BHDG vs CBTY
Comparison between Nicholas Bitcoin Tail ETF (BHDG, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF July (CBTY, ETF).
BHDG vs CBTY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
BHDG
$14M
Winner
CBTY
$14M
Expense Ratio
BHDG
N/A
CBTY
0.69%
Max Drawdown
Winner
BHDG
15.06%
CBTY
27.75%
Sharpe Ratio
Winner
BHDG
-1.30
CBTY
-1.63
5Y Beta
Winner
BHDG
-0.87
CBTY
0.53
BHDG vs CBTY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
BHDG
+4.02%
CBTY
-2.51%
3M
BHDG
-6.82%
Winner
CBTY
-2.21%
6M
BHDG
N/A
CBTY
-13.22%
1Y
BHDG
N/A
CBTY
-20.79%
Max(CAGR)
BHDG
-26.99%
Winner
CBTY
-22.44%
BHDG vs CBTY - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | BHDG | CBTY |
|---|---|---|
| 2026 | -6.82% | -12.08% |
| 2025 | N/A | -10.92% |
BHDG vs CBTY Drawdown Comparison
The maximum drawdown for BHDG was -15.06%, occurring on May 11, 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 BHDG drawdown is -10.60%. The current CBTY drawdown is -26.65%.
| Rank | BHDG | CBTY |
|---|---|---|
| #1 | -15.06% Mar 27, 2026 - May 11, 2026 | -26.71% Oct 6, 2025 - Jun 4, 2026 |
| #2 | -1.07% Mar 24, 2026 - Mar 26, 2026 | -5.70% Aug 13, 2025 - Oct 2, 2025 |
| #3 | -0.59% Mar 20, 2026 - Mar 24, 2026 | -3.17% Jul 14, 2025 - Aug 13, 2025 |
Correlation
Correlation between BHDG and CBTY is 0.27 which considered as a very weak or no correlation - the stocks move independently of each other.
0.27
-101
Select Stocks to Compare
Popular: BHDG vs SPYCBTY vs SPY
More Comparisons
Compare with similar stocks