Calamos Nasdaq Equity & Income ETF
$29.70+0.07 (+0.25%)
- 0.74%
- $21M
- +5.2%
- 4.65%
- 0M sh
- $29.81
- low $27.36high $31.62
The ETF.net CANQ Grade
C
Score 40 out of 100
- 20 of 31
Score 40 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.C45 out of 100Rank 17 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.C50 out of 100Rank 17 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 12 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F7 out of 100Rank 30 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D28 out of 100Rank 23 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 25 of 31
Our read on CANQ
CMost Nasdaq-100 income ETFs sell calls on stocks they already own. CANQ flips the build: FLEX options carry the index exposure, and an actively managed bond sleeve is there for ballast and monthly income.
Seeks Nasdaq-100 upside through FLEX options while using an actively managed fixed-income portfolio to mitigate downside risk and provide monthly income.
Why people hold it
- FLEX options carry the Nasdaq-100 exposure while an actively managed bond portfolio aims to mitigate downside and fund the payout. Not the usual covered-call recipe.calamos.com
- Pays monthly, and the fund's 19a notices spell out when a distribution includes return of capital, so the source of the check is visible.calamos.com
- A compact book of roughly 30 positions, so the moving parts (bonds plus index options) are easy to inspect line by line.
Worth knowing
- The 0.74% fee sits above the largest Nasdaq-100 income peers such as JEPQ, GPIQ and QQA. You're paying for active bond management on top of the options work.
- Small and thinly traded compared with the category giants. Spreads deserve a look, and limit orders do real work here.
- Launched in 2024, so the history is short, and the options-plus-bonds mix can behave unlike both the Nasdaq-100 and a plain covered-call fund.
CANQ Holdings
- Other
- 24
- 92%
- MTBA
Sectors
- Financials100.0%
Geography
- United States100.00%
CANQ 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.
CANQ$10,523
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 | CANQ |
|---|---|
| Year to date | +3.2% |
| 1 month | +0.4% |
| 3 months | −2.2% |
| 1 year | +5.2% |
| 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 | CANQ |
|---|---|---|
| 2026 YTD | +3.2% | |
| 2025 | +11.7% | |
| 2024 | +19.5% |
CANQ in the news
CANQ Dividends
- 4.65%
- $1.38
- $0.12 per share
- Monthly
Distribution history
CANQ Risk
- 11.0%
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.
- 0.68
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.
- −12.8%
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.
- 0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CANQ Cost
0.74%
CANQ0.74%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
15 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- CQQQYDefiance Nasdaq 100 Weekly Distribution ETFExpense ratio 1.01%1 year return +24.9%
- CXQQINEOS Boosted Nasdaq-100 High Income ETFExpense ratio 0.98%1 year return —
- CQDTERoundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETFExpense ratio 0.96%1 year return +27.2%
- DQQQTNASDAQ 100 Income Target ETFExpense ratio 1.20%1 year return +23.6%
- DQDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETFExpense ratio 1.17%1 year return +24.9%