- What does CPRA invest in?
- Calamos Structured Protection ETFs enable investors to participate in the positive price appreciation of the Russell 2000, up to a specified maximum gain. Simultaneously, these funds offer complete protection against any losses over a one-year period, prior to the deduction of fees and expenses.
- What is the expense ratio of CPRA?
- Calamos Russell 2000 Structured Alt Protection ETF – April (CPRA) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CPRA?
- Calamos Russell 2000 Structured Alt Protection ETF – April (CPRA) manages $13.2M 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 CPRA actively managed or an index fund?
- CPRA is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CPRA's is 0.69%) because there's no security selection cost.
- When was CPRA launched?
- Calamos Russell 2000 Structured Alt Protection ETF – April (CPRA) launched in April 2025 and is managed by Calamos.
- How has CPRA performed?
- CPRA'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.
