IONQ vs. LAES

Last updated Apr 1, 2026

Compare and contrast key facts about IonQ, Inc. (IONQ) and SEALSQ Corp (LAES).

Performance

IONQ vs. LAES - Performance Comparison

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

IONQ vs. LAES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IONQ IonQ, Inc.	-35.75%	7.42%	237.13%	21.00%
LAES SEALSQ Corp	-30.69%	-38.54%	380.47%	-94.17%

Fundamentals

Market Cap IONQ : $10.64B LAES : $305.18M
EPS IONQ : -$1.67 LAES : -$0.43
PS Ratio IONQ : 67.59 LAES : 8.63
PB Ratio IONQ : 2.80 LAES : 2.58
Total Revenue (TTM) IONQ : $130.02M LAES : $35.37M
Gross Profit (TTM) IONQ : $52.53M LAES : $13.21M
EBITDA (TTM) IONQ : -$429.34M LAES : -$41.81M

Returns By Period

In the year-to-date period, IONQ achieves a -35.75% return, which is significantly lower than LAES's -30.69% return.

IONQ

• 1D: 8.42%
• 1M: -24.86%
• YTD: -35.75%
• 6M: -53.12%
• 1Y: 30.63%
• 3Y*: 67.36%
• 5Y*: 22.22%
• 10Y*: —

LAES

• 1D: 13.42%
• 1M: -33.33%
• YTD: -30.69%
• 6M: -29.95%
• 1Y: 0.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

IONQ vs. LAES — Risk / Return Rank

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

IONQ

IONQ Risk / Return Rank: 56
IONQ Sharpe Ratio Rank: 54
IONQ Sortino Ratio Rank: 63
IONQ Omega Ratio Rank: 57
IONQ Calmar Ratio Rank: 52
IONQ Martin Ratio Rank: 52

LAES

LAES Risk / Return Rank: 46
LAES Sharpe Ratio Rank: 42
LAES Sortino Ratio Rank: 54
LAES Omega Ratio Rank: 49
LAES Calmar Ratio Rank: 41
LAES Martin Ratio Rank: 43

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. LAES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IonQ, Inc. (IONQ) and SEALSQ Corp (LAES). 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	LAES	Difference
Sharpe ratio Return per unit of total volatility	0.32	0.01	+0.31
Sortino ratio Return per unit of downside risk	1.26	0.90	+0.36
Omega ratio Gain probability vs. loss probability	1.14	1.10	+0.04
Calmar ratio Return relative to maximum drawdown	0.39	-0.01	+0.39
Martin ratio Return relative to average drawdown	0.80	-0.01	+0.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IONQ vs. LAES - Sharpe Ratio Comparison

The current IONQ Sharpe Ratio is 0.32, which is higher than the LAES Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of IONQ and LAES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IONQ	LAES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	0.01	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	-0.30	+0.52

Correlation

The correlation between IONQ and LAES is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IONQ vs. LAES - Dividend Comparison

Neither IONQ nor LAES has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IONQ vs. LAES - Drawdown Comparison

The maximum IONQ drawdown since its inception was -90.00%, smaller than the maximum LAES drawdown of -98.44%. Use the drawdown chart below to compare losses from any high point for IONQ and LAES.

Drawdown Indicators

	IONQ	LAES	Difference
Max Drawdown Largest peak-to-trough decline	-90.00%	-98.44%	+8.44%
Max Drawdown (1Y) Largest decline over 1 year	-67.61%	-69.80%	+2.19%
Max Drawdown (5Y) Largest decline over 5 years	-90.00%	—	—
Current Drawdown Current decline from peak	-64.88%	-88.07%	+23.19%
Average Drawdown Average peak-to-trough decline	-51.36%	-84.57%	+33.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.67%	33.95%	-1.28%

Volatility

IONQ vs. LAES - Volatility Comparison

The current volatility for IonQ, Inc. (IONQ) is 16.38%, while SEALSQ Corp (LAES) has a volatility of 28.18%. This indicates that IONQ experiences smaller price fluctuations and is considered to be less risky than LAES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IONQ	LAES	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.38%	28.18%	-11.80%
Volatility (6M) Calculated over the trailing 6-month period	66.45%	84.54%	-18.09%
Volatility (1Y) Calculated over the trailing 1-year period	96.73%	110.64%	-13.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	98.06%	173.72%	-75.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.99%	173.72%	-76.73%

Financials