QQHG vs CBTY

Comparison between Invesco QQQ Hedged Advantage ETF (QQHG, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF July (CBTY, ETF).

QQHG vs CBTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QQHG(ETF)	CBTY(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.45%	0.69%
Max Drawdown	6.29%	27.75%
Sharpe Ratio	1.83	-1.63
5Y Beta	0.72	0.53
P/E Ratio	33.54	N/A
Forward P/E	24.73	N/A
5Y EPS CAGR	31.34%	N/A
Debt to Equity	20.20%	N/A
P/S Ratio	4.33	N/A
P/B Ratio	7.53	N/A

Net Assets

QQHG

$13M

Winner

CBTY

$13M

Expense Ratio

Winner

QQHG

0.45%

CBTY

0.69%

Max Drawdown

Winner

QQHG

6.29%

CBTY

27.75%

Sharpe Ratio

Winner

QQHG

1.83

CBTY

-1.63

5Y Beta

QQHG

0.72

Winner

CBTY

0.53

P/E Ratio

QQHG

33.54

CBTY

N/A

Forward P/E

QQHG

24.73

CBTY

N/A

5Y EPS CAGR

QQHG

31.34%

CBTY

N/A

Debt to Equity

QQHG

20.20%

CBTY

N/A

P/S Ratio

QQHG

4.33

CBTY

N/A

P/B Ratio

QQHG

7.53

CBTY

N/A

QQHG vs CBTY - Historical Returns

Returns include dividend reinvestment.

Period	QQHG	CBTY
1 month	+0.82%	-3.51%
3 months	+7.93%	-2.96%
6 months	+6.97%	-12.63%
1 year	+23.99%	-20.81%
Max(CAGR)	+27.76%	-22.64%

Winner

QQHG

+0.82%

CBTY

-3.51%

Winner

QQHG

+7.93%

CBTY

-2.96%

Winner

QQHG

+6.97%

CBTY

-12.63%

Winner

QQHG

+23.99%

CBTY

-20.81%

Max(CAGR)

Winner

QQHG

+27.76%

CBTY

-22.64%

QQHG vs CBTY - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QQHG	CBTY
2026	+8.04%	-12.10%
2025	+20.59%	-10.92%

QQHG vs CBTY Drawdown Comparison

The maximum drawdown for QQHG was -6.18%, occurring on Mar 30, 2026. Recovery took 113 trading sessions.

The maximum drawdown for CBTY was -26.71%, occurring on Jun 4, 2026. This drawdown has not yet recovered.

The current QQHG drawdown is -3.31%. The current CBTY drawdown is -26.67%.

Rank	QQHG	CBTY
#1	-6.18% Oct 29, 2025 - Apr 14, 2026	-26.71% Oct 6, 2025 - Jun 4, 2026
#2	-3.31% Jun 2, 2026 - Jun 5, 2026	-5.70% Aug 13, 2025 - Oct 2, 2025
#3	-2.24% Oct 8, 2025 - Oct 20, 2025	-3.17% Jul 14, 2025 - Aug 13, 2025
#4	-2.12% Aug 14, 2025 - Sep 5, 2025	N/A
#5	-1.29% Jul 31, 2025 - Aug 6, 2025	N/A
#6	-1.24% May 14, 2026 - May 21, 2026	N/A
#7	-1.15% Jun 3, 2025 - Jun 10, 2025	N/A
#8	-1.14% Sep 22, 2025 - Oct 1, 2025	N/A
#9	-1.07% May 16, 2025 - May 27, 2025	N/A
#10	-0.84% Oct 20, 2025 - Oct 24, 2025	N/A
#11	-0.81% Jun 12, 2025 - Jun 23, 2025	N/A
#12	-0.69% Apr 17, 2026 - Apr 22, 2026	N/A
#13	-0.68% Jun 30, 2025 - Jul 3, 2025	N/A
#14	-0.62% Apr 27, 2026 - May 1, 2026	N/A
#15	-0.60% Apr 22, 2026 - Apr 24, 2026	N/A

Correlation

Correlation between QQHG and CBTY is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101