CAIQ vs. VTI

Last updated Jun 16, 2026

CAIQ (Calamos Nasdaq Autocallable Income ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - CAIQ is a Nasdaq-100 fund tracking the MerQube Nasdaq-100 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 0.86 suggests significant overlap in exposure. CAIQ charges 0.74%/yr vs 0.03%/yr for VTI.

Performance

CAIQ vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Nasdaq Autocallable Income ETF (CAIQ) 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, CAIQ achieves a 12.96% return, which is significantly higher than VTI's 11.46% return.

CAIQ

• 1D: 0.83%
• 1M: 1.36%
• YTD: 12.96%
• 6M: 14.11%
• 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)

CAIQ vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025
CAIQ Calamos Nasdaq Autocallable Income ETF	12.96%	4.03%
VTI Vanguard Total Stock Market ETF	11.46%	3.36%

Correlation

The correlation between CAIQ and VTI 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 Nov 20, 2025	0.86

Return for Risk

CAIQ vs. VTI — Risk / Return Rank

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

CAIQ

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.

CAIQ vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Nasdaq Autocallable Income ETF (CAIQ) 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.

	CAIQ	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

CAIQ vs. VTI - Drawdown Comparison

The maximum CAIQ drawdown since its inception was -9.06%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for CAIQ and VTI.

Drawdown Indicators

	CAIQ	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-9.06%	-55.45%	+46.39%
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	-0.52%	-0.49%	-0.03%
Average Drawdown Average peak-to-trough decline	-1.70%	-8.02%	+6.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.98%	—

Volatility

Volatility by Period

	CAIQ	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	13.91%	12.69%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	17.49%	-3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.91%	18.34%	-4.43%

CAIQ vs. VTI - Expense Ratio Comparison

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

Dividends

CAIQ vs. VTI - Dividend Comparison

CAIQ's dividend yield for the trailing twelve months is around 8.50%, more than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAIQ Calamos Nasdaq Autocallable Income ETF	8.50%	1.54%	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 CAIQ and VTI in my portfolio?

CAIQ and VTI 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, CAIQ 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, CAIQ or VTI?

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

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

CAIQ has the higher dividend yield at 8.50%, compared with 1.01% for VTI.

What is the main difference between CAIQ and VTI?

CAIQ is categorized as Nasdaq-100, while VTI is Large Cap Blend Equities. CAIQ tracks MerQube Nasdaq-100 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 CAIQ and 0.03% for VTI.