JOBY vs. HOOD

Last updated Jun 9, 2026

JOBY (Joby Aviation, Inc.) and HOOD (Robinhood Markets, Inc.) are both stocks. JOBY operates in Airports & Air Services (Industrials), while HOOD operates in Capital Markets (Financial Services). Over the past 3 years, JOBY returned 11.70%/yr vs 108.29%/yr for HOOD. At a 0.50 correlation, their price movements are largely independent.

Performance

JOBY vs. HOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Joby Aviation, Inc. (JOBY) and Robinhood Markets, Inc. (HOOD). 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 HOOD's -24.81% return.

JOBY

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

HOOD

• 1D: 3.12%
• 1M: 10.40%
• YTD: -24.81%
• 6M: -37.67%
• 1Y: 13.57%
• 3Y*: 108.29%
• 5Y*: —
• 10Y*: —

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

JOBY vs. HOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JOBY Joby Aviation, Inc.	-26.52%	62.36%	22.26%	98.51%	-54.11%	-31.26%
HOOD Robinhood Markets, Inc.	-24.81%	203.54%	192.46%	56.51%	-54.17%	-67.07%

Correlation

The correlation between JOBY and HOOD is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021	0.50

Fundamentals

Market Cap JOBY : $9.15B HOOD : $77.81B
EPS JOBY : -$1.10 HOOD : $2.07
PS Ratio JOBY : 108.63 HOOD : 19.93
PB Ratio JOBY : 4.67 HOOD : 8.03
Total Revenue (TTM) JOBY : $77.67M HOOD : $3.91B
Gross Profit (TTM) JOBY : $8.72M HOOD : $2.86B
EBITDA (TTM) JOBY : -$1.05B HOOD : $1.80B

Return for Risk

JOBY vs. HOOD — 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

HOOD

HOOD Risk / Return Rank: 49
HOOD Sharpe Ratio Rank: 49
HOOD Sortino Ratio Rank: 51
HOOD Omega Ratio Rank: 48
HOOD Calmar Ratio Rank: 48
HOOD Martin Ratio Rank: 47

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. HOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and Robinhood Markets, Inc. (HOOD). 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	HOOD	Difference
Sharpe ratio: Return per unit of total volatility	0.25	0.20	+0.05
Sortino ratio: Return per unit of downside risk	0.99	0.80	+0.19
Omega ratio: Gain probability vs. loss probability	1.11	1.09	+0.02
Calmar ratio: Return relative to maximum drawdown	0.32	0.24	+0.08
Martin ratio: Return relative to average drawdown	0.54	0.44	+0.10
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. HOOD - Sharpe Ratio Comparison

The current JOBY Sharpe Ratio is 0.25, which is comparable to the HOOD Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of JOBY and HOOD, 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	HOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	0.20	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	0.27	-0.36

Drawdowns

JOBY vs. HOOD - Drawdown Comparison

The maximum JOBY drawdown since its inception was -76.27%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for JOBY and HOOD.

Drawdown Indicators

	JOBY	HOOD	Difference
Max Drawdown Largest peak-to-trough decline	-76.27%	-90.21%	+13.94%
Max Drawdown (1Y) Largest decline over 1 year	-61.06%	-57.26%	-3.80%
Max Drawdown (3Y) Largest decline over 3 years	-61.06%	-57.26%	-3.80%
Current Drawdown Current decline from peak	-52.43%	-44.22%	-8.21%
Average Drawdown Average peak-to-trough decline	-50.39%	-60.95%	+10.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.21%	31.25%	+4.96%

Volatility

JOBY vs. HOOD - Volatility Comparison

Joby Aviation, Inc. (JOBY) and Robinhood Markets, Inc. (HOOD) have volatilities of 23.36% and 22.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JOBY	HOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.36%	22.93%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	50.66%	50.49%	+0.17%
Volatility (1Y) Calculated over the trailing 1-year period	79.38%	69.17%	+10.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.91%	74.04%	+5.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.91%	74.04%	+5.87%

Dividends

JOBY vs. HOOD - Dividend Comparison

Neither JOBY nor HOOD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both JOBY and HOOD in my portfolio?

JOBY and HOOD have a correlation of 0.48, 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 HOOD?

JOBY has higher volatility (23.36%) compared to HOOD (22.93%). In terms of maximum drawdown, JOBY dropped -76.27% vs HOOD's -90.21%.

Which has better risk-adjusted returns?

JOBY currently has the higher Sharpe Ratio (0.25 vs 0.20), 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.