CBXA vs CBXJ
Calamos Bitcoin 90 Series Structured Alt Protection ETF - April vs Calamos Bitcoin 90 Series Structured Alt Protection ETF - January
Which is better, CBXA or CBXJ?
CBXA has been ahead.
CBXA led over 1Y and the full window.
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 | CBXA | CBXJ |
|---|---|---|
| Expense Ratio | 0.69%Tie | 0.69%Tie |
| AUM | $5M | $19M |
| Dividend Yield | 2.24% | 2.02% |
| Holdings | 7 | 7 |
| YTD Return | -13.44% | -5.01%Best |
| 1Y Return | -18.27%Best | -19.15% |
| Volatility (annualized) | 17.6% | 16.3%Best |
| Max Drawdown | -29.7%Best | -30.2% |
| $10,000 over 1.5 years | $9,635Best | $9,372 |
| Fund Family | Calamos Investments | Calamos Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Apr 7, 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 1.5 years row, are measured over the window both funds cover: Apr 7, 2025 to Oct 14, 2026 (1.5 years).
CBXA 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 1.5 years both funds cover.
CBXA vs CBXJ Performance
Calamos Bitcoin 90 Series Structured Alt Protection ETF - April (CBXA) 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 CBXA returned -18.27% while CBXJ returned -19.15%. Year to date, CBXA is down 13.44% versus a loss of 5.01% for CBXJ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CBXA has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 16.3% 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 -29.7% for CBXA 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CBXA charges 0.69% per year while CBXJ charges 0.69%. On a $10,000 position that is $69 vs $69 annually. On income, CBXA currently yields 2.24% against 2.02% for CBXJ.
You are not choosing between two funds in isolation.
Whichever of CBXA 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, CBXA or CBXJ?
CBXA 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, CBXA or CBXJ?
Over the past year CBXA returned -18.27% vs -19.15% for CBXJ, so CBXA leads on 1-year performance. Over the longest common window we track (2 years), CBXA annualized -2.45% vs -4.23% for CBXJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CBXA or CBXJ?
CBXA has been the more volatile fund at 17.6% annualized versus 16.3% for CBXJ. Worst drawdown: CBXA -29.7% vs CBXJ -30.2%.
Should I hold both CBXA and CBXJ?
CBXA and CBXJ have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CBXA or CBXJ?
CBXA yields 2.24% while CBXJ yields 2.02%, so CBXA currently pays the higher dividend yield.
Is CBXJ better than CBXA?
CBXA led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.