NNE vs. IONQ
NNE (NANO Nuclear Energy Inc.) and IONQ (IonQ, Inc.) are both stocks. NNE operates in Specialty Industrial Machinery (Industrials), while IONQ operates in Computer Hardware (Technology). Over the past year, NNE returned -41.39% vs 31.18% for IONQ. At a 0.48 correlation, their price movements are largely independent.
Performance
NNE vs. IONQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NNE achieves a -3.58% return, which is significantly lower than IONQ's 19.46% return.
NNE
- 1D
- -3.14%
- 1M
- -13.39%
- YTD
- -3.58%
- 6M
- -23.60%
- 1Y
- -41.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IONQ
- 1D
- -7.35%
- 1M
- -15.78%
- YTD
- 19.46%
- 6M
- 7.59%
- 1Y
- 31.18%
- 3Y*
- 78.84%
- 5Y*
- 38.84%
- 10Y*
- —
NNE vs. IONQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NNE NANO Nuclear Energy Inc. | -3.58% | -3.55% | 591.53% |
IONQ IonQ, Inc. | 19.46% | 7.42% | 384.01% |
Correlation
The correlation between NNE and IONQ is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since May 8, 2024 | 0.48 |
The correlation between NNE and IONQ shifts across timeframes, from 0.48 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NNE:
$1.20B
IONQ:
$19.90B
NNE:
-$202.05
IONQ:
$0.86
NNE:
0.00
IONQ:
4.00
NNE:
$0.00
IONQ:
$187.12M
NNE:
-$769.48K
IONQ:
$71.25M
NNE:
$14.05B
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
NNE vs. IONQ — Risk / Return Rank
NNE
IONQ
NNE vs. IONQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NANO Nuclear Energy Inc. (NNE) 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.
| NNE | IONQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.13 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 0.46 | -1.09 |
| Martin ratioReturn relative to average drawdown | -0.99 | 0.83 | -1.82 |
Loading charts...
Drawdowns
NNE vs. IONQ - Drawdown Comparison
The maximum NNE drawdown since its inception was -77.68%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for NNE and IONQ.
Loading charts...
Drawdown Indicators
| NNE | IONQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.68% | -90.00% | +12.32% |
Max Drawdown (1Y)Largest decline over 1 year | -66.45% | -67.61% | +1.16% |
Max Drawdown (3Y)Largest decline over 3 years | — | -67.61% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.00% | — |
Current DrawdownCurrent decline from peak | -59.12% | -34.71% | -24.41% |
Average DrawdownAverage peak-to-trough decline | -36.44% | -50.78% | +14.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.14% | 37.55% | +4.59% |
Volatility
NNE vs. IONQ - Volatility Comparison
NANO Nuclear Energy Inc. (NNE) has a higher volatility of 33.85% compared to IonQ, Inc. (IONQ) at 27.62%. This indicates that NNE's price experiences larger fluctuations and is considered to be riskier than IONQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NNE | IONQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.85% | 27.62% | +6.23% |
Volatility (6M)Calculated over the trailing 6-month period | 69.05% | 68.46% | +0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 98.28% | 94.09% | +4.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 150.88% | 100.74% | +50.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 150.88% | 97.46% | +53.42% |
Dividends
NNE vs. IONQ - Dividend Comparison
Neither NNE nor IONQ has paid dividends to shareholders.
Financials
NNE vs. IONQ - Financials Comparison
This section allows you to compare key financial metrics between NANO Nuclear Energy 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
NNE and IONQ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NNE has higher volatility (33.85%) compared to IONQ (27.62%). In terms of maximum drawdown, NNE dropped -77.68% vs IONQ's -90.00%.
IONQ currently has the higher Sharpe Ratio (0.33 vs -0.43), 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 NNE 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