CPRY
Calamos Russell 2000 Structured Alt Protection ETF - January
📎 Investment Objective
The Calamos Russell 2000 Structured Alt Protection ETF seeks to provide exposure to the small-cap equity market with the potential for downside protection compared to a traditional small-cap index fund.
Overview
ETF tracking Calamos Russell 2000 Structured Alt Protection ETF - January
Performance
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Investment Summary
📎 Investment Objective
The Calamos Russell 2000 Structured Alt Protection ETF seeks to provide exposure to the small-cap equity market with the potential for downside protection compared to a traditional small-cap index fund.
🎯 Investment Strategy
The ETF uses a structured options-based strategy to provide exposure to the Russell 2000 Index while seeking to limit downside risk. It invests in a portfolio of Russell 2000 stocks and overlays a put option spread to help protect against large market declines.
✨ Key Features
- Seeks to provide small-cap equity exposure with downside protection
- Uses a structured options strategy to limit risk on the downside
- Tracks the Russell 2000 Index, a benchmark for U.S. small-cap stocks
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk - The value of the ETF's holdings may decline due to general market conditions
- Small-cap risk - Small companies may be more volatile and less liquid than larger companies
- Options strategy risk - The options overlay may not be successful in limiting downside risk
- Tracking error risk - The ETF may not perfectly track the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking small-cap equity exposure with the potential for downside protection, particularly those with a moderate risk tolerance who are concerned about large market declines.