- What does CPSO invest in?
- These Calamos Structured Protected ETFs offer a strategic investment approach: they are built to mirror the S&P 500's upward price movements, though only up to a predetermined maximum gain. Crucially, they also provide complete insulation from all market downturns over a twelve-month timeframe. This dual benefit of capped upside potential and full downside protection is calculated prior to accounting for any associated fees or expenses.
- What is the expense ratio of CPSO?
- Calamos S&P 500 Structured Alt Protection ETF – October (CPSO) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CPSO?
- Calamos S&P 500 Structured Alt Protection ETF – October (CPSO) manages $27.5M 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 CPSO actively managed or an index fund?
- CPSO 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 (CPSO's is 0.69%) because there's no security selection cost.
- When was CPSO launched?
- Calamos S&P 500 Structured Alt Protection ETF – October (CPSO) launched in October 2024 and is managed by Calamos.
- How has CPSO performed?
- CPSO'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.
