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IONQ vs. BTQ.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

IONQ vs. BTQ.NEO - Performance Comparison

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

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Different Trading Currencies

IONQ 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, IONQ achieves a 28.93% return, which is significantly higher than BTQ.NEO's -19.90% return.


IONQ

1D
-0.24%
1M
4.69%
YTD
28.93%
6M
14.90%
1Y
49.44%
3Y*
75.90%
5Y*
40.49%
10Y*

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)

IONQ vs. BTQ.NEO - Yearly Performance Comparison


2026 (YTD)202520242023
IONQ
IonQ, Inc.
28.93%7.42%237.13%153.89%
BTQ.NEO
BTQ Technologies Corp
-19.90%88.56%342.98%11.18%

Correlation

The correlation between IONQ and BTQ.NEO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.42

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Feb 21, 2023

0.28

The correlation between IONQ and BTQ.NEO shifts across timeframes, from 0.28 (all time) to 0.42 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

IONQ:

$21.48B

BTQ.NEO:

CA$799.35M

EPS

IONQ:

$0.86

BTQ.NEO:

-CA$0.11

PS Ratio

IONQ:

99.37

BTQ.NEO:

1.39K

PB Ratio

IONQ:

4.32

BTQ.NEO:

20.97

Total Revenue (TTM)

IONQ:

$187.12M

BTQ.NEO:

CA$565.50K

Gross Profit (TTM)

IONQ:

$71.25M

BTQ.NEO:

CA$565.50K

EBITDA (TTM)

IONQ:

$405.86M

BTQ.NEO:

-CA$14.23M

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Return for Risk

IONQ vs. BTQ.NEO — Risk / Return Rank

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

IONQ
IONQ Risk / Return Rank: 6161
Overall Rank
IONQ Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
IONQ Sortino Ratio Rank: 6666
Sortino Ratio Rank
IONQ Omega Ratio Rank: 6262
Omega Ratio Rank
IONQ Calmar Ratio Rank: 5959
Calmar Ratio Rank
IONQ Martin Ratio Rank: 5757
Martin Ratio Rank

BTQ.NEO
BTQ.NEO Risk / Return Rank: 5555
Overall Rank
BTQ.NEO Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
BTQ.NEO Sortino Ratio Rank: 6969
Sortino Ratio Rank
BTQ.NEO Omega Ratio Rank: 6262
Omega Ratio Rank
BTQ.NEO Calmar Ratio Rank: 5050
Calmar Ratio Rank
BTQ.NEO Martin Ratio Rank: 4747
Martin Ratio Rank
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.

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

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


IONQBTQ.NEODifference
Sharpe ratioReturn per unit of total volatility

+0.39

Sortino ratioReturn per unit of downside risk

-0.17

Omega ratioGain probability vs. loss probability

1.16

1.16

-0.01

Calmar ratioReturn relative to maximum drawdown

0.73

0.26

+0.47

Martin ratioReturn relative to average drawdown

1.33

0.37

+0.96

IONQ vs. BTQ.NEO - Sharpe Ratio Comparison

The current IONQ Sharpe Ratio is 0.53, which is higher than the BTQ.NEO Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of IONQ 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.


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Drawdowns

IONQ vs. BTQ.NEO - Drawdown Comparison

The maximum IONQ drawdown since its inception was -90.00%, which is greater than BTQ.NEO's maximum drawdown of -84.79%. Use the drawdown chart below to compare losses from any high point for IONQ and BTQ.NEO.


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Drawdown Indicators


IONQBTQ.NEODifference

Max Drawdown

Largest peak-to-trough decline

-90.00%

-84.79%

-5.21%

Max Drawdown (1Y)

Largest decline over 1 year

-67.61%

-84.79%

+17.18%

Max Drawdown (3Y)

Largest decline over 3 years

-67.61%

-84.79%

+17.18%

Max Drawdown (5Y)

Largest decline over 5 years

-90.00%

Current Drawdown

Current decline from peak

-29.53%

-70.78%

+41.25%

Average Drawdown

Average peak-to-trough decline

-50.88%

-47.36%

-3.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

37.20%

59.76%

-22.56%

Volatility

IONQ vs. BTQ.NEO - Volatility Comparison

The current volatility for IonQ, Inc. (IONQ) is 31.60%, while BTQ Technologies Corp (BTQ.NEO) has a volatility of 42.41%. This indicates that IONQ 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.


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Volatility by Period


IONQBTQ.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

31.60%

42.41%

-10.81%

Volatility (6M)

Calculated over the trailing 6-month period

68.80%

84.89%

-16.09%

Volatility (1Y)

Calculated over the trailing 1-year period

93.28%

161.46%

-68.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

100.48%

171.66%

-71.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

97.53%

171.66%

-74.13%

Dividends

IONQ vs. BTQ.NEO - Dividend Comparison

Neither IONQ nor BTQ.NEO has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

IONQ vs. BTQ.NEO - Financials Comparison

This section allows you to compare key financial metrics between IonQ, Inc. and BTQ Technologies Corp. 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


0.0010.00M20.00M30.00M40.00M50.00M60.00M20222023202420252026
64.67M
0
(IONQ) Total Revenue
(BTQ.NEO) Total Revenue
Please note, different currencies. IONQ values in USD, BTQ.NEO values in CAD

Frequently Asked Questions


IONQ and BTQ.NEO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

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