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CBTO vs PJIO

Comparison between Calamos Bitcoin 80 Series Structured Alt Protection ETF October (CBTO, ETF) and PGIM JENNISON INTERNATIONAL OPPORTUNITIES ETF (PJIO, ETF).

CBTO vs PJIO - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CBTO
$28M
PJIO
$28M
Expense Ratio
CBTO
0.69%
Winner
PJIO
0.54%
Max Drawdown
CBTO
21.44%
Winner
PJIO
19.42%
Sharpe Ratio
CBTO
-2.80
Winner
PJIO
0.06
5Y Beta
Winner
CBTO
0.35
PJIO
1.07

CBTO vs PJIO - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CBTO
+0.28%
PJIO
-11.21%
3M
CBTO
-1.86%
Winner
PJIO
+4.65%
6M
CBTO
-8.71%
Winner
PJIO
+1.10%
1Y
CBTO
N/A
PJIO
+2.11%
Max(CAGR)
CBTO
-25.68%
Winner
PJIO
+9.32%

CBTO vs PJIO - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

YearCBTOPJIO
2026-9.00%+1.31%
2025-13.81%+17.58%
2024N/A+7.17%
2023N/A-0.44%

CBTO vs PJIO Drawdown Comparison

The maximum drawdown for CBTO was -21.27%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The maximum drawdown for PJIO was -19.26%, occurring on Mar 30, 2026. Recovery took 159 trading sessions.

The current CBTO drawdown is -20.97%. The current PJIO drawdown is -11.21%.

RankCBTOPJIO
#1-21.27%
Oct 8, 2025 - Jun 24, 2026
-19.26%
Oct 8, 2025 - May 28, 2026
#2N/A-18.74%
Feb 18, 2025 - May 15, 2025
#3N/A-14.37%
Jun 22, 2026 - Jul 20, 2026
#4N/A-11.43%
Jul 12, 2024 - Aug 23, 2024
#5N/A-11.28%
Sep 26, 2024 - Feb 13, 2025
#6N/A-8.98%
Mar 21, 2024 - Jun 5, 2024
#7N/A-7.59%
Jun 2, 2026 - Jun 15, 2026
#8N/A-7.08%
Aug 30, 2024 - Sep 26, 2024
#9N/A-5.29%
Jul 15, 2025 - Sep 8, 2025
#10N/A-4.87%
Dec 27, 2023 - Jan 25, 2024
#11N/A-3.57%
Jun 6, 2025 - Jun 26, 2025
#12N/A-3.16%
Feb 9, 2024 - Feb 15, 2024
#13N/A-2.46%
Sep 22, 2025 - Oct 2, 2025
#14N/A-2.45%
Jun 12, 2024 - Jul 10, 2024
#15N/A-2.25%
Mar 7, 2024 - Mar 21, 2024

Correlation

Correlation between CBTO and PJIO is -0.10 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.10
-101

Dividend Comparison (2024 - 2025)

CBTO vs PJIO dividend yield comparison.

YearCBTOPJIO
20250.22%0.19%
20240.00%0.22%

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