Calamos Alternative Nasdaq & Bond ETF (CANQ) 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 CANQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CANQ
CANQ charges 0.90% annually. There are 37 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | 0.15% | 100.59B | Oct 2020 | CANQ vs QQQM | |
| Invesco QQQ ETF | 0.18% | 481.14B | Mar 1999 | CANQ vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 206.73M | Oct 2021 | CANQ vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 28.66M | Oct 2024 | CANQ vs QNXT | |
| Invesco QQQ Equal Weight ETF | 0.25% | 20.92M | Mar 2026 | CANQ vs QEW |
Best Risk-Adjusted Alternatives to CANQ
CANQ has a PortfoliosLab risk / return rank of 31. There are 40 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | 97 | 210.48M | Mar 2020 | CANQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 25.92M | Dec 2024 | CANQ vs PQAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 96 | 568.10M | Mar 2021 | CANQ vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 94 | 2.84M | Jun 2025 | CANQ vs QB | |
| First Trust Nasdaq BuyWrite Income ETF | 92 | 938.31M | Jan 2014 | CANQ vs FTQI |
Top Performing CANQ Alternatives (YTD)
CANQ is at 4.64% YTD. There are 39 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 49.46%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 49.46% | 81.18M | May 2021 | CANQ vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 35.63% | 4.80B | Apr 2006 | CANQ vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 28.80% | 20.29M | Aug 2024 | CANQ vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 18.78% | 16.35M | Dec 2025 | CANQ vs BALQ | |
| Invesco ESG NASDAQ 100 ETF | 17.10% | 206.73M | Oct 2021 | CANQ vs QQMG |
Lowest Volatility Alternatives to CANQ
CANQ has 11.43% 1-year volatility. There are 21 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.79% | — | Apr 2024 | CANQ vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.46% | 210.48M | Mar 2020 | CANQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 5.12% | 25.92M | Dec 2024 | CANQ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.51% | 165.79M | Jun 2024 | CANQ vs QBUF | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.55% | — | Jul 2024 | CANQ vs QCJL |
Lowest Drawdown Alternatives to CANQ
CANQ has a 1-year max drawdown of -10.77%. There are 30 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going 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 | CANQ vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.10% | — | Apr 2024 | CANQ vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.15% | 25.92M | Dec 2024 | CANQ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 165.79M | Jun 2024 | CANQ vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 568.10M | Mar 2021 | CANQ vs QMAR |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CAIE, CPSM, CVRT and span 6 categories. AUM among these funds goes as high as $269M.
Often Compared With CANQ
Investors most often compare CANQ with JEPQ, QQQI, BDGS. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CANQ with Any Fund or Stock
Compare CANQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CANQ with funds that move differently
Calamos Alternative Nasdaq & Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CANQ.
Explore CANQ Diversifiers