CBTY vs VOO
Calamos Bitcoin 80 Series Structured Alt Protection ETF - July vs Vanguard S&P 500 ETF
Which is better, CBTY or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO 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 | CBTY | VOO |
|---|---|---|
| Expense Ratio | 0.69% | 0.03%Best |
| AUM | $5M | $997.4B |
| Dividend Yield | 1.49% | 1.04% |
| Holdings | 7 | 509 |
| YTD Return | -0.42% | +12.37%Best |
| 1Y Return | -14.60% | +16.61%Best |
| 3Y Return (annualized) | - | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 16.6% | 12.4%Best |
| Max Drawdown | -27.8% | -8.9%Best |
| $10,000 over 1.2 years | $8,968 | $12,461Best |
| Fund Family | Calamos Investments | Vanguard (US) |
| Category | Alternative | Equity |
| Style | - | Large Cap Blend |
| Inception | Jul 8, 2025 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 8, 2025 to Sep 18, 2026 (1.2 years).
CBTY vs VOO 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 1.2 years both funds cover.
CBTY vs VOO Performance
Calamos Bitcoin 80 Series Structured Alt Protection ETF - July (CBTY) is an ETF from Calamos Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CBTY returned -14.60% while VOO returned +16.61%. Year to date, CBTY is down 0.42% versus a gain of 12.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CBTY has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 12.4% for VOO. 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 -8.9% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.20. They move largely independently of each other.
Fees and Cost Over Time
CBTY charges 0.69% per year while VOO 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, CBTY currently yields 1.49% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 1 holding in CBTY and 494 in VOO, totalling 120.7% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in CBTY and 494 in VOO, against full books of 7 and 509.
You are not choosing between two funds in isolation.
Whichever of CBTY and VOO 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 VOO?
CBTY has an expense ratio of 0.69% while VOO charges 0.03%. VOO is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, CBTY or VOO?
Over the past year CBTY returned -14.60% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), CBTY annualized -8.68% vs +20.12% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CBTY or VOO?
CBTY has been the more volatile fund at 16.6% annualized versus 12.4% for VOO. Worst drawdown: CBTY -27.8% vs VOO -8.9%.
Should I hold both CBTY and VOO?
CBTY and VOO have a monthly-return correlation of 0.20, 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, CBTY or VOO?
CBTY yields 1.49% while VOO yields 1.04%, so CBTY currently pays the higher dividend yield.
Is VOO better than CBTY?
VOO has a lower expense ratio. VOO 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.