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CBOJ vs BITO

Calamos Bitcoin Structured Alt Protection ETF - January vs ProShares Bitcoin ETF

CBOJ

Calamos Bitcoin Structured Alt Protection ETF - January

Calamos

Annual cost

0.69%

Fund size

$20M

BITO

ProShares Bitcoin ETF

ProShares

Annual cost

0.95%

Fund size

$1.9B

Key differences

  • CBOJ costs 0.26% less per year.
  • BITO is significantly larger than CBOJ — larger funds tend to be more liquid and less likely to close.
  • CBOJ is classified as alternative, while BITO is cryptocurrency — different risk/return profiles.

Side-by-side comparison

CBOJBITO
Annual cost (TER)0.69%0.95%
Fund size (AUM)$20M$1.9B
Since20252021
Dividend yield3.15%71.92%
Asset classalternativecryptocurrency
Region
Strategystructured outcome
CAGR 1Y-2.9%-34.1%
CAGR 3YN/A+31.6%
CAGR 5YN/AN/A
Sharpe 3YN/A0.73
Volatility 1Y4.94%43.11%
Max drawdown-8.13%-77.86%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CBOJ and BITO