WQTM vs. IONQ

Last updated Jun 24, 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

In the year-to-date period, WQTM achieves a 46.02% return, which is significantly higher than IONQ's 28.93% return.

WQTM

• 1D: -0.16%
• 1M: -1.36%
• YTD: 46.02%
• 6M: 40.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IONQ

• 1D: -0.81%
• 1M: -9.10%
• YTD: 28.93%
• 6M: 12.57%
• 1Y: 40.62%
• 3Y*: 83.45%
• 5Y*: 41.22%
• 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	46.02%	-13.35%
IONQ IonQ, Inc.	28.93%	-39.61%

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 9, 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.

WQTM

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

IONQ

IONQ Risk / Return Rank: 58
IONQ Sharpe Ratio Rank: 58
IONQ Sortino Ratio Rank: 63
IONQ Omega Ratio Rank: 58
IONQ Calmar Ratio Rank: 57
IONQ Martin Ratio Rank: 55

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.

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.

	WQTM	IONQ	Difference
Sharpe ratio: Return per unit of total volatility	—	0.44	—
Sortino ratio: Return per unit of downside risk	—	1.32	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	0.60	—
Martin ratio: Return relative to average drawdown	—	1.09	—

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	-8.52%	-29.53%	+21.01%
Average Drawdown Average peak-to-trough decline	-11.57%	-50.79%	+39.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.49%	—

Volatility

Volatility by Period

	WQTM	IONQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	68.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	43.37%	93.80%	-50.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.37%	100.68%	-57.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.37%	97.44%	-54.07%

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.