AMA vs CBTY

Comparison between DEFIANCE DAILY TARGET 2X LONG AMAT ETF (AMA, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF July (CBTY, ETF).

AMA vs CBTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AMA(ETF)	CBTY(ETF)
Net Assets	$14M	$14M
Expense Ratio	N/A	0.69%
Max Drawdown	19.35%	27.75%
Sharpe Ratio	3.11	-1.63
5Y Beta	7.55	0.53

Net Assets

AMA

$14M

Winner

CBTY

$14M

Expense Ratio

AMA

N/A

CBTY

0.69%

Max Drawdown

Winner

AMA

19.35%

CBTY

27.75%

Sharpe Ratio

Winner

AMA

3.11

CBTY

-1.63

5Y Beta

AMA

7.55

Winner

CBTY

0.53

AMA vs CBTY - Historical Returns

Returns include dividend reinvestment.

Period	AMA	CBTY
1 month	N/A	-2.51%
3 months	N/A	-2.21%
6 months	N/A	-13.22%
1 year	N/A	-20.79%
Max(CAGR)	+3703.84%	-22.44%

AMA

N/A

CBTY

-2.51%

AMA

N/A

CBTY

-2.21%

AMA

N/A

CBTY

-13.22%

AMA

N/A

CBTY

-20.79%

Max(CAGR)

Winner

AMA

+3703.84%

CBTY

-22.44%

AMA vs CBTY - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	AMA	CBTY
2026	+13.83%	-12.08%
2025	N/A	-10.92%

AMA vs CBTY Drawdown Comparison

The maximum drawdown for AMA was -19.35%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for CBTY was -26.71%, occurring on Jun 4, 2026. This drawdown has not yet recovered.

The current AMA drawdown is -5.53%. The current CBTY drawdown is -26.65%.

Rank	AMA	CBTY
#1	-19.35% Jun 4, 2026 - Jun 5, 2026	-26.71% Oct 6, 2025 - Jun 4, 2026
#2	-3.14% May 26, 2026 - Jun 1, 2026	-5.70% Aug 13, 2025 - Oct 2, 2025
#3	N/A	-3.17% Jul 14, 2025 - Aug 13, 2025

Correlation

Correlation between AMA and CBTY is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101