CANQ vs QSPT
Calamos Nasdaq Equity & Income ETF vs FT Vest Nasdaq-100 Buffer ETF - September
Which is better, CANQ or QSPT?
QSPT has been ahead.
QSPT has a lower expense ratio. QSPT led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CANQ | QSPT |
|---|---|---|
| Expense Ratio | 0.94% | 0.90%Best |
| AUM | $21M | $721M |
| Dividend Yield | 4.64% | 0.00% |
| Holdings | 30 | 10 |
| YTD Return | +2.52% | +14.93%Best |
| 1Y Return | +3.06% | +17.64%Best |
| 3Y Return (annualized) | - | +17.96% |
| 5Y Return (annualized) | - | +12.63% |
| Volatility (annualized) | 11.0% | 9.7%Best |
| Max Drawdown | -12.8%Best | -15.4% |
| $10,000 over 2.2 years | $13,070 | $14,535Best |
| Fund Family | Calamos Investments | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 13, 2024 | Sep 17, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 5, 2024 to Oct 14, 2026 (2.2 years).
CANQ vs QSPT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
CANQ vs QSPT Performance
Calamos Nasdaq Equity & Income ETF (CANQ) is an ETF from Calamos Investments and FT Vest Nasdaq-100 Buffer ETF - September (QSPT) is an ETF from First Trust Portfolios (US). Over the past year CANQ returned +3.06% while QSPT returned +17.64%. Year to date, CANQ is up 2.52% versus a gain of 14.93% for QSPT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CANQ has been the more volatile fund, with annualized monthly volatility of 11.0% compared with 9.7% for QSPT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.8% for CANQ and -15.4% for QSPT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CANQ charges 0.94% per year while QSPT charges 0.90%. On a $10,000 position that is $94 vs $90 annually, a gap of $4 per year that compounds over a long holding period. On income, CANQ currently yields 4.64% against 0.00% for QSPT.
You are not choosing between two funds in isolation.
Whichever of CANQ and QSPT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CANQ or QSPT?
CANQ has an expense ratio of 0.94% while QSPT charges 0.90%. QSPT is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, CANQ or QSPT?
Over the past year CANQ returned +3.06% vs +17.64% for QSPT, so QSPT leads on 1-year performance. Over the longest common window we track (2 years), CANQ annualized +12.94% vs +18.53% for QSPT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CANQ or QSPT?
CANQ has been the more volatile fund at 11.0% annualized versus 9.7% for QSPT. Worst drawdown: CANQ -12.8% vs QSPT -15.4%.
Should I hold both CANQ and QSPT?
CANQ and QSPT have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CANQ or QSPT?
CANQ yields 4.64% while QSPT yields 0.00%, so CANQ currently pays the higher dividend yield.
Is QSPT better than CANQ?
QSPT has a lower expense ratio. QSPT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.