CPRJ vs QSU

Comparison between Calamos Russell 2000 Structured Alt Protection ETF July (CPRJ, ETF) and Defiance Daily Target 2X Long QS ETF (QSU, ETF).

CPRJ vs QSU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPRJ(ETF)	QSU(ETF)
Net Assets	$23M	$23M
Expense Ratio	0.69%	N/A
Max Drawdown	6.25%	92.77%
Sharpe Ratio	1.02	-1.48
5Y Beta	0.21	6.13

Net Assets

CPRJ

$23M

QSU

$23M

Expense Ratio

CPRJ

0.69%

QSU

N/A

Max Drawdown

Winner

CPRJ

6.25%

QSU

92.77%

Sharpe Ratio

Winner

CPRJ

1.02

QSU

-1.48

5Y Beta

Winner

CPRJ

0.21

QSU

6.13

CPRJ vs QSU - Historical Returns

Returns include dividend reinvestment.

Period	CPRJ	QSU
1 month	+0.40%	-36.68%
3 months	+2.54%	-16.73%
6 months	+3.11%	-76.67%
1 year	+8.57%	N/A
Max(CAGR)	+6.66%	-96.82%

Winner

CPRJ

+0.40%

QSU

-36.68%

Winner

CPRJ

+2.54%

QSU

-16.73%

Winner

CPRJ

+3.11%

QSU

-76.67%

CPRJ

+8.57%

QSU

N/A

Max(CAGR)

Winner

CPRJ

+6.66%

QSU

-96.82%

CPRJ vs QSU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CPRJ	QSU
2026	+2.87%	-72.36%
2025	+5.01%	-64.53%
2024	+4.75%	N/A

CPRJ vs QSU Drawdown Comparison

The maximum drawdown for CPRJ was -6.25%, occurring on Apr 8, 2025. Recovery took 105 trading sessions.

The maximum drawdown for QSU was -92.77%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current CPRJ drawdown is -0.00%. The current QSU drawdown is -91.57%.

Rank	CPRJ	QSU
#1	-6.25% Feb 5, 2025 - Jul 9, 2025	-92.77% Oct 31, 2025 - Mar 30, 2026
#2	-1.74% Dec 4, 2024 - Jan 30, 2025	-25.60% Oct 21, 2025 - Oct 24, 2025
#3	-1.67% Jul 16, 2024 - Aug 23, 2024	-14.00% Oct 24, 2025 - Oct 31, 2025
#4	-1.20% Aug 30, 2024 - Sep 17, 2024	N/A
#5	-1.07% Oct 24, 2025 - Nov 26, 2025	N/A
#6	-1.04% Feb 26, 2026 - Apr 8, 2026	N/A
#7	-0.94% Nov 11, 2024 - Nov 25, 2024	N/A
#8	-0.69% Oct 17, 2024 - Nov 6, 2024	N/A
#9	-0.68% Jul 23, 2025 - Aug 12, 2025	N/A
#10	-0.59% Sep 19, 2024 - Oct 14, 2024	N/A
#11	-0.57% Jan 30, 2025 - Feb 5, 2025	N/A
#12	-0.43% Jul 10, 2025 - Jul 22, 2025	N/A
#13	-0.40% Oct 8, 2025 - Oct 14, 2025	N/A
#14	-0.39% Aug 13, 2025 - Aug 22, 2025	N/A
#15	-0.36% Sep 22, 2025 - Oct 1, 2025	N/A

Correlation

Correlation between CPRJ and QSU is -0.70 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.70

-101