Calamos Nasdaq-100 Structured Alt Protection ETF – March (CPNM), managed by Calamos, is a equity ETF. 0.69% expense ratio, $13M AUM, 5 holdings, inception 2025.
Calamos Nasdaq-100 Structured Alt Protection ETF – March (CPNM) ETF — Price, Holdings & Analysis
Calamos Nasdaq-100 Structured Alt Protection ETF – March (CPNM), managed by Calamos, is a equity ETF. 0.69% expense ratio, $13M AUM, 5 holdings, inception 2025.
ETF Overview
Calamos Structured Protection ETFs are designed to match the positive price return of the Nasdaq-100 up to a defined cap while protecting against 100% of losses over a one-year period (before fees and expenses).
Calamos Structured Protection ETFs are designed to match the positive price return of the Nasdaq-100 up to a defined cap while protecting against 100% of losses over a one-year period (before fees and expenses). Calamos Nasdaq-100 Structured Alt Protection ETF – March provides exposure to the equity market. The portfolio is concentrated with 5 holdings.
Risk Metrics
Calamos Nasdaq-100 Structured Alt Protection ETF – March holds only 5 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. Heavy allocation to Cash & Others (100.0%) means sector-specific downturns could disproportionately affect performance. A beta of 0.00 indicates lower volatility relative to the broader market. The 0.69% expense ratio is above average and will reduce net returns over time. With $13M in assets, the fund may face liquidity constraints and wider bid-ask spreads.
<a href="/etf/sroi">Calamos Antetokounmpo Global Sustainable Equities ETF (SROI)</a> (Equity) — 0.95% expense ratio
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Risk Metrics
Beta: 0.00
Questions & Answers
What is Calamos Nasdaq-100 Structured Alt Protection ETF – March (CPNM)?
Calamos Structured Protection ETFs are designed to match the positive price return of the Nasdaq-100 up to a defined cap while protecting against 100% of losses over a one-year period (before fees and expenses). It holds 5 securities. With $13M in assets under management, it is a funds in its category.
What is the expense ratio for CPNM?
Calamos Nasdaq-100 Structured Alt Protection ETF – March has an expense ratio of 0.69%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $69. Lower expense ratios generally lead to better long-term returns, all else being equal.
How long has CPNM been around?
Calamos Nasdaq-100 Structured Alt Protection ETF – March was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by Calamos.
What is the current NAV of CPNM?
Calamos Nasdaq-100 Structured Alt Protection ETF – March has a net asset value (NAV) of approximately $26.23 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.
Is CPNM a good investment?
Calamos Nasdaq-100 Structured Alt Protection ETF – March is a equity ETF with $13M in assets and 5 holdings. Equity ETFs are subject to market risk and can experience significant short-term volatility, though they have historically provided strong long-term returns for patient investors. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.