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CPSL vs MAXJ

Calamos Laddered S&P 500 Structured Alt Protection ETF

CPSLACboe

iShares Large Cap Max Buffer Jun ETF

MAXJACboe

Overlap

0.0%by weight

Expense ratio

CPSL −0.43pt a year

CPSL0.10%MAXJ0.53%

Avg volume · 30D

MAXJ 1.00×the volume

CPSL37.4KMAXJ37.6K

CPSL vs MAXJ Performance

Oct 31, 2025 – Oct 30, 2026

+5.3%CPSL+5.8%MAXJ

Oct 31, 2025 to Oct 30, 2026. CPSL +5.3%. MAXJ +5.8%. Use the arrow keys to read each point.0%1%2%3%4%Oct 2025Apr 2026Oct 2026
Expense ratio
CPSL 0.10%, better
MAXJ 0.53%
Fund size
CPSL $163M
MAXJ $163M
1Y total return
CPSL +5.3%
MAXJ +5.8%, better
Yield (12M)
CPSL No data
MAXJ 0.96%
Holdings
CPSL 13
MAXJ 5
Avg volume (30D)
CPSL 37.4K sh
MAXJ 37.6K sh, better
NAV per share
CPSL $28.38
MAXJ $29.54
52W range

ETF.net Grade

CPSL: Cost 99, Risk 52, Mission not scored, Tradability 75, Holdings 93, Durability 69. MAXJ: Cost 83, Risk 51, Mission not scored, Tradability 82, Holdings 58, Durability 88.
Pillar letters and Scores for CPSL, MAXJ, with each pillar’s weight
PillarCPSLMAXJ
Cost30% weightA99HigherA83
Mission25% weightNot scoredNot scored
Risk15% weightC52HigherC51
Tradability15% weightA75A82Higher
Holdings10% weightA93HigherB58
Durability5% weightB69A88Higher

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 MAXJ 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 MAXJ 3rd 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 3AMAXJiShares Large Cap Max Buffer Jun ETFScore 75
  4. Rank 4BCPSNCalamos S&P 500 Structured Alt Protection ETF – NovemberScore 59

CPSL vs MAXJ Holdings

How CPSL and MAXJ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CPSL and 0.0% of MAXJ.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile99.5%

Sector

No Sector split for CPSL.

Country, concentration and asset class

Country by domicile

Country weights in CPSL and MAXJ, widest gap first
CountryMore in CPSLMore in MAXJ
United StatesCPSL +0.4 points
SwitzerlandMAXJ +0.3 points
ChinaMAXJ +0.1 points
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • CPSL83.3%
  • MAXJ103.0%

Securities held

  • CPSL12
  • MAXJ2

Asset class

CPSL
Equity
MAXJ
Equity

Holdings

  • Only in CPSL12
  • In both0
  • Only in MAXJ2

Only in CPSL

12 securities, 99.9% of CPSL by weight

  • Calamos S&P 500 Structured Alt Protection ETF - October8.38%
  • Calamos S&P 500 Structured Alt Protection ETF - November8.36%
  • Calamos S&P 500 Structured Alt Protection ETF - December8.36%

Only in MAXJ

2 securities, 100% of MAXJ by weight

  • Ishares Core S&P Etf Trust98.19%
  • JUL27 Ivv Us P @ 748.894.05%

Weight gaps

CPSL and MAXJ share no securities.

All CPSL holdings⁠All 6 MAXJ 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 MAXJ Cost

Overpaying MAXJ vs CPSL

$8,430

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

  • CPSL 0.10%

    $2,106

  • MAXJ 0.53%

    $10,536

$10,000
30 years

Cost over time

  • CPSL 0.10%
  • MAXJ 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530MAXJ $10,536CPSL $2,106

Year by year

YearCPSLMAXJOverpaying
10$183$953$770
20$717$3,658$2,941
30$2,106$10,536$8,430

Expense ratio

  • 0.10%CPSL, cheaper
  • 0.53%MAXJ
  • Middle half of S&P 500 Full Protection funds
  • Median 0.69%

CPSL cheapest of 27 funds

MAXJ 6th cheapest of 27 funds

CPSL vs MAXJ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CPSL No data
MAXJ 0.96%
Payout (12M)
CPSL None
MAXJ $0.28
Last payment
CPSL No data
MAXJ $0.28
Ex-dividend
CPSL No data
MAXJ Dec 23, 2025
Paid on
CPSL No data
MAXJ Dec 29, 2025
Frequency
CPSL No data
MAXJ Annual

Distribution history

Per share, 2024 to 2026, same scale for both

CPSLAll CPSL payments⁠

No distribution history available.

MAXJAnnual · 2 paymentsAll MAXJ payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.21; Dec 23, 2025 $0.28. Use the arrow keys to read each point.$0$0.252026YTD

CPSL vs MAXJ 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 2024MAXJ 4.1%since Aug 2024
Return per unit of riskSharpe ratio, 3 years
CPSL 0.65since Oct 2024MAXJ 0.88since Aug 2024
Worst fallMax drawdown, 5 years
CPSL −3.7%since Sep 2024MAXJ −6.3%since Jul 2024
Market sensitivityBeta, 5 years
CPSL 0.17MAXJ 0.30

CPSL and MAXJ in the news

All news⁠

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