CBOA vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricCBOAVTIWinner
Expense Ratio0.69%0.03%
AUM$5M$663.5B
Dividend Yield2.38%1.07%
Holdings73,543
YTD Return-6.24%+14.96%
1Y Return-6.67%+22.39%
3Y Return (annualized)-+21.51%
5Y Return (annualized)-+12.36%
Volatility (annualized)5.8%15.4%
Max Drawdown-8.9%-56.6%
Fund FamilyCalamos InvestmentsVanguard (US)
CategoryAlternativeEquity
InceptionApr 7, 2025May 24, 2001

CBOA vs VTI Performance

Calamos Bitcoin Structured Alt Protection ETF - April (CBOA) is a ETF from Calamos Investments and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year CBOA returned -6.67% while VTI returned +22.39%. Year to date, CBOA is down 6.24% versus a gain of 14.96% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 5.8% for CBOA. 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 -8.9% for CBOA and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CBOA charges 0.69% per year while VTI charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, CBOA currently yields 2.38% against 1.07% for VTI.

Frequently Asked Questions

Which is cheaper, CBOA or VTI?

CBOA has an expense ratio of 0.69% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $66 per year of difference.

Which performed better, CBOA or VTI?

Over the past year CBOA returned -6.67% vs +22.39% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (1 years), CBOA annualized -0.63% vs +8.16% for VTI. Past performance does not guarantee future results.

Which is riskier, CBOA or VTI?

VTI has been the more volatile fund at 15.4% annualized versus 5.8% for CBOA. Worst drawdown: CBOA -8.9% vs VTI -56.6%.

Should I hold both CBOA and VTI?

CBOA and VTI have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, CBOA or VTI?

CBOA yields 2.38% while VTI yields 1.07%, so CBOA currently pays the higher dividend yield.

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