CBTJ vs CBXJ
Calamos Bitcoin 80 Series Structured Alt Protection ETF - January vs Calamos Bitcoin 90 Series Structured Alt Protection ETF - January
Which is better, CBTJ or CBXJ?
CBXJ has been ahead.
CBXJ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CBTJ | CBXJ |
|---|---|---|
| Expense Ratio | 0.69%Tie | 0.69%Tie |
| AUM | $26M | $19M |
| Dividend Yield | 1.53% | 2.02% |
| Holdings | 7 | 7 |
| YTD Return | -9.27% | -5.01%Best |
| 1Y Return | -26.97% | -19.15%Best |
| Volatility (annualized) | 24.1% | 15.7%Best |
| Max Drawdown | -42.4% | -30.2%Best |
| $10,000 over 1.7 years | $8,242 | $8,883Best |
| Fund Family | Calamos Investments | Calamos Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Feb 4, 2025 | Feb 4, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Feb 4, 2025 to Oct 14, 2026 (1.7 years).
CBTJ vs CBXJ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
CBTJ vs CBXJ Performance
Calamos Bitcoin 80 Series Structured Alt Protection ETF - January (CBTJ) is an ETF from Calamos Investments and Calamos Bitcoin 90 Series Structured Alt Protection ETF - January (CBXJ) is an ETF from Calamos Investments. Over the past year CBTJ returned -26.97% while CBXJ returned -19.15%. Year to date, CBTJ is down 9.27% versus a loss of 5.01% for CBXJ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CBTJ has been the more volatile fund, with annualized monthly volatility of 24.1% compared with 15.7% for CBXJ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -42.4% for CBTJ and -30.2% for CBXJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CBTJ charges 0.69% per year while CBXJ charges 0.69%. On a $10,000 position that is $69 vs $69 annually. On income, CBTJ currently yields 1.53% against 2.02% for CBXJ.
You are not choosing between two funds in isolation.
Whichever of CBTJ and CBXJ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CBTJ or CBXJ?
CBTJ has an expense ratio of 0.69% while CBXJ charges 0.69%. At the precision these are quoted to, they cost the same.
Which performed better, CBTJ or CBXJ?
Over the past year CBTJ returned -26.97% vs -19.15% for CBXJ, so CBXJ leads on 1-year performance. Over the longest common window we track (2 years), CBTJ annualized -10.75% vs -6.73% for CBXJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CBTJ or CBXJ?
CBTJ has been the more volatile fund at 24.1% annualized versus 15.7% for CBXJ. Worst drawdown: CBTJ -42.4% vs CBXJ -30.2%.
Should I hold both CBTJ and CBXJ?
CBTJ and CBXJ have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, CBTJ or CBXJ?
CBTJ yields 1.53% while CBXJ yields 2.02%, so CBXJ currently pays the higher dividend yield.
Is CBXJ better than CBTJ?
CBXJ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.