JOBY vs. HDV
JOBY (Joby Aviation, Inc.) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 3 years, JOBY returned -7.64%/yr vs 15.23%/yr for HDV. At a 0.20 correlation, their price movements are largely independent.
Performance
JOBY vs. HDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JOBY achieves a -41.21% return, which is significantly lower than HDV's 15.52% return.
JOBY
- 1D
- -1.65%
- 1M
- -19.75%
- 6M
- -48.68%
- YTD
- -41.21%
- 1Y
- -44.37%
- 3Y*
- -7.64%
- 5Y*
- —
- 10Y*
- —
HDV
- 1D
- 0.35%
- 1M
- 1.23%
- 6M
- 10.56%
- YTD
- 15.52%
- 1Y
- 21.05%
- 3Y*
- 15.23%
- 5Y*
- 11.36%
- 10Y*
- 9.00%
JOBY vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JOBY Joby Aviation, Inc. | -41.21% | 62.36% | 22.26% | 98.51% | -54.11% | -31.26% |
HDV iShares Core High Dividend ETF | 15.52% | 11.90% | 14.16% | 1.72% | 7.05% | 5.72% |
Correlation
The correlation between JOBY and HDV is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021 | 0.20 |
The correlation between JOBY and HDV shifts across timeframes, from -0.04 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JOBY vs. HDV — Risk / Return Rank
JOBY
HDV
JOBY vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and iShares Core High Dividend ETF (HDV). 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 | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -3.62 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.35 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 4.08 | -4.79 |
| Martin ratioReturn relative to average drawdown | -1.10 | 11.16 | -12.26 |
Loading charts...
Drawdowns
JOBY vs. HDV - Drawdown Comparison
The maximum JOBY drawdown since its inception was -76.27%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for JOBY and HDV.
Loading charts...
Drawdown Indicators
| JOBY | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.27% | -37.04% | -39.23% |
Max Drawdown (1Y)Largest decline over 1 year | -63.32% | -5.18% | -58.14% |
Max Drawdown (3Y)Largest decline over 3 years | -63.32% | -10.49% | -52.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -61.94% | -1.25% | -60.69% |
Average DrawdownAverage peak-to-trough decline | -50.48% | -3.07% | -47.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.36% | 1.89% | +38.47% |
Volatility
JOBY vs. HDV - Volatility Comparison
Joby Aviation, Inc. (JOBY) has a higher volatility of 18.21% compared to iShares Core High Dividend ETF (HDV) at 4.62%. This indicates that JOBY's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JOBY | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.21% | 4.62% | +13.59% |
Volatility (6M)Calculated over the trailing 6-month period | 50.34% | 8.33% | +42.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.62% | 10.50% | +66.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.45% | 12.90% | +67.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.45% | 15.75% | +64.70% |
Dividends
JOBY vs. HDV - Dividend Comparison
JOBY has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 3.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.19% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
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% |
Frequently Asked Questions
JOBY and HDV have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JOBY has higher volatility (18.21%) compared to HDV (4.62%). In terms of maximum drawdown, JOBY dropped -76.27% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.03 vs -0.59), 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.
Find the right allocation for JOBY and HDV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer