CBOY vs CBXY
Calamos Bitcoin Structured Alt Protection ETF - July vs Calamos Bitcoin 90 Series Structured Alt Protection ETF - July
Which is better, CBOY or CBXY?
CBOY has been ahead.
CBOY 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 | CBOY | CBXY |
|---|---|---|
| Expense Ratio | 0.69%Tie | 0.69%Tie |
| AUM | $5M | $6M |
| Dividend Yield | 1.34% | 1.36% |
| Holdings | 7 | 7 |
| YTD Return | +2.54% | +3.12%Best |
| 1Y Return | +0.45%Best | -5.52% |
| Volatility (annualized) | 2.9%Best | 9.8% |
| Max Drawdown | -4.0%Best | -16.4% |
| $10,000 over 1.3 years | $10,245Best | $9,747 |
| Fund Family | Calamos Investments | Calamos Investments |
| Category | Alternative | Alternative |
| Inception | Jul 8, 2025 | Jul 8, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Oct 12, 2026 (1.3 years).
CBOY vs CBXY 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 1.3 years both funds cover.
CBOY vs CBXY Performance
Calamos Bitcoin Structured Alt Protection ETF - July (CBOY) is an ETF from Calamos Investments and Calamos Bitcoin 90 Series Structured Alt Protection ETF - July (CBXY) is an ETF from Calamos Investments. Over the past year CBOY returned +0.45% while CBXY returned -5.52%. Year to date, CBOY is up 2.54% versus a gain of 3.12% for CBXY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CBXY has been the more volatile fund, with annualized monthly volatility of 9.8% compared with 2.9% for CBOY. 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 -4.0% for CBOY and -16.4% for CBXY. 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
CBOY charges 0.69% per year while CBXY charges 0.69%. On a $10,000 position that is $69 vs $69 annually. On income, CBOY currently yields 1.34% against 1.36% for CBXY.
You are not choosing between two funds in isolation.
Whichever of CBOY and CBXY 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, CBOY or CBXY?
CBOY has an expense ratio of 0.69% while CBXY charges 0.69%. At the precision these are quoted to, they cost the same.
Which performed better, CBOY or CBXY?
Over the past year CBOY returned +0.45% vs -5.52% for CBXY, so CBOY leads on 1-year performance. Over the longest common window we track (1 years), CBOY annualized +1.88% vs -1.95% for CBXY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CBOY or CBXY?
CBXY has been the more volatile fund at 9.8% annualized versus 2.9% for CBOY. Worst drawdown: CBOY -4.0% vs CBXY -16.4%.
Should I hold both CBOY and CBXY?
CBOY and CBXY 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, CBOY or CBXY?
CBOY yields 1.34% while CBXY yields 1.36%, so CBXY currently pays the higher dividend yield.
Is CBXY better than CBOY?
CBOY 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.