CBXL Calamos ETF Trust - Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF
Quote as of Oct 23, 2026 17:53 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 21.20 | Day Range | 21.21 – 21.21 |
| 52-Week Range | 19.67 – 25.00 | Volume | 460 |
| Avg Volume | 455 | AUM | $1.6M (Oct 24, 2026) |
| Expense Ratio | 0.10% | Yield (TTM) | 1.49% |
| NAV | 21.20 | Premium/Discount | +0.05% indicative |
| Inception | Oct 14, 2025 | Holdings | 6 |
| Issuer | Calamos | Exchange | CBOE |
| Category | Bitcoin | Index Tracked | Not stated in source data |
| CUSIP | 12811T548 | ISIN | US12811T5487 |
| Structure | Buffer / Defined Outcome | ||
| Management | Not stated in source data | ||
About this ETF
CBXL is a single-ticker solution that bundles four specific, defined outcome buffer ETFs linked to the spot price of Bitcoin (BTC). The fund ladders four Calamos Bitcoin Structured Alt Protection ETFs: CBXJ, CBXA, CBXY, and CBXO, each with a one-year target outcome period. Each ETF utilizes both FLEX and listed options and resets quarterly on a staggered schedule in January, April, July, and October, respectively. These ETFs provide 90% downside protection, but cap upside returns during their respective outcome periods. The laddered strategy mitigates market entry/exit timing risks by ensuring continuous access to refreshed upside and downside parameters. Note that CBXL itself does not offer protection. The fund rebalances twice a year to maintain equal weighting. Daily information on CBXLs exposure to the underlying ETFs, as well as remaining caps and buffers, is available on the issuers website.
Description from the fund data provider · profile as of Oct 24, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -1.12% | +6.22% | +3.11% | -4.33% | -13.65% | — | — | — | -14.38% |
| Total return | -1.12% | +6.22% | +3.11% | -4.33% | -12.40% | — | — | — | -13.16% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.10% | Annual cost of a $10,000 investment | $10.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 23, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 6 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Calamos Bitcoin 90 Series Structured Alt… | CBXA | 26.05% | 17.51K | $414.2K |
| 2 | Calamos Bitcoin 90 Series Structured Alt… | CBXY | 25.57% | 16.91K | $406.7K |
| 3 | Calamos Bitcoin 90 Protection Strategy ETF -… | CBXJ | 25.36% | 18.52K | $403.3K |
| 4 | Calamos Bitcoin 90 Series Structured Alt… | CBXO | 22.98% | 16.89K | $365.4K |
| 5 | US DOLLAR | — | 0.05% | 812 | $811.83 |
| 6 | NET OTHER ASSETS | — | -0.01% | 0 | -$96.49 |
Click a ticker to see every ETF that owns it.
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 1.49% | Paid (last 12 months) | $0.3160 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 23, 2025 | Last payment | $0.3160 (Dec 30, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 23, 2025 | Dec 23, 2025 | Dec 30, 2025 | $0.3160 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 11.90% / — | Sharpe 1Y / 3Y | -1.41 / — |
| Max drawdown 1Y / 3Y | -20.01% / — | Sortino 1Y | -1.89 |
| Beta vs S&P 500 (3Y) | 0.408 | Correlation vs S&P 500 (1Y) | 0.406 |
| Downside deviation 1Y | 8.88% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 25, 2026. Formulas →
Liquidity
| Volume today | 460 | Average volume | 455 |
| AUM | $1.6M | Premium/Discount | +0.05% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for CBXL
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.