Skip to content
etf.net

CPSL vs HMAY

Calamos Laddered S&P 500 Structured Alt Protection ETF

CPSLACboe

Corgi U.S. Equities 100% Structured Buffer ETF - May Series

HMAYCCboe

Overlap

Expense ratio

CPSL −0.20pt a year

CPSL0.10%HMAY0.30%

Avg volume · 30D

CPSL 16.7×the volume

CPSL37.4KHMAY2.24K

CPSL vs HMAY Performance

Jul 31, 2026 – Oct 30, 2026

+1.2%CPSL+0.6%HMAY

Jul 31, 2026 to Oct 30, 2026. CPSL +1.2%. HMAY +0.6%. Use the arrow keys to read each point.0%0.25%0.75%1%1.5%Jul 2026Sep 2026Oct 2026
Expense ratio
CPSL 0.10%, better
HMAY 0.30%
Fund size
CPSL $163M
HMAY $2M
1Y total return
CPSL +5.3%
HMAY No data
Holdings
CPSL 13
HMAY 4
Avg volume (30D)
CPSL 37.4K sh, better
HMAY 2.24K sh
NAV per share
CPSL $28.38
HMAY $25.49
52W range

ETF.net Grade

CPSL: Cost 99, Risk 52, Mission not scored, Tradability 75, Holdings 93, Durability 69. HMAY: Cost 91, Risk 49, Mission not scored, Tradability 26, Holdings not scored, Durability 5.
Pillar letters and Scores for CPSL, HMAY, with each pillar’s weight
PillarCPSLHMAY
Cost30% weightA99HigherA91
Mission25% weightNot scoredNot scored
Risk15% weightC52HigherC49
Tradability15% weightA75HigherD26
Holdings10% weightA93Not scored
Durability5% weightB69HigherF5

Rank among S&P 500 Full Protection funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CPSL and HMAY are both graded against the same 27 S&P 500 Full Protection funds, so their Grades compare head to head.

S&P 500 Full Protection⁠

Category · 27 funds
See all 27 ›

CPSL ranks 1st and HMAY 22nd of 27 funds in the S&P 500 Full Protection Category.

  1. Rank 1ACPSLCalamos Laddered S&P 500 Structured Alt Protection ETFScore 80
  2. Rank 2AMMAXiShares Large Cap Max Buffer Mar ETFScore 76
  3. Rank 22CHJLYCorgi U.S. Equities 100% Structured Buffer ETF - July SeriesScore 40
  4. Rank 22CHMAYCorgi U.S. Equities 100% Structured Buffer ETF - May SeriesScore 40
  5. Rank 22CMAYCCorgi U.S. Equities 10% Structured Buffer ETF - May SeriesScore 40

CPSL vs HMAY Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CPSL vs HMAY Cost

Overpaying HMAY vs CPSL

$4,043

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CPSL 0.10%

    $2,106

  • HMAY 0.30%

    $6,149

$10,000
30 years

Cost over time

  • CPSL 0.10%
  • HMAY 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530HMAY $6,149CPSL $2,106

Year by year

YearCPSLHMAYOverpaying
10$183$545$362
20$717$2,113$1,396
30$2,106$6,149$4,043

Expense ratio

  • 0.10%CPSL, cheaper
  • 0.30%HMAY
  • Middle half of S&P 500 Full Protection funds
  • Median 0.69%

CPSL cheapest of 27 funds

HMAY 2nd cheapest of 27 funds

CPSL vs HMAY Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CPSL None
HMAY None

Distribution history

CPSLAll CPSL payments⁠

No distribution history available.

HMAYAll HMAY payments⁠

No distribution history available.

CPSL vs HMAY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CPSL 2.3%since Oct 2024HMAY No data
Return per unit of riskSharpe ratio, 3 years
CPSL 0.65since Oct 2024HMAY No data
Worst fallMax drawdown, 5 years
CPSL −3.7%since Sep 2024HMAY No data
Market sensitivityBeta, 5 years
CPSL 0.17HMAY 0.18

CPSL and HMAY in the news

All news⁠

Popular comparisons

  • CPSLAvsMMAXA

    Calamos Laddered S&P 500 Structured Alt Protection ETF · iShares Large Cap Max Buffer Mar ETF

    Expense ratio
    0.10% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HMAYCvsMMAXA

    Corgi U.S. Equities 100% Structured Buffer ETF - May Series · iShares Large Cap Max Buffer Mar ETF

    Expense ratio
    0.30% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CPSLAvsMAXJA

    Calamos Laddered S&P 500 Structured Alt Protection ETF · iShares Large Cap Max Buffer Jun ETF

    Expense ratio
    0.10% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HMAYCvsMAXJA

    Corgi U.S. Equities 100% Structured Buffer ETF - May Series · iShares Large Cap Max Buffer Jun ETF

    Expense ratio
    0.30% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CPSLAvsCPSNB

    Calamos Laddered S&P 500 Structured Alt Protection ETF · Calamos S&P 500 Structured Alt Protection ETF – November

    Expense ratio
    0.10% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HMAYCvsCPSNB

    Corgi U.S. Equities 100% Structured Buffer ETF - May Series · Calamos S&P 500 Structured Alt Protection ETF – November

    Expense ratio
    0.30% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.