Calamos Bitcoin 90 Series Structured Alt Protection ETF - October (CBXO) 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 CBXO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CBXO
CBXO 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 | CBXO vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | CBXO vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | CBXO vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | CBXO vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | CBXO vs FBUF |
Best Risk-Adjusted Alternatives to CBXO
Among 247 ETFs in the Defined Outcome category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | CBXO vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 99 | 19.60M | Apr 2025 | CBXO vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | CBXO vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | CBXO vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | CBXO vs XBAP |
Top Performing CBXO Alternatives (YTD)
CBXO is at -3.49% YTD. There are 270 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 | CBXO vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.92% | — | Jan 2025 | CBXO vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.22% | 214.51M | Mar 2020 | CBXO vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.73% | 568.10M | Mar 2021 | CBXO vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.55% | 2.84M | Jun 2025 | CBXO vs QB |
Lowest Volatility Alternatives to CBXO
CBXO has 6.68% 1-year volatility. There are 173 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.16% | — | Mar 2025 | CBXO vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.25% | — | Apr 2025 | CBXO vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | CBXO vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.35% | 19.60M | Apr 2025 | CBXO vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | CBXO vs MMAX |
Lowest Drawdown Alternatives to CBXO
Among 247 ETFs in the Defined Outcome category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | CBXO vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | CBXO vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | CBXO vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | CBXO vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | CBXO 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 CBXO
Investors most often compare CBXO with QSOL, DIME, HBR. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CBXO with Any Fund or Stock
Compare CBXO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CBXO with funds that move differently
Calamos Bitcoin 90 Series Structured Alt Protection ETF - October alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CBXO.
Explore CBXO Diversifiers