CAIE vs. VTI

Last updated Jun 16, 2026

CAIE (Calamos Autocallable Income ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - CAIE is a Derivative Income fund tracking the MerQube US Large Cap Vol Advantage Autocallable Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. CAIE charges 0.74%/yr vs 0.03%/yr for VTI.

Performance

CAIE vs. VTI - Performance Comparison

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

Returns By Period

In the year-to-date period, CAIE achieves a 8.63% return, which is significantly lower than VTI's 11.46% return.

CAIE

• 1D: 1.15%
• 1M: 1.01%
• YTD: 8.63%
• 6M: 9.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTI

• 1D: 1.68%
• 1M: 2.70%
• YTD: 11.46%
• 6M: 11.76%
• 1Y: 28.40%
• 3Y*: 20.94%
• 5Y*: 12.71%
• 10Y*: 15.23%

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

CAIE vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025
CAIE Calamos Autocallable Income ETF	8.63%	15.12%
VTI Vanguard Total Stock Market ETF	11.46%	12.83%

Correlation

The correlation between CAIE and VTI is 0.91, 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 Jun 25, 2025	0.91

CAIE vs. VTI - Sectors Allocation Comparison

Sectors	CAIE	VTI
Basic Materials	13.2%	2.0%
Communication Services	-	10.1%
Consumer Cyclical	-	9.8%
Consumer Defensive	-	4.7%
Energy	-	3.8%
Financial Services	-	11.9%
Healthcare	-	9.1%
Industrials	-	9.5%
Real Estate	-	2.4%
Technology	-	33.3%
Utilities	-	2.7%

Return for Risk

CAIE vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAIE

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

VTI

VTI Risk / Return Rank: 77
VTI Sharpe Ratio Rank: 79
VTI Sortino Ratio Rank: 77
VTI Omega Ratio Rank: 78
VTI Calmar Ratio Rank: 70
VTI Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAIE vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Autocallable Income ETF (CAIE) and Vanguard Total Stock Market ETF (VTI). 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.

	CAIE	VTI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.25	—
Sortino ratio: Return per unit of downside risk	—	3.04	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	3.20	—
Martin ratio: Return relative to average drawdown	—	14.35	—

Drawdowns

CAIE vs. VTI - Drawdown Comparison

The maximum CAIE drawdown since its inception was -7.73%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for CAIE and VTI.

Drawdown Indicators

	CAIE	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-7.73%	-55.45%	+47.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-0.80%	-0.49%	-0.31%
Average Drawdown Average peak-to-trough decline	-1.08%	-8.02%	+6.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.98%	—

Volatility

Volatility by Period

	CAIE	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.08%	12.69%	-0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.08%	17.49%	-5.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.08%	18.34%	-6.26%

CAIE vs. VTI - Expense Ratio Comparison

CAIE has a 0.74% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

CAIE vs. VTI - Dividend Comparison

CAIE's dividend yield for the trailing twelve months is around 13.15%, more than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAIE Calamos Autocallable Income ETF	13.15%	7.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both CAIE and VTI in my portfolio?

With a correlation of 0.91, CAIE and VTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CAIE or VTI?

On fees, VTI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CAIE or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.74% for CAIE.

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

CAIE has the higher dividend yield at 13.15%, compared with 1.01% for VTI.

What is the main difference between CAIE and VTI?

CAIE is categorized as Derivative Income, while VTI is Large Cap Blend Equities. CAIE tracks MerQube US Large Cap Vol Advantage Autocallable Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Calamos and Vanguard. Their fees differ too: 0.74% for CAIE and 0.03% for VTI.