- What does CPSP invest in?
- Calamos Structured Protected ETFs are engineered to allow investors to capture the positive price appreciation of the S&P 500, though this upside is limited by a predetermined cap. Simultaneously, these ETFs are designed to provide complete protection against any potential S&P 500 losses over a single one-year duration. It's important to note that this participation and protection are calculated prior to the deduction of fund fees and expenses.
- What is the expense ratio of CPSP?
- Calamos S&P 500 Structured Alt Protection ETF – April (CPSP) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CPSP?
- Calamos S&P 500 Structured Alt Protection ETF – April (CPSP) manages $23.1M 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 CPSP actively managed or an index fund?
- CPSP 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 (CPSP's is 0.69%) because there's no security selection cost.
- When was CPSP launched?
- Calamos S&P 500 Structured Alt Protection ETF – April (CPSP) launched in April 2025 and is managed by Calamos.
- How has CPSP performed?
- CPSP'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.
