CODX vs. XRP-USD
CODX (Co-Diagnostics, Inc.) is a stock, while XRP-USD (XRP) is a cryptocurrency. Over the past 5 years, CODX returned -65.70%/yr vs 8.66%/yr for XRP-USD. Their 0.08 correlation means their historical movements had little consistent relationship.
Performance
CODX vs. XRP-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CODX achieves a -71.53% return, which is significantly lower than XRP-USD's -41.30% 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%
XRP-USD
- 1D
- 1.87%
- 1M
- -4.80%
- 6M
- -32.08%
- YTD
- -41.30%
- 1Y
- -61.01%
- 3Y*
- 17.67%
- 5Y*
- 8.66%
- 10Y*
- —
- ALL TIME*
- 71.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $801.44K | $728.15K | $25.39M | |
XRP-USD XRP | $1.22B | $1.28B | $2.14B |
CODX vs. XRP-USD - 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% |
XRP-USD XRP | -41.30% | -11.56% | 237.88% | 81.04% | -59.10% | 278.06% | 13.98% | -45.31% | -84.67% | 1,198.94% |
Correlation
The correlation between CODX and XRP-USD is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2017 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CODX vs. XRP-USD — Risk / Return Rank
CODX
XRP-USD
CODX vs. XRP-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Co-Diagnostics, Inc. (CODX) and XRP (XRP-USD). 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 | XRP-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.84 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.89 | +0.04 |
| Martin ratioReturn relative to average drawdown | -1.05 | -1.27 | +0.23 |
Loading charts...
Drawdowns
CODX vs. XRP-USD - Drawdown Comparison
The maximum CODX drawdown since its inception was -99.86%, roughly equal to the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for CODX and XRP-USD.
Loading charts...
Drawdown Indicators
| CODX | XRP-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.86% | -95.87% | -3.99% |
Max Drawdown (1Y)Largest decline over 1 year | -96.60% | -68.73% | -27.87% |
Max Drawdown (3Y)Largest decline over 3 years | -97.55% | -70.77% | -26.78% |
Max Drawdown (5Y)Largest decline over 5 years | -99.62% | -77.83% | -21.79% |
Current DrawdownCurrent decline from peak | -99.84% | -69.61% | -30.23% |
Average DrawdownAverage peak-to-trough decline | -76.96% | -70.96% | -6.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 77.89% | 39.01% | +38.88% |
Volatility
CODX vs. XRP-USD - Volatility Comparison
Co-Diagnostics, Inc. (CODX) has a higher volatility of 38.23% compared to XRP (XRP-USD) at 9.95%. This indicates that CODX's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CODX | XRP-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 38.23% | 9.95% | +28.28% |
Volatility (6M)Calculated over the trailing 6-month period | 163.45% | 42.62% | +120.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 352.99% | 53.22% | +299.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 173.06% | 70.99% | +102.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 171.02% | 111.04% | +59.98% |
Frequently Asked Questions
CODX and XRP-USD have a correlation of 0.15, 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 XRP-USD (9.95%). In terms of maximum drawdown, CODX dropped -99.86% vs XRP-USD's -95.87%.
CODX currently has the higher Sharpe Ratio (-0.23 vs -0.96), 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.
Find the right allocation for CODX and XRP-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer