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CBOJ vs SBIT

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

CBOJ

Calamos Bitcoin Structured Alt Protection ETF - January

Calamos

Annual cost

0.69%

Fund size

$20M

SBIT

ProShares UltraShort Bitcoin ETF

ProShares

Annual cost

0.97%

Fund size

$183M

Key differences

  • CBOJ costs 0.28% less per year.
  • SBIT is significantly larger than CBOJ — larger funds tend to be more liquid and less likely to close.
  • CBOJ is classified as alternative, while SBIT is cryptocurrency — different risk/return profiles.
  • CBOJ follows a structured outcome strategy; SBIT uses inverse.

Side-by-side comparison

CBOJSBIT
Annual cost (TER)0.69%0.97%
Fund size (AUM)$20M$183M
Since20252024
Dividend yield3.15%4.38%
Asset classalternativecryptocurrency
Region
Strategystructured outcomeinverse
CAGR 1Y-2.9%+35.9%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y4.94%86.24%
Max drawdown-8.13%-91.35%

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

Similar to CBOJ and SBIT