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CBXY vs HDLB

Comparison between Calamos Bitcoin 90 Series Structured Alt Protection ETF July (CBXY, ETF) and UBS AG London Branch ETRACS Monthly Pay 2X Leveraged US High Divid Low Volatility ETN Ser B 09302044 (HDLB, ETF).

CBXY vs HDLB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CBXY
$5.50M
HDLB
$5.50M
Expense Ratio
CBXY
0.69%
HDLB
N/A
Max Drawdown
Winner
CBXY
16.91%
HDLB
79.05%
Sharpe Ratio
CBXY
-1.57
Winner
HDLB
0.64
5Y Beta
Winner
CBXY
0.28
HDLB
0.63
5Y Dividends CAGR
CBXY
N/A
HDLB
9.65%

CBXY vs HDLB - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CBXY
-0.81%
HDLB
-5.20%
3M
Winner
CBXY
-0.84%
HDLB
-13.09%
6M
CBXY
-6.12%
Winner
HDLB
+8.23%
1Y
CBXY
-11.00%
Winner
HDLB
+19.65%
5Y(CAGR)
CBXY
N/A
HDLB
+11.23%
Max(CAGR)
CBXY
-12.03%
Winner
HDLB
+4.19%

CBXY vs HDLB - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

YearCBXYHDLB
2026-5.92%+8.72%
2025-6.16%+26.23%
2024N/A+23.36%
2023N/A-5.29%
2022N/A-11.13%
2021N/A+65.37%
2020N/A-49.82%
2019N/A+7.93%

CBXY vs HDLB Drawdown Comparison

The maximum drawdown for CBXY was -15.78%, occurring on Apr 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for HDLB was -78.65%, occurring on Mar 23, 2020. Recovery took 1259 trading sessions.

The current CBXY drawdown is -15.66%. The current HDLB drawdown is -14.49%.

RankCBXYHDLB
#1-15.78%
Oct 6, 2025 - Apr 2, 2026
-78.65%
Feb 20, 2020 - Feb 24, 2025
#2-3.53%
Aug 13, 2025 - Oct 2, 2025
-20.94%
Apr 3, 2025 - May 19, 2025
#3-1.67%
Jul 14, 2025 - Aug 11, 2025
-16.14%
Mar 2, 2026 - Jun 4, 2026
#4-0.10%
Aug 11, 2025 - Aug 13, 2025
-11.95%
Oct 1, 2025 - Jan 30, 2026
#5N/A-9.03%
May 19, 2025 - Jul 2, 2025
#6N/A-6.93%
Mar 10, 2025 - Mar 31, 2025
#7N/A-5.29%
Jan 17, 2020 - Feb 13, 2020
#8N/A-5.08%
Jul 24, 2025 - Aug 13, 2025
#9N/A-4.64%
Aug 22, 2025 - Oct 1, 2025
#10N/A-4.11%
Mar 3, 2025 - Mar 7, 2025
#11N/A-3.46%
Jul 10, 2025 - Jul 22, 2025
#12N/A-3.40%
Feb 4, 2026 - Feb 10, 2026
#13N/A-2.61%
Nov 4, 2019 - Dec 6, 2019
#14N/A-2.09%
Feb 25, 2025 - Mar 3, 2025
#15N/A-2.02%
Jul 3, 2025 - Jul 10, 2025

Correlation

Correlation between CBXY and HDLB is -0.73 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.73
-101

Dividend Comparison (2019 - 2026)

CBXY vs HDLB dividend yield comparison.

YearCBXYHDLB
20260.00%4.91%
20251.38%12.20%
20240.00%10.09%
20230.00%12.36%
20220.00%10.86%
20210.00%8.07%
20200.00%16.23%
20190.00%0.97%

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