CHLSY vs. CODX

Last updated Jun 23, 2026

CHLSY (Chocoladefabriken Lindt & Sprüngli AG) and CODX (Co-Diagnostics, Inc.) are both stocks. CHLSY operates in Confectioners (Consumer Defensive), while CODX operates in Diagnostics & Research (Healthcare). Over the past 3 years, CHLSY returned -0.77%/yr vs -54.44%/yr for CODX. At a 0.05 correlation, their price movements are largely independent.

Performance

CHLSY vs. CODX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chocoladefabriken Lindt & Sprüngli AG (CHLSY) and Co-Diagnostics, Inc. (CODX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHLSY achieves a -19.51% return, which is significantly higher than CODX's -38.32% return.

CHLSY

• 1D: -0.16%
• 1M: -4.35%
• YTD: -19.51%
• 6M: -23.07%
• 1Y: -28.32%
• 3Y*: -0.77%
• 5Y*: —
• 10Y*: —

CODX

• 1D: -7.42%
• 1M: -38.46%
• YTD: -38.32%
• 6M: -59.56%
• 1Y: -60.26%
• 3Y*: -54.44%
• 5Y*: -58.54%
• 10Y*: —

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

CHLSY vs. CODX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CHLSY Chocoladefabriken Lindt & Sprüngli AG	-19.51%	27.88%	-7.36%	-87.30%	0.00%
CODX Co-Diagnostics, Inc.	-38.32%	-77.52%	-43.61%	-47.22%	-25.22%

Correlation

The correlation between CHLSY and CODX is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (All Time) Calculated using the full available price history since Oct 11, 2022	0.05

Fundamentals

Market Cap CHLSY : $26.20B CODX : $4.15M
EPS CHLSY : CHF 1.10 CODX : -$38.06
PS Ratio CHLSY : 1.03 CODX : 6.18
PB Ratio CHLSY : 4.27 CODX : 0.20
Total Revenue (TTM) CHLSY : CHF 11.37B CODX : $622.49K
Gross Profit (TTM) CHLSY : CHF 6.54B CODX : $400.11K
EBITDA (TTM) CHLSY : CHF 2.46B CODX : -$47.41M

Return for Risk

CHLSY vs. CODX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHLSY

CHLSY Risk / Return Rank: 12
CHLSY Sharpe Ratio Rank: 13
CHLSY Sortino Ratio Rank: 15
CHLSY Omega Ratio Rank: 16
CHLSY Calmar Ratio Rank: 9
CHLSY Martin Ratio Rank: 4

CODX

CODX Risk / Return Rank: 48
CODX Sharpe Ratio Rank: 35
CODX Sortino Ratio Rank: 80
CODX Omega Ratio Rank: 82
CODX Calmar Ratio Rank: 19
CODX Martin Ratio Rank: 25

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.

CHLSY vs. CODX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chocoladefabriken Lindt & Sprüngli AG (CHLSY) and Co-Diagnostics, Inc. (CODX). 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.

	CHLSY	CODX	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	-0.17	-0.51
Sortino ratio: Return per unit of downside risk	-0.77	2.24	-3.02
Omega ratio: Gain probability vs. loss probability	0.91	1.31	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.84	-0.63	-0.22
Martin ratio: Return relative to average drawdown	-1.60	-0.84	-0.76

CHLSY vs. CODX - Sharpe Ratio Comparison

The current CHLSY Sharpe Ratio is -0.68, which is lower than the CODX Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of CHLSY and CODX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CHLSY vs. CODX - Drawdown Comparison

The maximum CHLSY drawdown since its inception was -89.62%, smaller than the maximum CODX drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for CHLSY and CODX.

Drawdown Indicators

	CHLSY	CODX	Difference
Max Drawdown Largest peak-to-trough decline	-89.62%	-99.86%	+10.24%
Max Drawdown (1Y) Largest decline over 1 year	-33.74%	-96.60%	+62.86%
Max Drawdown (3Y) Largest decline over 3 years	-33.74%	-97.68%	+63.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-99.62%	—
Current Drawdown Current decline from peak	-87.89%	-99.66%	+11.77%
Average Drawdown Average peak-to-trough decline	-77.92%	-76.67%	-1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.71%	71.48%	-53.77%

Volatility

CHLSY vs. CODX - Volatility Comparison

The current volatility for Chocoladefabriken Lindt & Sprüngli AG (CHLSY) is 8.80%, while Co-Diagnostics, Inc. (CODX) has a volatility of 110.76%. This indicates that CHLSY experiences smaller price fluctuations and is considered to be less risky than CODX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHLSY	CODX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.80%	110.76%	-101.96%
Volatility (6M) Calculated over the trailing 6-month period	32.82%	188.98%	-156.16%
Volatility (1Y) Calculated over the trailing 1-year period	42.00%	351.84%	-309.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.75%	172.80%	-110.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.75%	171.55%	-108.80%

Dividends

CHLSY vs. CODX - Dividend Comparison

CHLSY's dividend yield for the trailing twelve months is around 2.02%, while CODX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
CHLSY Chocoladefabriken Lindt & Sprüngli AG	2.02%	1.17%	1.39%	1.11%
CODX Co-Diagnostics, Inc.	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CHLSY and CODX in my portfolio?

CHLSY and CODX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHLSY or CODX?

CODX has higher volatility (110.76%) compared to CHLSY (8.80%). In terms of maximum drawdown, CHLSY dropped -89.62% vs CODX's -99.86%.

Which has better risk-adjusted returns?

CODX currently has the higher Sharpe Ratio (-0.17 vs -0.68), 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.