JBL vs. NEOV

Last updated Jun 9, 2026

JBL (Jabil Inc.) and NEOV (NeoVolta Inc. Common Stock) are both stocks. JBL operates in Electronic Components (Technology), while NEOV operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, JBL returned 45.20%/yr vs -22.17%/yr for NEOV. At a 0.14 correlation, their price movements are largely independent.

Performance

JBL vs. NEOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jabil Inc. (JBL) and NeoVolta Inc. Common Stock (NEOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JBL achieves a 59.70% return, which is significantly higher than NEOV's -35.20% return.

JBL

• 1D: 3.03%
• 1M: 2.50%
• YTD: 59.70%
• 6M: 61.54%
• 1Y: 106.33%
• 3Y*: 57.02%
• 5Y*: 45.20%
• 10Y*: 35.40%

NEOV

• 1D: 0.51%
• 1M: -25.38%
• YTD: -35.20%
• 6M: -43.39%
• 1Y: -35.62%
• 3Y*: -13.27%
• 5Y*: -22.17%
• 10Y*: —

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

JBL vs. NEOV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JBL Jabil Inc.	59.70%	58.73%	13.25%	87.43%	-2.55%	66.40%	38.70%
NEOV NeoVolta Inc. Common Stock	-35.20%	-41.65%	225.62%	-42.65%	-60.20%	60.78%	237.98%

Correlation

The correlation between JBL and NEOV is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.14

Fundamentals

Market Cap JBL : $39.16B NEOV : $79.17M
EPS JBL : $7.47 NEOV : -$0.32
PS Ratio JBL : 1.21 NEOV : 4.40
PB Ratio JBL : 29.14 NEOV : 3.57
Total Revenue (TTM) JBL : $32.67B NEOV : $16.05M
Gross Profit (TTM) JBL : $2.95B NEOV : $3.74M
EBITDA (TTM) JBL : $1.55B NEOV : -$9.07M

Return for Risk

JBL vs. NEOV — Risk / Return Rank

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

JBL

JBL Risk / Return Rank: 91
JBL Sharpe Ratio Rank: 93
JBL Sortino Ratio Rank: 88
JBL Omega Ratio Rank: 88
JBL Calmar Ratio Rank: 94
JBL Martin Ratio Rank: 94

NEOV

NEOV Risk / Return Rank: 31
NEOV Sharpe Ratio Rank: 30
NEOV Sortino Ratio Rank: 40
NEOV Omega Ratio Rank: 40
NEOV Calmar Ratio Rank: 25
NEOV Martin Ratio Rank: 22

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.

JBL vs. NEOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jabil Inc. (JBL) and NeoVolta Inc. Common Stock (NEOV). 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.

	JBL	NEOV	Difference
Sharpe ratio: Return per unit of total volatility	2.56	-0.29	+2.86
Sortino ratio: Return per unit of downside risk	2.94	0.37	+2.58
Omega ratio: Gain probability vs. loss probability	1.39	1.05	+0.34
Calmar ratio: Return relative to maximum drawdown	5.99	-0.49	+6.47
Martin ratio: Return relative to average drawdown	15.50	-1.00	+16.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JBL vs. NEOV - Sharpe Ratio Comparison

The current JBL Sharpe Ratio is 2.56, which is higher than the NEOV Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of JBL and NEOV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JBL	NEOV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	-0.29	+2.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.20	-0.24	+1.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.08	+0.29

Drawdowns

JBL vs. NEOV - Drawdown Comparison

The maximum JBL drawdown since its inception was -94.92%, which is greater than NEOV's maximum drawdown of -90.38%. Use the drawdown chart below to compare losses from any high point for JBL and NEOV.

Drawdown Indicators

	JBL	NEOV	Difference
Max Drawdown Largest peak-to-trough decline	-94.92%	-90.38%	-4.54%
Max Drawdown (1Y) Largest decline over 1 year	-17.86%	-73.60%	+55.74%
Max Drawdown (3Y) Largest decline over 3 years	-36.83%	-84.32%	+47.49%
Max Drawdown (5Y) Largest decline over 5 years	-36.83%	-90.38%	+53.55%
Max Drawdown (10Y) Largest decline over 10 years	-57.34%	—	—
Current Drawdown Current decline from peak	-4.29%	-72.52%	+68.23%
Average Drawdown Average peak-to-trough decline	-44.52%	-38.92%	-5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.89%	35.68%	-28.79%

Volatility

JBL vs. NEOV - Volatility Comparison

The current volatility for Jabil Inc. (JBL) is 13.15%, while NeoVolta Inc. Common Stock (NEOV) has a volatility of 71.79%. This indicates that JBL experiences smaller price fluctuations and is considered to be less risky than NEOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JBL	NEOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.15%	71.79%	-58.64%
Volatility (6M) Calculated over the trailing 6-month period	32.41%	102.83%	-70.42%
Volatility (1Y) Calculated over the trailing 1-year period	41.78%	121.65%	-79.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.80%	93.71%	-55.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.12%	86.56%	-49.44%

Dividends

JBL vs. NEOV - Dividend Comparison

JBL's dividend yield for the trailing twelve months is around 0.09%, while NEOV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JBL Jabil Inc.	0.09%	0.14%	0.22%	0.25%	0.47%	0.45%	0.75%	0.77%	1.29%	1.22%	1.35%	1.37%
NEOV NeoVolta Inc. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both JBL and NEOV in my portfolio?

JBL and NEOV have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JBL or NEOV?

NEOV has higher volatility (71.79%) compared to JBL (13.15%). In terms of maximum drawdown, JBL dropped -94.92% vs NEOV's -90.38%.

Which has better risk-adjusted returns?

JBL currently has the higher Sharpe Ratio (2.56 vs -0.29), 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.