CAIQ vs. EINC
CAIQ (Calamos Nasdaq Autocallable Income ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - CAIQ is a Nasdaq-100 fund tracking the MerQube Nasdaq-100 Vol Advantage Autocallable Index, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. At a correlation of -0.24, they often move in opposite directions. CAIQ charges 0.74%/yr vs 0.45%/yr for EINC.
Performance
CAIQ vs. EINC - Performance Comparison
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Returns By Period
In the year-to-date period, CAIQ achieves a 11.57% return, which is significantly lower than EINC's 26.86% return.
CAIQ
- 1D
- 0.27%
- 1M
- -1.17%
- YTD
- 11.57%
- 6M
- 10.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EINC
- 1D
- 1.61%
- 1M
- -1.34%
- YTD
- 26.86%
- 6M
- 26.99%
- 1Y
- 30.33%
- 3Y*
- 29.92%
- 5Y*
- 21.22%
- 10Y*
- 12.63%
CAIQ vs. EINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CAIQ Calamos Nasdaq Autocallable Income ETF | 11.57% | 4.03% |
EINC VanEck Energy Income ETF | 26.86% | 1.53% |
Correlation
The correlation between CAIQ and EINC is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | -0.24 |
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Return for Risk
CAIQ vs. EINC — Risk / Return Rank
CAIQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EINC
CAIQ vs. EINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Nasdaq Autocallable Income ETF (CAIQ) and VanEck Energy Income ETF (EINC). 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.
| CAIQ | EINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.86 | — |
| Martin ratioReturn relative to average drawdown | — | 9.71 | — |
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Drawdowns
CAIQ vs. EINC - Drawdown Comparison
The maximum CAIQ drawdown since its inception was -9.06%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for CAIQ and EINC.
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Drawdown Indicators
| CAIQ | EINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.06% | -87.55% | +78.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.89% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.85% | — |
Current DrawdownCurrent decline from peak | -1.74% | -3.83% | +2.09% |
Average DrawdownAverage peak-to-trough decline | -1.68% | -44.13% | +42.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.13% | — |
Volatility
CAIQ vs. EINC - Volatility Comparison
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Volatility by Period
| CAIQ | EINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.99% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.68% | 15.16% | -1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.68% | 19.56% | -5.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.68% | 25.43% | -11.75% |
CAIQ vs. EINC - Expense Ratio Comparison
CAIQ has a 0.74% expense ratio, which is higher than EINC's 0.45% expense ratio.
Dividends
CAIQ vs. EINC - Dividend Comparison
CAIQ's dividend yield for the trailing twelve months is around 8.61%, more than EINC's 3.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIQ Calamos Nasdaq Autocallable Income ETF | 8.61% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EINC VanEck Energy Income ETF | 3.49% | 4.51% | 3.33% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% |
Frequently Asked Questions
CAIQ and EINC have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EINC is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EINC is cheaper with a 0.45% expense ratio, compared with 0.74% for CAIQ.
CAIQ has the higher dividend yield at 8.61%, compared with 3.49% for EINC.
CAIQ is categorized as Nasdaq-100, while EINC is Energy Equities. CAIQ tracks MerQube Nasdaq-100 Vol Advantage Autocallable Index, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: Calamos and VanEck. Their fees differ too: 0.74% for CAIQ and 0.45% for EINC.
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