FARX vs CBTY

Comparison between FRONTIER ASSET ABSOLUTE RETURN ETF (FARX, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF July (CBTY, ETF).

FARX vs CBTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FARX(ETF)	CBTY(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.95%	0.69%
Max Drawdown	6.15%	27.75%
Sharpe Ratio	1.83	-1.63
5Y Beta	0.22	0.53

Net Assets

FARX

$13M

Winner

CBTY

$13M

Expense Ratio

FARX

0.95%

Winner

CBTY

0.69%

Max Drawdown

Winner

FARX

6.15%

CBTY

27.75%

Sharpe Ratio

Winner

FARX

1.83

CBTY

-1.63

5Y Beta

Winner

FARX

0.22

CBTY

0.53

FARX vs CBTY - Historical Returns

Returns include dividend reinvestment.

Period	FARX	CBTY
1 month	-0.81%	-3.51%
3 months	+2.41%	-2.96%
6 months	+8.84%	-12.63%
1 year	+18.10%	-20.81%
Max(CAGR)	+13.06%	-22.64%

Winner

FARX

-0.81%

CBTY

-3.51%

Winner

FARX

+2.41%

CBTY

-2.96%

Winner

FARX

+8.84%

CBTY

-12.63%

Winner

FARX

+18.10%

CBTY

-20.81%

Max(CAGR)

Winner

FARX

+13.06%

CBTY

-22.64%

FARX vs CBTY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	FARX	CBTY
2026	+7.43%	-12.10%
2025	+10.24%	-10.92%
2024	+0.35%	N/A

FARX vs CBTY Drawdown Comparison

The maximum drawdown for FARX was -5.83%, occurring on Apr 7, 2025. Recovery took 105 trading sessions.

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

The current FARX drawdown is -2.00%. The current CBTY drawdown is -26.67%.

Rank	FARX	CBTY
#1	-5.83% Feb 18, 2025 - Jul 21, 2025	-26.71% Oct 6, 2025 - Jun 4, 2026
#2	-2.80% Jan 29, 2026 - Feb 25, 2026	-5.70% Aug 13, 2025 - Oct 2, 2025
#3	-2.34% Mar 2, 2026 - Apr 1, 2026	-3.17% Jul 14, 2025 - Aug 13, 2025
#4	-2.31% Jul 23, 2025 - Sep 2, 2025	N/A
#5	-2.00% Nov 12, 2025 - Nov 28, 2025	N/A
#6	-2.00% May 12, 2026 - Jun 5, 2026	N/A
#7	-1.93% Oct 8, 2025 - Oct 16, 2025	N/A
#8	-1.36% Oct 20, 2025 - Nov 11, 2025	N/A
#9	-1.23% Dec 26, 2025 - Jan 6, 2026	N/A
#10	-0.95% Jan 23, 2025 - Jan 30, 2025	N/A
#11	-0.76% Dec 11, 2025 - Dec 19, 2025	N/A
#12	-0.67% Jan 6, 2026 - Jan 12, 2026	N/A
#13	-0.54% Dec 26, 2024 - Jan 2, 2025	N/A
#14	-0.52% Apr 30, 2026 - May 8, 2026	N/A
#15	-0.51% Jan 14, 2026 - Jan 21, 2026	N/A

Correlation

Correlation between FARX and CBTY is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

-101