CBXJ vs VYM
Calamos Bitcoin 90 Series Structured Alt Protection ETF - January vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | CBXJ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.69% | 0.04% | |
| AUM | $17M | $79.0B | |
| Dividend Yield | 2.23% | 2.86% | |
| Holdings | 7 | 568 | |
| YTD Return | -13.37% | +16.53% | |
| 1Y Return | -27.52% | +25.03% | |
| 3Y Return (annualized) | - | +18.54% | |
| 5Y Return (annualized) | - | +12.25% | |
| Volatility (annualized) | 14.8% | 14.6% | |
| Max Drawdown | -30.2% | -58.8% | |
| Fund Family | Calamos Investments | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 4, 2025 | Nov 10, 2006 |
CBXJ vs VYM Performance
Calamos Bitcoin 90 Series Structured Alt Protection ETF - January (CBXJ) is a ETF from Calamos Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year CBXJ returned -27.52% while VYM returned +25.03%. Year to date, CBXJ is down 13.37% versus a gain of 16.53% for VYM.
Risk: Volatility and Drawdowns
CBXJ has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 14.6% for VYM. 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 -30.2% for CBXJ and -58.8% for VYM. 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 -0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CBXJ charges 0.69% per year while VYM charges 0.04%. On a $10,000 position that is $69 vs $4 annually, a gap of $65 per year that compounds over a long holding period. On income, CBXJ currently yields 2.23% against 2.86% for VYM.
Frequently Asked Questions
Which is cheaper, CBXJ or VYM?
CBXJ has an expense ratio of 0.69% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $65 per year of difference.
Which performed better, CBXJ or VYM?
Over the past year CBXJ returned -27.52% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), CBXJ annualized -12.92% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, CBXJ or VYM?
CBXJ has been the more volatile fund at 14.8% annualized versus 14.6% for VYM. Worst drawdown: CBXJ -30.2% vs VYM -58.8%.
Should I hold both CBXJ and VYM?
CBXJ and VYM have a monthly-return correlation of -0.09, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, CBXJ or VYM?
CBXJ yields 2.23% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.