OKLO vs. IONQ
OKLO (Oklo Inc.) and IONQ (IonQ, Inc.) are both stocks. OKLO operates in Utilities - Independent Power Producers (Utilities), while IONQ operates in Computer Hardware (Technology). Over the past 3 years, OKLO returned 75.64%/yr vs 75.90%/yr for IONQ. At a 0.34 correlation, their price movements are largely independent.
Performance
OKLO vs. IONQ - Performance Comparison
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Returns By Period
In the year-to-date period, OKLO achieves a -19.89% return, which is significantly lower than IONQ's 28.93% return.
OKLO
- 1D
- -0.64%
- 1M
- -17.47%
- YTD
- -19.89%
- 6M
- -34.24%
- 1Y
- -10.84%
- 3Y*
- 75.64%
- 5Y*
- —
- 10Y*
- —
IONQ
- 1D
- -0.24%
- 1M
- 4.69%
- YTD
- 28.93%
- 6M
- 14.90%
- 1Y
- 49.44%
- 3Y*
- 75.90%
- 5Y*
- 40.49%
- 10Y*
- —
OKLO vs. IONQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
OKLO Oklo Inc. | -19.89% | 238.01% | 101.04% | 6.45% | 0.71% | -1.50% |
IONQ IonQ, Inc. | 28.93% | 7.42% | 237.13% | 259.13% | -79.34% | 59.96% |
Correlation
The correlation between OKLO and IONQ is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2021 | 0.34 |
Over the past year, OKLO and IONQ have become more correlated (0.62) than their long-term average of 0.34, meaning their price movements have been converging.
Fundamentals
OKLO:
$9.79B
IONQ:
$21.48B
OKLO:
-$0.85
IONQ:
$0.86
OKLO:
3.71
IONQ:
4.32
OKLO:
$0.00
IONQ:
$187.12M
OKLO:
-$149.00K
IONQ:
$71.25M
OKLO:
-$172.42M
IONQ:
$405.86M
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Return for Risk
OKLO vs. IONQ — Risk / Return Rank
OKLO
IONQ
OKLO vs. IONQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oklo Inc. (OKLO) 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.
| OKLO | IONQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.16 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 0.73 | -0.88 |
| Martin ratioReturn relative to average drawdown | -0.24 | 1.33 | -1.57 |
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Drawdowns
OKLO vs. IONQ - Drawdown Comparison
The maximum OKLO drawdown since its inception was -73.83%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for OKLO and IONQ.
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Drawdown Indicators
| OKLO | IONQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.83% | -90.00% | +16.17% |
Max Drawdown (1Y)Largest decline over 1 year | -73.83% | -67.61% | -6.22% |
Max Drawdown (3Y)Largest decline over 3 years | -73.83% | -67.61% | -6.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.00% | — |
Current DrawdownCurrent decline from peak | -66.99% | -29.53% | -37.46% |
Average DrawdownAverage peak-to-trough decline | -18.13% | -50.88% | +32.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.70% | 37.20% | +8.50% |
Volatility
OKLO vs. IONQ - Volatility Comparison
The current volatility for Oklo Inc. (OKLO) is 27.86%, while IonQ, Inc. (IONQ) has a volatility of 31.60%. This indicates that OKLO 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.
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Volatility by Period
| OKLO | IONQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.86% | 31.60% | -3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 69.66% | 68.80% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 101.88% | 93.28% | +8.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.88% | 100.48% | -14.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.88% | 97.53% | -11.65% |
Dividends
OKLO vs. IONQ - Dividend Comparison
Neither OKLO nor IONQ has paid dividends to shareholders.
Financials
OKLO vs. IONQ - Financials Comparison
This section allows you to compare key financial metrics between Oklo 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
OKLO and IONQ have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IONQ has higher volatility (31.60%) compared to OKLO (27.86%). In terms of maximum drawdown, OKLO dropped -73.83% vs IONQ's -90.00%.
IONQ currently has the higher Sharpe Ratio (0.53 vs -0.11), 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.
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