Calamos Autocallable Growth ETF (CAGE) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CAGE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAGE
Among 292 ETFs in the Derivative Income category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 28.26M | Nov 2024 | CAGE vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 307.07M | Mar 2024 | CAGE vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.12M | Sep 2024 | CAGE vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | CAGE vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 341.06M | Dec 2007 | CAGE vs PBP |
Best Risk-Adjusted Alternatives to CAGE
Among 169 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.11B | Apr 2025 | CAGE vs CHPY | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | CAGE vs THTA | |
| YieldMax AMD Option Income Strategy ETF | 94 | 413.17M | Sep 2023 | CAGE vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 240.18M | Jul 2023 | CAGE vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 91 | 8.15B | Dec 2013 | CAGE vs QYLD |
Top Performing CAGE Alternatives (YTD)
Among 251 ETFs in the Derivative Income category with YTD return data, the top-performing alternatives shown here go as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | CAGE vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | CAGE vs CWII | |
| Roundhill ARM WeeklyPay ETF | 281.75% | 22.82M | Oct 2025 | CAGE vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 213.89% | 109.34M | Jul 2025 | CAGE vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 123.87% | 413.17M | Sep 2023 | CAGE vs AMDY |
Lowest Volatility Alternatives to CAGE
CAGE has 20.47% 1-year volatility. There are 144 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.93% | 470.81M | Oct 2022 | CAGE vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.89% | 90.87M | Feb 2025 | CAGE vs HYTI | |
| GraniteShares YieldBOOST Financials ETF | 4.53% | — | May 2026 | CAGE vs FINY | |
| Main Buywrite ETF | 4.86% | 1.23B | Dec 2015 | CAGE vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.15% | 293.75M | Feb 2025 | CAGE vs LQTI |
Lowest Drawdown Alternatives to CAGE
Among 170 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 470.81M | Oct 2022 | CAGE vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.87M | Feb 2025 | CAGE vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | CAGE vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | CAGE vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | CAGE vs OMAH |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CAIE, CPSM, CVRT and span 7 categories. AUM among these funds goes as high as $243M.
Compare CAGE with Any Fund or Stock
Compare CAGE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAGE with funds that move differently
Calamos Autocallable Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAGE.
Explore CAGE Diversifiers