CPSJ vs ORCU

Comparison between CALAMOS S&P 500 STRUCTURED ALT PROTECTION ETF - JULY (CPSJ, ETF) and Direxion Daily ORCL Bull 2X ETF (ORCU, ETF).

CPSJ vs ORCU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPSJ(ETF)	ORCU(ETF)
Net Assets	$42M	$42M
Expense Ratio	0.69%	N/A
Max Drawdown	5.36%	78.63%
Sharpe Ratio	1.03	-1.27
5Y Beta	0.23	3.94

Net Assets

CPSJ

$42M

Winner

ORCU

$42M

Expense Ratio

CPSJ

0.69%

ORCU

N/A

Max Drawdown

Winner

CPSJ

5.36%

ORCU

78.63%

Sharpe Ratio

Winner

CPSJ

1.03

ORCU

-1.27

5Y Beta

Winner

CPSJ

0.23

ORCU

3.94

CPSJ vs ORCU - Historical Returns

Returns include dividend reinvestment.

Period	CPSJ	ORCU
1 month	+0.33%	-49.20%
3 months	+1.50%	-56.54%
6 months	+2.86%	-57.36%
1 year	+5.93%	N/A
Max(CAGR)	+7.24%	-88.44%

Winner

CPSJ

+0.33%

ORCU

-49.20%

Winner

CPSJ

+1.50%

ORCU

-56.54%

Winner

CPSJ

+2.86%

ORCU

-57.36%

CPSJ

+5.93%

ORCU

N/A

Max(CAGR)

Winner

CPSJ

+7.24%

ORCU

-88.44%

CPSJ vs ORCU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CPSJ	ORCU
2026	+3.14%	-66.71%
2025	+7.28%	-29.41%
2024	+4.14%	N/A

CPSJ vs ORCU Drawdown Comparison

The maximum drawdown for CPSJ was -5.36%, occurring on Apr 8, 2025. Recovery took 57 trading sessions.

The maximum drawdown for ORCU was -78.32%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current CPSJ drawdown is -0.18%. The current ORCU drawdown is -76.34%.

Rank	CPSJ	ORCU
#1	-5.36% Feb 20, 2025 - May 13, 2025	-78.32% Nov 19, 2025 - Jul 20, 2026
#2	-1.48% Jul 16, 2024 - Aug 15, 2024	N/A
#3	-1.38% Feb 25, 2026 - Apr 8, 2026	N/A
#4	-1.10% May 16, 2025 - Jun 2, 2025	N/A
#5	-0.94% Aug 30, 2024 - Sep 16, 2024	N/A
#6	-0.77% Oct 27, 2025 - Nov 28, 2025	N/A
#7	-0.74% Dec 16, 2024 - Jan 16, 2025	N/A
#8	-0.65% Sep 25, 2024 - Oct 14, 2024	N/A
#9	-0.61% Oct 22, 2024 - Nov 6, 2024	N/A
#10	-0.61% Jan 24, 2025 - Feb 11, 2025	N/A
#11	-0.50% Nov 11, 2024 - Nov 25, 2024	N/A
#12	-0.44% Jun 16, 2025 - Jun 23, 2025	N/A
#13	-0.42% Jun 10, 2025 - Jun 16, 2025	N/A
#14	-0.34% Jul 25, 2025 - Aug 8, 2025	N/A
#15	-0.27% Jul 15, 2026 - Jul 20, 2026	N/A

Correlation

Correlation between CPSJ and ORCU is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

-101