CBXY vs LITL

Comparison between Calamos Bitcoin 90 Series Structured Alt Protection ETF July (CBXY, ETF) and Simplify Piper Sandler US SmallCap PLUS Income ETF (LITL, ETF).

CBXY vs LITL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBXY(ETF)	LITL(ETF)
Net Assets	$5.50M	$5.50M
Expense Ratio	0.69%	0.91%
Max Drawdown	16.91%	9.74%
Sharpe Ratio	-1.57	0.82
5Y Beta	0.28	1.18
P/E Ratio	N/A	10.34
Forward P/E	N/A	12.83
5Y EPS CAGR	N/A	19.72%
Debt to Equity	N/A	54.26%
P/S Ratio	N/A	1.48
P/B Ratio	N/A	2.14

Net Assets

CBXY

$5.50M

LITL

$5.50M

Expense Ratio

Winner

CBXY

0.69%

LITL

0.91%

Max Drawdown

CBXY

16.91%

Winner

LITL

9.74%

Sharpe Ratio

CBXY

-1.57

Winner

LITL

0.82

5Y Beta

Winner

CBXY

0.28

LITL

1.18

P/E Ratio

CBXY

N/A

LITL

10.34

Forward P/E

CBXY

N/A

LITL

12.83

5Y EPS CAGR

CBXY

N/A

LITL

19.72%

Debt to Equity

CBXY

N/A

LITL

54.26%

P/S Ratio

CBXY

N/A

LITL

1.48

P/B Ratio

CBXY

N/A

LITL

2.14

CBXY vs LITL - Historical Returns

Returns include dividend reinvestment.

Period	CBXY	LITL
1 month	-0.81%	-1.13%
3 months	-0.84%	+5.16%
6 months	-6.12%	+6.86%
1 year	-11.00%	+19.08%
Max(CAGR)	-12.03%	+23.40%

Winner

CBXY

-0.81%

LITL

-1.13%

CBXY

-0.84%

Winner

LITL

+5.16%

CBXY

-6.12%

Winner

LITL

+6.86%

CBXY

-11.00%

Winner

LITL

+19.08%

Max(CAGR)

CBXY

-12.03%

Winner

LITL

+23.40%

CBXY vs LITL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	CBXY	LITL
2026	-5.92%	+6.80%
2025	-6.16%	+18.37%

CBXY vs LITL 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 LITL was -9.32%, occurring on Mar 20, 2026. Recovery took 59 trading sessions.

The current CBXY drawdown is -15.66%. The current LITL drawdown is -1.45%.

Rank	CBXY	LITL
#1	-15.78% Oct 6, 2025 - Apr 2, 2026	-9.32% Jan 22, 2026 - Apr 17, 2026
#2	-3.53% Aug 13, 2025 - Oct 2, 2025	-8.53% Jul 3, 2025 - Aug 22, 2025
#3	-1.67% Jul 14, 2025 - Aug 11, 2025	-7.68% Sep 11, 2025 - Nov 26, 2025
#4	-0.10% Aug 11, 2025 - Aug 13, 2025	-4.19% May 1, 2026 - May 27, 2026
#5	N/A	-3.90% May 13, 2025 - Jun 6, 2025
#6	N/A	-3.21% Jun 10, 2025 - Jun 26, 2025
#7	N/A	-3.08% Dec 11, 2025 - Jan 12, 2026
#8	N/A	-1.90% Apr 20, 2026 - May 1, 2026
#9	N/A	-1.65% Jan 15, 2026 - Jan 21, 2026
#10	N/A	-1.60% Jun 1, 2026 - Jun 4, 2026
#11	N/A	-1.59% Aug 27, 2025 - Sep 4, 2025
#12	N/A	-1.45% Jun 4, 2026 - Jun 5, 2026
#13	N/A	-1.34% Aug 22, 2025 - Aug 27, 2025
#14	N/A	-1.15% Nov 26, 2025 - Dec 3, 2025
#15	N/A	-1.15% Sep 4, 2025 - Sep 11, 2025