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CBXA vs CWB

Calamos Bitcoin 90 Series Struc vs State Street SPDR Bloomberg Convertible Securities ETF

CBXA

Calamos Bitcoin 90 Series Struc

Annual cost

0.69%

Fund size

$4M

CWB

State Street SPDR Bloomberg Convertible Securities ETF

Annual cost

0.40%

Fund size

$6.2B

Key differences

CBXA is a cryptocurrency ETF, while CWB is a fixed income ETF. CBXA charges 0.69% a year and CWB 0.40%.

  • CBXA is a cryptocurrency fund, while CWB is a fixed income fund. They carry different risk/return profiles.
  • CBXA follows a active selection strategy; CWB uses index tracking.
  • CWB costs 0.29% less per year.
  • CWB is much larger than CBXA. Larger funds are usually more liquid and less likely to close.
  • CWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CBXACWB
Annual cost (TER)0.69%0.40%
Fund size (AUM)$4M$6.2B
Since20252009
Dividend yield2.36%1.37%
Asset classcryptocurrencyfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y-23.5%+29.3%
CAGR 3YN/A+17.2%
CAGR 5YN/A+6.5%
Sharpe 3YN/A1.10
Volatility 1Y18.05%14.77%
Max drawdown-28.98%-32.06%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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