CBTL vs GLGG

Comparison between Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF (CBTL, ETF) and LEVERAGE SHARES 2X LONG GLXY DAILY ETF (GLGG, ETF).

CBTL vs GLGG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBTL(ETF)	GLGG(ETF)
Net Assets	$3.70M	$3.80M
Expense Ratio	0.79%	N/A
Max Drawdown	29.62%	90.66%
Sharpe Ratio	-2.38	0.38
5Y Beta	0.83	7.94

Net Assets

CBTL

$3.70M

Winner

GLGG

$3.80M

Expense Ratio

CBTL

0.79%

GLGG

N/A

Max Drawdown

Winner

CBTL

29.62%

GLGG

90.66%

Sharpe Ratio

CBTL

-2.38

Winner

GLGG

0.38

5Y Beta

Winner

CBTL

0.83

GLGG

7.94

CBTL vs GLGG - Holdings Comparison

CBTL and GLGG have 0 common holdings. Overlap is 0.00%

CBTL's top 25 holdings weight is 99.63%. GLGG's top 25 holdings weight is 5.09%.

Rank	CBTL	GLGG
#1	CALAMOS BITCOIN 80 STR ALT PRT ETF-OCT (CBTO) - 28.26%	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 5.09%
#2	CALAMOS BITCOIN 80 STR ALT PRT ETF-JULY (CBTY) - 26.20%	N/A
#3	CALAMOS BITCOIN 80 STR ALT PRT ETF-APR (CBTA) - 22.59%	N/A
#4	CALAMOS BITCOIN 80 STR ALT PRT ETF-JAN (CBTJ) - 22.58%	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	4	1

CBTL vs GLGG - Historical Returns

Returns include dividend reinvestment.

Period	CBTL	GLGG
1 month	-8.25%	-35.81%
3 months	-5.90%	-0.82%
6 months	-17.58%	-43.42%
Max(CAGR)	-40.35%	-58.91%

Winner

CBTL

-8.25%

GLGG

-35.81%

CBTL

-5.90%

Winner

GLGG

-0.82%

Winner

CBTL

-17.58%

GLGG

-43.42%

Max(CAGR)

Winner

CBTL

-40.35%

GLGG

-58.91%

CBTL vs GLGG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	CBTL	GLGG
2026	-17.37%	-35.35%
2025	-14.41%	-36.55%

CBTL vs GLGG Drawdown Comparison

The maximum drawdown for CBTL was -28.94%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for GLGG was -90.66%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current CBTL drawdown is -28.94%. The current GLGG drawdown is -82.63%.

Rank	CBTL	GLGG
#1	-28.94% Oct 27, 2025 - Jun 5, 2026	-90.66% Oct 21, 2025 - Mar 30, 2026
#2	-3.27% Oct 14, 2025 - Oct 27, 2025	-21.54% Oct 9, 2025 - Oct 21, 2025
#3	N/A	-20.97% Aug 22, 2025 - Sep 9, 2025
#4	N/A	-19.42% Sep 24, 2025 - Oct 1, 2025
#5	N/A	-3.79% Sep 22, 2025 - Sep 24, 2025
#6	N/A	-3.64% Sep 9, 2025 - Sep 11, 2025
#7	N/A	-2.23% Oct 2, 2025 - Oct 6, 2025
#8	N/A	-1.51% Sep 18, 2025 - Sep 22, 2025