Calamos Nasdaq-100 Structured Alt Protection ETF - September (CPNS) Alternatives
Calamos Nasdaq-100 Structured Alt Protection ETF - September (CPNS) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CPNS. 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 CPNS
CPNS charges 0.69% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among CPNS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | CPNS vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | CPNS vs SMAX | |
| iShares Large Cap Max Buffer December ETF | 0.50% | Dec 31, 2024 | CPNS vs DMAX | |
| PGIM Laddered S&P 500 Buffer 12 ETF | 0.50% | Jun 11, 2024 | CPNS vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | CPNS vs PBFR |
Best Risk-Adjusted Alternatives to CPNS
Among ETFs in the Defined Outcome 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 | |
|---|---|---|---|---|
| iShares Large Cap Max Buffer Mar ETF | 98 | Mar 31, 2025 | CPNS vs MMAX | |
| Innovator Emerging Markets Power Buffer ETF - Apri... | 97 | Mar 31, 2021 | CPNS vs EAPR | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 97 | Apr 1, 2025 | CPNS vs ZAPR | |
| Innovator Premium Income 15 Buffer ETF - July | 97 | Jun 28, 2024 | CPNS vs LJUL | |
| Innovator Russell 2000 Power Buffer ETF - April | 97 | Mar 31, 2020 | CPNS vs KAPR |
Top Performing CPNS Alternatives (YTD)
CPNS alternatives from the Defined Outcome category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Innovator Russell 2000 Power Buffer ETF - April | 6.95% | Mar 31, 2020 | CPNS vs KAPR | |
| Innovator Emerging Markets Power Buffer ETF - Apri... | 6.65% | Mar 31, 2021 | CPNS vs EAPR | |
| Innovator Emerging Markets 10 Buffer ETF - Quarter... | 6.55% | Jun 28, 2024 | CPNS vs EBUF | |
| Innovator U.S. Equity Buffer ETF - April | 6.07% | Mar 29, 2019 | CPNS vs BAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 6.03% | Mar 19, 2021 | CPNS vs QMAR |
Lowest Volatility Alternatives to CPNS
CPNS alternatives from the Defined Outcome category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr May | 1.52% | May 1, 2025 | CPNS vs ZMAY | |
| iShares Large Cap Max Buffer Mar ETF | 1.85% | Mar 31, 2025 | CPNS vs MMAX | |
| Innovator Premium Income 15 Buffer ETF - July | 1.92% | Jun 28, 2024 | CPNS vs LJUL | |
| Innovator Equity Defined Protection ETF - 1 Yr Jun... | 1.95% | May 30, 2025 | CPNS vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.97% | Jun 30, 2025 | CPNS vs AIOO |
Lowest Drawdown Alternatives to CPNS
CPNS alternatives from the Defined Outcome category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - July | -0.53% | Jun 28, 2024 | CPNS vs LJUL | |
| iShares Large Cap Max Buffer Mar ETF | -0.90% | Mar 31, 2025 | CPNS vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.94% | Apr 1, 2025 | CPNS vs ZAPR | |
| Innovator Equity Defined Protection ETF - 6 Mo Jan... | -1.01% | Jun 28, 2024 | CPNS vs JAJL | |
| Innovator Defined Wealth Shield ETF | -1.15% | Jun 30, 2021 | CPNS vs BALT |
Other ETFs from Calamos
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Compare CPNS with Any Fund or Stock
Compare CPNS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.