IONQ vs. BRK-B
IONQ (IonQ, Inc.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. IONQ operates in Computer Hardware (Technology), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 5 years, IONQ returned 42.74%/yr vs 11.03%/yr for BRK-B. At a 0.17 correlation, their price movements are largely independent.
Performance
IONQ vs. BRK-B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IONQ achieves a 39.96% return, which is significantly higher than BRK-B's -3.11% return.
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
- 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 vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IONQ IonQ, Inc. | 39.96% | 7.42% | 237.13% | 259.13% | -79.34% | 50.11% |
BRK-B Berkshire Hathaway Inc. | -3.11% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% |
Correlation
The correlation between IONQ and BRK-B 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 IONQ and BRK-B shifts across timeframes, from -0.08 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IONQ:
$23.31B
BRK-B:
$1.05T
IONQ:
$0.86
BRK-B:
$33.62
IONQ:
72.85
BRK-B:
14.49
IONQ:
107.88
BRK-B:
2.80
IONQ:
4.69
BRK-B:
1.44
IONQ:
$187.12M
BRK-B:
$375.39B
IONQ:
$71.25M
BRK-B:
$94.36B
IONQ:
$405.86M
BRK-B:
$71.92B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IONQ vs. BRK-B — Risk / Return Rank
IONQ
BRK-B
IONQ vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IonQ, Inc. (IONQ) and Berkshire Hathaway Inc. (BRK-B). 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.
| IONQ | BRK-B | 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 | 1.17 | 1.00 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | -0.14 | +1.05 |
| Martin ratioReturn relative to average drawdown | 1.65 | -0.30 | +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. | |||
Loading charts...
Sharpe Ratios by Period
| IONQ | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | -0.09 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.65 | -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 | 0.39 | 0.48 | -0.09 |
Drawdowns
IONQ vs. BRK-B - Drawdown Comparison
The maximum IONQ drawdown since its inception was -90.00%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for IONQ and BRK-B.
Loading charts...
Drawdown Indicators
| IONQ | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.00% | -53.86% | -36.14% |
Max Drawdown (1Y)Largest decline over 1 year | -67.61% | -9.42% | -58.19% |
Max Drawdown (3Y)Largest decline over 3 years | -67.61% | -14.95% | -52.66% |
Max Drawdown (5Y)Largest decline over 5 years | -90.00% | -26.58% | -63.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -23.50% | -9.78% | -13.72% |
Average DrawdownAverage peak-to-trough decline | -50.97% | -11.07% | -39.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.01% | 4.49% | +32.52% |
Volatility
IONQ vs. BRK-B - Volatility Comparison
IonQ, Inc. (IONQ) has a higher volatility of 32.87% compared to Berkshire Hathaway Inc. (BRK-B) at 3.98%. This indicates that IONQ's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IONQ | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.87% | 3.98% | +28.89% |
Volatility (6M)Calculated over the trailing 6-month period | 68.37% | 10.87% | +57.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.93% | 14.38% | +78.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 100.41% | 17.13% | +83.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.59% | 19.44% | +78.15% |
Dividends
IONQ vs. BRK-B - Dividend Comparison
Neither IONQ nor BRK-B has paid dividends to shareholders.
Financials
IONQ vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between IonQ, Inc. and Berkshire Hathaway 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
IONQ and BRK-B 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, IONQ dropped -90.00% vs BRK-B's -53.86%.
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.
Find the right allocation for IONQ and BRK-B
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer