JOBY vs. BBAI

Last updated Jun 9, 2026

JOBY (Joby Aviation, Inc.) and BBAI (BigBear.ai Holdings, Inc.) are both stocks. JOBY operates in Airports & Air Services (Industrials), while BBAI operates in Information Technology Services (Technology). Over the past 3 years, JOBY returned 11.70%/yr vs 28.32%/yr for BBAI. At a 0.38 correlation, their price movements are largely independent.

Performance

JOBY vs. BBAI - Performance Comparison

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

Returns By Period

In the year-to-date period, JOBY achieves a -26.52% return, which is significantly lower than BBAI's -20.19% return.

JOBY

• 1D: 1.57%
• 1M: -10.76%
• YTD: -26.52%
• 6M: -37.46%
• 1Y: 19.46%
• 3Y*: 11.70%
• 5Y*: —
• 10Y*: —

BBAI

• 1D: 2.62%
• 1M: 3.11%
• YTD: -20.19%
• 6M: -34.30%
• 1Y: 11.95%
• 3Y*: 28.32%
• 5Y*: —
• 10Y*: —

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

JOBY vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JOBY Joby Aviation, Inc.	-26.52%	62.36%	22.26%	98.51%	-54.11%	11.96%
BBAI BigBear.ai Holdings, Inc.	-20.19%	21.35%	107.94%	217.65%	-88.10%	-27.90%

Correlation

The correlation between JOBY and BBAI is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021	0.38

Over the past year, JOBY and BBAI have become more correlated (0.65) than their long-term average of 0.38, meaning their price movements have been converging.

Fundamentals

Market Cap JOBY : $9.15B BBAI : $20.39B
EPS JOBY : -$1.10 BBAI : -$0.13
PS Ratio JOBY : 108.63 BBAI : 76.89
PB Ratio JOBY : 4.67 BBAI : 25.80
Total Revenue (TTM) JOBY : $77.67M BBAI : $127.35M
Gross Profit (TTM) JOBY : $8.72M BBAI : $32.81M
EBITDA (TTM) JOBY : -$1.05B BBAI : -$230.18M

Return for Risk

JOBY vs. BBAI — Risk / Return Rank

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

JOBY

JOBY Risk / Return Rank: 51
JOBY Sharpe Ratio Rank: 51
JOBY Sortino Ratio Rank: 56
JOBY Omega Ratio Rank: 52
JOBY Calmar Ratio Rank: 50
JOBY Martin Ratio Rank: 49

BBAI

BBAI Risk / Return Rank: 49
BBAI Sharpe Ratio Rank: 46
BBAI Sortino Ratio Rank: 55
BBAI Omega Ratio Rank: 51
BBAI Calmar Ratio Rank: 47
BBAI Martin Ratio Rank: 46

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.

JOBY vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and BigBear.ai Holdings, Inc. (BBAI). 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	BBAI	Difference
Sharpe ratio: Return per unit of total volatility	0.25	0.12	+0.12
Sortino ratio: Return per unit of downside risk	0.99	1.00	-0.02
Omega ratio: Gain probability vs. loss probability	1.11	1.10	+0.01
Calmar ratio: Return relative to maximum drawdown	0.32	0.18	+0.14
Martin ratio: Return relative to average drawdown	0.54	0.31	+0.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JOBY vs. BBAI - Sharpe Ratio Comparison

The current JOBY Sharpe Ratio is 0.25, which is higher than the BBAI Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of JOBY and BBAI, 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

	JOBY	BBAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	0.12	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	-0.08	0.00

Drawdowns

JOBY vs. BBAI - Drawdown Comparison

The maximum JOBY drawdown since its inception was -76.27%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for JOBY and BBAI.

Drawdown Indicators

	JOBY	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-76.27%	-95.01%	+18.74%
Max Drawdown (1Y) Largest decline over 1 year	-61.06%	-65.88%	+4.82%
Max Drawdown (3Y) Largest decline over 3 years	-61.06%	-75.56%	+14.50%
Current Drawdown Current decline from peak	-52.43%	-66.04%	+13.61%
Average Drawdown Average peak-to-trough decline	-50.39%	-70.87%	+20.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.21%	38.69%	-2.48%

Volatility

JOBY vs. BBAI - Volatility Comparison

The current volatility for Joby Aviation, Inc. (JOBY) is 23.36%, while BigBear.ai Holdings, Inc. (BBAI) has a volatility of 24.69%. This indicates that JOBY experiences smaller price fluctuations and is considered to be less risky than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JOBY	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.36%	24.69%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	50.66%	56.30%	-5.64%
Volatility (1Y) Calculated over the trailing 1-year period	79.38%	97.07%	-17.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.91%	174.91%	-95.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.91%	174.91%	-95.00%

Dividends

JOBY vs. BBAI - Dividend Comparison

Neither JOBY nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both JOBY and BBAI in my portfolio?

JOBY and BBAI have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JOBY or BBAI?

BBAI has higher volatility (24.69%) compared to JOBY (23.36%). In terms of maximum drawdown, JOBY dropped -76.27% vs BBAI's -95.01%.

Which has better risk-adjusted returns?

JOBY currently has the higher Sharpe Ratio (0.25 vs 0.12), 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.