KMT vs. IONQ
KMT (Kennametal Inc.) and IONQ (IonQ, Inc.) are both stocks. KMT operates in Tools & Accessories (Industrials), while IONQ operates in Computer Hardware (Technology). Over the past 5 years, KMT returned 1.67%/yr vs 29.72%/yr for IONQ. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
KMT vs. IONQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KMT achieves a 20.81% return, which is significantly higher than IONQ's -18.79% return.
KMT
- 1D
- 1.95%
- 1M
- 1.43%
- 6M
- -0.20%
- YTD
- 20.81%
- 1Y
- 43.39%
- 3Y*
- 8.86%
- 5Y*
- 1.67%
- 10Y*
- 5.73%
- ALL TIME*
- 6.82%
IONQ
- 1D
- 1.87%
- 1M
- -25.81%
- 6M
- -8.85%
- YTD
- -18.79%
- 1Y
- -4.41%
- 3Y*
- 22.42%
- 5Y*
- 29.72%
- 10Y*
- —
- ALL TIME*
- 23.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
IONQ IonQ, Inc. | $680.39M | $717.71M | $1.44B |
| $30.68M | $29.46M | $44.86M |
KMT vs. IONQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KMT Kennametal Inc. | 20.81% | 22.58% | -3.95% | 10.48% | -30.97% | 1.20% |
IONQ IonQ, Inc. | -18.79% | 7.42% | 237.13% | 259.13% | -79.34% | 50.11% |
Correlation
The correlation between KMT and IONQ is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2021 | 0.28 |
The correlation between KMT and IONQ shifts across timeframes, from 0.13 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
KMT:
$2.59B
IONQ:
$13.60B
KMT:
$1.78
IONQ:
$0.80
KMT:
19.10
IONQ:
45.36
KMT:
1.22
IONQ:
67.17
KMT:
1.88
IONQ:
2.72
KMT:
$2.14B
IONQ:
$187.12M
KMT:
$682.06M
IONQ:
$71.25M
KMT:
$249.28M
IONQ:
$405.86M
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
KMT vs. IONQ — Risk / Return Rank
KMT
IONQ
KMT vs. IONQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kennametal Inc. (KMT) and IonQ, Inc. (IONQ). 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.
| KMT | IONQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | -0.13 | +1.70 |
| Martin ratioReturn relative to average drawdown | 3.23 | -0.21 | +3.44 |
Loading charts...
Drawdowns
KMT vs. IONQ - Drawdown Comparison
The maximum KMT drawdown since its inception was -70.10%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for KMT and IONQ.
Loading charts...
Drawdown Indicators
| KMT | IONQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.10% | -90.00% | +19.90% |
Max Drawdown (1Y)Largest decline over 1 year | -26.25% | -67.61% | +41.36% |
Max Drawdown (3Y)Largest decline over 3 years | -42.95% | -67.61% | +24.66% |
Max Drawdown (5Y)Largest decline over 5 years | -52.70% | -90.00% | +37.30% |
Max Drawdown (10Y)Largest decline over 10 years | -69.28% | — | — |
Current DrawdownCurrent decline from peak | -21.07% | -55.61% | +34.54% |
Average DrawdownAverage peak-to-trough decline | -24.54% | -50.76% | +26.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.77% | 40.77% | -28.00% |
Volatility
KMT vs. IONQ - Volatility Comparison
The current volatility for Kennametal Inc. (KMT) is 10.09%, while IonQ, Inc. (IONQ) has a volatility of 23.28%. This indicates that KMT experiences smaller price fluctuations and is considered to be less risky than IONQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KMT | IONQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.09% | 23.28% | -13.19% |
Volatility (6M)Calculated over the trailing 6-month period | 35.14% | 69.41% | -34.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.88% | 94.92% | -48.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.17% | 101.41% | -64.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.91% | 97.23% | -56.32% |
Dividends
KMT vs. IONQ - Dividend Comparison
KMT's dividend yield for the trailing twelve months is around 2.36%, while IONQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IONQ IonQ, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KMT Kennametal Inc. | 2.36% | 2.82% | 3.33% | 3.10% | 3.33% | 2.23% | 2.21% | 2.17% | 2.40% | 1.65% | 2.56% | 3.96% |
Financials
KMT vs. IONQ - Financials Comparison
This section allows you to compare key financial metrics between Kennametal Inc. and IonQ, 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
KMT and IONQ have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IONQ has higher volatility (23.28%) compared to KMT (10.09%). In terms of maximum drawdown, KMT dropped -70.10% vs IONQ's -90.00%.
KMT currently has the higher Sharpe Ratio (0.88 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 KMT and IONQ
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