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RIVN vs. GOEV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

RIVN vs. GOEV

Last updated Apr 30, 2025

Compare and contrast key facts about Rivian Automotive, Inc. (RIVN) and Canoo Inc. (GOEV).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RIVN or GOEV.

Correlation

The correlation between RIVN and GOEV is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

-0.50.00.51.0
Correlation: 0.3

Performance

RIVN vs. GOEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rivian Automotive, Inc. (RIVN) and Canoo Inc. (GOEV). The values are adjusted to include any dividend payments, if applicable.
-100.00%-95.00%-90.00%-85.00%NovemberDecember2025FebruaryMarchApril
-86.80%
-100.00%
RIVN
GOEV

Key characteristics

Fundamentals

Market Cap

RIVN:

$14.91B

GOEV:

$5.36M

EPS

RIVN:

-$4.69

GOEV:

-$34.40

PS Ratio

RIVN:

3.00

GOEV:

2.88

PB Ratio

RIVN:

2.27

GOEV:

0.03

Total Revenue (TTM)

RIVN:

$3.77B

GOEV:

$1.50M

Gross Profit (TTM)

RIVN:

-$744.00M

GOEV:

-$3.88M

EBITDA (TTM)

RIVN:

-$2.52B

GOEV:

$9.36M

Returns By Period

RIVN

YTD

-0.00%

1M

7.17%

6M

27.03%

1Y

41.79%

5Y*

N/A

10Y*

N/A

GOEV

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

RIVN vs. GOEV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RIVN
The Risk-Adjusted Performance Rank of RIVN is 7676
Overall Rank
The Sharpe Ratio Rank of RIVN is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of RIVN is 7979
Sortino Ratio Rank
The Omega Ratio Rank of RIVN is 7575
Omega Ratio Rank
The Calmar Ratio Rank of RIVN is 7676
Calmar Ratio Rank
The Martin Ratio Rank of RIVN is 7373
Martin Ratio Rank
GOEV
The Risk-Adjusted Performance Rank of GOEV is 66
Overall Rank
The Sharpe Ratio Rank of GOEV is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of GOEV is 00
Sortino Ratio Rank
The Omega Ratio Rank of GOEV is 11
Omega Ratio Rank
The Calmar Ratio Rank of GOEV is 00
Calmar Ratio Rank
The Martin Ratio Rank of GOEV is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RIVN vs. GOEV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Rivian Automotive, Inc. (RIVN) and Canoo Inc. (GOEV). 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.

The chart of Sharpe ratio for RIVN, currently valued at 0.77, compared to the broader market-2.00-1.000.001.002.003.00
RIVN: 0.77
GOEV: -0.62
The chart of Sortino ratio for RIVN, currently valued at 1.59, compared to the broader market-6.00-4.00-2.000.002.004.00
RIVN: 1.59
GOEV: -3.01
The chart of Omega ratio for RIVN, currently valued at 1.19, compared to the broader market0.501.001.502.00
RIVN: 1.19
GOEV: 0.54
The chart of Calmar ratio for RIVN, currently valued at 0.59, compared to the broader market0.001.002.003.004.005.00
RIVN: 0.59
GOEV: -1.00
The chart of Martin ratio for RIVN, currently valued at 1.97, compared to the broader market-5.000.005.0010.0015.0020.00
RIVN: 1.97
GOEV: -1.35

Rolling 12-month Sharpe Ratio-0.500.000.50NovemberDecember2025FebruaryMarchApril
0.77
-0.62
RIVN
GOEV

Dividends

RIVN vs. GOEV - Dividend Comparison

Neither RIVN nor GOEV has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

RIVN vs. GOEV - Drawdown Comparison

-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%NovemberDecember2025FebruaryMarchApril
-92.27%
-100.00%
RIVN
GOEV

Volatility

RIVN vs. GOEV - Volatility Comparison

Rivian Automotive, Inc. (RIVN) has a higher volatility of 19.43% compared to Canoo Inc. (GOEV) at 0.00%. This indicates that RIVN's price experiences larger fluctuations and is considered to be riskier than GOEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

0.00%50.00%100.00%150.00%NovemberDecember2025FebruaryMarchApril
19.43%
0
RIVN
GOEV

Financials

RIVN vs. GOEV - Financials Comparison

This section allows you to compare key financial metrics between Rivian Automotive, Inc. and Canoo Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

0.00500.00M1.00B1.50BAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
1.73B
891.00K
(RIVN) Total Revenue
(GOEV) Total Revenue
Values in USD except per share items