DRAI vs CBXJ

Comparison between DRACO EVOLUTION AI ETF (DRAI, ETF) and Calamos Bitcoin 90 Series Structured Alt Protection ETF January (CBXJ, ETF).

DRAI vs CBXJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DRAI(ETF)	CBXJ(ETF)
Net Assets	$21M	$22M
Expense Ratio	1.34%	0.69%
Max Drawdown	15.51%	30.55%
Sharpe Ratio	1.81	-1.46
5Y Beta	0.73	0.34

Net Assets

DRAI

$21M

Winner

CBXJ

$22M

Expense Ratio

DRAI

1.34%

Winner

CBXJ

0.69%

Max Drawdown

Winner

DRAI

15.51%

CBXJ

30.55%

Sharpe Ratio

Winner

DRAI

1.81

CBXJ

-1.46

5Y Beta

DRAI

0.73

Winner

CBXJ

0.34

DRAI vs CBXJ - Historical Returns

Returns include dividend reinvestment.

Period	DRAI	CBXJ
1 month	+0.78%	-8.60%
3 months	+14.43%	-4.62%
6 months	+10.85%	-14.68%
1 year	+36.30%	-20.62%
Max(CAGR)	+19.05%	-14.16%

Winner

DRAI

+0.78%

CBXJ

-8.60%

Winner

DRAI

+14.43%

CBXJ

-4.62%

Winner

DRAI

+10.85%

CBXJ

-14.68%

Winner

DRAI

+36.30%

CBXJ

-20.62%

Max(CAGR)

Winner

DRAI

+19.05%

CBXJ

-14.16%

DRAI vs CBXJ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	DRAI	CBXJ
2026	+12.71%	-12.81%
2025	+33.11%	-7.62%
2024	-7.70%	N/A

DRAI vs CBXJ Drawdown Comparison

The maximum drawdown for DRAI was -13.68%, occurring on Apr 8, 2025. Recovery took 208 trading sessions.

The maximum drawdown for CBXJ was -29.22%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current DRAI drawdown is -5.17%. The current CBXJ drawdown is -29.22%.

Rank	DRAI	CBXJ
#1	-13.68% Jul 16, 2024 - May 14, 2025	-29.22% Oct 6, 2025 - Jun 5, 2026
#2	-7.22% Jan 12, 2026 - Apr 14, 2026	-5.34% Feb 20, 2025 - May 1, 2025
#3	-5.17% Jun 2, 2026 - Jun 5, 2026	-4.80% Aug 13, 2025 - Oct 2, 2025
#4	-5.17% Jul 28, 2025 - Sep 18, 2025	-2.66% Jul 14, 2025 - Aug 12, 2025
#5	-4.53% May 19, 2025 - Jun 3, 2025	-2.59% May 22, 2025 - Jun 10, 2025
#6	-3.56% Oct 8, 2025 - Oct 20, 2025	-1.98% Jun 10, 2025 - Jun 26, 2025
#7	-3.43% May 14, 2026 - Jun 2, 2026	-1.24% Feb 10, 2025 - Feb 20, 2025
#8	-2.75% Oct 29, 2025 - Dec 3, 2025	-0.90% Jun 26, 2025 - Jul 2, 2025
#9	-2.55% Jun 10, 2025 - Jun 24, 2025	-0.83% May 1, 2025 - May 8, 2025
#10	-2.48% Dec 10, 2025 - Jan 12, 2026	-0.52% Feb 5, 2025 - Feb 10, 2025
#11	-1.69% Jul 3, 2025 - Jul 17, 2025	-0.41% Jul 3, 2025 - Jul 9, 2025
#12	-1.67% Jul 10, 2024 - Jul 16, 2024	-0.37% May 9, 2025 - May 13, 2025
#13	-1.56% Sep 22, 2025 - Oct 1, 2025	-0.23% May 13, 2025 - May 16, 2025
#14	-1.32% Apr 24, 2026 - Apr 30, 2026	N/A
#15	-1.20% Jun 4, 2025 - Jun 6, 2025	N/A

Correlation

Correlation between DRAI and CBXJ is -0.46 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.46

-101