CPRO
Calamos Russell 2000 Structured Alt Protection ETF - October
📎 Investment Objective
The Calamos Russell 2000 Structured Alt Protection ETF (CPRO) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Russell 2000 Index, while providing downside protection against significant market declines.
Overview
ETF tracking Calamos Russell 2000 Structured Alt Protection ETF - October
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Calamos Russell 2000 Structured Alt Protection ETF (CPRO) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Russell 2000 Index, while providing downside protection against significant market declines.
🎯 Investment Strategy
CPRO aims to achieve its objective by investing primarily in a portfolio of U.S. equity securities that are intended to provide exposure to the Russell 2000 Index, combined with an options-based risk management strategy designed to mitigate downside risk.
✨ Key Features
- Seeks to track the performance of the Russell 2000 Index, which represents small-cap U.S. equities
- Utilizes an options-based strategy to provide downside protection during significant market declines
- Aims to deliver equity-like returns with lower volatility compared to the broader small-cap market
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
- Small-cap risk: Small-cap companies may be more volatile and less liquid than larger companies
- Options-based strategy risk: The options-based risk management strategy may not be successful in mitigating downside risk
- Tracking error risk: The ETF may not perfectly track the performance of the Russell 2000 Index
👤 Best For
CPRO may be suitable for investors seeking exposure to the small-cap equity market with a focus on downside protection. It may be particularly appealing to investors with a moderate risk tolerance who are looking to balance equity market participation with reduced volatility.