CBTL vs REW

Comparison between Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF (CBTL, ETF) and ProShares UltraShort Technology -2x Shares (REW, ETF).

CBTL vs REW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBTL(ETF)	REW(ETF)
Net Assets	$3.70M	$3.70M
Expense Ratio	0.79%	N/A
Max Drawdown	29.62%	100.00%
Sharpe Ratio	-2.38	-1.89
5Y Beta	0.83	-4.01
5Y Dividends CAGR	N/A	21.30%

Net Assets

CBTL

$3.70M

REW

$3.70M

Expense Ratio

CBTL

0.79%

REW

N/A

Max Drawdown

Winner

CBTL

29.62%

REW

100.00%

Sharpe Ratio

CBTL

-2.38

Winner

REW

-1.89

5Y Beta

CBTL

0.83

Winner

REW

-4.01

5Y Dividends CAGR

CBTL

N/A

REW

21.30%

CBTL vs REW - Historical Returns

Returns include dividend reinvestment.

Period	CBTL	REW
1 month	-8.25%	-17.61%
3 months	-5.90%	-42.23%
6 months	-17.58%	-37.70%
1 year	N/A	-59.69%
5 years(CAGR)	N/A	-38.32%
10 years(CAGR)	N/A	-44.23%
Max(CAGR)	-40.35%	-36.48%

Winner

CBTL

-8.25%

REW

-17.61%

Winner

CBTL

-5.90%

REW

-42.23%

Winner

CBTL

-17.58%

REW

-37.70%

CBTL

N/A

REW

-59.69%

5Y(CAGR)

CBTL

N/A

REW

-38.32%

10Y(CAGR)

CBTL

N/A

REW

-44.23%

Max(CAGR)

CBTL

-40.35%

Winner

REW

-36.48%

CBTL vs REW - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	CBTL	REW
2026	-17.37%	-39.45%
2025	-14.41%	-43.39%
2024	N/A	-36.89%
2023	N/A	-61.91%
2022	N/A	+67.96%
2021	N/A	-55.23%
2020	N/A	-70.22%
2019	N/A	-56.37%
2018	N/A	-8.60%
2017	N/A	-48.22%
2016	N/A	-33.21%
2015	N/A	-18.25%
2014	N/A	-37.83%
2013	N/A	-37.62%
2012	N/A	-25.21%
2011	N/A	-15.85%
2010	N/A	-28.49%
2009	N/A	-68.81%
2008	N/A	+89.37%
2007	N/A	-19.08%

CBTL vs REW 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 REW was -99.99%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current CBTL drawdown is -28.94%. The current REW drawdown is -99.99%.

Rank	CBTL	REW
#1	-28.94% Oct 27, 2025 - Jun 5, 2026	-99.99% Nov 20, 2008 - Jun 2, 2026
#2	-3.27% Oct 14, 2025 - Oct 27, 2025	-36.47% Mar 5, 2007 - Feb 6, 2008
#3	N/A	-30.96% Mar 17, 2008 - Sep 17, 2008
#4	N/A	-27.82% Oct 27, 2008 - Nov 17, 2008
#5	N/A	-22.43% Oct 10, 2008 - Oct 24, 2008
#6	N/A	-12.32% Sep 17, 2008 - Sep 29, 2008
#7	N/A	-9.96% Feb 7, 2008 - Mar 10, 2008
#8	N/A	-6.41% Mar 10, 2008 - Mar 17, 2008
#9	N/A	-5.39% Sep 29, 2008 - Oct 2, 2008
#10	N/A	-4.69% Feb 12, 2007 - Feb 27, 2007
#11	N/A	-2.30% Feb 6, 2007 - Feb 9, 2007
#12	N/A	-1.93% Nov 17, 2008 - Nov 19, 2008
#13	N/A	-0.22% Feb 2, 2007 - Feb 6, 2007