IONQ vs. ^GSPC
Compare and contrast key facts about IonQ, Inc. (IONQ) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IONQ or ^GSPC.
Performance
IONQ vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, IONQ achieves a 156.66% return, which is significantly higher than ^GSPC's 25.15% return.
IONQ
156.66%
115.74%
277.22%
156.04%
N/A
N/A
^GSPC
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Key characteristics
| IONQ | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.79 | 2.53 |
| Sortino Ratio | 2.66 | 3.39 |
| Omega Ratio | 1.30 | 1.47 |
| Calmar Ratio | 1.98 | 3.65 |
| Martin Ratio | 4.16 | 16.21 |
| Ulcer Index | 37.47% | 1.91% |
| Daily Std Dev | 87.35% | 12.23% |
| Max Drawdown | -90.00% | -56.78% |
| Current Drawdown | -2.99% | -0.53% |
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Correlation
The correlation between IONQ and ^GSPC is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
IONQ vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IonQ, Inc. (IONQ) and S&P 500 (^GSPC). 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.
Drawdowns
IONQ vs. ^GSPC - Drawdown Comparison
The maximum IONQ drawdown since its inception was -90.00%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for IONQ and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
IONQ vs. ^GSPC - Volatility Comparison
IonQ, Inc. (IONQ) has a higher volatility of 45.83% compared to S&P 500 (^GSPC) at 3.97%. This indicates that IONQ's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.