CBOO vs LTAX

Comparison between Calamos Bitcoin Structured Alt Protection ETF October (CBOO, ETF) and Nomura TaxFree USA ETF (LTAX, ETF).

CBOO vs LTAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBOO(ETF)	LTAX(ETF)
Net Assets	$6.10M	$6.20M
Expense Ratio	0.69%	0.39%
Max Drawdown	2.90%	3.49%
Sharpe Ratio	-2.93	0.06
5Y Beta	0.04	0.16

Net Assets

CBOO

$6.10M

Winner

LTAX

$6.20M

Expense Ratio

CBOO

0.69%

Winner

LTAX

0.39%

Max Drawdown

Winner

CBOO

2.90%

LTAX

3.49%

Sharpe Ratio

CBOO

-2.93

Winner

LTAX

0.06

5Y Beta

Winner

CBOO

0.04

LTAX

0.16

CBOO vs LTAX - Historical Returns

Returns include dividend reinvestment.

Period	CBOO	LTAX
1 month	-0.14%	+0.82%
3 months	+0.31%	+1.01%
6 months	-0.08%	N/A
Max(CAGR)	-2.59%	+3.92%

CBOO

-0.14%

Winner

LTAX

+0.82%

CBOO

+0.31%

Winner

LTAX

+1.01%

CBOO

-0.08%

LTAX

N/A

Max(CAGR)

CBOO

-2.59%

Winner

LTAX

+3.92%

CBOO vs LTAX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	CBOO	LTAX
2026	-0.16%	+1.52%
2025	-1.62%	N/A

CBOO vs LTAX Drawdown Comparison

The maximum drawdown for CBOO was -2.34%, occurring on Feb 12, 2026. This drawdown has not yet recovered.

The maximum drawdown for LTAX was -3.18%, occurring on Mar 24, 2026. Recovery took 64 trading sessions.

The current CBOO drawdown is -1.77%. The current LTAX drawdown is -0.38%.

Rank	CBOO	LTAX
#1	-2.34% Oct 8, 2025 - Feb 12, 2026	-3.18% Feb 26, 2026 - May 29, 2026
#2	N/A	-0.78% Jan 14, 2026 - Feb 5, 2026
#3	N/A	-0.38% Jun 4, 2026 - Jun 5, 2026
#4	N/A	-0.27% Feb 10, 2026 - Feb 12, 2026
#5	N/A	-0.27% Feb 5, 2026 - Feb 9, 2026
#6	N/A	-0.21% Jun 2, 2026 - Jun 4, 2026
#7	N/A	-0.19% Feb 24, 2026 - Feb 26, 2026
#8	N/A	-0.01% Feb 13, 2026 - Feb 18, 2026
#9	N/A	-0.00% Feb 19, 2026 - Feb 24, 2026