CBTJ vs IVV
Calamos Bitcoin 80 Series Structured Alt Protection ETF - January vs iShares Core S&P 500 ETF
Which is better, CBTJ or IVV?
Option Writing against Large Cap Blend.
IVV has a lower expense ratio. IVV 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 | CBTJ | IVV |
|---|---|---|
| Expense Ratio | 0.69% | 0.03%Best |
| AUM | $25M | $876.4B |
| Dividend Yield | 1.77% | 1.06% |
| Holdings | 7 | 508 |
| YTD Return | -13.77% | +12.27%Best |
| 1Y Return | -31.99% | +17.04%Best |
| 3Y Return (annualized) | - | +21.24% |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 24.4% | 13.1%Best |
| Max Drawdown | -42.4% | -18.8%Best |
| $10,000 over 1.6 years | $7,860 | $12,873Best |
| Fund Family | Calamos Investments | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Feb 4, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 4, 2025 to Sep 17, 2026 (1.6 years).
CBTJ vs IVV 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 1.6 years both funds cover.
CBTJ vs IVV Performance
Calamos Bitcoin 80 Series Structured Alt Protection ETF - January (CBTJ) is an ETF from Calamos Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CBTJ returned -31.99% while IVV returned +17.04%. Year to date, CBTJ is down 13.77% versus a gain of 12.27% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CBTJ has been the more volatile fund, with annualized monthly volatility of 24.4% compared with 13.1% for IVV. 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 -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CBTJ charges 0.69% per year while IVV 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, CBTJ currently yields 1.77% against 1.06% for IVV.
You are not choosing between two funds in isolation.
Whichever of CBTJ and IVV 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 IVV?
CBTJ has an expense ratio of 0.69% while IVV charges 0.03%. IVV is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, CBTJ or IVV?
Over the past year CBTJ returned -31.99% vs +17.04% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), CBTJ annualized -13.97% vs +17.10% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CBTJ or IVV?
CBTJ has been the more volatile fund at 24.4% annualized versus 13.1% for IVV. Worst drawdown: CBTJ -42.4% vs IVV -18.8%.
Should I hold both CBTJ and IVV?
CBTJ and IVV have a monthly-return correlation of 0.35, 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, CBTJ or IVV?
CBTJ yields 1.77% while IVV yields 1.06%, so CBTJ currently pays the higher dividend yield.
Is IVV better than CBTJ?
IVV has a lower expense ratio. IVV 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.