WQTM vs. IONQ

Last updated Jun 4, 2026

WQTM (WisdomTree Quantum Computing Fund) is Technology Equities fund actively managed by WisdomTree, while IONQ (IonQ, Inc.) is a stock. Their correlation of 0.82 suggests significant overlap in exposure.

Performance

WQTM vs. IONQ - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with WQTM having a 53.55% return and IONQ slightly lower at 52.06%.

WQTM

• 1D: -3.80%
• 1M: 23.76%
• YTD: 53.55%
• 6M: 48.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IONQ

• 1D: -4.44%
• 1M: 49.14%
• YTD: 52.06%
• 6M: 40.25%
• 1Y: 71.39%
• 3Y*: 94.87%
• 5Y*: 46.53%
• 10Y*: —

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

WQTM vs. IONQ - Yearly Performance Comparison

	2026 (YTD)	2025
WQTM WisdomTree Quantum Computing Fund	53.55%	-14.56%
IONQ IonQ, Inc.	52.06%	-42.10%

Correlation

The correlation between WQTM and IONQ is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 10, 2025	0.82

Return for Risk

WQTM vs. IONQ — Risk / Return Rank

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

IONQ

IONQ Risk / Return Rank: 64
IONQ Sharpe Ratio Rank: 65
IONQ Sortino Ratio Rank: 69
IONQ Omega Ratio Rank: 63
IONQ Calmar Ratio Rank: 62
IONQ Martin Ratio Rank: 59

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.

WQTM vs. IONQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Quantum Computing Fund (WQTM) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WQTM	IONQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.78	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	0.42	+0.84

Drawdowns

WQTM vs. IONQ - Drawdown Comparison

The maximum WQTM drawdown since its inception was -26.13%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for WQTM and IONQ.

Drawdown Indicators

	WQTM	IONQ	Difference
Max Drawdown Largest peak-to-trough decline	-26.13%	-90.00%	+63.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-67.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-67.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.00%	—
Current Drawdown Current decline from peak	-3.80%	-16.88%	+13.08%
Average Drawdown Average peak-to-trough decline	-11.75%	-51.03%	+39.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	36.91%	—

Volatility

Volatility by Period

	WQTM	IONQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	30.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	67.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.98%	91.60%	-49.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.98%	100.10%	-58.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.98%	97.40%	-55.42%

Dividends

WQTM vs. IONQ - Dividend Comparison

Neither WQTM nor IONQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WQTM and IONQ in my portfolio?

WQTM and IONQ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.