MEXX vs CBTJ

Comparison between DIREXION DAILY MSCI MEXICO BULL 3X SHARES (MEXX, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF January (CBTJ, ETF).

MEXX vs CBTJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MEXX(ETF)	CBTJ(ETF)
Net Assets	$19M	$19M
Expense Ratio	N/A	0.69%
Max Drawdown	95.79%	43.19%
Sharpe Ratio	1.16	-1.69
5Y Beta	2.08	0.55
5Y Dividends CAGR	70.01%	N/A

Net Assets

MEXX

$19M

Winner

CBTJ

$19M

Expense Ratio

MEXX

N/A

CBTJ

0.69%

Max Drawdown

MEXX

95.79%

Winner

CBTJ

43.19%

Sharpe Ratio

Winner

MEXX

1.16

CBTJ

-1.69

5Y Beta

MEXX

2.08

Winner

CBTJ

0.55

5Y Dividends CAGR

MEXX

70.01%

CBTJ

N/A

MEXX vs CBTJ - Historical Returns

Returns include dividend reinvestment.

Period	MEXX	CBTJ
1 month	-2.50%	+0.75%
3 months	-9.58%	-8.14%
6 months	-8.57%	-18.83%
1 year	+81.68%	-35.70%
5 years(CAGR)	+14.77%	N/A
10 years(CAGR)	-5.62%	N/A
Max(CAGR)	-5.62%	-19.07%

MEXX

-2.50%

Winner

CBTJ

+0.75%

MEXX

-9.58%

Winner

CBTJ

-8.14%

Winner

MEXX

-8.57%

CBTJ

-18.83%

Winner

MEXX

+81.68%

CBTJ

-35.70%

5Y(CAGR)

MEXX

+14.77%

CBTJ

N/A

10Y(CAGR)

MEXX

-5.62%

CBTJ

N/A

Max(CAGR)

Winner

MEXX

-5.62%

CBTJ

-19.07%

MEXX vs CBTJ - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	MEXX	CBTJ
2026	+14.54%	-19.23%
2025	+166.19%	-11.30%
2024	-72.25%	N/A
2023	+104.98%	N/A
2022	-12.32%	N/A
2021	+49.97%	N/A
2020	-57.17%	N/A
2019	+13.02%	N/A
2018	-52.91%	N/A
2017	-13.80%	N/A

MEXX vs CBTJ Drawdown Comparison

The maximum drawdown for MEXX was -95.58%, occurring on Apr 3, 2020. This drawdown has not yet recovered.

The maximum drawdown for CBTJ was -42.40%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The current MEXX drawdown is -57.77%. The current CBTJ drawdown is -39.53%.

Rank	MEXX	CBTJ
#1	-95.58% Jul 26, 2017 - Apr 3, 2020	-42.40% Oct 6, 2025 - Jun 30, 2026
#2	-11.79% May 16, 2017 - Jun 5, 2017	-9.86% Feb 20, 2025 - May 8, 2025
#3	-6.14% Jun 26, 2017 - Jul 10, 2017	-7.63% Aug 13, 2025 - Oct 2, 2025
#4	-2.56% Jul 18, 2017 - Jul 26, 2017	-4.26% May 22, 2025 - Jun 10, 2025
#5	-1.68% Jun 13, 2017 - Jun 23, 2017	-3.86% Jul 14, 2025 - Aug 12, 2025
#6	-1.67% May 3, 2017 - May 12, 2017	-3.35% Jun 10, 2025 - Jul 2, 2025
#7	-1.38% Jun 5, 2017 - Jun 13, 2017	-1.92% Feb 10, 2025 - Feb 20, 2025
#8	-0.62% Jul 14, 2017 - Jul 18, 2017	-0.82% Feb 5, 2025 - Feb 10, 2025
#9	N/A	-0.75% May 13, 2025 - May 19, 2025
#10	N/A	-0.66% Jul 2, 2025 - Jul 9, 2025
#11	N/A	-0.59% May 9, 2025 - May 13, 2025

Correlation

Correlation between MEXX and CBTJ is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101