CPSU vs DJAN
Calamos S&P 500 Structured Alt Protection ETF - June vs FT Vest US Equity Deep Buffer ETF - January
Which is better, CPSU or DJAN?
DJAN has been ahead.
CPSU has a lower expense ratio. DJAN led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | CPSU | DJAN |
|---|---|---|
| Expense Ratio | 0.69%Best | 0.85% |
| AUM | $29M | $455M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 5 | 10 |
| YTD Return | +3.38% | +7.90%Best |
| 1Y Return | +4.67% | +11.42%Best |
| 3Y Return (annualized) | - | +12.54% |
| 5Y Return (annualized) | - | +7.97% |
| Volatility (annualized) | 1.4%Best | 5.2% |
| Max Drawdown | -1.0%Best | -4.3% |
| $10,000 over 1.4 years | $10,788 | $11,988Best |
| Fund Family | Calamos Investments | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 2, 2025 | Jan 15, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Jun 2, 2025 to Oct 14, 2026 (1.4 years).
CPSU vs DJAN 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 1.4 years both funds cover.
CPSU vs DJAN Performance
Calamos S&P 500 Structured Alt Protection ETF - June (CPSU) is an ETF from Calamos Investments and FT Vest US Equity Deep Buffer ETF - January (DJAN) is an ETF from First Trust Portfolios (US). Over the past year CPSU returned +4.67% while DJAN returned +11.42%. Year to date, CPSU is up 3.38% versus a gain of 7.90% for DJAN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DJAN has been the more volatile fund, with annualized monthly volatility of 5.2% compared with 1.4% for CPSU. 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 -1.0% for CPSU and -4.3% for DJAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CPSU charges 0.69% per year while DJAN charges 0.85%. On a $10,000 position that is $69 vs $85 annually, a gap of $16 per year that compounds over a long holding period. On income, CPSU currently yields 0.00% against 0.00% for DJAN.
You are not choosing between two funds in isolation.
Whichever of CPSU and DJAN 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, CPSU or DJAN?
CPSU has an expense ratio of 0.69% while DJAN charges 0.85%. CPSU is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, CPSU or DJAN?
Over the past year CPSU returned +4.67% vs +11.42% for DJAN, so DJAN leads on 1-year performance. Over the longest common window we track (1 years), CPSU annualized +5.57% vs +13.83% for DJAN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPSU or DJAN?
DJAN has been the more volatile fund at 5.2% annualized versus 1.4% for CPSU. Worst drawdown: CPSU -1.0% vs DJAN -4.3%.
Should I hold both CPSU and DJAN?
CPSU and DJAN have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, CPSU or DJAN?
CPSU yields 0.00% while DJAN yields 0.00%, so DJAN currently pays the higher dividend yield.
Is DJAN better than CPSU?
CPSU has a lower expense ratio. DJAN led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.