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 300 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% | 28.81M | Nov 2024 | CAGE vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.90M | Sep 2024 | CAGE vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 323.20M | Mar 2024 | CAGE vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | CAGE vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 777.55M | Jul 2024 | CAGE vs QQA |
Best Risk-Adjusted Alternatives to CAGE
Among 170 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 480.67M | Oct 2022 | CAGE vs BUCK | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | CAGE vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 243.98M | Jul 2023 | CAGE vs GOOY | |
| Invesco S&P 500 BuyWrite ETF | 92 | 353.37M | Dec 2007 | CAGE vs PBP | |
| YieldMax Semiconductor Portfolio Option Income ETF | 91 | 1.08B | Apr 2025 | CAGE vs CHPY |
Top Performing CAGE Alternatives (YTD)
Among 246 ETFs in the Derivative Income category with YTD return data, the top-performing alternatives shown here go as high as 172.92%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 172.92% | 22.66M | Oct 2025 | CAGE vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 164.34% | 107.11M | Jul 2025 | CAGE vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 98.50% | 427.46M | Sep 2023 | CAGE vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 72.56% | 114.32M | Oct 2023 | CAGE vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 60.59% | 1.08B | Apr 2025 | CAGE vs CHPY |
Lowest Volatility Alternatives to CAGE
CAGE has 20.92% 1-year volatility. There are 155 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.74% | 480.67M | Oct 2022 | CAGE vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.36% | 227.91M | Apr 2026 | CAGE vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.84% | 88.52M | Feb 2025 | CAGE vs HYTI | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 4.85% | 729.94K | May 2026 | CAGE vs FIYY | |
| Main Buywrite ETF | 4.85% | 1.27B | Dec 2015 | CAGE vs BUYW |
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 -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 480.67M | Oct 2022 | CAGE vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.52M | Feb 2025 | CAGE vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.27B | 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% | 937.44M | 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 $1B.
Often Compared With CAGE
Investors most often compare CAGE with FINY, XEQT.TO, HOII. These 13 comparison targets span 7 categories, based on PortfoliosLab usage data.
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