NVIR vs CBOO

Comparison between HORIZON KINETICS ENERGY AND REMEDIATION ETF (NVIR, ETF) and Calamos Bitcoin Structured Alt Protection ETF October (CBOO, ETF).

NVIR vs CBOO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVIR(ETF)	CBOO(ETF)
Net Assets	$6.10M	$6.10M
Expense Ratio	0.85%	0.69%
Max Drawdown	23.63%	2.90%
Sharpe Ratio	1.58	-2.93
5Y Beta	0.75	0.04
P/E Ratio	28.96	N/A
Forward P/E	15.79	N/A
PEG Ratio	1.45	N/A
Debt to Equity	67.51%	N/A
P/S Ratio	2.71	N/A
P/B Ratio	3.03	N/A

Net Assets

NVIR

$6.10M

CBOO

$6.10M

Expense Ratio

NVIR

0.85%

Winner

CBOO

0.69%

Max Drawdown

NVIR

23.63%

Winner

CBOO

2.90%

Sharpe Ratio

Winner

NVIR

1.58

CBOO

-2.93

5Y Beta

NVIR

0.75

Winner

CBOO

0.04

P/E Ratio

NVIR

28.96

CBOO

N/A

Forward P/E

NVIR

15.79

CBOO

N/A

PEG Ratio

NVIR

1.45

CBOO

N/A

Debt to Equity

NVIR

67.51%

CBOO

N/A

P/S Ratio

NVIR

2.71

CBOO

N/A

P/B Ratio

NVIR

3.03

CBOO

N/A

NVIR vs CBOO - Historical Returns

Returns include dividend reinvestment.

Period	NVIR	CBOO
1 month	-5.02%	-0.14%
3 months	-0.88%	+0.31%
6 months	+14.69%	-0.08%
1 year	+32.60%	N/A
Max(CAGR)	+16.09%	-2.59%

NVIR

-5.02%

Winner

CBOO

-0.14%

NVIR

-0.88%

Winner

CBOO

+0.31%

Winner

NVIR

+14.69%

CBOO

-0.08%

NVIR

+32.60%

CBOO

N/A

Max(CAGR)

Winner

NVIR

+16.09%

CBOO

-2.59%

NVIR vs CBOO - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	NVIR	CBOO
2026	+16.95%	-0.16%
2025	+8.54%	-1.62%
2024	+17.58%	N/A
2023	+6.91%	N/A

NVIR vs CBOO Drawdown Comparison

The maximum drawdown for NVIR was -22.48%, occurring on Apr 8, 2025. Recovery took 240 trading sessions.

The maximum drawdown for CBOO was -2.34%, occurring on Feb 12, 2026. This drawdown has not yet recovered.

The current NVIR drawdown is -6.17%. The current CBOO drawdown is -1.77%.

Rank	NVIR	CBOO
#1	-22.48% Nov 22, 2024 - Nov 10, 2025	-2.34% Oct 8, 2025 - Feb 12, 2026
#2	-13.07% Mar 3, 2023 - Jul 11, 2023	N/A
#3	-9.79% Sep 12, 2023 - Mar 19, 2024	N/A
#4	-7.07% Jul 31, 2024 - Sep 24, 2024	N/A
#5	-7.04% Mar 27, 2026 - Apr 17, 2026	N/A
#6	-5.00% Dec 5, 2025 - Jan 13, 2026	N/A
#7	-4.89% Apr 5, 2024 - May 17, 2024	N/A
#8	-4.64% Oct 11, 2024 - Nov 6, 2024	N/A
#9	-4.43% May 20, 2024 - Jul 15, 2024	N/A
#10	-3.74% Nov 11, 2025 - Dec 3, 2025	N/A
#11	-3.45% Sep 24, 2024 - Oct 2, 2024	N/A
#12	-2.94% Jul 16, 2024 - Jul 31, 2024	N/A
#13	-2.40% Mar 2, 2026 - Mar 19, 2026	N/A
#14	-2.32% Aug 9, 2023 - Aug 30, 2023	N/A
#15	-2.22% Jul 13, 2023 - Jul 20, 2023	N/A