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Calamos S&P 500 Structured Alt Protection ETF - September

$26.81
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Calamos S&P 500 Structured Alt Protection ETF 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 - September

Category Large Cap
Issuer Other
Inception Date 2024-09-03
Market Cap $29.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $24.67 - $26.92
VWAP $26.82

Performance

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Investment Summary

📎 Investment Objective

The Calamos S&P 500 Structured Alt Protection ETF 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

The ETF uses a structured options-based strategy that includes a combination of long and short positions in S&P 500 Index options to provide exposure to the broad U.S. large-cap equity market with the goal of limiting downside risk during market downturns.

✨ Key Features

  • Seeks to track the performance of the S&P 500 Index with downside protection
  • Uses a structured options-based strategy to limit losses during market declines
  • Aims to provide exposure to the large-cap U.S. equity market
  • 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
  • Options risk: The use of options strategies may not be successful and could result in losses
  • Tracking error risk: The ETF may not perfectly track the performance of the underlying index
  • Liquidity risk: The ETF may have difficulty buying or selling certain holdings at an optimal time and price

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. large-cap equity market with a focus on downside protection during periods of market volatility. It may be particularly appealing to more conservative investors or those nearing retirement who want to limit potential losses.