AAPY vs CBXY

Comparison between Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY, ETF) and Calamos Bitcoin 90 Series Structured Alt Protection ETF July (CBXY, ETF).

AAPY vs CBXY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AAPY(ETF)	CBXY(ETF)
Net Assets	$5.40M	$5.50M
Expense Ratio	0.99%	0.69%
Max Drawdown	35.24%	16.91%
Sharpe Ratio	1.60	-1.57
5Y Beta	0.98	0.28

Net Assets

AAPY

$5.40M

Winner

CBXY

$5.50M

Expense Ratio

AAPY

0.99%

Winner

CBXY

0.69%

Max Drawdown

AAPY

35.24%

Winner

CBXY

16.91%

Sharpe Ratio

Winner

AAPY

1.60

CBXY

-1.57

5Y Beta

AAPY

0.98

Winner

CBXY

0.28

AAPY vs CBXY - Historical Returns

Returns include dividend reinvestment.

Period	AAPY	CBXY
1 month	+9.41%	-0.81%
3 months	+20.23%	-0.84%
6 months	+11.53%	-6.12%
1 year	+44.18%	-11.00%
Max(CAGR)	+19.01%	-12.03%

Winner

AAPY

+9.41%

CBXY

-0.81%

Winner

AAPY

+20.23%

CBXY

-0.84%

Winner

AAPY

+11.53%

CBXY

-6.12%

Winner

AAPY

+44.18%

CBXY

-11.00%

Max(CAGR)

Winner

AAPY

+19.01%

CBXY

-12.03%

AAPY vs CBXY - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	AAPY	CBXY
2026	+14.26%	-5.92%
2025	+7.27%	-6.16%
2024	+24.80%	N/A
2023	+9.23%	N/A

AAPY vs CBXY Drawdown Comparison

The maximum drawdown for AAPY was -29.24%, occurring on Apr 8, 2025. Recovery took 211 trading sessions.

The maximum drawdown for CBXY was -15.78%, occurring on Apr 2, 2026. This drawdown has not yet recovered.

The current AAPY drawdown is -2.32%. The current CBXY drawdown is -15.66%.

Rank	AAPY	CBXY
#1	-29.24% Dec 26, 2024 - Oct 30, 2025	-15.78% Oct 6, 2025 - Apr 2, 2026
#2	-14.46% Dec 2, 2025 - May 5, 2026	-3.53% Aug 13, 2025 - Oct 2, 2025
#3	-12.79% Jan 23, 2024 - Jun 11, 2024	-1.67% Jul 14, 2025 - Aug 11, 2025
#4	-8.26% Jul 16, 2024 - Aug 20, 2024	-0.10% Aug 11, 2025 - Aug 13, 2025
#5	-6.43% Dec 15, 2023 - Jan 23, 2024	N/A
#6	-5.00% Oct 21, 2024 - Dec 2, 2024	N/A
#7	-4.87% Aug 29, 2024 - Sep 19, 2024	N/A
#8	-4.31% Sep 30, 2024 - Oct 15, 2024	N/A
#9	-2.32% Jun 2, 2026 - Jun 5, 2026	N/A
#10	-2.15% Nov 11, 2025 - Nov 24, 2025	N/A
#11	-2.14% May 29, 2026 - Jun 2, 2026	N/A
#12	-1.15% Sep 20, 2024 - Sep 30, 2024	N/A
#13	-1.13% Dec 17, 2024 - Dec 20, 2024	N/A
#14	-1.12% Jul 10, 2024 - Jul 15, 2024	N/A
#15	-0.98% May 15, 2026 - May 20, 2026	N/A

Correlation

Correlation between AAPY and CBXY is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

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