Relative Value Arbitrage · CBOE · USD · Data as of 2026-07-29
AUM
$1.08B
Expense ratio
0.14%
Yield
—
YTD return
0.00%
Last price
$101.12
Unclassified · Coverage 25% · low
Today
60.6
Outlook
60.9
Block A (composite-derived)
70.0
Block C (market behavior)
62.7
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
70.0
Coverage 25% · low
Liquidity
50.0
Expenses
90.0
Performance
—
Volatility
—
Dividend
—
Concentration
—
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Calamos Tax-Aware Collateral ETF (CBOX) is an exchange-traded fund. Assets under management: 825,152,064.
Bullish Whales composite rating: 70 out of 100. Evidence coverage 25% across 2 of 8 axes. Strongest axes: expenses, liquidity.
etf_composite_score_current · composite_score, confidence, coverage_pct, expenses_score, liquidity_scoreetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, tickerCalamos Tax-Aware Collateral ETF is an actively managed exchange-traded fund that seeks capital appreciation through a specialized investment strategy. The fund constructs a portfolio of box spreads, which are sophisticated derivatives strategies that reference the S&P 500 ETF. Box spreads are relative value arbitrage instruments designed to provide defined risk exposure while potentially offering tax-efficient returns. By employing these structured options strategies, the fund aims to deliver upside participation tied to equity market movements while maintaining a disciplined risk framework. The fund represents an alternative approach to traditional equity or bond investing, appealing to investors seeking exposure to advanced derivatives strategies within a regulated ETF wrapper. This strategy allows the fund to combine capital appreciation objectives with tax-aware portfolio construction techniques.
30-day change
$139.40M
90-day change
—
Current AUM: $1,078,165,120. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for CBOX are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.