Calamos Structured Protection ETFs

Latest Offerings (View All ETFs)

Reset on August 31

Calamos S&P 500 Structured Alt Protection ETF – September

Initial Cap Rate* 8.06%

Reset on August 31

Calamos Nasdaq-100 Structured Alt Protection ETF – September

Initial Cap Rate* 8.76%

New Animation

How would a Capital Protected S&P Strategy have performed across varying cycles?

Watch the animation to explore performance across a bull market, down market and flat market scenarios.

Why risk it? Discover the power of Calamos Structured Protection ETFs.

Structured Protection ETFs

100% Capital Protection

No downside risk over the 1-year outcome period

Defined Upside Participation

Exposure to Bitcoin, S&P 500®, Nasdaq-100® or Russell 2000® to a cap

Tax Alpha

Seeks tax-deferred growth inside the tax-efficient ETF wrapper

Why Use Structured Protection ETFs

Investors who seek: Solves for: Alternative to:
Downside protection
  • Eliminates drawdowns and market timing
  • Prevents fear of missing out on up markets
  • Passive equity
  • Buffer strategies
  • Structured notes
To reallocate cash
  • Growth is tax deferred and taxed at capital gains rates, not ordinary income
  • Activates cash on the sidelines with equity upside and no downside risk
  • Money market funds
  • CDs
  • Short-term bonds
  • Structured notes
Capital preservation near or during retirement
  • Delivers preservation of principal for those in decumulation
  • Prevents exposure to down markets approaching or in retirement
  • Buffer strategies
  • Target date funds
  • Bonds

How Do Structured Protection ETFs Work?

Structured Protection ETFs are designed to avoid losses when the market goes down over the one-year outcome period.

How a Structured Protection Strategy Compares to Equities in Different Markets

When To Buy Structured Protection ETFs

Entry points into Structured Protection ETFs offer a range of opportunities if held over the course of the one-year period.

Potential Entry Points: Upside and Downside Participation: Reason to Buy:
Index at launch Day-1 ETF NAV
  • Upside: 100% of cap potential
  • Downside: 100% protection
  • At launch, the stated cap rate and 100% downside protection are guaranteed
  • Defined results at launch help with planning
Index is near Day-1 ETF NAV
  • Upside: near Day-1 cap
  • Downside: near 100% protection
  • Upside participation is similar to the Day-1 cap rate over a shorter period of time, meaning higher annualized return potential
Index is below Day-1 ETF NAV
  • Upside: potential to exceed Day-1 cap
  • Downside: 100% protection
  • Upside participation could exceed Day-1 cap rate over a shorter period of time, meaning higher annualized return potential
Index is above Day-1 ETF NAV
  • Upside: less than Day-1 cap
  • Downside: less than 100% protection
  • Can serve as insurance against large drawdowns after the market has run up

Why Calamos?

Alternatives and options-based investing is in our DNA

Calamos portfolio managers have been investing in options for nearly 50 years, creating new and innovative strategies to help investors manage risk.

Calamos is a leading US manager of alternatives investments, overseeing $16 billions in liquid alternatives with the majority of total fund assets in options-related strategies.