QQQS vs CBOJ

Comparison between INVESCO NASDAQ FUTURE GEN 200 ETF (QQQS, ETF) and Calamos Bitcoin Structured Alt Protection ETF January (CBOJ, ETF).

QQQS vs CBOJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QQQS(ETF)	CBOJ(ETF)
Net Assets	$21M	$21M
Expense Ratio	0.20%	0.69%
Max Drawdown	38.69%	11.22%
Sharpe Ratio	1.72	-2.03
5Y Beta	1.40	0.08
P/E Ratio	-5.18	N/A
Forward P/E	12.89	N/A
5Y EPS CAGR	-6.60%	N/A
Debt to Equity	-20.34%	N/A
P/S Ratio	0.88	N/A
P/B Ratio	1.95	N/A

Net Assets

QQQS

$21M

Winner

CBOJ

$21M

Expense Ratio

Winner

QQQS

0.20%

CBOJ

0.69%

Max Drawdown

QQQS

38.69%

Winner

CBOJ

11.22%

Sharpe Ratio

Winner

QQQS

1.72

CBOJ

-2.03

5Y Beta

QQQS

1.40

Winner

CBOJ

0.08

P/E Ratio

QQQS

-5.18

CBOJ

N/A

Forward P/E

QQQS

12.89

CBOJ

N/A

5Y EPS CAGR

QQQS

-6.60%

CBOJ

N/A

Debt to Equity

QQQS

-20.34%

CBOJ

N/A

P/S Ratio

QQQS

0.88

CBOJ

N/A

P/B Ratio

QQQS

1.95

CBOJ

N/A

QQQS vs CBOJ - Historical Returns

Returns include dividend reinvestment.

Period	QQQS	CBOJ
1 month	+2.30%	+0.40%
3 months	+11.66%	-0.81%
6 months	+18.15%	-1.19%
1 year	+58.96%	-5.61%
Max(CAGR)	+16.87%	-1.39%

Winner

QQQS

+2.30%

CBOJ

+0.40%

Winner

QQQS

+11.66%

CBOJ

-0.81%

Winner

QQQS

+18.15%

CBOJ

-1.19%

Winner

QQQS

+58.96%

CBOJ

-5.61%

Max(CAGR)

Winner

QQQS

+16.87%

CBOJ

-1.39%

QQQS vs CBOJ - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	QQQS	CBOJ
2026	+26.36%	-1.45%
2025	+21.44%	-0.82%
2024	+10.12%	N/A
2023	-1.65%	N/A
2022	+6.56%	N/A

QQQS vs CBOJ Drawdown Comparison

The maximum drawdown for QQQS was -38.06%, occurring on Oct 27, 2023. Recovery took 653 trading sessions.

The maximum drawdown for CBOJ was -8.44%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The current QQQS drawdown is -2.87%. The current CBOJ drawdown is -7.59%.

Rank	QQQS	CBOJ
#1	-38.06% Feb 2, 2023 - Sep 11, 2025	-8.44% Oct 6, 2025 - Jun 30, 2026
#2	-13.63% Jan 22, 2026 - Apr 14, 2026	-1.70% Jan 30, 2025 - May 1, 2025
#3	-12.76% Oct 27, 2025 - Dec 10, 2025	-1.58% Aug 13, 2025 - Sep 18, 2025
#4	-10.28% Nov 15, 2022 - Jan 9, 2023	-1.33% Sep 18, 2025 - Oct 1, 2025
#5	-9.70% May 28, 2026 - Jun 30, 2026	-0.91% May 22, 2025 - Jun 26, 2025
#6	-6.73% Nov 1, 2022 - Nov 11, 2022	-0.65% Jul 14, 2025 - Aug 7, 2025
#7	-6.13% May 11, 2026 - May 22, 2026	-0.27% Jun 26, 2025 - Jul 2, 2025
#8	-5.21% Oct 8, 2025 - Oct 15, 2025	-0.15% May 15, 2025 - May 19, 2025
#9	-5.17% Dec 11, 2025 - Jan 6, 2026	-0.12% Jul 3, 2025 - Jul 9, 2025
#10	-4.78% Jul 6, 2026 - Jul 20, 2026	-0.09% Aug 7, 2025 - Aug 11, 2025
#11	-3.66% Oct 20, 2025 - Oct 27, 2025	-0.09% May 13, 2025 - May 15, 2025
#12	-3.35% Jan 13, 2023 - Jan 23, 2023	-0.08% Jan 23, 2025 - Jan 29, 2025
#13	-3.13% Oct 18, 2022 - Oct 25, 2022	-0.08% May 9, 2025 - May 13, 2025
#14	-2.90% Apr 20, 2026 - Apr 30, 2026	-0.00% May 5, 2025 - May 7, 2025
#15	-2.84% Oct 15, 2025 - Oct 20, 2025	N/A

Correlation

Correlation between QQQS and CBOJ is -0.44 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.44

-101