CBTY vs LOCT

Comparison between Calamos Bitcoin 80 Series Structured Alt Protection ETF July (CBTY, ETF) and Innovator Premium Income 15 Buffer ETF - October (LOCT, ETF).

CBTY vs LOCT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBTY(ETF)	LOCT(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.69%	0.79%
Max Drawdown	27.75%	6.54%
Sharpe Ratio	-1.63	0.86
5Y Beta	0.53	0.20

Net Assets

CBTY

$14M

LOCT

$14M

Expense Ratio

Winner

CBTY

0.69%

LOCT

0.79%

Max Drawdown

CBTY

27.75%

Winner

LOCT

6.54%

Sharpe Ratio

CBTY

-1.63

Winner

LOCT

0.86

5Y Beta

CBTY

0.53

Winner

LOCT

0.20

CBTY vs LOCT - Historical Returns

Returns include dividend reinvestment.

Period	CBTY	LOCT
1 month	-2.51%	+0.33%
3 months	-2.21%	+1.97%
6 months	-13.22%	+2.86%
1 year	-20.79%	+5.57%
Max(CAGR)	-22.44%	+6.01%

CBTY

-2.51%

Winner

LOCT

+0.33%

CBTY

-2.21%

Winner

LOCT

+1.97%

CBTY

-13.22%

Winner

LOCT

+2.86%

CBTY

-20.79%

Winner

LOCT

+5.57%

Max(CAGR)

CBTY

-22.44%

Winner

LOCT

+6.01%

CBTY vs LOCT - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	CBTY	LOCT
2026	-12.08%	+2.24%
2025	-10.92%	+5.60%
2024	N/A	+5.21%
2023	N/A	+2.95%

CBTY vs LOCT Drawdown Comparison

The maximum drawdown for CBTY was -26.71%, occurring on Jun 4, 2026. This drawdown has not yet recovered.

The maximum drawdown for LOCT was -4.69%, occurring on Apr 8, 2025. Recovery took 32 trading sessions.

The current CBTY drawdown is -26.65%. The current LOCT drawdown is -0.06%.

Rank	CBTY	LOCT
#1	-26.71% Oct 6, 2025 - Jun 4, 2026	-4.69% Mar 25, 2025 - May 9, 2025
#2	-5.70% Aug 13, 2025 - Oct 2, 2025	-1.23% Feb 25, 2026 - Apr 8, 2026
#3	-3.17% Jul 14, 2025 - Aug 13, 2025	-0.95% Feb 19, 2025 - Mar 24, 2025
#4	N/A	-0.93% Oct 27, 2025 - Nov 26, 2025
#5	N/A	-0.74% Oct 11, 2023 - Nov 1, 2023
#6	N/A	-0.59% Dec 11, 2024 - Dec 24, 2024
#7	N/A	-0.55% Oct 6, 2025 - Oct 20, 2025
#8	N/A	-0.51% Sep 30, 2024 - Oct 15, 2024
#9	N/A	-0.44% Jan 9, 2026 - Feb 2, 2026
#10	N/A	-0.42% Oct 18, 2024 - Nov 6, 2024
#11	N/A	-0.38% Jul 31, 2024 - Aug 8, 2024
#12	N/A	-0.38% May 19, 2025 - May 30, 2025
#13	N/A	-0.29% Oct 2, 2023 - Oct 6, 2023
#14	N/A	-0.29% Jan 6, 2025 - Jan 15, 2025
#15	N/A	-0.25% Feb 9, 2026 - Feb 25, 2026

Correlation

Correlation between CBTY and LOCT is -0.90 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.90

-101