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Upturn AI SWOT - About
Calamos Alternative Nasdaq & Bond ETF (CANQ)
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Upturn Advisory Summary
10/15/2025: CANQ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 19.99% | Avg. Invested days 68 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 23.80 - 29.00 | Updated Date 06/30/2025 |
52 Weeks Range 23.80 - 29.00 | Updated Date 06/30/2025 |
Upturn AI SWOT
Calamos Alternative Nasdaq & Bond ETF
ETF Overview
Overview
The Calamos Alternative Nasdaq & Bond ETF (CBNQ) seeks to provide total return by allocating assets between Nasdaq stocks and bonds while managing downside risk through alternative strategies.
Reputation and Reliability
Calamos Investments is a well-established asset manager with a history of providing various investment solutions.
Management Expertise
Calamos's management team possesses expertise in alternative investments, equity strategies, and fixed income management.
Investment Objective
Goal
To provide total return with downside protection through a mix of Nasdaq stocks, bonds, and alternative strategies.
Investment Approach and Strategy
Strategy: The ETF employs a dynamic asset allocation strategy, shifting between Nasdaq stocks and bonds based on market conditions and risk assessment, while also utilizing alternative strategies.
Composition The ETF holds a mix of Nasdaq-listed equities and bonds, actively managed based on market opportunities and risk considerations. It may also include derivative instruments and other alternative investments.
Market Position
Market Share: CBNQ's market share within the hybrid and alternative ETF landscape varies, typically smaller compared to broader market ETFs.
Total Net Assets (AUM): 23470000
Competitors
Key Competitors
- AGFiQ US Market Neutral Anti-Beta ETF (BTAL)
- Simplify US Equity PLUS Downside Convexity ETF (SPD)
- Cambria Tail Risk ETF (TAIL)
Competitive Landscape
The competitive landscape includes ETFs using market neutral, tail risk hedging, and other alternative strategies. CBNQ differentiates itself with a focus on Nasdaq stocks and bonds combined with active risk management. Advantages include potential for upside capture with downside protection, while disadvantages may include higher expense ratios and potential underperformance in strongly trending markets.
Financial Performance
Historical Performance: Historical performance varies based on market conditions, with no numerical data provided.
Benchmark Comparison: Performance is compared against a blend of Nasdaq and bond indices, though numerical comparison unavailable.
Expense Ratio: 0.79
Liquidity
Average Trading Volume
Average trading volume is moderate, which can impact ease of entry and exit for larger positions.
Bid-Ask Spread
The bid-ask spread can fluctuate depending on market conditions and trading volume, influencing transaction costs.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and Nasdaq performance significantly influence CBNQ. Changes in market sentiment toward growth stocks and bond yields will affect its allocations.
Growth Trajectory
Growth depends on the success of its asset allocation strategy and its ability to deliver downside protection. Changes in holdings and strategy are made to adjust to current market conditions.
Moat and Competitive Advantages
Competitive Edge
CBNQ aims to provide a unique combination of Nasdaq equity exposure, bond returns, and alternative downside protection. Its dynamic asset allocation strategy seeks to optimize risk-adjusted returns. This combination appeals to investors seeking growth potential with reduced volatility compared to pure equity strategies. The active management component is intended to capitalize on market inefficiencies and manage risk more effectively.
Risk Analysis
Volatility
Volatility is expected to be lower than a pure Nasdaq equity ETF due to the bond allocation and alternative strategies.
Market Risk
Market risk includes exposure to Nasdaq equities, bond market fluctuations, and potential underperformance of the alternative strategies.
Investor Profile
Ideal Investor Profile
Investors seeking a balanced investment approach with a blend of growth potential and downside risk management. Those willing to accept active management and slightly higher expense ratios might find this ETF suitable.
Market Risk
Suitable for long-term investors looking for growth with some risk mitigation. Not recommended for pure passive index followers or active traders.
Summary
CBNQ offers a blend of Nasdaq stocks, bonds, and alternative strategies, aiming for total return with downside protection. Its active asset allocation seeks to adapt to market conditions. It is designed for investors seeking growth with managed risk. Potential investors should consider its expense ratio and active management style. The ETF provides a unique proposition in the alternative ETF space, offering exposure to Nasdaq's growth potential with bond stability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Calamos Investments ETF Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market conditions can change rapidly, affecting the performance of the ETF. Consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Calamos Alternative Nasdaq & Bond ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund pursues its objective by investing, under normal circumstances, at least 80%, but up to 100%, of its net assets (plus borrowings for investment purposes, if any) in a portfolio of equity instruments (including options and equity ETFs) and fixed income instruments (including bonds and fixed income ETFs) intended to deliver convertible security-like exposure to companies in the Nasdaq-100 Index. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.