EVTL vs. JOBY

Last updated Jun 23, 2026

EVTL (Vertical Aerospace Ltd.) and JOBY (Joby Aviation, Inc.) are both stocks. Both are in the Industrials sector — EVTL in Aerospace & Defense, JOBY in Airports & Air Services. Over the past 3 years, EVTL returned -51.47%/yr vs 15.98%/yr for JOBY. At a 0.43 correlation, their price movements are largely independent.

Performance

EVTL vs. JOBY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vertical Aerospace Ltd. (EVTL) and Joby Aviation, Inc. (JOBY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVTL achieves a -60.98% return, which is significantly lower than JOBY's -25.30% return.

EVTL

• 1D: -3.26%
• 1M: -20.61%
• YTD: -60.98%
• 6M: -63.51%
• 1Y: -60.15%
• 3Y*: -51.47%
• 5Y*: —
• 10Y*: —

JOBY

• 1D: -1.40%
• 1M: -9.71%
• YTD: -25.30%
• 6M: -33.29%
• 1Y: 15.46%
• 3Y*: 15.98%
• 5Y*: —
• 10Y*: —

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

EVTL vs. JOBY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EVTL Vertical Aerospace Ltd.	-60.98%	-57.63%	82.85%	-79.71%	-49.63%	-25.06%
JOBY Joby Aviation, Inc.	-25.30%	62.36%	22.26%	98.51%	-54.11%	14.60%

Correlation

The correlation between EVTL and JOBY is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021	0.43

Over the past year, EVTL and JOBY have become more correlated (0.69) than their long-term average of 0.43, meaning their price movements have been converging.

Fundamentals

Market Cap EVTL : $296.40M JOBY : $9.30B
EPS EVTL : -£2.12 JOBY : -$1.10
Total Revenue (TTM) EVTL : £0.00 JOBY : $77.67M
Gross Profit (TTM) EVTL : -£11.01M JOBY : $8.72M
EBITDA (TTM) EVTL : -£389.72M JOBY : -$1.05B

Return for Risk

EVTL vs. JOBY — Risk / Return Rank

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

EVTL

EVTL Risk / Return Rank: 13
EVTL Sharpe Ratio Rank: 14
EVTL Sortino Ratio Rank: 16
EVTL Omega Ratio Rank: 18
EVTL Calmar Ratio Rank: 10
EVTL Martin Ratio Rank: 7

JOBY

JOBY Risk / Return Rank: 49
JOBY Sharpe Ratio Rank: 49
JOBY Sortino Ratio Rank: 54
JOBY Omega Ratio Rank: 50
JOBY Calmar Ratio Rank: 48
JOBY Martin Ratio Rank: 47

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.

EVTL vs. JOBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vertical Aerospace Ltd. (EVTL) and Joby Aviation, Inc. (JOBY). 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.

	EVTL	JOBY	Difference
Sharpe ratio: Return per unit of total volatility	-0.64	0.20	-0.83
Sortino ratio: Return per unit of downside risk	-0.70	0.91	-1.61
Omega ratio: Gain probability vs. loss probability	0.92	1.10	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.83	0.25	-1.09
Martin ratio: Return relative to average drawdown	-1.44	0.41	-1.85

EVTL vs. JOBY - Sharpe Ratio Comparison

The current EVTL Sharpe Ratio is -0.64, which is lower than the JOBY Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of EVTL and JOBY, 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

EVTL vs. JOBY - Drawdown Comparison

The maximum EVTL drawdown since its inception was -98.17%, which is greater than JOBY's maximum drawdown of -76.27%. Use the drawdown chart below to compare losses from any high point for EVTL and JOBY.

Drawdown Indicators

	EVTL	JOBY	Difference
Max Drawdown Largest peak-to-trough decline	-98.17%	-76.27%	-21.90%
Max Drawdown (1Y) Largest decline over 1 year	-72.25%	-61.06%	-11.19%
Max Drawdown (3Y) Largest decline over 3 years	-89.90%	-61.06%	-28.84%
Current Drawdown Current decline from peak	-98.12%	-51.64%	-46.48%
Average Drawdown Average peak-to-trough decline	-80.43%	-50.37%	-30.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.91%	37.56%	+4.35%

Volatility

EVTL vs. JOBY - Volatility Comparison

The current volatility for Vertical Aerospace Ltd. (EVTL) is 20.05%, while Joby Aviation, Inc. (JOBY) has a volatility of 23.89%. This indicates that EVTL experiences smaller price fluctuations and is considered to be less risky than JOBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVTL	JOBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.05%	23.89%	-3.84%
Volatility (6M) Calculated over the trailing 6-month period	61.83%	51.20%	+10.63%
Volatility (1Y) Calculated over the trailing 1-year period	95.14%	78.39%	+16.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	112.31%	80.67%	+31.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	112.31%	80.67%	+31.64%

Dividends

EVTL vs. JOBY - Dividend Comparison

Neither EVTL nor JOBY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both EVTL and JOBY in my portfolio?

EVTL and JOBY have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVTL or JOBY?

JOBY has higher volatility (23.89%) compared to EVTL (20.05%). In terms of maximum drawdown, EVTL dropped -98.17% vs JOBY's -76.27%.

Which has better risk-adjusted returns?

JOBY currently has the higher Sharpe Ratio (0.20 vs -0.64), 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.