JOBY vs. AAPL
JOBY (Joby Aviation, Inc.) and AAPL (Apple Inc) are both stocks. JOBY operates in Airports & Air Services (Industrials), while AAPL operates in Consumer Electronics (Technology). Over the past 3 years, JOBY returned 22.98%/yr vs 20.68%/yr for AAPL. At a 0.30 correlation, their price movements are largely independent.
Performance
JOBY vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, JOBY achieves a -15.61% return, which is significantly lower than AAPL's 14.69% return.
JOBY
- 1D
- -2.54%
- 1M
- 28.34%
- YTD
- -15.61%
- 6M
- -29.31%
- 1Y
- 41.55%
- 3Y*
- 22.98%
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- 0.31%
- 1M
- 9.62%
- YTD
- 14.69%
- 6M
- 11.08%
- 1Y
- 54.06%
- 3Y*
- 20.68%
- 5Y*
- 20.46%
- 10Y*
- 30.07%
JOBY vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JOBY Joby Aviation, Inc. | -15.61% | 62.36% | 22.26% | 98.51% | -54.11% | -45.52% |
AAPL Apple Inc | 14.69% | 9.05% | 30.71% | 49.01% | -26.40% | 21.92% |
Correlation
The correlation between JOBY and AAPL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2021 | 0.30 |
The correlation between JOBY and AAPL shifts across timeframes, from 0.17 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
JOBY:
$10.51B
AAPL:
$4.60T
JOBY:
-$1.10
AAPL:
$8.24
JOBY:
124.76
AAPL:
10.26
JOBY:
5.37
AAPL:
43.16
JOBY:
$77.67M
AAPL:
$451.44B
JOBY:
$8.72M
AAPL:
$216.07B
JOBY:
-$1.05B
AAPL:
$153.63B
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Return for Risk
JOBY vs. AAPL — Risk / Return Rank
JOBY
AAPL
JOBY vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and Apple Inc (AAPL). 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.
| JOBY | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.44 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 3.94 | -3.25 |
| Martin ratioReturn relative to average drawdown | 1.16 | 9.91 | -8.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JOBY | AAPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 2.44 | -1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.75 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.44 | -0.49 |
Drawdowns
JOBY vs. AAPL - Drawdown Comparison
The maximum JOBY drawdown since its inception was -76.27%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for JOBY and AAPL.
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Drawdown Indicators
| JOBY | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.27% | -81.80% | +5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -61.06% | -13.80% | -47.26% |
Max Drawdown (3Y)Largest decline over 3 years | -61.06% | -33.36% | -27.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.52% | — |
Current DrawdownCurrent decline from peak | -45.37% | -1.26% | -44.11% |
Average DrawdownAverage peak-to-trough decline | -50.39% | -29.61% | -20.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.90% | 5.47% | +30.43% |
Volatility
JOBY vs. AAPL - Volatility Comparison
Joby Aviation, Inc. (JOBY) has a higher volatility of 26.03% compared to Apple Inc (AAPL) at 5.01%. This indicates that JOBY's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOBY | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.03% | 5.01% | +21.02% |
Volatility (6M)Calculated over the trailing 6-month period | 49.27% | 15.88% | +33.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.34% | 22.31% | +56.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.70% | 27.45% | +52.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.70% | 28.89% | +50.81% |
Dividends
JOBY vs. AAPL - Dividend Comparison
JOBY has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.34% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
JOBY Joby Aviation, Inc. | 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
JOBY vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Joby Aviation, Inc. and Apple Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
JOBY and AAPL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JOBY has higher volatility (26.03%) compared to AAPL (5.01%). In terms of maximum drawdown, JOBY dropped -76.27% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.44 vs 0.53), 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.
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