Calamos Bitcoin 80 Series Structured Alt Protection ETF - April (CBTA) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CBTA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CBTA
CBTA charges 0.69% annually. There are 42 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | CBTA vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | CBTA vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | CBTA vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | CBTA vs OCTB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | CBTA vs FBUF |
Best Risk-Adjusted Alternatives to CBTA
CBTA has a PortfoliosLab risk / return rank of 2. There are 248 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | CBTA vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | CBTA vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | CBTA vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | CBTA vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | CBTA vs CPRA |
Top Performing CBTA Alternatives (YTD)
CBTA is at -24.45% YTD. There are 286 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | CBTA vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 14.64% | 2.87M | Jun 2025 | CBTA vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 14.50% | — | Jan 2025 | CBTA vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.86% | 214.27M | Mar 2020 | CBTA vs KAPR | |
| Innovator U.S. Small Cap Power Buffer ETF - March | 12.74% | — | Feb 2025 | CBTA vs KMAR |
Lowest Volatility Alternatives to CBTA
CBTA has 29.44% 1-year volatility. There are 300 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | CBTA vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.34% | — | Apr 2025 | CBTA vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | CBTA vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | CBTA vs PMMY | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | CBTA vs MMAX |
Lowest Drawdown Alternatives to CBTA
CBTA has a 1-year max drawdown of -39.83%. There are 249 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | CBTA vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | CBTA vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | CBTA vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | CBTA vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | CBTA vs CPSM |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CAIE, CVRT, CAIQ and span 9 categories. AUM among these funds goes as high as $1B.
Often Compared With CBTA
Investors most often compare CBTA with RBIL, STEN, PMJN. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare CBTA with Any Fund or Stock
Compare CBTA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CBTA with funds that move differently
Calamos Bitcoin 80 Series Structured Alt Protection ETF - April alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CBTA.
Explore CBTA Diversifiers