EMIF vs CBTY

Comparison between ISHARES EMERGING MARKETS INFRASTRUCTURE ETF (EMIF, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF July (CBTY, ETF).

EMIF vs CBTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMIF(ETF)	CBTY(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.60%	0.69%
Max Drawdown	54.60%	27.75%
Sharpe Ratio	0.83	-1.63
5Y Beta	0.46	0.53
5Y Dividends CAGR	16.21%	N/A

Net Assets

EMIF

$14M

Winner

CBTY

$14M

Expense Ratio

Winner

EMIF

0.60%

CBTY

0.69%

Max Drawdown

EMIF

54.60%

Winner

CBTY

27.75%

Sharpe Ratio

Winner

EMIF

0.83

CBTY

-1.63

5Y Beta

Winner

EMIF

0.46

CBTY

0.53

5Y Dividends CAGR

EMIF

16.21%

CBTY

N/A

EMIF vs CBTY - Historical Returns

Returns include dividend reinvestment.

Period	EMIF	CBTY
1 month	-9.94%	-2.51%
3 months	-7.39%	-2.21%
6 months	-1.30%	-13.22%
1 year	+16.59%	-20.79%
5 years(CAGR)	+4.22%	N/A
10 years(CAGR)	+1.76%	N/A
Max(CAGR)	+3.30%	-22.44%

EMIF

-9.94%

Winner

CBTY

-2.51%

EMIF

-7.39%

Winner

CBTY

-2.21%

Winner

EMIF

-1.30%

CBTY

-13.22%

Winner

EMIF

+16.59%

CBTY

-20.79%

5Y(CAGR)

EMIF

+4.22%

CBTY

N/A

10Y(CAGR)

EMIF

+1.76%

CBTY

N/A

Max(CAGR)

Winner

EMIF

+3.30%

CBTY

-22.44%

EMIF vs CBTY - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	EMIF	CBTY
2026	-2.05%	-12.08%
2025	+34.54%	-10.92%
2024	+0.22%	N/A
2023	+5.96%	N/A
2022	-13.18%	N/A
2021	+4.35%	N/A
2020	-20.97%	N/A
2019	+14.58%	N/A
2018	-15.13%	N/A
2017	+20.41%	N/A
2016	+9.34%	N/A
2015	-13.41%	N/A
2014	+0.27%	N/A
2013	+0.86%	N/A
2012	+20.26%	N/A
2011	-14.46%	N/A
2010	+15.56%	N/A
2009	+21.62%	N/A

EMIF vs CBTY Drawdown Comparison

The maximum drawdown for EMIF was -48.03%, occurring on Mar 23, 2020. Recovery took 1995 trading sessions.

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

The current EMIF drawdown is -15.32%. The current CBTY drawdown is -26.65%.

Rank	EMIF	CBTY
#1	-48.03% Jan 26, 2018 - Jan 5, 2026	-26.71% Oct 6, 2025 - Jun 4, 2026
#2	-35.10% Sep 3, 2014 - Jan 25, 2018	-5.70% Aug 13, 2025 - Oct 2, 2025
#3	-31.19% Apr 21, 2011 - Jan 4, 2013	-3.17% Jul 14, 2025 - Aug 13, 2025
#4	-19.45% Feb 14, 2013 - Jun 18, 2014	N/A
#5	-15.70% Jan 19, 2010 - Sep 14, 2010	N/A
#6	-15.32% Feb 20, 2026 - Jun 8, 2026	N/A
#7	-9.77% Aug 3, 2009 - Oct 13, 2009	N/A
#8	-7.63% Jul 1, 2009 - Jul 15, 2009	N/A
#9	-6.90% Nov 4, 2010 - Jan 3, 2011	N/A
#10	-6.85% Oct 19, 2009 - Nov 9, 2009	N/A
#11	-6.42% Jan 12, 2011 - Mar 29, 2011	N/A
#12	-4.93% Dec 3, 2009 - Jan 4, 2010	N/A
#13	-3.85% Nov 17, 2009 - Dec 2, 2009	N/A
#14	-3.77% Jul 23, 2014 - Aug 19, 2014	N/A
#15	-3.54% Jul 23, 2009 - Aug 3, 2009	N/A

Correlation

Correlation between EMIF and CBTY is -0.80 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.80

-101

Dividend Comparison (2009 - 2025)

EMIF vs CBTY dividend yield comparison.

Year	EMIF	CBTY
2025	4.96%	1.47%
2024	4.12%	0.00%
2023	2.64%	0.00%
2022	3.08%	0.00%
2021	3.95%	0.00%
2020	2.54%	0.00%
2019	2.07%	0.00%
2018	2.64%	0.00%
2017	2.58%	0.00%
2016	3.16%	0.00%
2015	2.07%	0.00%
2014	3.10%	0.00%
2013	2.87%	0.00%
2012	3.03%	0.00%
2011	3.43%	0.00%
2010	2.63%	0.00%
2009	0.09%	0.00%