Calamos Nasdaq Autocallable Income ETF (CAIQ) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CAIQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAIQ
CAIQ charges 0.74% annually. There are 32 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio Nasdaq 100 ETF | 0.10% | — | Jun 2026 | CAIQ vs QNDX | |
| Invesco NASDAQ 100 ETF | 0.15% | 100.59B | Oct 2020 | CAIQ vs QQQM | |
| Invesco QQQ ETF | 0.18% | 481.14B | Mar 1999 | CAIQ vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 206.73M | Oct 2021 | CAIQ vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 28.66M | Oct 2024 | CAIQ vs QNXT |
Best Risk-Adjusted Alternatives to CAIQ
Among 46 ETFs in the Nasdaq-100 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 | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | 97 | 210.48M | Mar 2020 | CAIQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 25.92M | Dec 2024 | CAIQ vs PQAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 95 | 568.10M | Mar 2021 | CAIQ vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 94 | 2.84M | Jun 2025 | CAIQ vs QB | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | CAIQ vs FTQI |
Top Performing CAIQ Alternatives (YTD)
CAIQ is at 10.57% YTD. There are 22 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 43.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 43.02% | 81.18M | May 2021 | CAIQ vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 32.07% | 4.80B | Apr 2006 | CAIQ vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 25.34% | 20.29M | Aug 2024 | CAIQ vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 17.54% | 16.35M | Dec 2025 | CAIQ vs BALQ | |
| Direxion NASDAQ-100 Equal Weighted Index Shares | 16.12% | 1.40B | Mar 2012 | CAIQ vs QQQE |
Lowest Volatility Alternatives to CAIQ
CAIQ has 13.43% 1-year volatility. There are 23 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.84% | — | Apr 2024 | CAIQ vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.48% | 210.48M | Mar 2020 | CAIQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 5.15% | 25.92M | Dec 2024 | CAIQ vs PQAP | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.54% | — | Jul 2024 | CAIQ vs QCJL | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.58% | 165.79M | Jun 2024 | CAIQ vs QBUF |
Lowest Drawdown Alternatives to CAIQ
Among 46 ETFs in the Nasdaq-100 category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -1.79% | 210.48M | Mar 2020 | CAIQ vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.10% | — | Apr 2024 | CAIQ vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.15% | 25.92M | Dec 2024 | CAIQ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 165.79M | Jun 2024 | CAIQ vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 568.10M | Mar 2021 | CAIQ vs QMAR |
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 $57M.
Often Compared With CAIQ
Investors most often compare CAIQ with CBOJ, SPY, CPSU. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare CAIQ with Any Fund or Stock
Compare CAIQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAIQ with funds that move differently
Calamos Nasdaq Autocallable Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAIQ.
Explore CAIQ Diversifiers