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 0.74% annually. There are 81 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% | 27.32M | Nov 2024 | CAIE vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | CAIE vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | CAIE vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | CAIE vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 347.16M | Dec 2007 | CAIE vs PBP |
Best Risk-Adjusted Alternatives to CAIE
CAIE has a PortfoliosLab risk / return rank of 71. There are 30 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 96 | 1.16B | Apr 2025 | CAIE vs CHPY | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | CAIE vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | CAIE vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 91 | 409.32M | Sep 2023 | CAIE vs AMDY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.44B | Dec 2013 | CAIE vs QYLD |
Top Performing CAIE Alternatives (YTD)
CAIE is at 7.04% YTD. There are 88 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | CAIE vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | CAIE vs CWII | |
| Roundhill ARM WeeklyPay ETF | 274.37% | 17.52M | Oct 2025 | CAIE vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 184.89% | 83.00M | Jul 2025 | CAIE vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 105.82% | 409.32M | Sep 2023 | CAIE vs AMDY |
Lowest Volatility Alternatives to CAIE
CAIE has 12.00% 1-year volatility. There are 68 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.97% | 465.86M | Oct 2022 | CAIE vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.87% | 90.05M | Feb 2025 | CAIE vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | CAIE vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.09% | 292.66M | Feb 2025 | CAIE vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.50% | 50.16M | Aug 2021 | CAIE vs XRMI |
Lowest Drawdown Alternatives to CAIE
CAIE has a 1-year max drawdown of -7.73%. There are 46 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | CAIE vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | CAIE vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | CAIE vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | CAIE vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | CAIE vs OMAH |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CPSM, CVRT, CAIQ and span 7 categories. AUM among these funds goes as high as $229M.
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