CBTY vs SCHD
CBTY vs SCHD
Calamos Bitcoin 80 Series Structured Alt Protection ETF - July vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | CBTY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.69% | 0.06% | |
| AUM | $5M | $103.7B | |
| Dividend Yield | 1.65% | 3.31% | |
| Holdings | 5 | 104 | |
| YTD Return | -10.37% | +24.26% | |
| 1Y Return | -22.32% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 12.1% | 13.6% | |
| Max Drawdown | -27.8% | -33.4% | |
| Fund Family | Calamos Investments | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jul 8, 2025 | Oct 20, 2011 |
CBTY vs SCHD Performance
Calamos Bitcoin 80 Series Structured Alt Protection ETF - July (CBTY) is a ETF from Calamos Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CBTY returned -22.32% while SCHD returned +31.38%. Year to date, CBTY is down 10.37% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.1% for CBTY. 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 -33.4% for SCHD. 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 -0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CBTY charges 0.69% per year while SCHD charges 0.06%. On a $10,000 position that is $69 vs $6 annually, a gap of $63 per year that compounds over a long holding period. On income, CBTY currently yields 1.65% against 3.31% for SCHD.
Frequently Asked Questions
Which is cheaper, CBTY or SCHD?
CBTY has an expense ratio of 0.69% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $63 per year of difference.
Which performed better, CBTY or SCHD?
Over the past year CBTY returned -22.32% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), CBTY annualized -17.95% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, CBTY or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.1% for CBTY. Worst drawdown: CBTY -27.8% vs SCHD -33.4%.
Should I hold both CBTY and SCHD?
CBTY and SCHD have a monthly-return correlation of -0.42, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, CBTY or SCHD?
CBTY yields 1.65% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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