- What are the top holdings of CBTO?
- A machine-readable holdings disclosure for Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - October (CBTO) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does CBTO invest in?
- Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - October (CBTO) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is CBTO most exposed to?
- CBTO's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is CBTO a US-only fund?
- The country allocation card on this page shows CBTO's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does CBTO invest in?
- CBTO actively manages options and collateral in a way designed to track the positive price return of spot bitcoin up to a cap, while providing protection against a loss exceeding 20%, over a one-year period. It uses the BRRNY, a benchmark index, to determine the cap. The fund employs two portfolio construction methods: one involving US Treasuries, options, and cash equivalents and the other using options and cash equivalents. The fund does not invest directly in bitcoin. The fund offers perpetual investment opportunities, with new options chosen at each annual reset date in October, reflecting market conditions at that time. Returns will differ if investors buy or sell shares mid-Outcome Period. The fund also invests up to 25% of its assets in a Cayman Islands subsidiary for bitcoin exposure within IRS guidelines. The fund's strategies and outcomes are hypothetical and not guaranteed.
