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CAIQ

Calamos Nasdaq® Autocallable Income ETF

Important Disclosure

Fund Stats

  • NAV

    $26.62

    $0.09 (0.34%)

    As of 6/17/26

  • Market Price

    $26.72

    As of 6/17/26

  • YTD Return

    12.60%

    As of 6/17/26

  • Total Net Assets

    $231.6 Million

    As of 6/17/26

  • Inception Date

    11/20/25

Calamos Nasdaq Autocallable Income ETF Overview

Calamos Nasdaq Autocallable Income ETF seeks to generate high monthly income while providing reduced downside risk through exposure to a portfolio of autocallables.

Key Features

  • Seeks to Generate High, Stable Monthly Income Potential. Coupons typically higher than bonds, tied to equity market performance.
  • Tax-Advantaged Income. Seeks favorable tax treatment on distributions vs. ordinary income.
  • Model-Portfolio Ready. Single ticker solution, liquid, and operationally efficient.
  • Laddered Exposure. 52+ autocallables seek consistent income and reduced timing risk.

Portfolio Fit

Equity Alternative. Replace part of your equity allocation to maintain equity like total return potential while potentially enhancing current income through monthly distributions.

Yield Enhancement & Diversification. Add potentially high levels of monthly income with differentiated risk factors-tied to equity performance rather than credit risk or duration.

Tax Efficient ETF Wrapper. May be ideal for taxable accounts with 1099 reporting.

From Complexity to Accessibility: Democratizing Autocallable Yield Notes Through ETF Innovation

Performance

Annualized Total Returns (%)

As of 3/31/26 As of 5/31/26
Name 1 Month 3 Month Since Inception (11/20/25)
CAIQ Market Price -3.98 -4.17 -0.26
CAIQ NAV -3.49 -3.57 -0.34
MerQube Vol Adv Autocall TR Indx - (MQAUTOQL) -3.46 -3.43 -0.30
Name 1 Month 6 Month Since Inception (11/20/25)
CAIQ Market Price 3.98 13.77 18.00
CAIQ NAV 3.99 13.11 17.22
MerQube Vol Adv Autocall TR Indx - (MQAUTOQL) 4.06 13.39 17.40

Important Fund Information

Nasdaq®, Nasdaq-100®, Nasdaq-100 Index® and Nasdaq-100 Top 30 Hybrid Income Index® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Calamos Advisors LLC. The Fund has not been passed on by the Corporations as to their legality or suitability. The Fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND(S).

Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value of an investment will fluctuate so that your shares, when sold, may be worth more or less than their original cost. Returns at NAV reflect the deduction of the Fund's management fee and other expenses, which can be found on the fund fees and expenses tab. You can purchase or sell common shares daily. Like any other stock, market price will fluctuate with the market. Upon sale, your shares may have a market price that is above or below net asset value and may be worth more or less than your original investment.

Unmanaged index returns, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.

Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average. All performance shown assumes reinvestment of dividends and capital gains distributions.

The fund's expense ratio as of the prospectus dated 4/15/2026 is 0.86%.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Autocallable Dashboard

Current Analysis of MerQube Nasdaq-100 Vol Advantage Autocallable Index

Data as of 6/17/2026

17.69%

Weighted Average Coupon

100%

Autocallables Paying Coupons

52

Live Autocallables

102.14%

Weighted Avg. Mark-to-Market

0%

Autocallables Near Maturity with Principal at Risk

4.4 years

Weighted Avg. Time to Maturity

Portfolio

A list of all fund holdings is made available daily through the link below.

View All Holdings

Holdings and weightings are subject to change daily. Holdings are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned.

Holdings

As of 6/16/26
Holding %
Calamos Tax-Aware Collateral ETF 76.9%
United States Treasury Bill 14.2%
TRS RECEIVE MQAUTOQL: MerQube NASDAQ-100 VOL ADVANTAGE AUTOCALL IDX PAY US SOFR Rate +10bps - JPM 8.5%
TRS RECEIVE MQAUTOQL: MerQube NASDAQ-100 VOL ADVANTAGE AUTOCALL IDX PAY US SOFR Rate +10bps - JPM 0.0%

Yield

Name %
Distribution Rate
(As of 5/31/26)		 16.91%
30-day SEC yield
(As of 5/31/26)		 -0.11%
Unsubsidized 30-day SEC yield
(As of 5/31/26)		 -0.21%

Distributions

Schedule

Name Frequency
Distributions MONTHLY
Capital Gains ANNUAL

Distribution Detail

Declaration Date Ex Date Record Date Payable Date Distribution
12/22/2025 12/23/2025 12/23/2025 12/30/2025 $0.39352
01/30/2026 02/02/2026 02/02/2026 02/09/2026 $0.37498
02/27/2026 03/02/2026 03/02/2026 03/09/2026 $0.38088
03/31/2026 04/01/2026 04/01/2026 04/08/2026 $0.37848
04/30/2026 05/01/2026 05/01/2026 05/08/2026 $0.37869
05/29/2026 06/01/2026 06/01/2026 06/08/2026 $0.37859
06/30/2026 07/01/2026 07/01/2026 07/09/2026 —
07/31/2026 08/03/2026 08/03/2026 08/10/2026 —
08/31/2026 09/01/2026 09/01/2026 09/09/2026 —
09/30/2026 10/01/2026 10/01/2026 10/08/2026 —
10/30/2026 11/02/2026 11/02/2026 11/09/2026 —
11/30/2026 12/01/2026 12/01/2026 12/08/2026 —
12/22/2026 12/23/2026 12/23/2026 12/30/2026 —

2025 Capital Gains
Capital gains for Calamos Exchange-Traded Funds were declared December 23, 2025. View the report.

Pricing

Fund Details

As of 6/17/26
Detail Value
Ticker CAIQ
NAV $26.62
Market Price $26.72
Premium/Discount 0.38%
Exchange NASDAQ
Inception Date 11/20/25

30 Day Median Bid/Ask

As of 6/16/26
30 Day Median Bid/Ask
0.11%

Premium / Discount

As of 6/17/26
Date Value
11/20/2025 0.04
11/21/2025 0.04
11/24/2025 -0.1
11/25/2025 0.47
11/26/2025 0.19
11/28/2025 0.08
12/01/2025 0.08
12/02/2025 -0.04
12/03/2025 0.11
12/04/2025 0.12
12/05/2025 0.15
12/08/2025 0
12/09/2025 0.11
12/10/2025 0.15
12/11/2025 0.15
12/12/2025 0.39
12/15/2025 0.06
12/16/2025 0.12
12/17/2025 0.39
12/18/2025 -0.23
12/19/2025 0.31
12/22/2025 0.02
12/23/2025 0.16
12/24/2025 0.27
12/26/2025 0.19
12/29/2025 0.08
12/30/2025 0.39
12/31/2025 0.71
01/02/2026 0.35
01/05/2026 -0.04
01/06/2026 0.19
01/07/2026 0.15
01/08/2026 0.39
01/09/2026 0.83
01/12/2026 0.31
01/13/2026 0.03
01/14/2026 -0.12
01/15/2026 0.27
01/16/2026 0.31
01/20/2026 1.16
01/21/2026 -0.47
01/22/2026 0.19
01/23/2026 0.35
01/26/2026 0.15
01/27/2026 0.42
01/28/2026 0.23
01/29/2026 0
01/30/2026 0.31
02/02/2026 0.31
02/03/2026 -0.16
02/04/2026 0.44
02/05/2026 0.53
02/06/2026 0.38
02/09/2026 0.26
02/10/2026 0.07
02/11/2026 0.15
02/12/2026 0.12
02/13/2026 0.05
02/17/2026 -0.09
02/18/2026 0.13
02/19/2026 0.28
02/20/2026 0.25
02/23/2026 0.07
02/24/2026 0.26
02/25/2026 0.15
02/26/2026 0.06
02/27/2026 0.6
03/02/2026 0.2
03/03/2026 0.18
03/04/2026 0.27
03/05/2026 0.04
03/06/2026 0.35
03/09/2026 0.25
03/10/2026 0.05
03/11/2026 0.21
03/12/2026 0.19
03/13/2026 0.14
03/16/2026 0.02
03/17/2026 0.32
03/18/2026 0.31
03/19/2026 0.08
03/20/2026 0.25
03/23/2026 -0.11
03/24/2026 0.29
03/25/2026 -0.06
03/26/2026 0.27
03/27/2026 0.19
03/30/2026 0
03/31/2026 0.07
04/01/2026 0.46
04/02/2026 0.3
04/06/2026 0.06
04/07/2026 0.01
04/08/2026 0.32
04/09/2026 0.14
04/10/2026 0.29
04/13/2026 -0.16
04/14/2026 0.47
04/15/2026 0.55
04/16/2026 0.1
04/17/2026 0.42
04/20/2026 -0.08
04/21/2026 0.08
04/22/2026 0.8
04/23/2026 0.27
04/24/2026 0.83
04/27/2026 0.08
04/28/2026 0.26
04/29/2026 0.64
04/30/2026 0.68
05/01/2026 0.84
05/04/2026 0.13
05/05/2026 0.13
05/06/2026 0.26
05/07/2026 0.56
05/08/2026 0.82
05/11/2026 0.34
05/12/2026 0.06
05/13/2026 0.27
05/14/2026 0.63
05/15/2026 0.34
05/18/2026 0.06
05/19/2026 0.15
05/20/2026 0.56
05/21/2026 0.59
05/22/2026 0.71
05/26/2026 0.52
05/27/2026 0.37
05/28/2026 0.18
05/29/2026 0.66
06/01/2026 0.56
06/02/2026 0.32
06/03/2026 0.18
06/04/2026 0.11
06/05/2026 0.2
06/08/2026 0.13
06/09/2026 0.16
06/10/2026 0.16
06/11/2026 0.3
06/12/2026 0.22
06/15/2026 0.3
06/16/2026 0.15
06/17/2026 0.38

Premium and Discount

As of 6/16/26
Calendar Year 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Days Traded at Premium 24 52 49 -- --
Days Traded at Discount 4 9 4 -- --

The above chart presents information about the difference between the daily market price for shares of the ETF and the ETF's net asset value. The market price displayed is the official closing price reported by the exchange​. The vertical axis of the chart shows the premium or discount expressed in basis points (bps). If the fund's market price exceeds its NAV, it is trading at a premium and is expressed by a positive value. If the fund's market price is below the NAV, the ETF is trading at a discount and is represented by a negative value. This value is recorded daily over the time period displayed along the horizontal axis.

Fees & Expenses

Fees & Expenses

Expense %
Management Fees 0.74%
Distribution and/or Service Fees (12b-1) 0.00%
Other Expenses1 0.00%
Acquired Fund Fees and Expenses 0.12%
Total Annual Fund Operating Expenses 0.86%
Fees Waived and/or Reimbursed2 (0.12)%
Total Annual Fund Operating Expenses After Waiving and/or Reimbursing Expenses 0.74%

Fund Information

Name Fund
Inception Date 11/20/25
Ticker Symbol CAIQ
CUSIP number 12811T530

Expenses and Fees as of the prospectus dated 4/15/26.

1"Other Expenses" is an estimate based on the expenses the Fund expects to incur for the current fiscal year.

2Calamos Advisors LLC has contractually agreed to waive fees owed to it by the Fund in the amount of the acquired fund fees and expenses for any affiliated investment company in which the Fund invests. The expense waiver arrangement may be terminated by Calamos Advisors LLC at any time on or after December 1, 2029.

Literature

About the Fund

Calamos Nasdaq Autocallable Income ETF Fact Sheet

The Calamos Nasdaq Autocallable Income ETF fact sheet provides a snapshot of the investment team and product strategy.

From Complexity to Accessibility: Democratizing Autocallable Yield Notes Through ETF Innovation

Calamos Investments is bringing one of the most in-demand forms of income to the ETF market. Autocallable yield notes (or “autocallables”) have captured significant investor interest for their ability to deliver high stable income that is tied to equity market performance, rather than traditional fixed income factors like credit or duration.

Autocallables: Dialing into the Details

In this Autocallable Guide written by the Nasdaq Index Research Team, learn how: 1. Autocallables, combining features of bonds + equities, may offer enhanced income and customizable outcomes. 2. A diversified and resilient index, such as the Nasdaq-100®, may help support both principal protection and income generation. 3. The emergence of autocallable ETFs have broadened practical applications for autocallables in portfolios.

Prospectus and Reports

Summary Prospectus

This summary contains important information about the investment objective, fees and expenses, principal investment strategies, principal risks and performance.

Statutory Prospectus

You should read the accompanying prospectus and any accompanying prospectus supplement, which contain important information, before deciding whether to invest in our securities.

SAI

The statement of additional information is a supplementary document to the fund’s prospectus and contains additional information about the fund and includes further disclosure regarding its operations.

Calamos Financial Services LLC, Distributor

Check the background of the firm and its investment professionals on FINRA's BrokerCheck.

Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.

©2026 Calamos Investments LLC. All Rights Reserved. Calamos®, Calamos Investments® and Investment strategies for your serious money® are registered trademarks of Calamos Investments LLC.

Calamos Investments LLC, referred to herein as Calamos Investments®, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Financial Services LLC and Calamos Antetokounmpo Asset Management LLC.

The personal data collected by Calamos on this website, or by any other means, is collected and stored in accordance with the General Data Protection Regulation (EU) 2016/679 ("GDPR").

Important Legal Information | Privacy Policy | Business Continuity | Code of Business Conduct and Ethics | ERISA 408(b)(2)

Important Fund Information

Before investing, carefully consider the Fund's investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.

An investment in the Fund is subject to risks, and you could lose money on your investment in the Fund. There can be no assurance that the Fund will achieve its investment objective. Your investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The Fund also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.

The fund's expense ratio as of the prospectus dated 4/15/2026 is 0.86%.

The principal risks of investing in the Calamos Autocallable Income ETF include: autocallable structure risk, contingent income risk, early redemption risk, barrier risk, authorized participant concentration risk, calculation methodology risk, cash holdings risk, correlation risk, costs of buying and selling fund shares, counterparty risk, credit risk, derivatives risk, equity securities risk, index risk, interest rate risk, investment in a subsidiary, laddered portfolio risk, liquidity risk, market maker risk, market risk, new fund risk, non-diversification risk, premium-discount risk, secondary market trading risk, swap agreement risk, tax risk, trading issues risk, valuation risk, and volatility target index risk.

Autocallable Structure Risk: The Fund's returns are correlated to the performance of a synthetic portfolio of autocallable notes tracked by the Laddered Autocall Index. Autocallable notes have specific structural features that may be unfamiliar to many investors.

Contingent Income Risk: Coupon payments from the Autocalls are not guaranteed and will not be made if the Underlying Index falls below the Coupon Barrier on observation dates. This means the Fund may generate significantly less income than anticipated during market downturns.

Early Redemption Risk: Autocalls in the Portfolio may be called before their scheduled maturity if the Underlying Reference Index reaches or exceeds the Autocall Barrier on observation dates. This automatic early redemption could force reinvestment of that portion of the portfolio at lower rates if market yields have declined.

Barrier Risk: If the Underlying Reference Index falls below the Protection Level Barrier at the maturity of an Autocall in the Portfolio, that portion of the Portfolio will be fully exposed to the negative performance of the Underlying Reference Index from its initial level. This conditional protection creates a binary outcome that can result in sudden, significant losses if barriers are breached.

Nasdaq® is a registered trademark of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and is licensed for use by Calamos Advisors LLC. The Fund has not been passed on by the Corporations as to their legality or suitability. The Fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND(S).

Notes

30-day SEC yield reflects the dividends and interest earned by the Fund during the 30-day period ended as of the date stated above after deducting the Fund's expenses for that same period.

Distribution yield is calculated by annualizing the Fund's most recent distribution paid and dividing by the Fund's NAV as of the date of the period presented. Distributions may include interest and/or dividend income that represents the income accrued by the Fund during the period and are not guaranteed. Distribution Yield is based on distributions made in the past and therefore may not be reflective of the Fund's current portfolio.

Market price refers to the price at which shares of the fund trade in the market.

NAV or Net asset value refers to the net value of all the assets held in the fund on a per share basis.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by S&P Global Market Intelligence LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. "CUSIP" is a registered trademark of the American Bankers Association.

Duration is a measurement of a bond's interest rate risk that considers a bond's maturity, yield, coupon and call features. The maturity date refers to the moment in time when the principal of a fixed income instrument must be repaid to an investor.

Conversion premium is the amount by which the market price of a convertible bond or convertible preferred exceeds the conversion value, expressed as a percentage. It is a gauge of equity participation.

Investment premium is the amount that the market price of the convertible is above its investment value, expressed as a percentage. It is a gauge of equity participation.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE