Calamos Autocallable Income ETF (CAIE) 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 CAIE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAIE
CAIE charges 0.86% annually. There are 128 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.05M | Nov 2024 | CAIE vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | CAIE vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | CAIE vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | CAIE vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 781.48M | Jul 2024 | CAIE vs QQA |
Best Risk-Adjusted Alternatives to CAIE
CAIE has a PortfoliosLab risk / return rank of 70. There are 51 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | CAIE vs THTA | |
| Global X S&P 500 Covered Call ETF | 92 | 3.24B | Jun 2013 | CAIE vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | CAIE vs PBP | |
| Simplify Treasury Option Income ETF | 91 | 489.70M | Oct 2022 | CAIE vs BUCK | |
| Global X Russell 2000 Covered Call ETF | 90 | 1.37B | Apr 2019 | CAIE vs RYLD |
Top Performing CAIE Alternatives (YTD)
CAIE is at 10.88% YTD. There are 95 ETFs in the Derivative Income category with higher YTD returns, going as high as 184.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 184.82% | 22.04M | Oct 2025 | CAIE vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 175.61% | 114.09M | Jul 2025 | CAIE vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 105.10% | 382.78M | Sep 2023 | CAIE vs AMDY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 70.13% | 64.01M | Dec 2024 | CAIE vs SOXY | |
| YieldMax MRNA Option Income Strategy ETF | 67.49% | 106.87M | Oct 2023 | CAIE vs MRNY |
Lowest Volatility Alternatives to CAIE
CAIE has 11.94% 1-year volatility. There are 78 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | CAIE vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | CAIE vs HYGW | |
| Janus Henderson Equity Linked Moderate Income ETF | 3.69% | — | Apr 2026 | CAIE vs JELM | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.79% | 289.20M | Apr 2026 | CAIE vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.28M | Feb 2025 | CAIE vs HYTI |
Lowest Drawdown Alternatives to CAIE
CAIE has a 1-year max drawdown of -7.73%. There are 54 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | CAIE vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | CAIE vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | CAIE vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | CAIE vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | CAIE vs THTA |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CPSM, CVRT, CAIQ and span 9 categories. AUM among these funds goes as high as $286M.
Often Compared With CAIE
Investors most often compare CAIE with CMP, SPY, SBAR. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare CAIE with Any Fund or Stock
Compare CAIE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAIE with funds that move differently
Calamos Autocallable Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAIE.
Explore CAIE Diversifiers