- What does CHDG invest in?
- CHDG is a fund-of-funds aiming to generate total return while mitigating downside risk through an actively managed options overlay on the S&P 500 Index. It primarily invests in ETFs that hold constituents of the S&P 500 Index including, but is not limited to, SPYM, SPY, or VOO. The fund also writes/sells and buys put and call options on the S&P 500 funds and/or broad-based indices, as well as enter other options strategies to offset risks. It may also engage in active and frequent trading of portfolio securities. The fund uses derivatives both for hedging and non-hedging purposes, including entering into forward foreign currency contracts, futures or other derivatives. Additionally, CHDG may invest in ultra-short term fixed income securities, cash equivalents, box spreads and box spread ETFs, and may hold cash for temporary defensive purposes.
- What is the expense ratio of CHDG?
- Calamos Active Hedged Equity ETF (CHDG) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CHDG?
- Calamos Active Hedged Equity ETF (CHDG) manages $2.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CHDG actively managed or an index fund?
- CHDG is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CHDG's is 0.64%) in exchange for the discretion to over- or under-weight positions.
- When was CHDG launched?
- Calamos Active Hedged Equity ETF (CHDG) launched in August 2026 and is managed by Calamos.
- How has CHDG performed?
- CHDG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
