CPNM vs FOWF

Comparison between CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - MARCH (CPNM, ETF) and PACER SOLACTIVE WHITNEY FUTURE OF WARFARE ETF (FOWF, ETF).

CPNM vs FOWF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPNM(ETF)	FOWF(ETF)
Net Assets	$15M	$15M
Expense Ratio	0.69%	0.49%
Max Drawdown	1.91%	12.29%
Sharpe Ratio	1.89	1.18
5Y Beta	0.13	0.75
P/E Ratio	N/A	30.01
Forward P/E	N/A	18.40
PEG Ratio	N/A	0.31
5Y EPS CAGR	N/A	8.59%
Debt to Equity	N/A	141.37%
P/S Ratio	N/A	2.28
P/B Ratio	N/A	4.55

Net Assets

CPNM

$15M

Winner

FOWF

$15M

Expense Ratio

CPNM

0.69%

Winner

FOWF

0.49%

Max Drawdown

Winner

CPNM

1.91%

FOWF

12.29%

Sharpe Ratio

Winner

CPNM

1.89

FOWF

1.18

5Y Beta

Winner

CPNM

0.13

FOWF

0.75

P/E Ratio

CPNM

N/A

FOWF

30.01

Forward P/E

CPNM

N/A

FOWF

18.40

PEG Ratio

CPNM

N/A

FOWF

0.31

5Y EPS CAGR

CPNM

N/A

FOWF

8.59%

Debt to Equity

CPNM

N/A

FOWF

141.37%

P/S Ratio

CPNM

N/A

FOWF

2.28

P/B Ratio

CPNM

N/A

FOWF

4.55

CPNM vs FOWF - Historical Returns

Returns include dividend reinvestment.

Period	CPNM	FOWF
1 month	+0.39%	+2.42%
3 months	+1.86%	-1.23%
6 months	+3.20%	+11.28%
1 year	+7.71%	+21.49%
Max(CAGR)	+7.47%	+26.64%

CPNM

+0.39%

Winner

FOWF

+2.42%

Winner

CPNM

+1.86%

FOWF

-1.23%

CPNM

+3.20%

Winner

FOWF

+11.28%

CPNM

+7.71%

Winner

FOWF

+21.49%

Max(CAGR)

CPNM

+7.47%

Winner

FOWF

+26.64%

CPNM vs FOWF - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CPNM	FOWF
2026	+2.63%	+7.44%
2025	+6.65%	+30.04%
2024	N/A	+0.39%

CPNM vs FOWF Drawdown Comparison

The maximum drawdown for CPNM was -1.91%, occurring on Apr 4, 2025. Recovery took 41 trading sessions.

The maximum drawdown for FOWF was -12.29%, occurring on Apr 7, 2025. Recovery took 25 trading sessions.

The current CPNM drawdown is -0.34%. The current FOWF drawdown is -3.25%.

Rank	CPNM	FOWF
#1	-1.91% Mar 5, 2025 - May 2, 2025	-12.29% Mar 25, 2025 - Apr 30, 2025
#2	-1.03% Mar 10, 2026 - Apr 8, 2026	-10.07% Mar 2, 2026 - Mar 30, 2026
#3	-0.64% Oct 29, 2025 - Nov 25, 2025	-7.18% Oct 8, 2025 - Jan 5, 2026
#4	-0.38% Aug 14, 2025 - Aug 28, 2025	-3.25% Jan 27, 2026 - Feb 9, 2026
#5	-0.37% Feb 2, 2026 - Feb 9, 2026	-2.98% Dec 26, 2024 - Jan 17, 2025
#6	-0.34% Jun 2, 2026 - Jun 5, 2026	-2.75% Mar 5, 2025 - Mar 17, 2025
#7	-0.34% Oct 8, 2025 - Oct 20, 2025	-2.67% Jan 23, 2025 - Mar 5, 2025
#8	-0.28% May 19, 2025 - May 27, 2025	-2.60% Jul 23, 2025 - Aug 26, 2025
#9	-0.24% Jul 29, 2025 - Aug 4, 2025	-1.81% Feb 19, 2026 - Feb 27, 2026
#10	-0.23% Aug 28, 2025 - Sep 5, 2025	-1.72% Jan 16, 2026 - Jan 27, 2026
#11	-0.21% May 2, 2025 - May 12, 2025	-1.67% Feb 9, 2026 - Feb 13, 2026
#12	-0.19% May 14, 2026 - May 20, 2026	-1.61% Mar 19, 2025 - Mar 25, 2025
#13	-0.19% Jun 16, 2025 - Jun 23, 2025	-1.39% May 20, 2025 - May 27, 2025
#14	-0.17% Jan 12, 2026 - Jan 22, 2026	-1.16% Aug 28, 2025 - Sep 11, 2025
#15	-0.17% Dec 22, 2025 - Dec 24, 2025	-1.15% Feb 13, 2026 - Feb 19, 2026