ALGM vs JOBY
Comparison between Allegro Microsystems Inc (ALGM, Company) and Joby Aviation Inc (JOBY, Company).
ALGM is from the Technology sector, while JOBY is from the Industrials sector.
5-Year PerformanceALGM has outperformed JOBY, delivering a return of +8.3% compared to -2.8%
ALGM vs JOBY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ALGM vs JOBY - Historical Returns
Returns include dividend reinvestment.
ALGM vs JOBY - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | ALGM | JOBY |
|---|---|---|
| 2026 | +63.99% | -42.48% |
| 2025 | +15.65% | +63.16% |
| 2024 | -25.89% | +31.55% |
| 2023 | +3.24% | +94.44% |
| 2022 | -17.55% | -55.21% |
| 2021 | +41.77% | -37.01% |
| 2020 | +50.62% | +10.10% |
ALGM vs JOBY Drawdown Comparison
The maximum drawdown for ALGM was -68.65%, occurring on Apr 21, 2025. Recovery took 722 trading sessions.
The maximum drawdown for JOBY was -79.75%, occurring on Dec 27, 2022. Recovery took 1108 trading sessions.
The current ALGM drawdown is -36.61%. The current JOBY drawdown is -59.49%.
| Rank | ALGM | JOBY |
|---|---|---|
| #1 | -68.65% Jul 18, 2023 - Jun 3, 2026 | -79.75% Feb 16, 2021 - Jul 16, 2025 |
| #2 | -46.16% Sep 15, 2021 - Jan 31, 2023 | -67.39% Aug 4, 2025 - Jul 29, 2026 |
| #3 | -40.46% Jun 30, 2026 - Jul 30, 2026 | -13.12% Jan 22, 2021 - Feb 12, 2021 |
| #4 | -32.96% Jan 21, 2021 - Sep 15, 2021 | -7.96% Jul 25, 2025 - Aug 4, 2025 |
| #5 | -25.90% Mar 31, 2023 - Jul 13, 2023 | -6.58% Jul 18, 2025 - Jul 25, 2025 |
| #6 | -20.59% Nov 9, 2020 - Dec 3, 2020 | -5.66% Dec 28, 2020 - Jan 12, 2021 |
| #7 | -16.93% Jun 4, 2026 - Jun 15, 2026 | -3.55% Nov 11, 2020 - Nov 27, 2020 |
| #8 | -11.46% Dec 4, 2020 - Jan 6, 2021 | -2.62% Jan 14, 2021 - Jan 20, 2021 |
| #9 | -10.00% Jun 22, 2026 - Jun 29, 2026 | -2.22% Nov 27, 2020 - Dec 9, 2020 |
| #10 | -6.62% Feb 15, 2023 - Mar 8, 2023 | -1.59% Dec 9, 2020 - Dec 18, 2020 |
| #11 | -5.95% Mar 8, 2023 - Mar 20, 2023 | N/A |
| #12 | -4.83% Mar 23, 2023 - Mar 30, 2023 | N/A |
| #13 | -3.24% Jan 14, 2021 - Jan 21, 2021 | N/A |
| #14 | -3.22% Jul 13, 2023 - Jul 17, 2023 | N/A |
| #15 | -3.11% Jun 15, 2026 - Jun 18, 2026 | N/A |
Correlation
Correlation between ALGM and JOBY is 0.09 which considered as a very weak or no correlation - the stocks move independently of each other.
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