JOBY vs. SGOV
JOBY (Joby Aviation, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 3 years, JOBY returned -7.64%/yr vs 4.66%/yr for SGOV. At a correlation of -0.00, they often move in opposite directions.
Performance
JOBY vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JOBY achieves a -41.21% return, which is significantly lower than SGOV's 1.94% return.
JOBY
- 1D
- -1.65%
- 1M
- -19.75%
- 6M
- -48.68%
- YTD
- -41.21%
- 1Y
- -44.37%
- 3Y*
- -7.64%
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.02%
- 1M
- 0.30%
- 6M
- 1.80%
- YTD
- 1.94%
- 1Y
- 3.89%
- 3Y*
- 4.66%
- 5Y*
- 3.62%
- 10Y*
- —
JOBY vs. SGOV - 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% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.94% | 4.24% | 5.27% | 5.12% | 1.58% | 0.02% |
Correlation
The correlation between JOBY and SGOV is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021 | -0.00 |
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. SGOV — Risk / Return Rank
JOBY
SGOV
JOBY vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.48 | ||
| Sortino ratioReturn per unit of downside risk | -385.43 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 385.06 | -384.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 393.03 | -393.73 |
| Martin ratioReturn relative to average drawdown | -1.10 | 6,226.74 | -6,227.85 |
Loading charts...
Drawdowns
JOBY vs. SGOV - Drawdown Comparison
The maximum JOBY drawdown since its inception was -76.27%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for JOBY and SGOV.
Loading charts...
Drawdown Indicators
| JOBY | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.27% | -0.03% | -76.24% |
Max Drawdown (1Y)Largest decline over 1 year | -63.32% | -0.01% | -63.31% |
Max Drawdown (3Y)Largest decline over 3 years | -63.32% | -0.01% | -63.31% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -61.94% | 0.00% | -61.94% |
Average DrawdownAverage peak-to-trough decline | -50.48% | -0.00% | -50.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.36% | 0.00% | +40.36% |
Volatility
JOBY vs. SGOV - Volatility Comparison
Joby Aviation, Inc. (JOBY) has a higher volatility of 18.21% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that JOBY's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JOBY | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.21% | 0.05% | +18.16% |
Volatility (6M)Calculated over the trailing 6-month period | 50.34% | 0.13% | +50.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.62% | 0.19% | +76.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.45% | 0.24% | +80.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.45% | 0.24% | +80.21% |
Dividends
JOBY vs. SGOV - Dividend Comparison
JOBY has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JOBY Joby Aviation, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.80% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
JOBY and SGOV have a correlation of -0.01, 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 SGOV (0.05%). In terms of maximum drawdown, JOBY dropped -76.27% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.89 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 SGOV
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