JOBY vs. QS
JOBY (Joby Aviation, Inc.) and QS (QuantumScape Corporation) are both stocks. JOBY operates in Airports & Air Services (Industrials), while QS operates in Auto Parts (Consumer Cyclical). Over the past 3 years, JOBY returned 5.42%/yr vs -1.86%/yr for QS. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
JOBY vs. QS - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with JOBY having a -30.68% return and QS slightly lower at -31.96%.
JOBY
- 1D
- -2.24%
- 1M
- -17.27%
- YTD
- -30.68%
- 6M
- -38.38%
- 1Y
- 3.16%
- 3Y*
- 5.42%
- 5Y*
- —
- 10Y*
- —
QS
- 1D
- -1.94%
- 1M
- -18.13%
- YTD
- -31.96%
- 6M
- -39.92%
- 1Y
- 57.91%
- 3Y*
- -1.86%
- 5Y*
- -23.97%
- 10Y*
- —
JOBY vs. QS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JOBY Joby Aviation, Inc. | -30.68% | 62.36% | 22.26% | 98.51% | -54.11% | -31.26% |
QS QuantumScape Corporation | -31.96% | 100.77% | -25.32% | 22.57% | -74.45% | -7.93% |
Correlation
The correlation between JOBY and QS is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021 | 0.60 |
The correlation between JOBY and QS has been stable across timeframes, ranging from 0.60 to 0.63 - a consistent structural relationship.
Fundamentals
JOBY:
$8.63B
QS:
$4.33B
JOBY:
-$1.10
QS:
-$0.72
JOBY:
4.41
QS:
3.90
JOBY:
$77.67M
QS:
$0.00
JOBY:
$8.72M
QS:
-$49.03M
JOBY:
-$1.05B
QS:
-$378.92M
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Return for Risk
JOBY vs. QS — Risk / Return Rank
JOBY
QS
JOBY vs. QS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and QuantumScape Corporation (QS). 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 | QS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.19 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | 0.86 | -0.81 |
| Martin ratioReturn relative to average drawdown | 0.09 | 1.33 | -1.24 |
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Drawdowns
JOBY vs. QS - Drawdown Comparison
The maximum JOBY drawdown since its inception was -76.27%, smaller than the maximum QS drawdown of -97.36%. Use the drawdown chart below to compare losses from any high point for JOBY and QS.
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Drawdown Indicators
| JOBY | QS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.27% | -97.36% | +21.09% |
Max Drawdown (1Y)Largest decline over 1 year | -61.06% | -67.68% | +6.62% |
Max Drawdown (3Y)Largest decline over 3 years | -61.06% | -73.93% | +12.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -91.45% | — |
Current DrawdownCurrent decline from peak | -55.13% | -94.62% | +39.49% |
Average DrawdownAverage peak-to-trough decline | -50.36% | -85.52% | +35.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.83% | 43.64% | -6.81% |
Volatility
JOBY vs. QS - Volatility Comparison
The current volatility for Joby Aviation, Inc. (JOBY) is 22.37%, while QuantumScape Corporation (QS) has a volatility of 25.60%. This indicates that JOBY experiences smaller price fluctuations and is considered to be less risky than QS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOBY | QS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.37% | 25.60% | -3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 51.20% | 48.92% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.50% | 103.22% | -24.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.72% | 85.76% | -5.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.72% | 105.87% | -25.15% |
Dividends
JOBY vs. QS - Dividend Comparison
Neither JOBY nor QS has paid dividends to shareholders.
Financials
JOBY vs. QS - Financials Comparison
This section allows you to compare key financial metrics between Joby Aviation, Inc. and QuantumScape Corporation. 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 QS have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QS has higher volatility (25.60%) compared to JOBY (22.37%). In terms of maximum drawdown, JOBY dropped -76.27% vs QS's -97.36%.
QS currently has the higher Sharpe Ratio (0.56 vs 0.04), 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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