MSTP vs CBTL
Comparison between GRANITESHARES 2X LONG MSTR DAILY ETF (MSTP, ETF) and Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF (CBTL, ETF).
MSTP vs CBTL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MSTP
$5.20M
CBTL
$5.20M
Expense Ratio
MSTP
N/A
CBTL
0.79%
Max Drawdown
MSTP
98.40%
Winner
CBTL
30.37%
Sharpe Ratio
Winner
MSTP
-1.71
CBTL
-2.01
5Y Beta
MSTP
5.81
Winner
CBTL
0.75
MSTP vs CBTL - Historical Returns
Returns include dividend reinvestment.
1M
MSTP
-19.49%
Winner
CBTL
+1.19%
3M
MSTP
-68.77%
Winner
CBTL
-3.29%
6M
MSTP
-75.61%
Winner
CBTL
-15.34%
1Y
MSTP
-97.32%
CBTL
N/A
Max(CAGR)
MSTP
-95.72%
Winner
CBTL
-32.96%
MSTP vs CBTL - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | MSTP | CBTL |
|---|---|---|
| 2026 | -74.46% | -15.33% |
| 2025 | -88.99% | -14.41% |
MSTP vs CBTL Drawdown Comparison
The maximum drawdown for MSTP was -98.40%, occurring on Jun 26, 2026. This drawdown has not yet recovered.
The maximum drawdown for CBTL was -29.69%, occurring on Jun 30, 2026. This drawdown has not yet recovered.
The current MSTP drawdown is -97.67%. The current CBTL drawdown is -27.17%.
| Rank | MSTP | CBTL |
|---|---|---|
| #1 | -98.40% Jul 16, 2025 - Jun 26, 2026 | -29.69% Oct 27, 2025 - Jun 30, 2026 |
| #2 | -15.10% Jun 30, 2025 - Jul 9, 2025 | -3.27% Oct 14, 2025 - Oct 27, 2025 |
| #3 | -12.49% Jun 10, 2025 - Jun 30, 2025 | N/A |
| #4 | -4.16% Jul 14, 2025 - Jul 16, 2025 | N/A |
Correlation
Correlation between MSTP and CBTL is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Select Stocks to Compare
Popular: MSTP vs SPYCBTL vs SPY
More Comparisons
Compare with similar stocks