CPSO vs TOPC

Comparison between S&P 500 Structured Alt Protection ETF - October (CPSO, ETF) and iShares S&P 500 3 Capped ETF (TOPC, ETF).

CPSO vs TOPC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPSO(ETF)	TOPC(ETF)
Net Assets	$26M	$26M
Expense Ratio	0.69%	0.09%
Max Drawdown	3.23%	8.26%
Sharpe Ratio	1.46	1.54
5Y Beta	0.16	0.93
P/E Ratio	N/A	28.05
Forward P/E	N/A	21.58
5Y EPS CAGR	N/A	20.50%
Debt to Equity	N/A	33.14%
P/S Ratio	N/A	3.26
P/B Ratio	N/A	4.94

Net Assets

CPSO

$26M

Winner

TOPC

$26M

Expense Ratio

CPSO

0.69%

Winner

TOPC

0.09%

Max Drawdown

Winner

CPSO

3.23%

TOPC

8.26%

Sharpe Ratio

CPSO

1.46

Winner

TOPC

1.54

5Y Beta

Winner

CPSO

0.16

TOPC

0.93

P/E Ratio

CPSO

N/A

TOPC

28.05

Forward P/E

CPSO

N/A

TOPC

21.58

5Y EPS CAGR

CPSO

N/A

TOPC

20.50%

Debt to Equity

CPSO

N/A

TOPC

33.14%

P/S Ratio

CPSO

N/A

TOPC

3.26

P/B Ratio

CPSO

N/A

TOPC

4.94

CPSO vs TOPC - Historical Returns

Returns include dividend reinvestment.

Period	CPSO	TOPC
1 month	+0.51%	+1.82%
3 months	+2.06%	+7.09%
6 months	+2.72%	+8.46%
1 year	+7.02%	+23.94%
Max(CAGR)	+5.69%	+33.18%

CPSO

+0.51%

Winner

TOPC

+1.82%

CPSO

+2.06%

Winner

TOPC

+7.09%

CPSO

+2.72%

Winner

TOPC

+8.46%

CPSO

+7.02%

Winner

TOPC

+23.94%

Max(CAGR)

CPSO

+5.69%

Winner

TOPC

+33.18%

CPSO vs TOPC - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CPSO	TOPC
2026	+2.46%	+8.36%
2025	+6.09%	+27.46%
2024	+0.77%	N/A

CPSO vs TOPC Drawdown Comparison

The maximum drawdown for CPSO was -3.23%, occurring on Apr 7, 2025. Recovery took 60 trading sessions.

The maximum drawdown for TOPC was -8.04%, occurring on Mar 30, 2026. Recovery took 49 trading sessions.

The current CPSO drawdown is -0.25%. The current TOPC drawdown is -2.84%.

Rank	CPSO	TOPC
#1	-3.23% Feb 19, 2025 - May 15, 2025	-8.04% Feb 2, 2026 - Apr 14, 2026
#2	-1.45% Feb 25, 2026 - Apr 9, 2026	-5.04% Oct 27, 2025 - Dec 10, 2025
#3	-0.89% Oct 27, 2025 - Dec 3, 2025	-2.92% Oct 8, 2025 - Oct 24, 2025
#4	-0.56% Oct 18, 2024 - Nov 7, 2024	-2.84% Jun 2, 2026 - Jun 5, 2026
#5	-0.52% Dec 16, 2024 - Jan 6, 2025	-2.53% May 19, 2025 - Jun 3, 2025
#6	-0.49% May 19, 2025 - May 30, 2025	-2.53% Jul 25, 2025 - Aug 12, 2025
#7	-0.47% Jan 24, 2025 - Feb 6, 2025	-2.25% Jan 12, 2026 - Jan 29, 2026
#8	-0.44% Jan 28, 2026 - Feb 9, 2026	-2.24% Apr 17, 2025 - Apr 22, 2025
#9	-0.39% Jan 6, 2025 - Jan 15, 2025	-2.08% Dec 11, 2025 - Dec 23, 2025
#10	-0.36% Jul 28, 2025 - Aug 6, 2025	-1.79% May 14, 2026 - May 22, 2026
#11	-0.35% Nov 13, 2024 - Nov 26, 2024	-1.34% Dec 24, 2025 - Jan 6, 2026
#12	-0.31% Feb 9, 2026 - Feb 25, 2026	-1.27% Sep 22, 2025 - Oct 1, 2025
#13	-0.30% Oct 6, 2025 - Oct 20, 2025	-1.25% Jun 12, 2025 - Jun 24, 2025
#14	-0.29% Nov 29, 2024 - Dec 3, 2024	-1.16% May 2, 2025 - May 12, 2025
#15	-0.27% Jan 13, 2026 - Jan 22, 2026	-1.14% Aug 13, 2025 - Aug 22, 2025