Omega Ratio Rank: 44
HON Calmar Ratio Rank: 51
HON Martin Ratio Rank: 49

BTQ.NEO

BTQ.NEO Risk / Return Rank: 55
BTQ.NEO Sharpe Ratio Rank: 48
BTQ.NEO Sortino Ratio Rank: 69
BTQ.NEO Omega Ratio Rank: 62
BTQ.NEO Calmar Ratio Rank: 50
BTQ.NEO Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HON vs. BTQ.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Honeywell International Inc (HON) and BTQ Technologies Corp (BTQ.NEO). 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.

	HON	BTQ.NEO	Difference
Sharpe ratio: Return per unit of total volatility	0.24	0.14	+0.10
Sortino ratio: Return per unit of downside risk	0.52	1.60	-1.08
Omega ratio: Gain probability vs. loss probability	1.06	1.16	-0.10
Calmar ratio: Return relative to maximum drawdown	0.34	0.26	+0.08
Martin ratio: Return relative to average drawdown	0.59	0.37	+0.21

HON vs. BTQ.NEO - Sharpe Ratio Comparison

The current HON Sharpe Ratio is 0.24, which is higher than the BTQ.NEO Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of HON and BTQ.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HON vs. BTQ.NEO - Drawdown Comparison

The maximum HON drawdown since its inception was -70.09%, smaller than the maximum BTQ.NEO drawdown of -84.79%. Use the drawdown chart below to compare losses from any high point for HON and BTQ.NEO.

Drawdown Indicators

	HON	BTQ.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-70.09%	-84.79%	+14.70%
Max Drawdown (1Y) Largest decline over 1 year	-16.54%	-84.79%	+68.25%
Max Drawdown (3Y) Largest decline over 3 years	-22.10%	-84.79%	+62.69%
Max Drawdown (5Y) Largest decline over 5 years	-27.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.01%	—	—
Current Drawdown Current decline from peak	-10.69%	-70.78%	+60.09%
Average Drawdown Average peak-to-trough decline	-20.28%	-47.36%	+27.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.68%	59.76%	-50.08%

Volatility

HON vs. BTQ.NEO - Volatility Comparison

The current volatility for Honeywell International Inc (HON) is 11.56%, while BTQ Technologies Corp (BTQ.NEO) has a volatility of 42.41%. This indicates that HON experiences smaller price fluctuations and is considered to be less risky than BTQ.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HON	BTQ.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.56%	42.41%	-30.85%
Volatility (6M) Calculated over the trailing 6-month period	18.95%	84.89%	-65.94%
Volatility (1Y) Calculated over the trailing 1-year period	24.12%	161.46%	-137.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.02%	171.66%	-149.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	171.66%	-148.02%

Dividends

HON vs. BTQ.NEO - Dividend Comparison

HON's dividend yield for the trailing twelve months is around 2.10%, while BTQ.NEO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTQ.NEO BTQ Technologies Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HON Honeywell International Inc	2.10%	2.25%	1.93%	1.99%	1.85%	1.81%	1.71%	1.90%	2.24%	1.79%	2.11%	2.07%

Financials

Frequently Asked Questions

Can I hold both HON and BTQ.NEO in my portfolio?

HON and BTQ.NEO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.