SCAP vs CBOJ

Comparison between INFRASTRUCTURE CAPITAL SMALL CAP INCOME ETF (SCAP, ETF) and Calamos Bitcoin Structured Alt Protection ETF January (CBOJ, ETF).

SCAP vs CBOJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SCAP(ETF)	CBOJ(ETF)
Net Assets	$20M	$20M
Expense Ratio	2.20%	0.69%
Max Drawdown	26.61%	10.92%
Sharpe Ratio	1.39	-1.65
5Y Beta	0.91	0.08
P/E Ratio	22.80	N/A
Forward P/E	12.70	N/A
5Y EPS CAGR	19.34%	N/A
P/S Ratio	0.83	N/A
P/B Ratio	2.07	N/A

Net Assets

SCAP

$20M

CBOJ

$20M

Expense Ratio

SCAP

2.20%

Winner

CBOJ

0.69%

Max Drawdown

SCAP

26.61%

Winner

CBOJ

10.92%

Sharpe Ratio

Winner

SCAP

1.39

CBOJ

-1.65

5Y Beta

SCAP

0.91

Winner

CBOJ

0.08

P/E Ratio

SCAP

22.80

CBOJ

N/A

Forward P/E

SCAP

12.70

CBOJ

N/A

5Y EPS CAGR

SCAP

19.34%

CBOJ

N/A

P/S Ratio

SCAP

0.83

CBOJ

N/A

P/B Ratio

SCAP

2.07

CBOJ

N/A

SCAP vs CBOJ - Historical Returns

Returns include dividend reinvestment.

Period	SCAP	CBOJ
1 month	+4.30%	-1.85%
3 months	+15.80%	-0.34%
6 months	+11.33%	-2.23%
1 year	+28.71%	-4.34%
Max(CAGR)	+19.62%	-1.70%

Winner

SCAP

+4.30%

CBOJ

-1.85%

Winner

SCAP

+15.80%

CBOJ

-0.34%

Winner

SCAP

+11.33%

CBOJ

-2.23%

Winner

SCAP

+28.71%

CBOJ

-4.34%

Max(CAGR)

Winner

SCAP

+19.62%

CBOJ

-1.70%

SCAP vs CBOJ - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	SCAP	CBOJ
2026	+11.51%	-1.74%
2025	+11.94%	-0.82%
2024	+16.63%	N/A
2023	+6.21%	N/A

SCAP vs CBOJ Drawdown Comparison

The maximum drawdown for SCAP was -24.10%, occurring on Apr 8, 2025. Recovery took 197 trading sessions.

The maximum drawdown for CBOJ was -8.13%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The current CBOJ drawdown is -7.86%.

Rank	SCAP	CBOJ
#1	-24.10% Nov 25, 2024 - Sep 11, 2025	-8.13% Oct 6, 2025 - Feb 5, 2026
#2	-11.55% Feb 10, 2026 - May 5, 2026	-1.70% Jan 30, 2025 - May 1, 2025
#3	-9.01% Jul 31, 2024 - Sep 19, 2024	-1.58% Aug 13, 2025 - Sep 18, 2025
#4	-7.46% Sep 18, 2025 - Nov 28, 2025	-1.33% Sep 18, 2025 - Oct 1, 2025
#5	-6.92% Mar 28, 2024 - May 14, 2024	-0.91% May 22, 2025 - Jun 26, 2025
#6	-4.83% May 15, 2024 - Jul 11, 2024	-0.65% Jul 14, 2025 - Aug 7, 2025
#7	-4.63% May 8, 2026 - May 28, 2026	-0.27% Jun 26, 2025 - Jul 2, 2025
#8	-4.31% Oct 16, 2024 - Nov 6, 2024	-0.15% May 15, 2025 - May 19, 2025
#9	-3.94% Dec 26, 2023 - Feb 12, 2024	-0.12% Jul 3, 2025 - Jul 9, 2025
#10	-3.31% Jan 21, 2026 - Feb 6, 2026	-0.09% Aug 7, 2025 - Aug 11, 2025
#11	-3.10% Feb 12, 2024 - Feb 15, 2024	-0.09% May 13, 2025 - May 15, 2025
#12	-3.08% Nov 11, 2024 - Nov 22, 2024	-0.08% Jan 23, 2025 - Jan 29, 2025
#13	-2.91% Sep 19, 2024 - Oct 16, 2024	-0.08% May 9, 2025 - May 13, 2025
#14	-2.53% Jun 4, 2026 - Jun 9, 2026	-0.00% May 5, 2025 - May 7, 2025
#15	-2.40% Dec 11, 2025 - Jan 5, 2026	N/A

Correlation

Correlation between SCAP and CBOJ is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

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