MEXX vs CBXJ

Comparison between DIREXION DAILY MSCI MEXICO BULL 3X SHARES (MEXX, ETF) and Calamos Bitcoin 90 Series Structured Alt Protection ETF January (CBXJ, ETF).

MEXX vs CBXJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MEXX(ETF)	CBXJ(ETF)
Net Assets	$21M	$22M
Expense Ratio	N/A	0.69%
Max Drawdown	95.79%	30.55%
Sharpe Ratio	1.10	-1.46
5Y Beta	2.08	0.34
5Y Dividends CAGR	87.00%	N/A

Net Assets

MEXX

$21M

Winner

CBXJ

$22M

Expense Ratio

MEXX

N/A

CBXJ

0.69%

Max Drawdown

MEXX

95.79%

Winner

CBXJ

30.55%

Sharpe Ratio

Winner

MEXX

1.10

CBXJ

-1.46

5Y Beta

MEXX

2.08

Winner

CBXJ

0.34

5Y Dividends CAGR

MEXX

87.00%

CBXJ

N/A

MEXX vs CBXJ - Historical Returns

Returns include dividend reinvestment.

Period	MEXX	CBXJ
1 month	-10.95%	-8.60%
3 months	-8.05%	-4.62%
6 months	+19.39%	-14.68%
1 year	+67.09%	-20.62%
5 years(CAGR)	+12.52%	N/A
10 years(CAGR)	-6.17%	N/A
Max(CAGR)	-6.17%	-14.16%

MEXX

-10.95%

Winner

CBXJ

-8.60%

MEXX

-8.05%

Winner

CBXJ

-4.62%

Winner

MEXX

+19.39%

CBXJ

-14.68%

Winner

MEXX

+67.09%

CBXJ

-20.62%

5Y(CAGR)

MEXX

+12.52%

CBXJ

N/A

10Y(CAGR)

MEXX

-6.17%

CBXJ

N/A

Max(CAGR)

Winner

MEXX

-6.17%

CBXJ

-14.16%

MEXX vs CBXJ - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	MEXX	CBXJ
2026	+9.43%	-12.81%
2025	+166.19%	-7.62%
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 CBXJ 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 CBXJ was -29.22%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current MEXX drawdown is -59.66%. The current CBXJ drawdown is -29.22%.

Rank	MEXX	CBXJ
#1	-95.58% Jul 26, 2017 - Apr 3, 2020	-29.22% Oct 6, 2025 - Jun 5, 2026
#2	-11.79% May 16, 2017 - Jun 5, 2017	-5.34% Feb 20, 2025 - May 1, 2025
#3	-6.14% Jun 26, 2017 - Jul 10, 2017	-4.80% Aug 13, 2025 - Oct 2, 2025
#4	-2.56% Jul 18, 2017 - Jul 26, 2017	-2.66% Jul 14, 2025 - Aug 12, 2025
#5	-1.68% Jun 13, 2017 - Jun 23, 2017	-2.59% May 22, 2025 - Jun 10, 2025
#6	-1.67% May 3, 2017 - May 12, 2017	-1.98% Jun 10, 2025 - Jun 26, 2025
#7	-1.38% Jun 5, 2017 - Jun 13, 2017	-1.24% Feb 10, 2025 - Feb 20, 2025
#8	-0.62% Jul 14, 2017 - Jul 18, 2017	-0.90% Jun 26, 2025 - Jul 2, 2025
#9	N/A	-0.83% May 1, 2025 - May 8, 2025
#10	N/A	-0.52% Feb 5, 2025 - Feb 10, 2025
#11	N/A	-0.41% Jul 3, 2025 - Jul 9, 2025
#12	N/A	-0.37% May 9, 2025 - May 13, 2025
#13	N/A	-0.23% May 13, 2025 - May 16, 2025

Correlation

Correlation between MEXX and CBXJ is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101