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CCEF vs PALU

Comparison between Calamos CEF Income & Arbitrage ETF (CCEF, ETF) and Direxion Daily PANW Bull 2X Shares (PALU, ETF).

CCEF vs PALU - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CCEF
$34M
PALU
$34M
Expense Ratio
CCEF
3.19%
PALU
N/A
Max Drawdown
Winner
CCEF
15.80%
PALU
64.97%
Sharpe Ratio
CCEF
1.13
Winner
PALU
1.39
5Y Beta
Winner
CCEF
0.56
PALU
2.27

CCEF vs PALU - Holdings Comparison

CCEF and PALU have 0 common holdings. Overlap is 0.00%

CCEF's top 25 holdings weight is 66.59%. PALU's top 25 holdings weight is 27.03%.

RankCCEFPALU
#1
EATON VANCE TAX-MANGD GLO BUY-WRITE OPPO (ETW) - 4.08%
PALO ALTO NETWORKS INC (PANW) - 27.03%
#2
VIRTUS ALLIANZGI EQUITY & CONVERTIBLE INCOME FUND (NIE) - 4.02%
N/A
#3
LIBERTY ALL STAR GROWTH FUND INC (ASG) - 3.83%
N/A
#4
EATON VANCE RISK-MANAGED DIVERSIFIED EQUITY INCOME FUND (ETJ) - 3.68%
N/A
#5
NEUBERGER REAL EST SECURITIES INC (NRO) - 3.48%
N/A
#6
BEXIL INVESTMENT TRUST BEXIL INVESTMENT TRUST (n/a) - 3.32%
N/A
#7
EATON VANCE ENHANCED EQUITY INCOME FUND II (EOS) - 3.01%
N/A
#8
NEUBERGER ENERGY INFRA AND INCOME INC (NML) - 2.77%
N/A
#9
CLEARBRIDGE ENERGY MIDSTREAM OPPORTUNITY (EMO) - 2.72%
N/A
#10
VIRTUS ARTIFICIAL INTELLIGENCE & TECHNOLOGY OPPORTUNITIES FUND (AIO) - 2.64%
N/A
#11
ADAMS NATURAL RESOURCES FUND INC (PEO) - 2.63%
N/A
#12
NUVEEN MULTI-ASSET INCOME (NMAI) - 2.59%
N/A
#13
JOHN HANCOCK PREMIUM DIV FUND (PDT) - 2.51%
N/A
#14
TEMPLETON EMERGING MARKETS FUND (EMF) - 2.50%
N/A
#15
BLACKROCK HEALTH SCIENCES TERM TRUST (BMEZ) - 2.37%
N/A
#16
GAMCO GLOBAL GOLD NATURAL RESOURCES & INCOME TRUST (GGN) - 2.33%
N/A
#17
FS CREDIT OPPORTUNITIES CORP (FSCO) - 2.19%
N/A
#18
LMP CAPITAL & INCOME (SCD) - 2.06%
N/A
#19
BLACKROCK RESOURCES & COMMODITIES STRATEGY TRUST (BCX) - 2.02%
N/A
#20
FLAHERTY & CRUMRINE PREFERRED AND INCOME SECURITIES FUND INCORPORATED (FFC) - 2.01%
N/A
#21
EATON VANCE TAX-MANAGED BUY-WRITE OPP (ETV) - 2.01%
N/A
#22
DOUBLELINE INCOME SOLUTIONS FUND (DSL) - 1.98%
N/A
#23
ALLSPRING MULTI-SECTOR INCOME FUND (ERC) - 1.96%
N/A
#24
WESTERN ASSET HIGH INCOME OPPOR FD INC (HIO) - 1.95%
N/A
#25
BLACKROCK ENHANCED EQUITY DIVIDEND TRUST (BDJ) - 1.93%
N/A
Total Holdings551

CCEF vs PALU - Historical Returns

Returns include dividend reinvestment.

1M
CCEF
+1.08%
Winner
PALU
+38.17%
3M
CCEF
+3.95%
Winner
PALU
+246.69%
6M
CCEF
+4.95%
Winner
PALU
+198.58%
1Y
CCEF
+13.55%
Winner
PALU
+122.79%
Max(CAGR)
CCEF
+15.79%
Winner
PALU
+92.07%

CCEF vs PALU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearCCEFPALU
2026+7.18%+202.10%
2025+13.14%-17.48%
2024+18.81%N/A

CCEF vs PALU Drawdown Comparison

The maximum drawdown for CCEF was -13.25%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.

The maximum drawdown for PALU was -62.11%, occurring on Feb 24, 2026. Recovery took 137 trading sessions.

The current CCEF drawdown is -0.25%. The current PALU drawdown is -10.18%.

RankCCEFPALU
#1-13.25%
Feb 18, 2025 - Jun 24, 2025
-62.11%
Oct 28, 2025 - May 15, 2026
#2-7.75%
Mar 2, 2026 - May 6, 2026
-36.07%
Jul 9, 2025 - Oct 6, 2025
#3-5.93%
Nov 29, 2024 - Feb 6, 2025
-33.38%
Mar 26, 2025 - May 12, 2025
#4-5.10%
Mar 28, 2024 - May 9, 2024
-25.68%
Jun 1, 2026 - Jun 26, 2026
#5-4.93%
Jul 31, 2024 - Aug 16, 2024
-20.32%
Jul 6, 2026 - Jul 8, 2026
#6-3.07%
Nov 12, 2025 - Nov 28, 2025
-14.08%
May 20, 2025 - Jun 3, 2025
#7-2.61%
May 21, 2024 - Jun 25, 2024
-11.41%
Oct 8, 2025 - Oct 27, 2025
#8-2.60%
Oct 16, 2024 - Nov 7, 2024
-9.28%
May 22, 2026 - May 29, 2026
#9-2.20%
Nov 11, 2024 - Nov 25, 2024
-7.13%
Jun 30, 2025 - Jul 9, 2025
#10-2.04%
Jun 2, 2026 - Jun 15, 2026
-5.80%
May 18, 2026 - May 21, 2026
#11-1.94%
Oct 8, 2025 - Nov 11, 2025
-5.47%
Jun 6, 2025 - Jun 17, 2025
#12-1.79%
May 14, 2026 - May 28, 2026
-3.76%
Jun 25, 2025 - Jun 30, 2025
#13-1.58%
Nov 28, 2025 - Dec 24, 2025
-3.21%
Jun 3, 2025 - Jun 6, 2025
#14-1.55%
Jun 15, 2026 - Jun 30, 2026
-2.92%
Jun 17, 2025 - Jun 23, 2025
#15-1.47%
Jul 16, 2024 - Jul 31, 2024
-2.59%
Jul 1, 2026 - Jul 6, 2026

Correlation

Correlation between CCEF and PALU is 0.45 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.45
-101

Dividend Comparison (2024 - 2026)

CCEF vs PALU dividend yield comparison.

YearCCEFPALU
20264.00%0.35%
20258.08%10.50%
20246.55%0.00%

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