CBOO ETF — Calamos Bitcoin Structured Alt Protection ETF - October

Calamos Bitcoin Structured Alt Protection ETF - October (CBOO)

Updated October 16, 2026.

CBOO is an ETF. its trailing-12-month yield is 0.58%, its expense ratio is 0.69%. Dividend Vision Distribution Safety Score™ is 38/100 (Unproven). Total return is -2.4% over the past year, 17.7 points behind SPY at 15.3%.

Calamos Bitcoin Structured Alt Protection ETF – October is an actively managed ETF that provides capped upside exposure to spot bitcoin price increases over approximately one-year periods while seeking downside protection against bitcoin price declines. The fund carries an expense ratio of 0.69% and has a modest current distribution rate; its latest distribution was special and may not recur regularly. The fund appeals to investors seeking structured bitcoin exposure with built-in downside hedging rather than direct price participation.

CBOO performance versus SPY

Price and return data through 2026-10-16.

Total return is -2.4% over the past year, 17.7 points behind SPY at 15.3%. Its deepest 1-year drawdown was 2.3%.

CBOO key facts

Distribution Safety Score™

38 · Unproven

Issuer

Calamos Investments

Asset type

ETF

Asset class

Fixed Income

Inception date

10/07/2025

Expense ratio

0.69%

Distribution frequency

Annual

Trailing yield

0.58%

Last close

$24.27 (as of 2026-10-16)

AUM

$6,171,762

Average volume

183.0

Dividend

$0.14

Ex-dividend date

12/12/2025

Beta

0.0351

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.58%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Calamos Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CBOO risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 2.3%.

Who may consider CBOO — and who may not

It is a weaker fit for investors who need monthly cash flow (CBOO pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CBOO

• All tickers starting with C

Tagged: Bitcoin, Crypto, Single.

Frequently asked questions

More securities from Calamos Investments.