CBTA vs RND

Comparison between Calamos Bitcoin 80 Series Structured Alt Protection ETF April (CBTA, ETF) and FIRST TRUST BLOOMBERG R&D LEADERS ETF (RND, ETF).

CBTA vs RND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBTA(ETF)	RND(ETF)
Net Assets	$4.60M	$4.60M
Expense Ratio	0.69%	0.60%
Max Drawdown	39.39%	23.52%
Sharpe Ratio	-1.25	1.12
5Y Beta	0.66	1.23
P/E Ratio	N/A	35.27
Forward P/E	N/A	27.83
PEG Ratio	N/A	0.67
5Y EPS CAGR	N/A	28.34%
Debt to Equity	N/A	112.74%
P/S Ratio	N/A	7.61
P/B Ratio	N/A	10.25

Net Assets

CBTA

$4.60M

RND

$4.60M

Expense Ratio

CBTA

0.69%

Winner

RND

0.60%

Max Drawdown

CBTA

39.39%

Winner

RND

23.52%

Sharpe Ratio

CBTA

-1.25

Winner

RND

1.12

5Y Beta

Winner

CBTA

0.66

RND

1.23

P/E Ratio

CBTA

N/A

RND

35.27

Forward P/E

CBTA

N/A

RND

27.83

PEG Ratio

CBTA

N/A

RND

0.67

5Y EPS CAGR

CBTA

N/A

RND

28.34%

Debt to Equity

CBTA

N/A

RND

112.74%

P/S Ratio

CBTA

N/A

RND

7.61

P/B Ratio

CBTA

N/A

RND

10.25

CBTA vs RND - Historical Returns

Returns include dividend reinvestment.

Period	CBTA	RND
1 month	-13.44%	+1.62%
3 months	-11.26%	+7.83%
6 months	-27.65%	+2.19%
1 year	-29.98%	+23.37%
Max(CAGR)	-15.86%	+25.31%

CBTA

-13.44%

Winner

RND

+1.62%

CBTA

-11.26%

Winner

RND

+7.83%

CBTA

-27.65%

Winner

RND

+2.19%

CBTA

-29.98%

Winner

RND

+23.37%

Max(CAGR)

CBTA

-15.86%

Winner

RND

+25.31%

CBTA vs RND - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CBTA	RND
2026	-28.31%	+3.62%
2025	+11.80%	+22.66%
2024	N/A	+26.88%

CBTA vs RND Drawdown Comparison

The maximum drawdown for CBTA was -38.87%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for RND was -23.52%, occurring on Apr 8, 2025. Recovery took 105 trading sessions.

The current CBTA drawdown is -38.87%. The current RND drawdown is -3.77%.

Rank	CBTA	RND
#1	-38.87% Oct 6, 2025 - Jun 5, 2026	-23.52% Jan 23, 2025 - Jun 25, 2025
#2	-4.25% Sep 18, 2025 - Oct 2, 2025	-15.56% Oct 29, 2025 - May 6, 2026
#3	-3.83% Aug 13, 2025 - Sep 12, 2025	-13.99% Jul 10, 2024 - Oct 14, 2024
#4	-3.29% May 27, 2025 - Jun 10, 2025	-5.71% Dec 16, 2024 - Jan 22, 2025
#5	-2.83% Jul 14, 2025 - Aug 12, 2025	-3.77% Jun 2, 2026 - Jun 5, 2026
#6	-1.96% Jun 16, 2025 - Jun 25, 2025	-3.59% Oct 8, 2025 - Oct 24, 2025
#7	-1.75% Jun 10, 2025 - Jun 16, 2025	-3.21% Nov 11, 2024 - Dec 2, 2024
#8	-1.32% Apr 9, 2025 - Apr 11, 2025	-3.09% Oct 29, 2024 - Nov 6, 2024
#9	-1.09% May 2, 2025 - May 7, 2025	-2.96% May 14, 2026 - May 26, 2026
#10	-0.86% Jun 30, 2025 - Jul 2, 2025	-2.72% Jul 28, 2025 - Aug 12, 2025
#11	-0.69% May 22, 2025 - May 27, 2025	-2.38% Aug 14, 2025 - Aug 28, 2025
#12	-0.62% Sep 12, 2025 - Sep 18, 2025	-1.94% Sep 22, 2025 - Oct 1, 2025
#13	-0.48% Apr 29, 2025 - May 1, 2025	-1.92% Aug 28, 2025 - Sep 4, 2025
#14	-0.45% Apr 25, 2025 - Apr 29, 2025	-1.68% Jun 18, 2024 - Jun 26, 2024
#15	-0.30% May 13, 2025 - May 16, 2025	-1.66% Oct 22, 2024 - Oct 29, 2024

Correlation

Correlation between CBTA and RND is -0.31 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.31

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