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CPSMCalamos S&P 500 Structured Alt Protection ETF - May

Take a betDiversifier2y track recordRanked #156 of 281 in this goal

Seeks to match the positive price return of the SPDR S&P 500 ETF Trust up to a cap of 6.74% while protecting against 100% of negative price return.

By Calamos · Launched 2024

Annual Cost

0.69%

#3,730 of 6,040 · average

Fund Size

$59M

#3,595 of 6,040 · mid-size

Return (1Y)

+4.6%

Track Record

2 years

#3,469 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,462+4.6%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 3 holdings = 99.9% of fundconcentrated

Goldman Sachs & Co. LLC
121.2%
Goldman Sachs & Co. LLC
0.0%
Goldman Sachs & Co. LLC
-21.2%

Asset allocation

Stocks
93.1%
Cash
6.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
1.6%Low

Year-on-year price swings

Max drawdown
-5.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to match the positive price return of the SPDR S&P 500 ETF Trust up to a cap of 6.74% while protecting against 100% of negative price return.
Strategy
Actively managed ETF designed to provide capital protection against 100% of losses in the Underlying ETF while allowing for upside participation up to a cap of 6.74%. Utilizes FLEX Options to achieve these outcomes over a one-year Outcome Period.
Inception date
April 30, 2024
Fund family
Calamos

Next steps

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Data updated on 2026-09-18