XNAV vs CBTO

Comparison between FUNDX AGGRESSIVE ETF (XNAV, ETF) and Calamos Bitcoin 80 Series Structured Alt Protection ETF October (CBTO, ETF).

XNAV vs CBTO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XNAV(ETF)	CBTO(ETF)
Net Assets	$31M	$31M
Expense Ratio	1.27%	0.69%
Max Drawdown	24.27%	21.34%
Sharpe Ratio	1.66	-3.02
5Y Beta	1.15	0.41

Net Assets

Winner

XNAV

$31M

CBTO

$31M

Expense Ratio

XNAV

1.27%

Winner

CBTO

0.69%

Max Drawdown

XNAV

24.27%

Winner

CBTO

21.34%

Sharpe Ratio

Winner

XNAV

1.66

CBTO

-3.02

5Y Beta

XNAV

1.15

Winner

CBTO

0.41

XNAV vs CBTO - Historical Returns

Returns include dividend reinvestment.

Period	XNAV	CBTO
1 month	+0.98%	-3.50%
3 months	+12.36%	-2.80%
6 months	+17.47%	-9.81%
1 year	+36.60%	N/A
Max(CAGR)	+22.22%	-30.04%

Winner

XNAV

+0.98%

CBTO

-3.50%

Winner

XNAV

+12.36%

CBTO

-2.80%

Winner

XNAV

+17.47%

CBTO

-9.81%

XNAV

+36.60%

CBTO

N/A

Max(CAGR)

Winner

XNAV

+22.22%

CBTO

-30.04%

XNAV vs CBTO - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	XNAV	CBTO
2026	+15.44%	-9.23%
2025	+13.49%	-13.81%
2024	+27.48%	N/A
2023	+17.28%	N/A
2022	+7.01%	N/A

XNAV vs CBTO Drawdown Comparison

The maximum drawdown for XNAV was -24.27%, occurring on Apr 8, 2025. Recovery took 141 trading sessions.

The maximum drawdown for CBTO was -21.17%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current XNAV drawdown is -5.99%. The current CBTO drawdown is -21.17%.

Rank	XNAV	CBTO
#1	-24.27% Feb 18, 2025 - Sep 10, 2025	-21.17% Oct 8, 2025 - Jun 5, 2026
#2	-15.72% Jul 10, 2024 - Nov 6, 2024	N/A
#3	-12.25% Jul 18, 2023 - Dec 11, 2023	N/A
#4	-11.47% Feb 25, 2026 - Apr 16, 2026	N/A
#5	-10.47% Nov 30, 2022 - Jun 6, 2023	N/A
#6	-7.46% Mar 22, 2024 - May 15, 2024	N/A
#7	-6.64% Oct 29, 2025 - Dec 10, 2025	N/A
#8	-5.99% Jun 2, 2026 - Jun 5, 2026	N/A
#9	-5.44% Jan 28, 2026 - Feb 25, 2026	N/A
#10	-5.25% Dec 16, 2024 - Jan 22, 2025	N/A
#11	-3.73% Jan 23, 2025 - Feb 18, 2025	N/A
#12	-3.31% Dec 11, 2025 - Dec 23, 2025	N/A
#13	-3.25% Oct 8, 2025 - Oct 20, 2025	N/A
#14	-3.11% Dec 28, 2023 - Jan 11, 2024	N/A
#15	-3.09% May 11, 2026 - May 26, 2026	N/A

Correlation

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

-0.69

-101