CPSO
Calamos S&P 500 Structured Alt Protection ETF - October
📎 Investment Objective
The Calamos S&P 500 Structured Alt Protection ETF (CPSO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while also seeking to provide downside protection.
Overview
ETF tracking Calamos S&P 500 Structured Alt Protection ETF - October
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Calamos S&P 500 Structured Alt Protection ETF (CPSO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while also seeking to provide downside protection.
🎯 Investment Strategy
The fund uses a structured options strategy to provide exposure to the S&P 500 Index while also seeking to limit downside risk. This is achieved through the use of put options and other derivatives to create a 'floor' that aims to limit potential losses in down markets.
✨ Key Features
- Seeks to track the S&P 500 Index with downside protection
- Uses a structured options strategy to limit downside risk
- Potential to participate in upside market movements while limiting losses in down markets
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The fund's value may decrease due to general market conditions or economic events
- Derivatives risk: The use of options and other derivatives may not achieve the desired results and could reduce returns
- Tracking error risk: The fund may not perfectly track the performance of the S&P 500 Index
- Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price
👤 Best For
This ETF may be suitable for investors seeking exposure to the large-cap U.S. equity market with a focus on downside protection. It may be particularly appealing to those with a moderate risk tolerance who want to participate in market upside while limiting potential losses in down markets.