See what your fund actually adds
Calamos S&P 500 Structured Alt Protection ETF August CPSA
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | CPSA | Replication |
|---|---|---|
| Annualized growth | 7.5% | 7.6% |
| Annualized volatility | 3.8% | 3.1% |
| Sharpe ratio | 1.94 | 2.39 |
| Maximum drawdown | 4.5% | 3.4% |
| Replication fit (R²) | 0.71 · Tracking error 2.0% | |
Replication portfolio
The published portfolio below is the investable basket used to model CPSA’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BKLN | FI · Senior Bank Loans | 83.1% |
| VUG | Style · Growth | 5.1% |
| XLU | Sector · Utilities | 4.9% |
| XLI | Sector · Industrials | 3.5% |
| EMLC | FI · EM Local Currency | 3.4% |