NIOG vs CBOA
Comparison between Leverage Shares 2X Long NIO Daily ETF (NIOG, ETF) and Calamos Bitcoin Structured Alt Protection ETF April (CBOA, ETF).
NIOG vs CBOA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
NIOG
$4.70M
Winner
CBOA
$4.80M
Expense Ratio
NIOG
N/A
CBOA
0.69%
Max Drawdown
NIOG
56.27%
Winner
CBOA
10.71%
Sharpe Ratio
Winner
NIOG
0.03
CBOA
-1.81
5Y Beta
NIOG
2.33
Winner
CBOA
0.10
NIOG vs CBOA - Historical Returns
Returns include dividend reinvestment.
1M
NIOG
-12.77%
Winner
CBOA
+0.46%
3M
NIOG
-49.72%
Winner
CBOA
-0.72%
6M
NIOG
-15.22%
Winner
CBOA
-6.62%
1Y
NIOG
N/A
CBOA
-6.03%
Max(CAGR)
NIOG
-40.72%
Winner
CBOA
-0.60%
NIOG vs CBOA - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | NIOG | CBOA |
|---|---|---|
| 2026 | -32.08% | -6.16% |
| 2025 | +5.33% | +5.24% |
NIOG vs CBOA Drawdown Comparison
The maximum drawdown for NIOG was -56.27%, occurring on Jul 21, 2026. This drawdown has not yet recovered.
The maximum drawdown for CBOA was -8.92%, occurring on Jun 30, 2026. This drawdown has not yet recovered.
The current NIOG drawdown is -56.27%. The current CBOA drawdown is -7.56%.
| Rank | NIOG | CBOA |
|---|---|---|
| #1 | -56.27% Apr 16, 2026 - Jul 21, 2026 | -8.92% Jan 14, 2026 - Jun 30, 2026 |
| #2 | -37.67% Dec 30, 2025 - Mar 13, 2026 | -3.08% Oct 6, 2025 - Jan 14, 2026 |
| #3 | -24.41% Mar 16, 2026 - Apr 1, 2026 | -0.60% Sep 18, 2025 - Oct 1, 2025 |
| #4 | -8.69% Apr 8, 2026 - Apr 10, 2026 | -0.56% May 27, 2025 - Jun 9, 2025 |
| #5 | -5.31% Dec 22, 2025 - Dec 26, 2025 | -0.42% Jun 16, 2025 - Jun 24, 2025 |
| #6 | -4.22% Apr 14, 2026 - Apr 16, 2026 | -0.38% Aug 13, 2025 - Aug 22, 2025 |
| #7 | -3.42% Apr 2, 2026 - Apr 8, 2026 | -0.37% Aug 22, 2025 - Sep 3, 2025 |
| #8 | -0.39% Apr 10, 2026 - Apr 14, 2026 | -0.36% Jul 14, 2025 - Aug 7, 2025 |
| #9 | N/A | -0.29% Jun 11, 2025 - Jun 16, 2025 |
| #10 | N/A | -0.17% Apr 28, 2025 - May 1, 2025 |
| #11 | N/A | -0.17% Jun 30, 2025 - Jul 2, 2025 |
| #12 | N/A | -0.17% Sep 3, 2025 - Sep 5, 2025 |
| #13 | N/A | -0.14% May 1, 2025 - May 7, 2025 |
| #14 | N/A | -0.14% May 13, 2025 - May 16, 2025 |
| #15 | N/A | -0.12% May 22, 2025 - May 27, 2025 |
Correlation
Correlation between NIOG and CBOA is -0.01 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.01
-101
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