CODX vs. CRT

Last updated Apr 2, 2026

Compare and contrast key facts about Co-Diagnostics, Inc. (CODX) and Cross Timbers Royalty Trust (CRT).

Performance

CODX vs. CRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Co-Diagnostics, Inc. (CODX) and Cross Timbers Royalty Trust (CRT). The values are adjusted to include any dividend payments, if applicable.

CODX vs. CRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CODX Co-Diagnostics, Inc.	-67.97%	-77.52%	-43.61%	-47.22%	-71.78%	-3.98%	939.11%	-39.93%	-43.56%	-54.56%
CRT Cross Timbers Royalty Trust	34.47%	-13.15%	-39.15%	-24.36%	145.90%	53.31%	5.38%	-13.04%	-17.93%	0.51%

Fundamentals

EPS CODX : -$38.06 CRT : $0.74
PS Ratio CODX : 3.21 CRT : 11.35
Total Revenue (TTM) CODX : $622.49K CRT : $5.60M
Gross Profit (TTM) CODX : $400.11K CRT : $5.53M
EBITDA (TTM) CODX : -$47.41M CRT : $4.51M

Returns By Period

In the year-to-date period, CODX achieves a -67.97% return, which is significantly lower than CRT's 34.47% return.

CODX

• 1D: -12.90%
• 1M: -29.57%
• YTD: -67.97%
• 6M: -84.71%
• 1Y: -83.53%
• 3Y*: -66.83%
• 5Y*: -64.49%
• 10Y*: —

CRT

• 1D: 0.09%
• 1M: 17.81%
• YTD: 34.47%
• 6M: 47.04%
• 1Y: -8.18%
• 3Y*: -10.70%
• 5Y*: 13.77%
• 10Y*: 5.09%

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

Return for Risk

CODX vs. CRT — Risk / Return Rank

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

CODX

CODX Risk / Return Rank: 33
CODX Sharpe Ratio Rank: 28
CODX Sortino Ratio Rank: 56
CODX Omega Ratio Rank: 58
CODX Calmar Ratio Rank: 9
CODX Martin Ratio Rank: 11

CRT

CRT Risk / Return Rank: 29
CRT Sharpe Ratio Rank: 30
CRT Sortino Ratio Rank: 26
CRT Omega Ratio Rank: 26
CRT Calmar Ratio Rank: 29
CRT Martin Ratio Rank: 31

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.

CODX vs. CRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Co-Diagnostics, Inc. (CODX) and Cross Timbers Royalty Trust (CRT). 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.

	CODX	CRT	Difference
Sharpe ratio Return per unit of total volatility	-0.26	-0.24	-0.02
Sortino ratio Return per unit of downside risk	1.06	-0.11	+1.17
Omega ratio Gain probability vs. loss probability	1.15	0.99	+0.17
Calmar ratio Return relative to maximum drawdown	-0.86	-0.35	-0.51
Martin ratio Return relative to average drawdown	-1.40	-0.55	-0.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CODX vs. CRT - Sharpe Ratio Comparison

The current CODX Sharpe Ratio is -0.26, which is comparable to the CRT Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of CODX and CRT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CODX	CRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	-0.24	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	0.27	-0.68
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	0.24	-0.49

Correlation

The correlation between CODX and CRT is 0.03, 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.

Dividends

CODX vs. CRT - Dividend Comparison

CODX has not paid dividends to shareholders, while CRT's dividend yield for the trailing twelve months is around 5.05%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CODX Co-Diagnostics, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CRT Cross Timbers Royalty Trust	5.05%	9.41%	9.56%	10.96%	7.69%	9.71%	9.45%	10.04%	13.06%	6.87%	5.90%	10.41%

Drawdowns

CODX vs. CRT - Drawdown Comparison

The maximum CODX drawdown since its inception was -99.82%, which is greater than CRT's maximum drawdown of -83.57%. Use the drawdown chart below to compare losses from any high point for CODX and CRT.

Drawdown Indicators

	CODX	CRT	Difference
Max Drawdown Largest peak-to-trough decline	-99.82%	-83.57%	-16.25%
Max Drawdown (1Y) Largest decline over 1 year	-95.71%	-38.87%	-56.84%
Max Drawdown (5Y) Largest decline over 5 years	-99.53%	-71.10%	-28.43%
Max Drawdown (10Y) Largest decline over 10 years	—	-71.10%	—
Current Drawdown Current decline from peak	-99.82%	-55.09%	-44.73%
Average Drawdown Average peak-to-trough decline	-76.09%	-29.27%	-46.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	58.92%	26.08%	+32.84%

Volatility

CODX vs. CRT - Volatility Comparison

Co-Diagnostics, Inc. (CODX) has a higher volatility of 89.79% compared to Cross Timbers Royalty Trust (CRT) at 12.52%. This indicates that CODX's price experiences larger fluctuations and is considered to be riskier than CRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CODX	CRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	89.79%	12.52%	+77.27%
Volatility (6M) Calculated over the trailing 6-month period	211.06%	25.05%	+186.01%
Volatility (1Y) Calculated over the trailing 1-year period	321.67%	34.93%	+286.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	160.17%	50.51%	+109.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	166.40%	46.12%	+120.28%

Financials