IONQ vs. STRD

Last updated Jun 16, 2026

IONQ (IonQ, Inc.) and STRD (MicroStrategy Incorporated) are both stocks. Both are in the Technology sector — IONQ in Computer Hardware, STRD in Software - Application. At a 0.06 correlation, their price movements are largely independent.

Performance

IONQ vs. STRD - Performance Comparison

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

Returns By Period

IONQ

• 1D: 5.76%
• 1M: 17.77%
• YTD: 36.35%
• 6M: 32.80%
• 1Y: 61.68%
• 3Y*: 84.76%
• 5Y*: 42.45%
• 10Y*: —

STRD

• 1D: -4.57%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IONQ vs. STRD - Yearly Performance Comparison

	2026 (YTD)
IONQ IonQ, Inc.	-6.45%
STRD MicroStrategy Incorporated	-6.53%

Correlation

The correlation between IONQ and STRD is 0.06, 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 (All Time) Calculated using the full available price history since May 28, 2026	0.06

Fundamentals

Market Cap IONQ : $22.71B STRD : $22.78B
EPS IONQ : $0.86 STRD : -$38.95
PS Ratio IONQ : 105.09 STRD : 43.47
PB Ratio IONQ : 4.56 STRD : 0.62
Total Revenue (TTM) IONQ : $187.12M STRD : $490.47M
Gross Profit (TTM) IONQ : $71.25M STRD : $334.08M
EBITDA (TTM) IONQ : $405.86M STRD : $520.73M

Return for Risk

IONQ vs. STRD — Risk / Return Rank

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

IONQ

IONQ Risk / Return Rank: 64
IONQ Sharpe Ratio Rank: 65
IONQ Sortino Ratio Rank: 69
IONQ Omega Ratio Rank: 64
IONQ Calmar Ratio Rank: 62
IONQ Martin Ratio Rank: 59

STRD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. STRD - Risk-Adjusted Trends Comparison

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

	IONQ	STRD	Difference
Sharpe ratio: Return per unit of total volatility	0.66	—	—
Sortino ratio: Return per unit of downside risk	1.57	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	0.92	—	—
Martin ratio: Return relative to average drawdown	1.66	—	—

Drawdowns

IONQ vs. STRD - Drawdown Comparison

The maximum IONQ drawdown since its inception was -90.00%, which is greater than STRD's maximum drawdown of -7.26%. Use the drawdown chart below to compare losses from any high point for IONQ and STRD.

Drawdown Indicators

	IONQ	STRD	Difference
Max Drawdown Largest peak-to-trough decline	-90.00%	-7.26%	-82.74%
Max Drawdown (1Y) Largest decline over 1 year	-67.61%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-67.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-90.00%	—	—
Current Drawdown Current decline from peak	-25.47%	-6.53%	-18.94%
Average Drawdown Average peak-to-trough decline	-50.86%	-4.51%	-46.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.23%	—	—

Volatility

Volatility by Period

	IONQ	STRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	69.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	93.54%	37.84%	+55.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.55%	37.84%	+62.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.52%	37.84%	+59.68%

Dividends

IONQ vs. STRD - Dividend Comparison

Neither IONQ nor STRD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both IONQ and STRD in my portfolio?

IONQ and STRD have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.