SSRM vs. IONQ

Last updated Jun 13, 2026

SSRM (SSR Mining Inc.) and IONQ (IonQ, Inc.) are both stocks. SSRM operates in Gold (Basic Materials), while IONQ operates in Computer Hardware (Technology). Over the past 5 years, SSRM returned 9.84%/yr vs 40.49%/yr for IONQ. At a 0.18 correlation, their price movements are largely independent.

Performance

SSRM vs. IONQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SSR Mining Inc. (SSRM) and IonQ, Inc. (IONQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSRM achieves a 24.22% return, which is significantly lower than IONQ's 28.93% return.

SSRM

• 1D: 3.46%
• 1M: -21.64%
• YTD: 24.22%
• 6M: 22.60%
• 1Y: 119.07%
• 3Y*: 25.15%
• 5Y*: 9.84%
• 10Y*: 9.58%

IONQ

• 1D: -0.24%
• 1M: 4.69%
• YTD: 28.93%
• 6M: 14.90%
• 1Y: 49.44%
• 3Y*: 75.90%
• 5Y*: 40.49%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SSRM vs. IONQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SSRM SSR Mining Inc.	24.22%	214.94%	-35.32%	-29.94%	-10.02%	-10.90%
IONQ IonQ, Inc.	28.93%	7.42%	237.13%	259.13%	-79.34%	50.11%

Correlation

The correlation between SSRM and IONQ is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 4, 2021	0.18

Fundamentals

Market Cap SSRM : $5.93B IONQ : $21.48B
EPS SSRM : $3.27 IONQ : $0.86
PE Ratio SSRM : 8.34 IONQ : 67.11
PS Ratio SSRM : 3.11 IONQ : 99.37
PB Ratio SSRM : 1.34 IONQ : 4.32
Total Revenue (TTM) SSRM : $1.90B IONQ : $187.12M
Gross Profit (TTM) SSRM : $643.76M IONQ : $71.25M
EBITDA (TTM) SSRM : $835.27M IONQ : $405.86M

Return for Risk

SSRM vs. IONQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SSRM

SSRM Risk / Return Rank: 86
SSRM Sharpe Ratio Rank: 87
SSRM Sortino Ratio Rank: 82
SSRM Omega Ratio Rank: 82
SSRM Calmar Ratio Rank: 88
SSRM Martin Ratio Rank: 88

IONQ

IONQ Risk / Return Rank: 61
IONQ Sharpe Ratio Rank: 61
IONQ Sortino Ratio Rank: 66
IONQ Omega Ratio Rank: 62
IONQ Calmar Ratio Rank: 59
IONQ Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SSRM vs. IONQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM) 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.

	SSRM	IONQ	Difference
Sharpe ratio: Return per unit of total volatility	1.80	0.53	+1.26
Sortino ratio: Return per unit of downside risk	2.35	1.43	+0.92
Omega ratio: Gain probability vs. loss probability	1.30	1.16	+0.14
Calmar ratio: Return relative to maximum drawdown	3.83	0.73	+3.09
Martin ratio: Return relative to average drawdown	9.89	1.33	+8.55

SSRM vs. IONQ - Sharpe Ratio Comparison

The current SSRM Sharpe Ratio is 1.80, which is higher than the IONQ Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of SSRM and IONQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SSRM vs. IONQ - Drawdown Comparison

The maximum SSRM drawdown since its inception was -91.68%, roughly equal to the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for SSRM and IONQ.

Drawdown Indicators

	SSRM	IONQ	Difference
Max Drawdown Largest peak-to-trough decline	-91.68%	-90.00%	-1.68%
Max Drawdown (1Y) Largest decline over 1 year	-31.28%	-67.61%	+36.33%
Max Drawdown (3Y) Largest decline over 3 years	-73.41%	-67.61%	-5.80%
Max Drawdown (5Y) Largest decline over 5 years	-83.16%	-90.00%	+6.84%
Max Drawdown (10Y) Largest decline over 10 years	-83.16%	—	—
Current Drawdown Current decline from peak	-37.45%	-29.53%	-7.92%
Average Drawdown Average peak-to-trough decline	-57.15%	-50.88%	-6.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.09%	37.20%	-25.11%

Volatility

SSRM vs. IONQ - Volatility Comparison

The current volatility for SSR Mining Inc. (SSRM) is 19.31%, while IonQ, Inc. (IONQ) has a volatility of 31.60%. This indicates that SSRM 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.

Volatility by Period

	SSRM	IONQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.31%	31.60%	-12.29%
Volatility (6M) Calculated over the trailing 6-month period	54.27%	68.80%	-14.53%
Volatility (1Y) Calculated over the trailing 1-year period	66.63%	93.28%	-26.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.93%	100.48%	-44.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.96%	97.53%	-44.57%

Dividends

SSRM vs. IONQ - Dividend Comparison

Neither SSRM nor IONQ has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
IONQ IonQ, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SSRM SSR Mining Inc.	0.00%	0.00%	0.00%	2.60%	1.79%	1.13%

Financials

Frequently Asked Questions

Can I hold both SSRM and IONQ in my portfolio?

SSRM and IONQ have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSRM or IONQ?

IONQ has higher volatility (31.60%) compared to SSRM (19.31%). In terms of maximum drawdown, SSRM dropped -91.68% vs IONQ's -90.00%.

Which has better risk-adjusted returns?

SSRM currently has the higher Sharpe Ratio (1.80 vs 0.53), 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.