CBOJ vs BWTG

Comparison between Calamos Bitcoin Structured Alt Protection ETF January (CBOJ, ETF) and BRENDAN WOOD TOPGUN ETF (BWTG, ETF).

CBOJ vs BWTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBOJ(ETF)	BWTG(ETF)
Net Assets	$20M	$21M
Expense Ratio	0.69%	0.95%
Max Drawdown	10.92%	13.18%
Sharpe Ratio	-1.65	1.09
5Y Beta	0.08	0.78
P/E Ratio	N/A	31.82
Forward P/E	N/A	23.15
PEG Ratio	N/A	0.51
5Y EPS CAGR	N/A	24.96%
P/S Ratio	N/A	3.37
P/B Ratio	N/A	6.17

Net Assets

CBOJ

$20M

Winner

BWTG

$21M

Expense Ratio

Winner

CBOJ

0.69%

BWTG

0.95%

Max Drawdown

Winner

CBOJ

10.92%

BWTG

13.18%

Sharpe Ratio

CBOJ

-1.65

Winner

BWTG

1.09

5Y Beta

Winner

CBOJ

0.08

BWTG

0.78

P/E Ratio

CBOJ

N/A

BWTG

31.82

Forward P/E

CBOJ

N/A

BWTG

23.15

PEG Ratio

CBOJ

N/A

BWTG

0.51

5Y EPS CAGR

CBOJ

N/A

BWTG

24.96%

P/S Ratio

CBOJ

N/A

BWTG

3.37

P/B Ratio

CBOJ

N/A

BWTG

6.17

CBOJ vs BWTG - Historical Returns

Returns include dividend reinvestment.

Period	CBOJ	BWTG
1 month	-1.85%	+2.11%
3 months	-0.34%	+8.94%
6 months	-2.23%	+6.38%
1 year	-4.34%	+16.86%
Max(CAGR)	-1.70%	+21.98%

CBOJ

-1.85%

Winner

BWTG

+2.11%

CBOJ

-0.34%

Winner

BWTG

+8.94%

CBOJ

-2.23%

Winner

BWTG

+6.38%

CBOJ

-4.34%

Winner

BWTG

+16.86%

Max(CAGR)

CBOJ

-1.70%

Winner

BWTG

+21.98%

CBOJ vs BWTG - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	CBOJ	BWTG
2026	-1.74%	+5.31%
2025	-0.82%	+16.60%
2024	N/A	+22.00%
2023	N/A	+12.60%

CBOJ vs BWTG Drawdown Comparison

The maximum drawdown for CBOJ was -8.13%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for BWTG was -13.18%, occurring on Apr 8, 2025. Recovery took 96 trading sessions.

The current CBOJ drawdown is -7.86%. The current BWTG drawdown is -0.25%.

Rank	CBOJ	BWTG
#1	-8.13% Oct 6, 2025 - Feb 5, 2026	-13.18% Feb 13, 2025 - Jul 3, 2025
#2	-1.70% Jan 30, 2025 - May 1, 2025	-9.93% Feb 11, 2026 - Apr 17, 2026
#3	-1.58% Aug 13, 2025 - Sep 18, 2025	-8.23% Jul 16, 2024 - Aug 23, 2024
#4	-1.33% Sep 18, 2025 - Oct 1, 2025	-6.76% Mar 21, 2024 - May 15, 2024
#5	-0.91% May 22, 2025 - Jun 26, 2025	-5.75% Nov 29, 2024 - Jan 30, 2025
#6	-0.65% Jul 14, 2025 - Aug 7, 2025	-3.67% Aug 30, 2024 - Sep 13, 2024
#7	-0.27% Jun 26, 2025 - Jul 2, 2025	-3.36% Oct 28, 2025 - Nov 25, 2025
#8	-0.15% May 15, 2025 - May 19, 2025	-3.27% Oct 18, 2024 - Nov 6, 2024
#9	-0.12% Jul 3, 2025 - Jul 9, 2025	-3.21% May 14, 2026 - May 26, 2026
#10	-0.09% Aug 7, 2025 - Aug 11, 2025	-3.15% Nov 28, 2025 - Dec 26, 2025
#11	-0.09% May 13, 2025 - May 15, 2025	-3.06% Oct 3, 2025 - Oct 24, 2025
#12	-0.08% Jan 23, 2025 - Jan 29, 2025	-2.68% Jun 4, 2026 - Jun 10, 2026
#13	-0.08% May 9, 2025 - May 13, 2025	-2.66% Jan 12, 2026 - Feb 11, 2026
#14	-0.00% May 5, 2025 - May 7, 2025	-2.18% Dec 28, 2023 - Jan 9, 2024
#15	N/A	-2.05% Nov 11, 2024 - Nov 26, 2024

Correlation

Correlation between CBOJ and BWTG is -0.30 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.30

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