LOCT vs CBTY

Comparison between Innovator Premium Income 15 Buffer ETF - October (LOCT, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF July (CBTY, ETF).

LOCT vs CBTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LOCT(ETF)	CBTY(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.79%	0.69%
Max Drawdown	6.54%	27.75%
Sharpe Ratio	0.86	-1.63
5Y Beta	0.20	0.53

Net Assets

LOCT

$14M

CBTY

$14M

Expense Ratio

LOCT

0.79%

Winner

CBTY

0.69%

Max Drawdown

Winner

LOCT

6.54%

CBTY

27.75%

Sharpe Ratio

Winner

LOCT

0.86

CBTY

-1.63

5Y Beta

Winner

LOCT

0.20

CBTY

0.53

LOCT vs CBTY - Historical Returns

Returns include dividend reinvestment.

Period	LOCT	CBTY
1 month	+0.33%	-2.51%
3 months	+1.97%	-2.21%
6 months	+2.86%	-13.22%
1 year	+5.57%	-20.79%
Max(CAGR)	+6.01%	-22.44%

Winner

LOCT

+0.33%

CBTY

-2.51%

Winner

LOCT

+1.97%

CBTY

-2.21%

Winner

LOCT

+2.86%

CBTY

-13.22%

Winner

LOCT

+5.57%

CBTY

-20.79%

Max(CAGR)

Winner

LOCT

+6.01%

CBTY

-22.44%

LOCT vs CBTY - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	LOCT	CBTY
2026	+2.24%	-12.08%
2025	+5.60%	-10.92%
2024	+5.21%	N/A
2023	+2.95%	N/A

LOCT vs CBTY Drawdown Comparison

The maximum drawdown for LOCT was -4.69%, occurring on Apr 8, 2025. Recovery took 32 trading sessions.

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

The current LOCT drawdown is -0.06%. The current CBTY drawdown is -26.65%.

Rank	LOCT	CBTY
#1	-4.69% Mar 25, 2025 - May 9, 2025	-26.71% Oct 6, 2025 - Jun 4, 2026
#2	-1.23% Feb 25, 2026 - Apr 8, 2026	-5.70% Aug 13, 2025 - Oct 2, 2025
#3	-0.95% Feb 19, 2025 - Mar 24, 2025	-3.17% Jul 14, 2025 - Aug 13, 2025
#4	-0.93% Oct 27, 2025 - Nov 26, 2025	N/A
#5	-0.74% Oct 11, 2023 - Nov 1, 2023	N/A
#6	-0.59% Dec 11, 2024 - Dec 24, 2024	N/A
#7	-0.55% Oct 6, 2025 - Oct 20, 2025	N/A
#8	-0.51% Sep 30, 2024 - Oct 15, 2024	N/A
#9	-0.44% Jan 9, 2026 - Feb 2, 2026	N/A
#10	-0.42% Oct 18, 2024 - Nov 6, 2024	N/A
#11	-0.38% Jul 31, 2024 - Aug 8, 2024	N/A
#12	-0.38% May 19, 2025 - May 30, 2025	N/A
#13	-0.29% Oct 2, 2023 - Oct 6, 2023	N/A
#14	-0.29% Jan 6, 2025 - Jan 15, 2025	N/A
#15	-0.25% Feb 9, 2026 - Feb 25, 2026	N/A

Correlation

Correlation between LOCT and CBTY is -0.90 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.90

-101