DIME vs. CBXO

Last updated Jun 23, 2026

DIME (CoinShares Altcoins ETF) and CBXO (Calamos Bitcoin 90 Series Structured Alt Protection ETF - October) are both exchange-traded funds - DIME is a Cryptocurrency fund actively managed by CoinShares, while CBXO is a Defined Outcome fund actively managed by Calamos. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. DIME charges 0.00%/yr vs 0.69%/yr for CBXO.

Performance

DIME vs. CBXO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CoinShares Altcoins ETF (DIME) and Calamos Bitcoin 90 Series Structured Alt Protection ETF - October (CBXO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIME achieves a -29.30% return, which is significantly lower than CBXO's -3.74% return.

DIME

• 1D: 0.00%
• 1M: -14.04%
• YTD: -29.30%
• 6M: -28.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CBXO

• 1D: 0.02%
• 1M: -0.38%
• YTD: -3.74%
• 6M: -4.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DIME vs. CBXO - Yearly Performance Comparison

	2026 (YTD)	2025
DIME CoinShares Altcoins ETF	-29.30%	-58.28%
CBXO Calamos Bitcoin 90 Series Structured Alt Protection ETF - October	-3.74%	-8.05%

Correlation

The correlation between DIME and CBXO is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025	0.73

Return for Risk

DIME vs. CBXO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoinShares Altcoins ETF (DIME) and Calamos Bitcoin 90 Series Structured Alt Protection ETF - October (CBXO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

DIME vs. CBXO - Drawdown Comparison

The maximum DIME drawdown since its inception was -72.54%, which is greater than CBXO's maximum drawdown of -11.51%. Use the drawdown chart below to compare losses from any high point for DIME and CBXO.

Drawdown Indicators

	DIME	CBXO	Difference
Max Drawdown Largest peak-to-trough decline	-72.54%	-11.51%	-61.03%
Current Drawdown Current decline from peak	-70.51%	-11.49%	-59.02%
Average Drawdown Average peak-to-trough decline	-58.33%	-8.65%	-49.68%

Volatility

Volatility by Period

	DIME	CBXO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	78.92%	6.96%	+71.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.92%	6.96%	+71.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.92%	6.96%	+71.96%

DIME vs. CBXO - Expense Ratio Comparison

DIME has a 0.00% expense ratio, which is lower than CBXO's 0.69% expense ratio.

Dividends

DIME vs. CBXO - Dividend Comparison

DIME has not paid dividends to shareholders, while CBXO's dividend yield for the trailing twelve months is around 0.53%.

Position	TTM	2025
CBXO Calamos Bitcoin 90 Series Structured Alt Protection ETF - October	0.53%	0.51%
DIME CoinShares Altcoins ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIME and CBXO in my portfolio?

DIME and CBXO have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIME or CBXO?

On fees, DIME is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIME or CBXO?

DIME is cheaper with a 0.00% expense ratio, compared with 0.69% for CBXO.

Which ETF pays a higher dividend yield, DIME or CBXO?

CBXO has the higher dividend yield at 0.53%, compared with 0.00% for DIME.

What is the main difference between DIME and CBXO?

DIME is categorized as Cryptocurrency, while CBXO is Defined Outcome. They also come from different issuers: CoinShares and Calamos. Their fees differ too: 0.00% for DIME and 0.69% for CBXO.