Calamos ETF Trust - Calamos Bitcoin Structured Alt Protection ETF - January

Frequently Asked Questions About CBOJ

What does CBOJ invest in?

The fund is an actively managed ETF that seeks to provide investment results, that before taking total fund operating fees and expenses into account, track the positive price return of spot bitcoin up to the stated cap over a specified period of time of approximately one year, while seeking to provide protection against decreases in the price of spot bitcoin of more than 10% over the same Outcome Period. It is non-diversified.

What is the expense ratio of CBOJ?

Calamos ETF Trust - Calamos Bitcoin Structured Alt Protection ETF - January (CBOJ) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CBOJ?

Calamos ETF Trust - Calamos Bitcoin Structured Alt Protection ETF - January (CBOJ) manages $15.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CBOJ actively managed or an index fund?

CBOJ is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CBOJ's is 0.69%) in exchange for the discretion to over- or under-weight positions.

When was CBOJ launched?

Calamos ETF Trust - Calamos Bitcoin Structured Alt Protection ETF - January (CBOJ) launched in January 2025 and is managed by Calamos.

How has CBOJ performed?

CBOJ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.