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 42 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Nasdaq 100 ETF | 0.10% | 302.44M | Jul 2026 | CANQ vs IQQ | |
| SPDR Portfolio Nasdaq 100 ETF | 0.10% | 150.50M | Jun 2026 | CANQ vs QNDX | |
| Invesco NASDAQ 100 ETF | 0.15% | 97.11B | Oct 2020 | CANQ vs QQQM | |
| Invesco QQQ ETF | 0.18% | 452.80B | Mar 1999 | CANQ vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 194.23M | Oct 2021 | CANQ vs QQMG |
Best Risk-Adjusted Alternatives to CANQ
CANQ has a PortfoliosLab risk / return rank of 32. There are 44 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 | 207.95M | Mar 2020 | CANQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 26.30M | Dec 2024 | CANQ vs PQAP | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 96 | 2.87M | Jun 2025 | CANQ vs QB | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 96 | 566.25M | Mar 2021 | CANQ vs QMAR | |
| First Trust Nasdaq BuyWrite Income ETF | 90 | 907.91M | Jan 2014 | CANQ vs FTQI |
Top Performing CANQ Alternatives (YTD)
CANQ is at 4.05% YTD. There are 42 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 44.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 44.44% | 69.09M | May 2021 | CANQ vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 31.94% | 4.57B | Apr 2006 | CANQ vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 24.40% | 20.86M | Aug 2024 | CANQ vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 18.43% | 16.09M | Dec 2025 | CANQ vs BALQ | |
| Direxion NASDAQ-100 Equal Weighted Index Shares | 16.27% | 1.33B | Mar 2012 | CANQ vs QQQE |
Lowest Volatility Alternatives to CANQ
CANQ has 11.67% 1-year volatility. There are 23 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 4.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 4.22% | — | Apr 2024 | CANQ vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.73% | 207.95M | Mar 2020 | CANQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 5.44% | 26.30M | Dec 2024 | CANQ vs PQAP | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.93% | — | Jul 2024 | CANQ vs QCJL | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 6.14% | 162.74M | Jun 2024 | CANQ vs QBUF |
Lowest Drawdown Alternatives to CANQ
CANQ has a 1-year max drawdown of -10.77%. There are 31 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -2.06%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -2.06% | 207.95M | Mar 2020 | CANQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.52% | 26.30M | Dec 2024 | CANQ vs PQAP | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.58% | — | Apr 2024 | CANQ vs QCAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 566.25M | Mar 2021 | CANQ vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | -3.47% | 2.87M | Jun 2025 | CANQ vs QB |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CAIE, CPSM, CVRT and span 8 categories. AUM among these funds goes as high as $1B.
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