USAF vs CBOJ

Comparison between ATLAS AMERICA FUND (USAF, ETF) and Calamos Bitcoin Structured Alt Protection ETF January (CBOJ, ETF).

USAF vs CBOJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USAF(ETF)	CBOJ(ETF)
Net Assets	$18M	$18M
Expense Ratio	0.89%	0.69%
Max Drawdown	4.46%	11.22%
Sharpe Ratio	0.81	-1.70
5Y Beta	0.08	0.08

Net Assets

USAF

$18M

Winner

CBOJ

$18M

Expense Ratio

USAF

0.89%

Winner

CBOJ

0.69%

Max Drawdown

Winner

USAF

4.46%

CBOJ

11.22%

Sharpe Ratio

Winner

USAF

0.81

CBOJ

-1.70

5Y Beta

Winner

USAF

0.08

CBOJ

0.08

USAF vs CBOJ - Historical Returns

Returns include dividend reinvestment.

Period	USAF	CBOJ
1 month	+2.40%	+1.95%
3 months	+3.13%	+0.86%
6 months	+0.65%	+1.86%
1 year	+8.73%	-4.10%
Max(CAGR)	+8.52%	-0.31%

Winner

USAF

+2.40%

CBOJ

+1.95%

Winner

USAF

+3.13%

CBOJ

+0.86%

USAF

+0.65%

Winner

CBOJ

+1.86%

Winner

USAF

+8.73%

CBOJ

-4.10%

Max(CAGR)

Winner

USAF

+8.52%

CBOJ

-0.31%

USAF vs CBOJ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	USAF	CBOJ
2026	+5.55%	+0.13%
2025	+8.95%	-0.82%
2024	+0.23%	N/A

USAF vs CBOJ Drawdown Comparison

The maximum drawdown for USAF was -4.46%, occurring on Mar 26, 2026. Recovery took 140 trading sessions.

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

The current USAF drawdown is -0.76%. The current CBOJ drawdown is -6.11%.

Rank	USAF	CBOJ
#1	-4.46% Jan 29, 2026 - Aug 20, 2026	-8.44% Oct 6, 2025 - Jun 30, 2026
#2	-3.11% Oct 20, 2025 - Jan 12, 2026	-1.70% Jan 30, 2025 - May 1, 2025
#3	-2.40% Apr 2, 2025 - Apr 16, 2025	-1.58% Aug 13, 2025 - Sep 18, 2025
#4	-1.55% May 6, 2025 - Jun 13, 2025	-1.33% Sep 18, 2025 - Oct 1, 2025
#5	-1.52% Jul 22, 2025 - Aug 29, 2025	-0.91% May 22, 2025 - Jun 26, 2025
#6	-1.24% Jun 13, 2025 - Jul 22, 2025	-0.65% Jul 14, 2025 - Aug 7, 2025
#7	-1.09% Dec 11, 2024 - Jan 14, 2025	-0.27% Jun 26, 2025 - Jul 2, 2025
#8	-1.03% Feb 18, 2025 - Mar 19, 2025	-0.15% May 15, 2025 - May 19, 2025
#9	-0.80% Oct 8, 2025 - Oct 14, 2025	-0.12% Jul 3, 2025 - Jul 9, 2025
#10	-0.76% Aug 27, 2026 - Aug 28, 2026	-0.09% Aug 7, 2025 - Aug 11, 2025
#11	-0.75% Nov 22, 2024 - Dec 11, 2024	-0.09% May 13, 2025 - May 15, 2025
#12	-0.74% Apr 22, 2025 - May 5, 2025	-0.08% Jan 23, 2025 - Jan 29, 2025
#13	-0.50% Oct 16, 2025 - Oct 20, 2025	-0.08% May 9, 2025 - May 13, 2025
#14	-0.39% Feb 13, 2025 - Feb 18, 2025	-0.00% May 5, 2025 - May 7, 2025
#15	-0.30% Jan 24, 2025 - Jan 31, 2025	N/A

Correlation

Correlation between USAF and CBOJ is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

-101