Calamos Nasdaq Autocallable Income ETF (CAIQ) Alternatives
Calamos Nasdaq Autocallable Income ETF (CAIQ) 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 CAIQ. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to CAIQ
CAIQ charges 0.74% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among CAIQ alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | CAIQ vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | CAIQ vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | CAIQ vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | CAIQ vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | CAIQ vs PBP |
Best Risk-Adjusted Alternatives to CAIQ
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | CAIQ vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | CAIQ vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | CAIQ vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | CAIQ vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | CAIQ vs USOY |
Top Performing CAIQ Alternatives (YTD)
CAIQ alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | CAIQ vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | CAIQ vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | CAIQ vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | CAIQ vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | CAIQ vs COSW |
Lowest Volatility Alternatives to CAIQ
CAIQ alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | CAIQ vs IPDP | |
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | CAIQ vs QYLE | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | CAIQ vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | CAIQ vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | CAIQ vs QRMI |
Lowest Drawdown Alternatives to CAIQ
CAIQ alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | CAIQ vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | CAIQ vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | CAIQ vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | CAIQ vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | CAIQ vs TCAL |
Other ETFs from Calamos
Most popular Calamos ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | Defined Outcome, S&P 500 | 75 | 0.81% | May 1, 2024 | CAIQ vs CPSM | |
| Calamos Autocallable Income ETF | Derivative Income | — | -3.69% | Jun 25, 2025 | CAIQ vs CAIE | |
| Calamos Convertible Equity Alternative ETF | Convertible Bonds | 93 | 9.28% | Oct 4, 2023 | CAIQ vs CVRT | |
| Calamos Alternative Nasdaq & Bond ETF | Diversified Portfolio | 40 | -5.71% | Feb 13, 2024 | CAIQ vs CANQ | |
| Calamos Antetokounmpo Global Sustainable Equities ... | Global Equities | 51 | -2.52% | Feb 3, 2023 | CAIQ vs SROI | |
| Calamos Bitcoin Structured Alt Protection ETF - Ja... | Defined Outcome | 8 | -1.26% | Jan 22, 2025 | CAIQ vs CBOJ |
Often Compared With CAIQ
What investors most often compare with CAIQ, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Large Cap Growth Equities | 69 | -5.93% | Mar 10, 1999 | CAIQ vs QQQ | |
| Invesco NASDAQ 100 ETF | Large Cap Growth Equities | 70 | -5.92% | Oct 13, 2020 | CAIQ vs QQQM | |
| Amplify CWP Growth & Income ETF | Derivative Income | 74 | -5.75% | Aug 22, 2024 | CAIQ vs QDVO | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | CAIQ vs SPY | |
| FT Energy Income Partners Enhanced Income ETF | Derivative Income | 72 | 15.17% | Sep 27, 2011 | CAIQ vs EIPI | |
| Invesco QQQ Income Advantage ETF | Derivative Income | 72 | -3.46% | Jul 17, 2024 | CAIQ vs QQA | |
| ZEGA Buy and Hedge ETF | Derivative Income | 56 | -6.67% | Jul 6, 2021 | CAIQ vs ZHDG |
Compare CAIQ with Any Fund or Stock
Compare CAIQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.