CPSN vs DAMD

Comparison between CALAMOS S&P 500 STRUCTURED ALT PROTECTION ETF - JULY (CPSN, ETF) and Defiance Daily Target 2X Short AMD ETF (DAMD, ETF).

CPSN vs DAMD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPSN(ETF)	DAMD(ETF)
Net Assets	$35M	$35M
Expense Ratio	0.69%	N/A
Max Drawdown	87.50%	93.52%
Sharpe Ratio	1.36	-2.12
5Y Beta	0.16	-6.13

Net Assets

CPSN

$35M

DAMD

$35M

Expense Ratio

CPSN

0.69%

DAMD

N/A

Max Drawdown

Winner

CPSN

87.50%

DAMD

93.52%

Sharpe Ratio

Winner

CPSN

1.36

DAMD

-2.12

5Y Beta

CPSN

0.16

Winner

DAMD

-6.13

CPSN vs DAMD - Historical Returns

Returns include dividend reinvestment.

Period	CPSN	DAMD
1 month	+0.43%	-33.89%
3 months	+2.60%	-91.21%
6 months	+2.84%	-92.46%
1 year	+6.80%	N/A
5 years(CAGR)	+94.12%	N/A
Max(CAGR)	+43.20%	-98.26%

Winner

CPSN

+0.43%

DAMD

-33.89%

Winner

CPSN

+2.60%

DAMD

-91.21%

Winner

CPSN

+2.84%

DAMD

-92.46%

CPSN

+6.80%

DAMD

N/A

5Y(CAGR)

CPSN

+94.12%

DAMD

N/A

Max(CAGR)

Winner

CPSN

+43.20%

DAMD

-98.26%

CPSN vs DAMD - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	CPSN	DAMD
2026	+2.54%	-91.29%
2025	+6.19%	+22.15%
2024	+0.82%	N/A
2022	+0.00%	N/A
2021	-37.50%	N/A
2020	-20.00%	N/A
2019	+8.70%	N/A
2018	+56.97%	N/A

CPSN vs DAMD Drawdown Comparison

The maximum drawdown for CPSN was -87.50%, occurring on Sep 7, 2021. Recovery took 618 trading sessions.

The maximum drawdown for DAMD was -93.52%, occurring on Jun 3, 2026. This drawdown has not yet recovered.

The current CPSN drawdown is -0.15%. The current DAMD drawdown is -93.28%.

Rank	CPSN	DAMD
#1	-87.50% Aug 27, 2018 - Nov 1, 2024	-93.52% Dec 17, 2025 - Jun 3, 2026
#2	-6.40% Aug 15, 2018 - Aug 17, 2018	-17.45% Nov 21, 2025 - Dec 17, 2025
#3	-3.23% Feb 19, 2025 - May 14, 2025	N/A
#4	-1.63% Feb 9, 2026 - Apr 13, 2026	N/A
#5	-1.46% Aug 17, 2018 - Aug 21, 2018	N/A
#6	-0.61% Jun 2, 2026 - Jun 10, 2026	N/A
#7	-0.61% Aug 7, 2018 - Aug 9, 2018	N/A
#8	-0.60% Nov 11, 2025 - Nov 26, 2025	N/A
#9	-0.60% May 19, 2025 - Jun 3, 2025	N/A
#10	-0.51% Dec 16, 2024 - Dec 24, 2024	N/A
#11	-0.49% Jan 6, 2025 - Jan 17, 2025	N/A
#12	-0.41% Jan 24, 2025 - Feb 6, 2025	N/A
#13	-0.39% Jan 28, 2026 - Feb 9, 2026	N/A
#14	-0.37% Jan 12, 2026 - Jan 26, 2026	N/A
#15	-0.37% Dec 24, 2024 - Jan 6, 2025	N/A

Correlation

Correlation between CPSN and DAMD is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

-101