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QTUM vs. IONQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


QTUMIONQ
YTD Return17.12%-33.17%
1Y Return31.86%-17.20%
3Y Return (Ann)10.87%-6.06%
Sharpe Ratio1.95-0.14
Daily Std Dev18.56%81.92%
Max Drawdown-38.45%-90.00%
Current Drawdown0.00%-73.29%

Correlation

-0.50.00.51.00.6

The correlation between QTUM and IONQ is 0.58, 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.

Performance

QTUM vs. IONQ - Performance Comparison

In the year-to-date period, QTUM achieves a 17.12% return, which is significantly higher than IONQ's -33.17% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%60.00%December2024FebruaryMarchAprilMay
56.54%
-23.33%
QTUM
IONQ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Defiance Quantum ETF

IonQ, Inc.

Risk-Adjusted Performance

QTUM vs. IONQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) 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.


QTUM
Sharpe ratio
The chart of Sharpe ratio for QTUM, currently valued at 1.95, compared to the broader market0.002.004.006.001.95
Sortino ratio
The chart of Sortino ratio for QTUM, currently valued at 2.69, compared to the broader market0.005.0010.002.69
Omega ratio
The chart of Omega ratio for QTUM, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for QTUM, currently valued at 1.85, compared to the broader market0.005.0010.0015.001.85
Martin ratio
The chart of Martin ratio for QTUM, currently valued at 5.96, compared to the broader market0.0020.0040.0060.0080.00100.005.96
IONQ
Sharpe ratio
The chart of Sharpe ratio for IONQ, currently valued at -0.14, compared to the broader market0.002.004.006.00-0.14
Sortino ratio
The chart of Sortino ratio for IONQ, currently valued at 0.39, compared to the broader market0.005.0010.000.39
Omega ratio
The chart of Omega ratio for IONQ, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.04
Calmar ratio
The chart of Calmar ratio for IONQ, currently valued at -0.15, compared to the broader market0.005.0010.0015.00-0.15
Martin ratio
The chart of Martin ratio for IONQ, currently valued at -0.30, compared to the broader market0.0020.0040.0060.0080.00100.00-0.30

QTUM vs. IONQ - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 1.95, which is higher than the IONQ Sharpe Ratio of -0.14. The chart below compares the 12-month rolling Sharpe Ratio of QTUM and IONQ.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00December2024FebruaryMarchAprilMay
1.95
-0.14
QTUM
IONQ

Dividends

QTUM vs. IONQ - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.72%, while IONQ has not paid dividends to shareholders.


TTM202320222021202020192018
QTUM
Defiance Quantum ETF
0.72%0.81%1.46%0.48%0.45%0.61%0.21%
IONQ
IonQ, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QTUM vs. IONQ - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for QTUM and IONQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%December2024FebruaryMarchAprilMay0
-73.29%
QTUM
IONQ

Volatility

QTUM vs. IONQ - Volatility Comparison

The current volatility for Defiance Quantum ETF (QTUM) is 4.90%, while IonQ, Inc. (IONQ) has a volatility of 15.66%. This indicates that QTUM 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.


5.00%10.00%15.00%20.00%25.00%December2024FebruaryMarchAprilMay
4.90%
15.66%
QTUM
IONQ