Calamos Nasdaq-100 Structured Alt Protection ETF - June (CPNJ) 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 CPNJ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CPNJ
CPNJ charges 0.69% annually. There are 30 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% | 101.29B | Oct 2020 | CPNJ vs QQQM | |
| Invesco QQQ ETF | 0.18% | 493.17B | Mar 1999 | CPNJ vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 217.98M | Oct 2021 | CPNJ vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 20.89M | Oct 2024 | CPNJ vs QNXT | |
| Invesco QQQ Equal Weight ETF | 0.25% | 24.12M | Mar 2026 | CPNJ vs QEW |
Best Risk-Adjusted Alternatives to CPNJ
CPNJ has a PortfoliosLab risk / return rank of 91. There are 3 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 7.34M | Dec 2024 | CPNJ vs PQAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 97 | 213.26M | Mar 2020 | CPNJ vs NAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 95 | 563.55M | Mar 2021 | CPNJ vs QMAR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 91 | — | Apr 2024 | CPNJ vs QCAP | |
| PGIM Laddered Nasdaq-100 Buffer 12 ETF | 88 | 15.14M | Dec 2024 | CPNJ vs PBQQ |
Top Performing CPNJ Alternatives (YTD)
CPNJ is at 1.95% YTD. There are 45 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 64.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 64.24% | 78.15M | May 2021 | CPNJ vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 38.99% | 4.61B | Apr 2006 | CPNJ vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 31.01% | 16.30M | Aug 2024 | CPNJ vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 18.59% | 16.20M | Dec 2025 | CPNJ vs BALQ | |
| Invesco ESG NASDAQ 100 ETF | 17.04% | 217.98M | Oct 2021 | CPNJ vs QQMG |
Lowest Volatility Alternatives to CPNJ
CPNJ has 2.27% 1-year volatility. No ETFs in the Nasdaq-100 category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 3.63%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.63% | — | Apr 2024 | CPNJ vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.34% | 213.26M | Mar 2020 | CPNJ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 4.99% | 7.34M | Dec 2024 | CPNJ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.25% | 158.27M | Jun 2024 | CPNJ vs QBUF | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.67% | — | Jul 2024 | CPNJ vs QCJL |
Lowest Drawdown Alternatives to CPNJ
CPNJ has a 1-year max drawdown of -1.07%. No ETFs in the Nasdaq-100 category have shallower 1-year drawdowns; 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% | 213.26M | Mar 2020 | CPNJ vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.10% | — | Apr 2024 | CPNJ vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.15% | 7.34M | Dec 2024 | CPNJ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 158.27M | Jun 2024 | CPNJ vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 563.55M | Mar 2021 | CPNJ 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 $999M.
Often Compared With CPNJ
Investors most often compare CPNJ with USO, QRMI, USOY. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CPNJ with Any Fund or Stock
Compare CPNJ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CPNJ with funds that move differently
Calamos Nasdaq-100 Structured Alt Protection ETF - June alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CPNJ.
Explore CPNJ Diversifiers