Calamos Autocallable Income ETF
$26.89−0.03 (−0.11%)
- 0.74%
- $1.4B
- +16.9%
- 14.25%
- 0.6M sh
- $26.90
- low $24.43high $27.88
The ETF.net CAIE Grade
C
Score 43 out of 100
- 36 of 52
Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D39 out of 100Rank 32 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D37 out of 100Rank 37 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 18 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 35 of 52
Our read on CAIE
CCAIE puts autocallables, a structured payoff tied to an index level, inside an ETF wrapper. It seeks high monthly income with reduced downside risk, referencing the MerQube US Large Cap Vol Advantage Index.
The fund seeks high monthly income with reduced downside risk through exposure to a portfolio of autocallables.
Why people hold it
- Holds a portfolio of autocallables aiming for high monthly income with reduced downside risk, and it pays on a monthly cadence.calamos.com
- The 0.74% fee sits essentially at the option-income median, so the exotic plumbing does not come with an exotic price tag.
- A multi-billion-dollar fund with moderate trading volume that ranks in the upper half of its option-income peer group.
Worth knowing
- Launched in 2025, so there is only a short stretch of market history behind it and limited risk data to judge the structure on.
- Reduced downside risk here is conditional, set by the autocallable terms and where the reference index trades, not a hard floor.calamos.com
- Cheaper builds live in the same cohort, including LQDW at 0.34% and YLDE at 0.47%.
CAIE Holdings
- Other
- 4
- 100%
- TRS RECEIVE MQAUTOCL: MerQube US Large-Cap Vol Adv Autocallable PAY US SOFR Rate +10bps - JP Morgan
Sectors
- Financials100.0%
Geography
- United States100.00%
CAIE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
CAIE$11,687
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CAIE |
|---|---|
| Year to date | +12.0% |
| 1 month | +2.2% |
| 3 months | +2.8% |
| 1 year | +16.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CAIE |
|---|---|---|
| 2026 YTD | +12.0% | |
| 2025 | +15.2% |
CAIE in the news
CAIE Dividends
- 14.25%
- $3.83
- $0.31 per share
- Monthly
Distribution history
CAIE Risk
- 10.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −7.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.89
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CAIE Cost
0.74%
CAIE0.74%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
30 of the 51 S&P 500 Option Income funds charge less.
Other funds in S&P 500 Option Income
- CSPUTInnovator Equity Premium Income – Daily PutWrite ETFExpense ratio 0.79%1 year return +14.2%
- CXDTERoundhill Investments - S&P 500 0DTE Covered Call Strategy ETFExpense ratio 0.97%1 year return +19.9%
- CXISEFT Vest U.S. Equity Buffer & Premium Income ETF - SeptemberExpense ratio 0.85%1 year return +7.5%
- CKSPYKraneShares Hedgeye Hedged Equity Index ETFExpense ratio 0.88%1 year return +14.8%
- COCTJInnovator Premium Income 30 Barrier ETFExpense ratio 0.79%1 year return +6.3%