CODX vs. RTX
CODX (Co-Diagnostics, Inc.) and RTX (RTX Corporation) are both stocks. CODX operates in Diagnostics & Research (Healthcare), while RTX operates in Aerospace & Defense (Industrials). Over the past 5 years, CODX returned -65.70%/yr vs 22.54%/yr for RTX. Their 0.04 correlation means their historical movements had little consistent relationship.
Performance
CODX vs. RTX - Performance Comparison
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Returns By Period
In the year-to-date period, CODX achieves a -71.53% return, which is significantly lower than RTX's 18.23% return.
CODX
- 1D
- -7.69%
- 1M
- -51.84%
- 6M
- -39.46%
- YTD
- -71.53%
- 1Y
- -80.66%
- 3Y*
- -67.55%
- 5Y*
- -65.70%
- 10Y*
- —
- ALL TIME*
- -41.34%
RTX
- 1D
- 0.39%
- 1M
- 8.02%
- 6M
- 7.92%
- YTD
- 18.23%
- 1Y
- 39.44%
- 3Y*
- 37.63%
- 5Y*
- 22.54%
- 10Y*
- 16.97%
- ALL TIME*
- 12.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $801.44K | $728.15K | $25.39M | |
| $1.30B | $1.06B | $1.02B |
CODX vs. RTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CODX Co-Diagnostics, Inc. | -71.53% | -77.52% | -43.61% | -47.22% | -71.78% | -3.98% | 939.11% | -39.93% | -43.56% | -56.00% |
RTX RTX Corporation | 18.23% | 61.44% | 40.76% | -14.44% | 20.01% | 23.27% | -7.70% | 43.82% | -14.66% | 4.51% |
Correlation
The correlation between CODX and RTX is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2017 | 0.04 |
Fundamentals
CODX:
$1.61M
RTX:
$290.06B
CODX:
-$36.17
RTX:
$5.68
CODX:
3.00
RTX:
3.14
CODX:
0.09
RTX:
4.42
CODX:
$622.49K
RTX:
$93.50B
CODX:
$400.11K
RTX:
$19.02B
CODX:
-$47.41M
RTX:
$16.07B
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Return for Risk
CODX vs. RTX — Risk / Return Rank
CODX
RTX
CODX vs. RTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Co-Diagnostics, Inc. (CODX) and RTX Corporation (RTX). 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.
| CODX | RTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.28 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 2.02 | -2.86 |
| Martin ratioReturn relative to average drawdown | -1.05 | 5.05 | -6.10 |
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Drawdowns
CODX vs. RTX - Drawdown Comparison
The maximum CODX drawdown since its inception was -99.86%, which is greater than RTX's maximum drawdown of -55.14%. Use the drawdown chart below to compare losses from any high point for CODX and RTX.
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Drawdown Indicators
| CODX | RTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.86% | -55.14% | -44.72% |
Max Drawdown (1Y)Largest decline over 1 year | -96.60% | -19.32% | -77.28% |
Max Drawdown (3Y)Largest decline over 3 years | -97.55% | -20.40% | -77.15% |
Max Drawdown (5Y)Largest decline over 5 years | -99.62% | -32.84% | -66.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.98% | — |
Current DrawdownCurrent decline from peak | -99.84% | -1.54% | -98.30% |
Average DrawdownAverage peak-to-trough decline | -76.96% | -13.01% | -63.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 77.89% | 7.70% | +70.19% |
Volatility
CODX vs. RTX - Volatility Comparison
Co-Diagnostics, Inc. (CODX) has a higher volatility of 38.23% compared to RTX Corporation (RTX) at 9.54%. This indicates that CODX's price experiences larger fluctuations and is considered to be riskier than RTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CODX | RTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 38.23% | 9.54% | +28.69% |
Volatility (6M)Calculated over the trailing 6-month period | 163.45% | 20.04% | +143.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 352.99% | 25.67% | +327.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 173.06% | 24.21% | +148.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 171.02% | 27.94% | +143.08% |
Dividends
CODX vs. RTX - Dividend Comparison
CODX has not paid dividends to shareholders, while RTX's dividend yield for the trailing twelve months is around 1.29%.
| Position | 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% |
RTX RTX Corporation | 1.29% | 1.46% | 2.14% | 2.76% | 2.14% | 2.33% | 21.21% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% |
Financials
CODX vs. RTX - Financials Comparison
This section allows you to compare key financial metrics between Co-Diagnostics, Inc. and RTX Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CODX and RTX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CODX has higher volatility (38.23%) compared to RTX (9.54%). In terms of maximum drawdown, CODX dropped -99.86% vs RTX's -55.14%.
RTX currently has the higher Sharpe Ratio (1.52 vs -0.23), 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.
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