DUOT vs IONQ: Correlation
Duos Technologies Group, Inc. (DUOT) and IonQ, Inc. (IONQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUOT and IONQ?
Over the past 3 years, DUOT and IONQ moved with a correlation of 0.44, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.57 versus 0.44 over 3 years. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 3707.7 %².
IONQ is one of the assets that tracks DUOT most closely: it ranks #1 out of the 13 assets we track against DUOT. Correlation aside, the last 12 months split them widely, with DUOT ahead by 58.2 points (+60.7% versus +2.5%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DUOT vs IONQ: side by side
| DUOT (Duos Technologies Group, Inc.) | IONQ (IonQ, Inc.) | |
|---|---|---|
| 1-year return | +60.7% | +2.5% |
| 5-year return | +57.5% | +325.5% |
| Volatility (ann.) | 83.7% | 100.0% |
| Beta vs S&P 500 | 1.75 | 3.23 |
| Max drawdown (3Y) | -64.3% | -67.6% |
| Market cap | $0.3B | $17.2B |
| P/E (trailing) | 10.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DUOT | IONQ |
|---|---|---|
| 2022 | -61.0% | -79.3% |
| 2023 | +45.0% | +259.1% |
| 2024 | +106.2% | +237.1% |
| 2025 | +88.1% | +7.4% |
| 2026 | -8.4% | -5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUOT and IONQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DUOT and IONQ?
As of 2026-08-27, the correlation of weekly returns between DUOT and IONQ is 0.44 over 3 years, 0.57 over 1 year and 0.30 over 5 years.
Is IONQ a good diversifier for DUOT?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/duot-vs-ionq.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/duot-vs-ionq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DUOT correlations · IONQ correlations
