JOBY vs. CGDV
JOBY (Joby Aviation, Inc.) is a stock, while CGDV (Capital Group Dividend Value ETF) is Large Cap Value Equities fund actively managed by Capital Group. Over the past 3 years, JOBY returned 11.70%/yr vs 24.27%/yr for CGDV. At a 0.49 correlation, their price movements are largely independent.
Performance
JOBY vs. CGDV - Performance Comparison
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Returns By Period
In the year-to-date period, JOBY achieves a -26.52% return, which is significantly lower than CGDV's 10.15% return.
JOBY
- 1D
- 1.57%
- 1M
- -10.76%
- YTD
- -26.52%
- 6M
- -37.46%
- 1Y
- 19.46%
- 3Y*
- 11.70%
- 5Y*
- —
- 10Y*
- —
CGDV
- 1D
- 0.13%
- 1M
- 1.46%
- YTD
- 10.15%
- 6M
- 10.88%
- 1Y
- 27.58%
- 3Y*
- 24.27%
- 5Y*
- —
- 10Y*
- —
JOBY vs. CGDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JOBY Joby Aviation, Inc. | -26.52% | 62.36% | 22.26% | 98.51% | -29.32% |
CGDV Capital Group Dividend Value ETF | 10.15% | 25.50% | 20.10% | 28.81% | -2.89% |
Correlation
The correlation between JOBY and CGDV is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022 | 0.49 |
The correlation between JOBY and CGDV has been stable across timeframes, ranging from 0.49 to 0.50 - a consistent structural relationship.
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Return for Risk
JOBY vs. CGDV — Risk / Return Rank
JOBY
CGDV
JOBY vs. CGDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and Capital Group Dividend Value ETF (CGDV). 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 | CGDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.10 | ||
| Sortino ratioReturn per unit of downside risk | -2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.44 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 2.84 | -2.52 |
| Martin ratioReturn relative to average drawdown | 0.54 | 13.37 | -12.84 |
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 | CGDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | 2.34 | -2.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 1.21 | -1.29 |
Drawdowns
JOBY vs. CGDV - Drawdown Comparison
The maximum JOBY drawdown since its inception was -76.27%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for JOBY and CGDV.
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Drawdown Indicators
| JOBY | CGDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.27% | -21.82% | -54.45% |
Max Drawdown (1Y)Largest decline over 1 year | -61.06% | -9.75% | -51.31% |
Max Drawdown (3Y)Largest decline over 3 years | -61.06% | -14.28% | -46.78% |
Current DrawdownCurrent decline from peak | -52.43% | -2.22% | -50.21% |
Average DrawdownAverage peak-to-trough decline | -50.39% | -3.61% | -46.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.21% | 2.07% | +34.14% |
Volatility
JOBY vs. CGDV - Volatility Comparison
Joby Aviation, Inc. (JOBY) has a higher volatility of 23.36% compared to Capital Group Dividend Value ETF (CGDV) at 3.60%. This indicates that JOBY's price experiences larger fluctuations and is considered to be riskier than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOBY | CGDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.36% | 3.60% | +19.76% |
Volatility (6M)Calculated over the trailing 6-month period | 50.66% | 9.47% | +41.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.38% | 11.85% | +67.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.91% | 15.51% | +64.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.91% | 15.51% | +64.40% |
Dividends
JOBY vs. CGDV - Dividend Comparison
JOBY has not paid dividends to shareholders, while CGDV's dividend yield for the trailing twelve months is around 1.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CGDV Capital Group Dividend Value ETF | 1.19% | 1.29% | 1.60% | 1.65% | 1.36% |
JOBY Joby Aviation, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JOBY and CGDV have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JOBY has higher volatility (23.36%) compared to CGDV (3.60%). In terms of maximum drawdown, JOBY dropped -76.27% vs CGDV's -21.82%.
CGDV currently has the higher Sharpe Ratio (2.34 vs 0.25), 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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