CANQ vs. NTSX

Last updated Apr 1, 2026

Compare and contrast key facts about Calamos Alternative Nasdaq & Bond ETF (CANQ) and WisdomTree U.S. Efficient Core Fund (NTSX).

CANQ and NTSX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CANQ is an actively managed fund by Calamos. It was launched on Feb 13, 2024. NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018.

Performance

CANQ vs. NTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Alternative Nasdaq & Bond ETF (CANQ) and WisdomTree U.S. Efficient Core Fund (NTSX). The values are adjusted to include any dividend payments, if applicable.

CANQ vs. NTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CANQ Calamos Alternative Nasdaq & Bond ETF	-5.71%	11.69%	19.48%
NTSX WisdomTree U.S. Efficient Core Fund	-4.59%	18.82%	17.07%

Returns By Period

In the year-to-date period, CANQ achieves a -5.71% return, which is significantly lower than NTSX's -4.59% return.

CANQ

• 1D: 1.68%
• 1M: -4.76%
• YTD: -5.71%
• 6M: -5.33%
• 1Y: 9.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSX

• 1D: 2.78%
• 1M: -5.47%
• YTD: -4.59%
• 6M: -2.72%
• 1Y: 16.50%
• 3Y*: 15.56%
• 5Y*: 7.99%
• 10Y*: —

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

CANQ vs. NTSX - Expense Ratio Comparison

CANQ has a 0.90% expense ratio, which is higher than NTSX's 0.20% expense ratio.

CANQ

Calamos Alternative Nasdaq & Bond ETF

NTSX

WisdomTree U.S. Efficient Core Fund

Return for Risk

CANQ vs. NTSX — Risk / Return Rank

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

CANQ

CANQ Risk / Return Rank: 40
CANQ Sharpe Ratio Rank: 45
CANQ Sortino Ratio Rank: 44
CANQ Omega Ratio Rank: 40
CANQ Calmar Ratio Rank: 36
CANQ Martin Ratio Rank: 34

NTSX

NTSX Risk / Return Rank: 60
NTSX Sharpe Ratio Rank: 54
NTSX Sortino Ratio Rank: 53
NTSX Omega Ratio Rank: 59
NTSX Calmar Ratio Rank: 65
NTSX Martin Ratio Rank: 70

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.

CANQ vs. NTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Alternative Nasdaq & Bond ETF (CANQ) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.

	CANQ	NTSX	Difference
Sharpe ratio Return per unit of total volatility	0.81	0.90	-0.09
Sortino ratio Return per unit of downside risk	1.20	1.32	-0.12
Omega ratio Gain probability vs. loss probability	1.16	1.20	-0.05
Calmar ratio Return relative to maximum drawdown	0.90	1.54	-0.64
Martin ratio Return relative to average drawdown	3.03	6.64	-3.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CANQ vs. NTSX - Sharpe Ratio Comparison

The current CANQ Sharpe Ratio is 0.81, which is comparable to the NTSX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of CANQ and NTSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CANQ	NTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	0.90	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.62	+0.28

Correlation

The correlation between CANQ and NTSX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CANQ vs. NTSX - Dividend Comparison

CANQ's dividend yield for the trailing twelve months is around 5.00%, more than NTSX's 1.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CANQ Calamos Alternative Nasdaq & Bond ETF	5.00%	5.02%	4.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NTSX WisdomTree U.S. Efficient Core Fund	1.22%	1.14%	1.14%	1.21%	1.36%	0.82%	0.92%	1.42%	0.62%

Drawdowns

CANQ vs. NTSX - Drawdown Comparison

The maximum CANQ drawdown since its inception was -12.79%, smaller than the maximum NTSX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for CANQ and NTSX.

Drawdown Indicators

	CANQ	NTSX	Difference
Max Drawdown Largest peak-to-trough decline	-12.79%	-31.34%	+18.55%
Max Drawdown (1Y) Largest decline over 1 year	-10.77%	-11.13%	+0.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.34%	—
Current Drawdown Current decline from peak	-9.26%	-6.40%	-2.86%
Average Drawdown Average peak-to-trough decline	-2.98%	-6.92%	+3.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	2.57%	+0.63%

Volatility

CANQ vs. NTSX - Volatility Comparison

The current volatility for Calamos Alternative Nasdaq & Bond ETF (CANQ) is 3.72%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 6.11%. This indicates that CANQ experiences smaller price fluctuations and is considered to be less risky than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CANQ	NTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	6.11%	-2.39%
Volatility (6M) Calculated over the trailing 6-month period	7.98%	9.65%	-1.67%
Volatility (1Y) Calculated over the trailing 1-year period	11.67%	18.39%	-6.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.73%	17.04%	-4.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.73%	18.39%	-5.66%