OFRM vs. CODX

Last updated Jul 14, 2026

OFRM (Once Upon A Farm, PBC) and CODX (Co-Diagnostics, Inc.) are both stocks. OFRM operates in Packaged Foods (Consumer Defensive), while CODX operates in Diagnostics & Research (Healthcare). At a 0.20 correlation, their price movements are largely independent.

Performance

OFRM vs. CODX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Once Upon A Farm, PBC (OFRM) and Co-Diagnostics, Inc. (CODX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OFRM

• 1D: 0.16%
• 1M: -8.08%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CODX

• 1D: 0.00%
• 1M: -39.16%
• 6M: -56.35%
• YTD: -48.40%
• 1Y: -65.20%
• 3Y*: -59.91%
• 5Y*: -58.97%
• 10Y*: —

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

OFRM vs. CODX - Yearly Performance Comparison

	2026 (YTD)
OFRM Once Upon A Farm, PBC	-12.19%
CODX Co-Diagnostics, Inc.	11.06%

Correlation

The correlation between OFRM and CODX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 6, 2026	0.20

Fundamentals

Market Cap OFRM : $126.78M CODX : $2.91M
EPS OFRM : -$0.33 CODX : -$36.17
PS Ratio OFRM : 2.86 CODX : 5.44
PB Ratio OFRM : 4.89 CODX : 0.17
Total Revenue (TTM) OFRM : $262.80M CODX : $622.49K
Gross Profit (TTM) OFRM : $112.47M CODX : $400.11K
EBITDA (TTM) OFRM : $7.56M CODX : -$47.41M

Return for Risk

OFRM vs. CODX — Risk / Return Rank

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

OFRM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CODX

CODX Risk / Return Rank: 50
CODX Sharpe Ratio Rank: 37
CODX Sortino Ratio Rank: 82
CODX Omega Ratio Rank: 84
CODX Calmar Ratio Rank: 19
CODX Martin Ratio Rank: 27

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.

OFRM vs. CODX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Once Upon A Farm, PBC (OFRM) 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.

	OFRM	CODX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.19	—
Sortino ratio: Return per unit of downside risk	—	2.14	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	-0.68	—
Martin ratio: Return relative to average drawdown	—	-0.87	—

Drawdowns

OFRM vs. CODX - Drawdown Comparison

The maximum OFRM drawdown since its inception was -44.14%, smaller than the maximum CODX drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for OFRM and CODX.

Drawdown Indicators

	OFRM	CODX	Difference
Max Drawdown Largest peak-to-trough decline	-44.14%	-99.86%	+55.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-96.60%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-97.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.62%	—
Current Drawdown Current decline from peak	-28.86%	-99.72%	+70.86%
Average Drawdown Average peak-to-trough decline	-29.28%	-76.82%	+47.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	74.70%	—

Volatility

Volatility by Period

	OFRM	CODX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	29.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	188.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	68.67%	352.08%	-283.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.67%	172.99%	-104.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.67%	171.17%	-102.50%

Dividends

OFRM vs. CODX - Dividend Comparison

Neither OFRM nor CODX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both OFRM and CODX in my portfolio?

OFRM and CODX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.