CBTJ vs SDTY

Comparison between Calamos Bitcoin 80 Series Structured Alt Protection ETF January (CBTJ, ETF) and YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY, ETF).

CBTJ vs SDTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBTJ(ETF)	SDTY(ETF)
Net Assets	$22M	$22M
Expense Ratio	0.69%	1.08%
Max Drawdown	41.78%	22.80%
Sharpe Ratio	-1.41	1.56
5Y Beta	0.55	0.88

Net Assets

CBTJ

$22M

Winner

SDTY

$22M

Expense Ratio

Winner

CBTJ

0.69%

SDTY

1.08%

Max Drawdown

CBTJ

41.78%

Winner

SDTY

22.80%

Sharpe Ratio

CBTJ

-1.41

Winner

SDTY

1.56

5Y Beta

Winner

CBTJ

0.55

SDTY

0.88

CBTJ vs SDTY - Historical Returns

Returns include dividend reinvestment.

Period	CBTJ	SDTY
1 month	-14.16%	+1.19%
3 months	-8.06%	+6.32%
6 months	-22.51%	+5.76%
1 year	-30.87%	+22.82%
Max(CAGR)	-22.10%	+12.10%

CBTJ

-14.16%

Winner

SDTY

+1.19%

CBTJ

-8.06%

Winner

SDTY

+6.32%

CBTJ

-22.51%

Winner

SDTY

+5.76%

CBTJ

-30.87%

Winner

SDTY

+22.82%

Max(CAGR)

CBTJ

-22.10%

Winner

SDTY

+12.10%

CBTJ vs SDTY - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	CBTJ	SDTY
2026	-21.15%	+5.78%
2025	-11.30%	+9.85%

CBTJ vs SDTY Drawdown Comparison

The maximum drawdown for CBTJ was -40.97%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for SDTY was -18.57%, occurring on Apr 21, 2025. Recovery took 105 trading sessions.

The current CBTJ drawdown is -40.97%. The current SDTY drawdown is -2.91%.

Rank	CBTJ	SDTY
#1	-40.97% Oct 6, 2025 - Jun 5, 2026	-18.57% Feb 18, 2025 - Jul 21, 2025
#2	-9.86% Feb 20, 2025 - May 8, 2025	-8.02% Jan 28, 2026 - Apr 17, 2026
#3	-7.63% Aug 13, 2025 - Oct 2, 2025	-4.19% Nov 12, 2025 - Dec 3, 2025
#4	-4.26% May 22, 2025 - Jun 10, 2025	-2.91% Jun 1, 2026 - Jun 5, 2026
#5	-3.86% Jul 14, 2025 - Aug 12, 2025	-2.78% Oct 8, 2025 - Oct 20, 2025
#6	-3.35% Jun 10, 2025 - Jul 2, 2025	-2.50% Dec 10, 2025 - Dec 23, 2025
#7	-1.92% Feb 10, 2025 - Feb 20, 2025	-2.13% Jan 9, 2026 - Jan 26, 2026
#8	-0.82% Feb 5, 2025 - Feb 10, 2025	-2.01% Jul 28, 2025 - Aug 12, 2025
#9	-0.75% May 13, 2025 - May 19, 2025	-1.83% May 14, 2026 - May 26, 2026
#10	-0.66% Jul 2, 2025 - Jul 9, 2025	-1.76% Oct 29, 2025 - Nov 12, 2025
#11	-0.59% May 9, 2025 - May 13, 2025	-1.35% Aug 28, 2025 - Sep 9, 2025
#12	N/A	-1.16% Sep 22, 2025 - Oct 3, 2025
#13	N/A	-1.14% Aug 18, 2025 - Aug 28, 2025
#14	N/A	-1.12% Dec 26, 2025 - Jan 6, 2026
#15	N/A	-0.94% Feb 6, 2025 - Feb 13, 2025

Correlation

Correlation between CBTJ and SDTY is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

-101