ETTY vs. CBOL

Last updated Jul 15, 2026

ETTY (Amplify Ethereum 3% Monthly Option Income ETF) and CBOL (Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF) are both exchange-traded funds - ETTY is a Cryptocurrency fund actively managed by Amplify, while CBOL is a Defined Outcome fund actively managed by Calamos. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. ETTY charges 0.75%/yr vs 0.79%/yr for CBOL.

Performance

ETTY vs. CBOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Ethereum 3% Monthly Option Income ETF (ETTY) and Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF (CBOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETTY achieves a -37.65% return, which is significantly lower than CBOL's -1.94% return.

ETTY

• 1D: 7.19%
• 1M: 8.72%
• 6M: -41.38%
• YTD: -37.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CBOL

• 1D: 0.30%
• 1M: 0.11%
• 6M: -2.70%
• YTD: -1.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETTY vs. CBOL - Yearly Performance Comparison

	2026 (YTD)	2025
ETTY Amplify Ethereum 3% Monthly Option Income ETF	-37.65%	-26.81%
CBOL Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF	-1.94%	-2.04%

Correlation

The correlation between ETTY and CBOL is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.85

Return for Risk

ETTY vs. CBOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Ethereum 3% Monthly Option Income ETF (ETTY) and Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF (CBOL). 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

ETTY vs. CBOL - Drawdown Comparison

The maximum ETTY drawdown since its inception was -62.13%, which is greater than CBOL's maximum drawdown of -5.05%. Use the drawdown chart below to compare losses from any high point for ETTY and CBOL.

Drawdown Indicators

	ETTY	CBOL	Difference
Max Drawdown Largest peak-to-trough decline	-62.13%	-5.05%	-57.08%
Current Drawdown Current decline from peak	-54.99%	-4.56%	-50.43%
Average Drawdown Average peak-to-trough decline	-38.01%	-3.41%	-34.60%

Volatility

Volatility by Period

	ETTY	CBOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	63.64%	3.74%	+59.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.64%	3.74%	+59.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.64%	3.74%	+59.90%

ETTY vs. CBOL - Expense Ratio Comparison

ETTY has a 0.75% expense ratio, which is lower than CBOL's 0.79% expense ratio.

Dividends

ETTY vs. CBOL - Dividend Comparison

ETTY's dividend yield for the trailing twelve months is around 36.24%, more than CBOL's 1.83% yield.

Position	TTM	2025
CBOL Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF	1.83%	1.79%
ETTY Amplify Ethereum 3% Monthly Option Income ETF	36.24%	6.26%

Frequently Asked Questions

Can I hold both ETTY and CBOL in my portfolio?

ETTY and CBOL have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETTY or CBOL?

On fees, ETTY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETTY or CBOL?

ETTY is cheaper with a 0.75% expense ratio, compared with 0.79% for CBOL.

Which ETF pays a higher dividend yield, ETTY or CBOL?

ETTY has the higher dividend yield at 36.24%, compared with 1.83% for CBOL.

What is the main difference between ETTY and CBOL?

ETTY is categorized as Cryptocurrency, while CBOL is Defined Outcome. They also come from different issuers: Amplify and Calamos. Their fees differ too: 0.75% for ETTY and 0.79% for CBOL.