Calamos S&P 500 Structured Alt Protection ETF – October

Frequently Asked Questions About CPSO

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 $31.4M 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.