CPSP

Calamos S&P 500 Structured Alt Protection ETF - April

$25.81
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Calamos S&P 500 Structured Alt Protection ETF (CPSP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while aiming to provide downside protection during periods of market decline.

Overview

ETF tracking Calamos S&P 500 Structured Alt Protection ETF - April

Category Large Cap
Issuer Other
Inception Date 2025-04-01
Market Cap $15.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $24.31 - $25.84
VWAP $25.80

Performance

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Investment Summary

📎 Investment Objective

The Calamos S&P 500 Structured Alt Protection ETF (CPSP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while aiming to provide downside protection during periods of market decline.

🎯 Investment Strategy

CPSP invests primarily in a portfolio of S&P 500 Index equity securities and utilizes a structured options strategy to help mitigate downside risk. The fund aims to provide exposure to the upside potential of the S&P 500 Index while using options to limit losses during market downturns.

✨ Key Features

  • Seeks to track the performance of the S&P 500 Index
  • Utilizes a structured options strategy to provide downside protection
  • Aims to participate in the upside of the S&P 500 while limiting losses
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
  • Options risk: The use of options may not be successful and could result in losses to the fund
  • 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 securities at an optimal time and price

👤 Best For

CPSP may be suitable for investors seeking exposure to the S&P 500 Index with the potential for downside protection during market declines. Investors with a moderate to long-term investment horizon and a moderate risk tolerance may find this fund appropriate as part of a diversified portfolio.