CPNQ vs BYRE

Comparison between CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - DECEMBER (CPNQ, ETF) and PRINCIPAL REAL ESTATE ACTIVE OPPORTUNITIES ETF (BYRE, ETF).

CPNQ vs BYRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPNQ(ETF)	BYRE(ETF)
Net Assets	$25M	$26M
Expense Ratio	0.69%	0.60%
Max Drawdown	3.52%	28.16%
Sharpe Ratio	1.00	0.54
5Y Beta	0.16	0.39
P/E Ratio	N/A	45.73
Forward P/E	N/A	35.35
PEG Ratio	N/A	9.88
5Y EPS CAGR	N/A	6.34%
Debt to Equity	N/A	4.86%
P/S Ratio	N/A	7.60
P/B Ratio	N/A	2.93

Net Assets

CPNQ

$25M

Winner

BYRE

$26M

Expense Ratio

CPNQ

0.69%

Winner

BYRE

0.60%

Max Drawdown

Winner

CPNQ

3.52%

BYRE

28.16%

Sharpe Ratio

Winner

CPNQ

1.00

BYRE

0.54

5Y Beta

Winner

CPNQ

0.16

BYRE

0.39

P/E Ratio

CPNQ

N/A

BYRE

45.73

Forward P/E

CPNQ

N/A

BYRE

35.35

PEG Ratio

CPNQ

N/A

BYRE

9.88

5Y EPS CAGR

CPNQ

N/A

BYRE

6.34%

Debt to Equity

CPNQ

N/A

BYRE

4.86%

P/S Ratio

CPNQ

N/A

BYRE

7.60

P/B Ratio

CPNQ

N/A

BYRE

2.93

CPNQ vs BYRE - Historical Returns

Returns include dividend reinvestment.

Period	CPNQ	BYRE
1 month	+0.14%	+2.31%
3 months	+1.44%	+5.37%
6 months	+2.73%	+13.21%
1 year	+6.62%	+10.39%
5 years(CAGR)	N/A	+5.36%
Max(CAGR)	+6.75%	+5.36%

CPNQ

+0.14%

Winner

BYRE

+2.31%

CPNQ

+1.44%

Winner

BYRE

+5.37%

CPNQ

+2.73%

Winner

BYRE

+13.21%

CPNQ

+6.62%

Winner

BYRE

+10.39%

5Y(CAGR)

CPNQ

N/A

BYRE

+5.36%

Max(CAGR)

Winner

CPNQ

+6.75%

BYRE

+5.36%

CPNQ vs BYRE - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	CPNQ	BYRE
2026	+3.08%	+15.62%
2025	+7.82%	+3.60%
2024	+0.22%	+3.12%
2023	N/A	+11.08%
2022	N/A	-9.01%

CPNQ vs BYRE Drawdown Comparison

The maximum drawdown for CPNQ was -3.52%, occurring on Apr 4, 2025. Recovery took 61 trading sessions.

The maximum drawdown for BYRE was -25.68%, occurring on Oct 25, 2023. Recovery took 509 trading sessions.

The current CPNQ drawdown is -0.33%. The current BYRE drawdown is -0.61%.

Rank	CPNQ	BYRE
#1	-3.52% Feb 19, 2025 - May 16, 2025	-25.68% Aug 15, 2022 - Aug 23, 2024
#2	-1.52% Jan 28, 2026 - Apr 13, 2026	-15.13% Sep 16, 2024 - Feb 12, 2026
#3	-0.77% May 29, 2026 - Jun 15, 2026	-12.77% May 27, 2022 - Aug 9, 2022
#4	-0.68% Dec 16, 2024 - Jan 17, 2025	-7.76% Mar 2, 2026 - Apr 16, 2026
#5	-0.55% Dec 10, 2025 - Dec 23, 2025	-3.43% May 26, 2026 - Jun 12, 2026
#6	-0.54% Jan 22, 2025 - Feb 5, 2025	-2.79% Apr 20, 2026 - Apr 30, 2026
#7	-0.44% Aug 14, 2025 - Aug 28, 2025	-2.70% Jun 12, 2026 - Jun 26, 2026
#8	-0.44% Jan 7, 2026 - Jan 26, 2026	-2.48% May 6, 2026 - May 20, 2026
#9	-0.44% Jul 28, 2025 - Aug 6, 2025	-2.13% Jun 26, 2026 - Jul 16, 2026
#10	-0.44% Oct 9, 2025 - Oct 20, 2025	-1.68% Feb 17, 2026 - Mar 2, 2026
#11	-0.42% Jun 15, 2026 - Jun 30, 2026	-0.88% Apr 30, 2026 - May 6, 2026
#12	-0.42% May 19, 2025 - May 27, 2025	-0.62% Jul 17, 2026 - Jul 21, 2026
#13	-0.35% Aug 28, 2025 - Sep 4, 2025	-0.61% Jul 21, 2026 - Jul 23, 2026
#14	-0.33% Jul 15, 2026 - Jul 23, 2026	-0.55% Aug 27, 2024 - Aug 30, 2024
#15	-0.32% Nov 12, 2025 - Nov 24, 2025	-0.46% Aug 10, 2022 - Aug 12, 2022