ATCL vs. CAIE

Last updated Jun 24, 2026

ATCL (REX Autocallable Income ETF) and CAIE (Calamos Autocallable Income ETF) are both Derivative Income funds. ATCL is actively managed, while CAIE is passively managed. Their correlation of 0.86 suggests significant overlap in exposure. ATCL charges 0.65%/yr vs 0.74%/yr for CAIE.

Performance

ATCL vs. CAIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Autocallable Income ETF (ATCL) and Calamos Autocallable Income ETF (CAIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATCL

• 1D: -0.32%
• 1M: -0.15%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAIE

• 1D: -0.11%
• 1M: -1.41%
• YTD: 6.72%
• 6M: 5.46%
• 1Y: 22.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ATCL vs. CAIE - Yearly Performance Comparison

	2026 (YTD)
ATCL REX Autocallable Income ETF	3.31%
CAIE Calamos Autocallable Income ETF	6.76%

Correlation

The correlation between ATCL and CAIE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.86

Return for Risk

ATCL vs. CAIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Autocallable Income ETF (ATCL) and Calamos Autocallable Income ETF (CAIE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ATCL vs. CAIE - Drawdown Comparison

The maximum ATCL drawdown since its inception was -6.08%, smaller than the maximum CAIE drawdown of -7.73%. Use the drawdown chart below to compare losses from any high point for ATCL and CAIE.

Drawdown Indicators

	ATCL	CAIE	Difference
Max Drawdown Largest peak-to-trough decline	-6.08%	-7.73%	+1.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.73%	—
Current Drawdown Current decline from peak	-0.63%	-2.54%	+1.91%
Average Drawdown Average peak-to-trough decline	-0.80%	-1.10%	+0.30%

Volatility

Volatility by Period

	ATCL	CAIE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.30%	12.03%	-3.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.30%	12.03%	-3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.30%	12.03%	-3.73%

ATCL vs. CAIE - Expense Ratio Comparison

ATCL has a 0.65% expense ratio, which is lower than CAIE's 0.74% expense ratio.

Dividends

ATCL vs. CAIE - Dividend Comparison

ATCL's dividend yield for the trailing twelve months is around 4.58%, less than CAIE's 13.38% yield.

Position	TTM	2025
ATCL REX Autocallable Income ETF	4.58%	0.00%
CAIE Calamos Autocallable Income ETF	13.38%	7.46%

Frequently Asked Questions

Can I hold both ATCL and CAIE in my portfolio?

ATCL and CAIE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ATCL or CAIE?

On fees, ATCL is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ATCL or CAIE?

ATCL is cheaper with a 0.65% expense ratio, compared with 0.74% for CAIE.

Which ETF pays a higher dividend yield, ATCL or CAIE?

CAIE has the higher dividend yield at 13.38%, compared with 4.58% for ATCL.

What is the main difference between ATCL and CAIE?

They also come from different issuers: REX Shares and Calamos. Their fees differ too: 0.65% for ATCL and 0.74% for CAIE.