CBTO vs RNRG

Comparison between Calamos Bitcoin 80 Series Structured Alt Protection ETF October (CBTO, ETF) and GLOBAL X RENEWABLE ENERGY PRODUCERS ETF (RNRG, ETF).

CBTO vs RNRG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBTO(ETF)	RNRG(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.69%	0.65%
Max Drawdown	21.34%	60.77%
Sharpe Ratio	-3.02	1.84
5Y Beta	0.41	0.48
5Y Dividends CAGR	N/A	-17.17%

Net Assets

CBTO

$31M

RNRG

$31M

Expense Ratio

CBTO

0.69%

Winner

RNRG

0.65%

Max Drawdown

Winner

CBTO

21.34%

RNRG

60.77%

Sharpe Ratio

CBTO

-3.02

Winner

RNRG

1.84

5Y Beta

Winner

CBTO

0.41

RNRG

0.48

5Y Dividends CAGR

CBTO

N/A

RNRG

-17.17%

CBTO vs RNRG - Historical Returns

Returns include dividend reinvestment.

Period	CBTO	RNRG
1 month	-3.50%	-3.49%
3 months	-2.80%	+5.06%
6 months	-9.81%	+14.78%
1 year	N/A	+37.31%
5 years(CAGR)	N/A	-3.31%
10 years(CAGR)	N/A	+4.04%
Max(CAGR)	-30.04%	+1.04%

CBTO

-3.50%

Winner

RNRG

-3.49%

CBTO

-2.80%

Winner

RNRG

+5.06%

CBTO

-9.81%

Winner

RNRG

+14.78%

CBTO

N/A

RNRG

+37.31%

5Y(CAGR)

CBTO

N/A

RNRG

-3.31%

10Y(CAGR)

CBTO

N/A

RNRG

+4.04%

Max(CAGR)

CBTO

-30.04%

Winner

RNRG

+1.04%

CBTO vs RNRG - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	CBTO	RNRG
2026	-9.23%	+11.82%
2025	-13.81%	+28.20%
2024	N/A	-20.51%
2023	N/A	-12.01%
2022	N/A	-15.20%
2021	N/A	-13.65%
2020	N/A	+25.92%
2019	N/A	+36.81%
2018	N/A	-6.85%
2017	N/A	+21.48%
2016	N/A	+8.11%
2015	N/A	-28.00%

CBTO vs RNRG Drawdown Comparison

The maximum drawdown for CBTO was -21.17%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for RNRG was -58.79%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current CBTO drawdown is -21.17%. The current RNRG drawdown is -32.54%.

Rank	CBTO	RNRG
#1	-21.17% Oct 8, 2025 - Jun 5, 2026	-58.79% Jan 7, 2021 - Apr 8, 2025
#2	N/A	-38.29% Jun 2, 2015 - Mar 18, 2019
#3	N/A	-38.17% Feb 19, 2020 - Nov 6, 2020
#4	N/A	-4.78% Jul 11, 2019 - Sep 19, 2019
#5	N/A	-3.15% Oct 31, 2019 - Dec 4, 2019
#6	N/A	-3.11% Apr 15, 2019 - Jun 5, 2019
#7	N/A	-2.48% Oct 18, 2019 - Oct 31, 2019
#8	N/A	-1.79% Jun 24, 2019 - Jul 3, 2019
#9	N/A	-1.68% Nov 16, 2020 - Nov 24, 2020
#10	N/A	-1.62% Mar 18, 2019 - Apr 1, 2019
#11	N/A	-1.58% Sep 26, 2019 - Oct 4, 2019
#12	N/A	-1.37% Nov 27, 2020 - Dec 4, 2020
#13	N/A	-1.28% Jun 10, 2019 - Jun 19, 2019
#14	N/A	-1.15% Jan 24, 2020 - Feb 5, 2020
#15	N/A	-1.04% Oct 4, 2019 - Oct 11, 2019

Correlation

Correlation between CBTO and RNRG is -0.87 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.87

-101

Dividend Comparison (2015 - 2025)

CBTO vs RNRG dividend yield comparison.

Year	CBTO	RNRG
2025	0.22%	1.50%
2024	0.00%	1.48%
2023	0.00%	1.44%
2022	0.00%	1.15%
2021	0.00%	1.10%
2020	0.00%	3.16%
2019	0.00%	2.97%
2018	0.00%	5.22%
2017	0.00%	4.14%
2016	0.00%	5.02%
2015	0.00%	3.48%