CPNM vs PQJL

Comparison between CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - MARCH (CPNM, ETF) and PGIM Nasdaq-100 Buffer 12 ETF - July (PQJL, ETF).

CPNM vs PQJL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPNM(ETF)	PQJL(ETF)
Net Assets	$15M	$15M
Expense Ratio	0.69%	0.50%
Max Drawdown	1.91%	12.32%
Sharpe Ratio	1.82	1.76
5Y Beta	0.13	0.62

Net Assets

CPNM

$15M

Winner

PQJL

$15M

Expense Ratio

CPNM

0.69%

Winner

PQJL

0.50%

Max Drawdown

Winner

CPNM

1.91%

PQJL

12.32%

Sharpe Ratio

Winner

CPNM

1.82

PQJL

1.76

5Y Beta

Winner

CPNM

0.13

PQJL

0.62

CPNM vs PQJL - Historical Returns

Returns include dividend reinvestment.

Period	CPNM	PQJL
1 month	+0.29%	+0.81%
3 months	+2.15%	+7.84%
6 months	+3.32%	+7.93%
1 year	+7.50%	+19.30%
Max(CAGR)	+7.46%	+16.33%

CPNM

+0.29%

Winner

PQJL

+0.81%

CPNM

+2.15%

Winner

PQJL

+7.84%

CPNM

+3.32%

Winner

PQJL

+7.93%

CPNM

+7.50%

Winner

PQJL

+19.30%

Max(CAGR)

CPNM

+7.46%

Winner

PQJL

+16.33%

CPNM vs PQJL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	CPNM	PQJL
2026	+2.76%	+7.20%
2025	+6.65%	+16.11%

CPNM vs PQJL Drawdown Comparison

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

The maximum drawdown for PQJL was -12.32%, occurring on Apr 8, 2025. Recovery took 72 trading sessions.

The current CPNM drawdown is -0.21%.

Rank	CPNM	PQJL
#1	-1.91% Mar 5, 2025 - May 2, 2025	-12.32% Feb 19, 2025 - Jun 3, 2025
#2	-1.03% Mar 10, 2026 - Apr 8, 2026	-5.83% Jan 28, 2026 - Apr 13, 2026
#3	-0.64% Oct 29, 2025 - Nov 25, 2025	-3.24% Oct 29, 2025 - Dec 2, 2025
#4	-0.52% Jun 2, 2026 - Jun 10, 2026	-1.75% Oct 8, 2025 - Oct 20, 2025
#5	-0.38% Aug 14, 2025 - Aug 28, 2025	-1.58% Aug 12, 2025 - Aug 28, 2025
#6	-0.37% Feb 2, 2026 - Feb 9, 2026	-1.58% Dec 10, 2025 - Dec 22, 2025
#7	-0.34% Oct 8, 2025 - Oct 20, 2025	-1.36% Jan 9, 2026 - Jan 26, 2026
#8	-0.28% May 19, 2025 - May 27, 2025	-1.34% Jan 6, 2025 - Jan 17, 2025
#9	-0.24% Jul 29, 2025 - Aug 4, 2025	-1.34% Jan 23, 2025 - Feb 6, 2025
#10	-0.23% Aug 28, 2025 - Sep 5, 2025	-1.30% Jul 29, 2025 - Aug 6, 2025
#11	-0.21% May 2, 2025 - May 12, 2025	-1.14% Jun 16, 2025 - Jun 24, 2025
#12	-0.19% May 14, 2026 - May 20, 2026	-1.10% Aug 28, 2025 - Sep 5, 2025
#13	-0.19% Jun 16, 2025 - Jun 23, 2025	-0.95% Jun 10, 2025 - Jun 16, 2025
#14	-0.17% Jan 12, 2026 - Jan 22, 2026	-0.72% Dec 26, 2025 - Jan 6, 2026
#15	-0.17% Dec 22, 2025 - Dec 24, 2025	-0.62% Sep 22, 2025 - Oct 1, 2025