CPNJ vs TOPC

Comparison between CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - JUNE (CPNJ, ETF) and iShares S&P 500 3 Capped ETF (TOPC, ETF).

CPNJ vs TOPC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPNJ(ETF)	TOPC(ETF)
Net Assets	$26M	$26M
Expense Ratio	0.69%	0.09%
Max Drawdown	5.99%	8.26%
Sharpe Ratio	1.09	1.54
5Y Beta	0.27	0.93
P/E Ratio	N/A	28.05
Forward P/E	N/A	21.58
5Y EPS CAGR	N/A	20.50%
Debt to Equity	N/A	33.14%
P/S Ratio	N/A	3.26
P/B Ratio	N/A	4.94

Net Assets

CPNJ

$26M

Winner

TOPC

$26M

Expense Ratio

CPNJ

0.69%

Winner

TOPC

0.09%

Max Drawdown

Winner

CPNJ

5.99%

TOPC

8.26%

Sharpe Ratio

CPNJ

1.09

Winner

TOPC

1.54

5Y Beta

Winner

CPNJ

0.27

TOPC

0.93

P/E Ratio

CPNJ

N/A

TOPC

28.05

Forward P/E

CPNJ

N/A

TOPC

21.58

5Y EPS CAGR

CPNJ

N/A

TOPC

20.50%

Debt to Equity

CPNJ

N/A

TOPC

33.14%

P/S Ratio

CPNJ

N/A

TOPC

3.26

P/B Ratio

CPNJ

N/A

TOPC

4.94

CPNJ vs TOPC - Historical Returns

Returns include dividend reinvestment.

Period	CPNJ	TOPC
1 month	-0.29%	+1.82%
3 months	+1.25%	+7.09%
6 months	+2.24%	+8.46%
1 year	+6.09%	+23.94%
Max(CAGR)	+7.84%	+33.18%

CPNJ

-0.29%

Winner

TOPC

+1.82%

CPNJ

+1.25%

Winner

TOPC

+7.09%

CPNJ

+2.24%

Winner

TOPC

+8.46%

CPNJ

+6.09%

Winner

TOPC

+23.94%

Max(CAGR)

CPNJ

+7.84%

Winner

TOPC

+33.18%

CPNJ vs TOPC - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CPNJ	TOPC
2026	+1.82%	+8.36%
2025	+8.39%	+27.46%
2024	+5.44%	N/A

CPNJ vs TOPC Drawdown Comparison

The maximum drawdown for CPNJ was -5.99%, occurring on Apr 8, 2025. Recovery took 57 trading sessions.

The maximum drawdown for TOPC was -8.04%, occurring on Mar 30, 2026. Recovery took 49 trading sessions.

The current CPNJ drawdown is -0.69%. The current TOPC drawdown is -2.84%.

Rank	CPNJ	TOPC
#1	-5.99% Feb 19, 2025 - May 12, 2025	-8.04% Feb 2, 2026 - Apr 14, 2026
#2	-1.96% Jul 10, 2024 - Aug 20, 2024	-5.04% Oct 27, 2025 - Dec 10, 2025
#3	-1.26% Aug 23, 2024 - Sep 13, 2024	-2.92% Oct 8, 2025 - Oct 24, 2025
#4	-1.07% Mar 17, 2026 - Apr 6, 2026	-2.84% Jun 2, 2026 - Jun 5, 2026
#5	-0.69% Jun 4, 2026 - Jun 5, 2026	-2.53% May 19, 2025 - Jun 3, 2025
#6	-0.68% Oct 28, 2025 - Nov 28, 2025	-2.53% Jul 25, 2025 - Aug 12, 2025
#7	-0.66% Dec 16, 2024 - Dec 26, 2024	-2.25% Jan 12, 2026 - Jan 29, 2026
#8	-0.63% Oct 29, 2024 - Nov 6, 2024	-2.24% Apr 17, 2025 - Apr 22, 2025
#9	-0.61% Jan 22, 2025 - Feb 5, 2025	-2.08% Dec 11, 2025 - Dec 23, 2025
#10	-0.58% Dec 26, 2024 - Jan 15, 2025	-1.79% May 14, 2026 - May 22, 2026
#11	-0.54% Nov 8, 2024 - Nov 26, 2024	-1.34% Dec 24, 2025 - Jan 6, 2026
#12	-0.49% Feb 2, 2026 - Feb 25, 2026	-1.27% Sep 22, 2025 - Oct 1, 2025
#13	-0.36% Oct 22, 2024 - Oct 25, 2024	-1.25% Jun 12, 2025 - Jun 24, 2025
#14	-0.36% Aug 21, 2024 - Aug 23, 2024	-1.16% May 2, 2025 - May 12, 2025
#15	-0.32% Jun 18, 2024 - Jun 28, 2024	-1.14% Aug 13, 2025 - Aug 22, 2025