{"url":"https://etfiq.com/compare/buffer/cboa-vs-cbta","section":"compare","title":"CBOA vs CBTA: which one stands where? | ETFIQ","description":"As of Oct 1, 2026 neither CBOA nor CBTA publishes a remaining cap. Each can fall 3.7% and 29.7% before its buffer engages, on Bitcoin.","as_of":"Oct 1, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which resets first, CBOA or CBTA?","acceptedAnswer":{"@type":"Answer","text":"CBOA ends its outcome period on May 1, 2027 and CBTA on May 1, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, CBOA or CBTA?","acceptedAnswer":{"@type":"Answer","text":"CBOA charges 0.69% a year and CBTA charges 0.69%, so CBOA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"CBOA vs CBTA","item":"https://etfiq.com/compare/buffer/cboa-vs-cbta"}]},{"@type":"WebPage","name":"CBOA vs CBTA: which one stands where?","description":"As of Oct 1, 2026 neither CBOA nor CBTA publishes a remaining cap. Each can fall 3.7% and 29.7% before its buffer engages, on Bitcoin.","url":"https://etfiq.com/compare/buffer/cboa-vs-cbta","dateModified":"2026-10-01","abstract":"As of Oct 1, 2026 CBTA can fall 29.7% before its buffer engages and CBOA 3.7%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CBOA and CBTA","description":"As of Oct 1, 2026 neither CBOA nor CBTA publishes a remaining cap. Each can fall 3.7% and 29.7% before its buffer engages, on Bitcoin.","dateModified":"2026-10-01","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/cboa-vs-cbta","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":5087,"truncated":true,"content":"ETFIQ / Buffer ETFs / Head to head / CBOA vs CBTA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 1, 2026 .\n\n CBOA vs CBTA: which one stands where?\n\n As of Oct 1, 2026 CBTA can fall 29.7% before its buffer engages and CBOA 3.7%.\n Copy this for sharing \n \n Calamos Bitcoin Structured Alt Protection ETF - April and Calamos Bitcoin 80 Series Structured Alt Protection ETF - April.\n\n Download as PDF \n\n CBOA At its cap [CBOA: reference +18.1% since period start, fund +3.5%; buffer \u22120 to floor; cap +9.4%; At its cap.. At its cap] [CBOA: reference +18.1% since period start, fund +3.5%; buffe","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Oct 1, 2026. https://etfiq.com/compare/buffer/cboa-vs-cbta","a":{"ticker":"CBOA","name":"Calamos Bitcoin Structured Alt Protection ETF - April","issuer":"Calamos","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, CBOA has reached its cap.","url":"https://etfiq.com/funds/cboa","key_facts":[{"label":"Fall before the buffer","value":"3.7%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"99.7%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"212","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$5m","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.69%","as_of":"2026-10-01","source":"issuer page, Oct 1, 2026"},{"label":"Reference index","value":"Bitcoin","as_of":"2026-10-01","source":null}]},"b":{"ticker":"CBTA","name":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - April","issuer":"Calamos","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, CBTA is between its buffer and cap, with Bitcoin up 18.1% since the period began.","url":"https://etfiq.com/funds/cbta","key_facts":[{"label":"Fall before the buffer","value":"29.7%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"79.8%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"212","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$6m","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.69%","as_of":"2026-10-01","source":"issuer page, Oct 1, 2026"},{"label":"Reference index","value":"Bitcoin","as_of":"2026-10-01","source":null}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/cboa-vs-cbta"}