Calamos Bitcoin 90 Series Structured Alt Protection ETF - April (CBXA) 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 CBXA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CBXA
CBXA 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 October Buffer ETF | 0.25% | — | Oct 2025 | CBXA vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | CBXA vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | CBXA vs JULB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | CBXA vs JANB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | CBXA vs FBUF |
Best Risk-Adjusted Alternatives to CBXA
CBXA has a PortfoliosLab risk / return rank of 1. There are 246 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 | CBXA vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | CBXA vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | CBXA vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | CBXA vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | CBXA vs XBAP |
Top Performing CBXA Alternatives (YTD)
CBXA is at -20.34% YTD. There are 284 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 | CBXA vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.85% | — | Jan 2025 | CBXA vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.22% | 214.51M | Mar 2020 | CBXA vs KAPR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.42% | 2.84M | Jun 2025 | CBXA vs QB | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.12% | 568.10M | Mar 2021 | CBXA vs QMAR |
Lowest Volatility Alternatives to CBXA
CBXA has 18.19% 1-year volatility. There are 295 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.15% | — | Mar 2025 | CBXA vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.25% | — | Apr 2025 | CBXA vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | CBXA vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | CBXA vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | CBXA vs MMAX |
Lowest Drawdown Alternatives to CBXA
CBXA has a 1-year max drawdown of -29.68%. There are 245 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 | CBXA vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | CBXA vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | CBXA vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | CBXA vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | CBXA vs CPSM |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CAIE, CVRT, CAIQ and span 7 categories. AUM among these funds goes as high as $269M.
Often Compared With CBXA
Investors most often compare CBXA with PMSE, PMJN, PMFB. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare CBXA with Any Fund or Stock
Compare CBXA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CBXA with funds that move differently
Calamos Bitcoin 90 Series Structured Alt Protection ETF - April alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CBXA.
Explore CBXA Diversifiers