CANQCalamos Nasdaq Equity & Income ETF
Seeks attractive risk-adjusted total return through capital appreciation and current income.
By Calamos · Launched 2024
0.94%
#4,588 of 5,562 · expensive
$25M
#4,182 of 5,562 · small
4.32%
2 years
#3,438 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 93.1% of fund✓ diversified through underlying funds
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Bond profile
Duration
5.5 years
Avg maturity
9.8 years
Credit ratings
Where to buy
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks attractive risk-adjusted total return through capital appreciation and current income.
- Strategy
- Actively manages fixed income exposure through selection of various debt instruments, including U.S. Treasuries, corporate debt, and high yield bonds. Seeks convertible security-like exposure to companies in the Nasdaq-100 Index, with no limits on maturity or credit quality.
- Inception date
- February 13, 2024
- Fund family
- Calamos
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19