CBTY vs CBXY
Calamos Bitcoin 80 Series Structured Alt Protection ETF - July vs Calamos Bitcoin 90 Series Structured Alt Protection ETF - July
Which is better, CBTY or CBXY?
CBXY has been ahead.
CBXY led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00.
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 | CBTY | CBXY |
|---|---|---|
| Expense Ratio | 0.69%Tie | 0.69%Tie |
| AUM | $6M | $6M |
| Dividend Yield | 1.49% | 1.36% |
| Holdings | 7 | 7 |
| YTD Return | +1.36% | +3.12%Best |
| 1Y Return | -12.16% | -5.52%Best |
| Volatility (annualized) | 16.3% | 9.8%Best |
| Max Drawdown | -27.8% | -16.4%Best |
| $10,000 over 1.3 years | $9,105 | $9,747Best |
| 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).
CBTY 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.
CBTY vs CBXY Performance
Calamos Bitcoin 80 Series Structured Alt Protection ETF - July (CBTY) 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 CBTY returned -12.16% while CBXY returned -5.52%. Year to date, CBTY is up 1.36% versus a gain of 3.12% for CBXY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CBTY has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 9.8% for CBXY. 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 -27.8% for CBTY 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CBTY charges 0.69% per year while CBXY charges 0.69%. On a $10,000 position that is $69 vs $69 annually. On income, CBTY currently yields 1.49% against 1.36% for CBXY.
You are not choosing between two funds in isolation.
Whichever of CBTY 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, CBTY or CBXY?
CBTY 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, CBTY or CBXY?
Over the past year CBTY returned -12.16% vs -5.52% for CBXY, so CBXY leads on 1-year performance. Over the longest common window we track (1 years), CBTY annualized -6.96% vs -1.95% for CBXY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CBTY or CBXY?
CBTY has been the more volatile fund at 16.3% annualized versus 9.8% for CBXY. Worst drawdown: CBTY -27.8% vs CBXY -16.4%.
Should I hold both CBTY and CBXY?
CBTY and CBXY have a monthly-return correlation of 1.00, 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, CBTY or CBXY?
CBTY yields 1.49% while CBXY yields 1.36%, so CBTY currently pays the higher dividend yield.
Is CBXY better than CBTY?
CBXY led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00. Which one suits a particular account depends on what it is for. This is information, not a recommendation.