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COPZ vs CBTL

Comparison between DEFIANCE DAILY TARGET 2X LONG COPPER ETF (COPZ, ETF) and Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF (CBTL, ETF).

COPZ vs CBTL - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
COPZ
$3.70M
CBTL
$3.70M
Expense Ratio
COPZ
N/A
CBTL
0.79%
Max Drawdown
COPZ
49.79%
Winner
CBTL
29.62%
Sharpe Ratio
Winner
COPZ
-0.39
CBTL
-2.38
5Y Beta
COPZ
5.95
Winner
CBTL
0.83

COPZ vs CBTL - Holdings Comparison

COPZ and CBTL have 0 common holdings. Overlap is 0.00%

COPZ's top 25 holdings weight is 18.42%. CBTL's top 25 holdings weight is 99.63%.

RankCOPZCBTL
#1
FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 18.42%
CALAMOS BITCOIN 80 STR ALT PRT ETF-OCT (CBTO) - 28.26%
#2N/A
CALAMOS BITCOIN 80 STR ALT PRT ETF-JULY (CBTY) - 26.20%
#3N/A
CALAMOS BITCOIN 80 STR ALT PRT ETF-APR (CBTA) - 22.59%
#4N/A
CALAMOS BITCOIN 80 STR ALT PRT ETF-JAN (CBTJ) - 22.58%
#5N/AN/A
#6N/AN/A
#7N/AN/A
#8N/AN/A
#9N/AN/A
#10N/AN/A
#11N/AN/A
#12N/AN/A
#13N/AN/A
#14N/AN/A
#15N/AN/A
#16N/AN/A
#17N/AN/A
#18N/AN/A
#19N/AN/A
#20N/AN/A
#21N/AN/A
#22N/AN/A
#23N/AN/A
#24N/AN/A
#25N/AN/A
Total Holdings14

COPZ vs CBTL - Historical Returns

Returns include dividend reinvestment.

1M
Winner
COPZ
+0.02%
CBTL
-8.25%
3M
COPZ
-15.75%
Winner
CBTL
-5.90%
6M
COPZ
N/A
CBTL
-17.58%
Max(CAGR)
COPZ
-64.29%
Winner
CBTL
-40.35%

COPZ vs CBTL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

YearCOPZCBTL
2026-26.04%-17.37%
2025N/A-14.41%

COPZ vs CBTL Drawdown Comparison

The maximum drawdown for COPZ was -49.79%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for CBTL was -28.94%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current COPZ drawdown is -38.76%. The current CBTL drawdown is -28.94%.

RankCOPZCBTL
#1-49.79%
Feb 27, 2026 - Mar 20, 2026
-28.94%
Oct 27, 2025 - Jun 5, 2026
#2-1.31%
Feb 18, 2026 - Feb 20, 2026
-3.27%
Oct 14, 2025 - Oct 27, 2025
#3-0.86%
Feb 25, 2026 - Feb 27, 2026
N/A

Correlation

Correlation between COPZ and CBTL is 0.04 which considered as a very weak or no correlation - the stocks move independently of each other.

0.04
-101

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