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Upturn AI SWOT - About
Calamos Alternative Nasdaq & Bond ETF (CANQ)
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Upturn Advisory Summary
08/14/2025: 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 17.29% | Avg. Invested days 58 | 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 08/14/2025 |
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 (ticker: CPZ) aims to provide capital appreciation with downside protection by dynamically allocating between Nasdaq 100 stocks and investment-grade bonds, using a proprietary methodology.
Reputation and Reliability
Calamos Investments is a well-established asset manager with a long history of providing alternative investment solutions.
Management Expertise
Calamos has a dedicated team of experienced investment professionals specializing in both equity and fixed income strategies.
Investment Objective
Goal
The investment seeks capital appreciation with downside protection.
Investment Approach and Strategy
Strategy: The ETF employs a flexible allocation strategy, shifting between Nasdaq 100 stocks and investment-grade bonds based on market conditions and risk assessments.
Composition The ETF's holdings consist of shares of companies in the Nasdaq 100 and investment-grade bonds.
Market Position
Market Share: Data not readily available to calculate market share.
Total Net Assets (AUM): 27700000
Competitors
Key Competitors
- PQAX
- RYANX
- DSENX
- VBINX
Competitive Landscape
The competitive landscape involves ETFs and mutual funds offering similar asset allocation or downside protection strategies. CPZ's advantage lies in its dynamic allocation and focus on Nasdaq 100 combined with bonds, but faces competition from funds with potentially lower expense ratios or broader asset class diversification.
Financial Performance
Historical Performance: Historical performance data should be analyzed across various time frames (e.g., 1-year, 3-year, 5-year, 10-year, inception to date) to understand its risk-adjusted returns.
Benchmark Comparison: The ETF's performance should be compared to benchmarks like a Nasdaq 100 index and a broad investment-grade bond index to evaluate its effectiveness.
Expense Ratio: 0.9
Liquidity
Average Trading Volume
Average trading volume should be assessed to ensure ease of buying and selling shares without significantly impacting the ETF's price.
Bid-Ask Spread
The bid-ask spread should be examined to determine the cost of trading the ETF, with a narrower spread indicating better liquidity.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates, inflation, and GDP growth, as well as the performance of the technology sector and the bond market influence CPZ.
Growth Trajectory
The ETF's growth trajectory depends on its ability to attract assets by delivering on its investment objective of capital appreciation with downside protection; strategy or holding changes are publicly disclosed.
Moat and Competitive Advantages
Competitive Edge
CPZ differentiates itself through its dynamic allocation strategy between Nasdaq 100 stocks and investment-grade bonds, aiming to capture upside potential while mitigating downside risk. The ETFu2019s proprietary methodology seeks to adapt to changing market conditions. The combination of growth-oriented Nasdaq stocks and defensive bonds provides diversification. The expertise of Calamos in both equity and fixed-income management adds to its competitive advantage.
Risk Analysis
Volatility
The ETF's volatility reflects the fluctuations in both the Nasdaq 100 and the bond market, influenced by factors like interest rate changes and technology sector performance.
Market Risk
The ETF faces market risk associated with both equities (Nasdaq 100) and fixed income (investment-grade bonds), including risks related to economic cycles, interest rate movements, and company-specific factors.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking capital appreciation with downside protection, comfortable with a dynamic asset allocation strategy, and understands the risks associated with both equities and bonds.
Market Risk
This ETF is potentially suitable for long-term investors looking for a blend of growth and capital preservation.
Summary
The Calamos Alternative Nasdaq & Bond ETF (CPZ) offers a dynamically managed approach to achieving capital appreciation with downside protection by allocating between Nasdaq 100 stocks and investment-grade bonds. Its success depends on its ability to effectively time market shifts and generate returns superior to static allocation strategies. The ETF is best suited for investors seeking a blend of growth and capital preservation, though the expense ratio could be a consideration. The portfolio's performance hinges on both the accuracy of its allocation methodology and the strength of the underlying Nasdaq and bond markets.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Calamos Investments 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. Consult with a qualified 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.