IBM vs IONQ: returns, Sharpe ratio and drawdown

Over the past year, IBM returned -18.16% against -47.81% for IONQ. Over five years, IONQ averaged +15.88% a year, compared with +14.28% for IBM. IBM had the higher Sharpe ratio over the past year (-0.25 vs -0.31), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -37.50% for IBM and -57.66% for IONQ.