JOBY vs. ACHR
JOBY (Joby Aviation, Inc.) and ACHR (Archer Aviation Inc.) are both stocks. Both are in the Industrials sector — JOBY in Airports & Air Services, ACHR in Aerospace & Defense. Over the past 3 years, JOBY returned -8.33%/yr vs 1.83%/yr for ACHR. A 0.71 correlation means they provide meaningful diversification when combined.
Performance
JOBY vs. ACHR - Performance Comparison
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Returns By Period
In the year-to-date period, JOBY achieves a -41.52% return, which is significantly lower than ACHR's -37.10% return.
JOBY
- 1D
- -3.38%
- 1M
- -15.63%
- 6M
- -49.84%
- YTD
- -41.52%
- 1Y
- -35.88%
- 3Y*
- -8.33%
- 5Y*
- —
- 10Y*
- —
ACHR
- 1D
- -2.47%
- 1M
- -6.89%
- 6M
- -46.31%
- YTD
- -37.10%
- 1Y
- -55.00%
- 3Y*
- 1.83%
- 5Y*
- —
- 10Y*
- —
JOBY vs. ACHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JOBY Joby Aviation, Inc. | -41.52% | 62.36% | 22.26% | 98.51% | -54.11% | -15.12% |
ACHR Archer Aviation Inc. | -37.10% | -22.87% | 58.79% | 228.34% | -69.04% | -38.99% |
Correlation
The correlation between JOBY and ACHR is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2021 | 0.71 |
The correlation between JOBY and ACHR shifts across timeframes, from 0.71 (all time) to 0.83 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
JOBY:
$7.59B
ACHR:
$3.59B
JOBY:
-$1.07
ACHR:
-$1.25
JOBY:
88.88
ACHR:
1.48K
JOBY:
3.72
ACHR:
1.74
JOBY:
$77.67M
ACHR:
$1.90M
JOBY:
$8.72M
ACHR:
$300.00K
JOBY:
-$1.05B
ACHR:
-$712.00M
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Return for Risk
JOBY vs. ACHR — Risk / Return Rank
JOBY
ACHR
JOBY vs. ACHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and Archer Aviation Inc. (ACHR). 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.
| JOBY | ACHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.87 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.60 | -0.86 | +0.25 |
| Martin ratioReturn relative to average drawdown | -0.94 | -1.27 | +0.33 |
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Drawdowns
JOBY vs. ACHR - Drawdown Comparison
The maximum JOBY drawdown since its inception was -76.27%, smaller than the maximum ACHR drawdown of -83.54%. Use the drawdown chart below to compare losses from any high point for JOBY and ACHR.
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Drawdown Indicators
| JOBY | ACHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.27% | -83.54% | +7.27% |
Max Drawdown (1Y)Largest decline over 1 year | -62.14% | -65.69% | +3.55% |
Max Drawdown (3Y)Largest decline over 3 years | -62.14% | -65.69% | +3.55% |
Current DrawdownCurrent decline from peak | -62.14% | -65.32% | +3.18% |
Average DrawdownAverage peak-to-trough decline | -50.45% | -49.82% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.78% | 44.21% | -4.43% |
Volatility
JOBY vs. ACHR - Volatility Comparison
The current volatility for Joby Aviation, Inc. (JOBY) is 18.54%, while Archer Aviation Inc. (ACHR) has a volatility of 20.45%. This indicates that JOBY experiences smaller price fluctuations and is considered to be less risky than ACHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOBY | ACHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.54% | 20.45% | -1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 49.96% | 45.50% | +4.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.83% | 69.32% | +7.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.49% | 86.25% | -5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.49% | 86.25% | -5.76% |
Dividends
JOBY vs. ACHR - Dividend Comparison
Neither JOBY nor ACHR has paid dividends to shareholders.
Financials
JOBY vs. ACHR - Financials Comparison
This section allows you to compare key financial metrics between Joby Aviation, Inc. and Archer Aviation 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 ACHR have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACHR has higher volatility (20.45%) compared to JOBY (18.54%). In terms of maximum drawdown, JOBY dropped -76.27% vs ACHR's -83.54%.
JOBY currently has the higher Sharpe Ratio (-0.49 vs -0.81), 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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