CPSP vs FBUF

Comparison between Calamos S&P 500 Structured Alt Protection ETF April (CPSP, ETF) and Fidelity Dynamic Buffered Equity ETF (FBUF, ETF).

CPSP vs FBUF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPSP(ETF)	FBUF(ETF)
Net Assets	$19M	$19M
Expense Ratio	0.69%	0.48%
Max Drawdown	1.73%	11.28%
Sharpe Ratio	2.28	1.64
5Y Beta	0.11	0.56
P/E Ratio	N/A	26.81
Forward P/E	N/A	21.19
PEG Ratio	N/A	0.24
5Y EPS CAGR	N/A	29.41%
Debt to Equity	N/A	49.90%
P/S Ratio	N/A	3.68
P/B Ratio	N/A	5.62

Net Assets

CPSP

$19M

Winner

FBUF

$19M

Expense Ratio

CPSP

0.69%

Winner

FBUF

0.48%

Max Drawdown

Winner

CPSP

1.73%

FBUF

11.28%

Sharpe Ratio

Winner

CPSP

2.28

FBUF

1.64

5Y Beta

Winner

CPSP

0.11

FBUF

0.56

P/E Ratio

CPSP

N/A

FBUF

26.81

Forward P/E

CPSP

N/A

FBUF

21.19

PEG Ratio

CPSP

N/A

FBUF

0.24

5Y EPS CAGR

CPSP

N/A

FBUF

29.41%

Debt to Equity

CPSP

N/A

FBUF

49.90%

P/S Ratio

CPSP

N/A

FBUF

3.68

P/B Ratio

CPSP

N/A

FBUF

5.62

CPSP vs FBUF - Historical Returns

Returns include dividend reinvestment.

Period	CPSP	FBUF
1 month	+0.43%	+0.62%
3 months	+2.24%	+2.90%
6 months	+3.46%	+4.08%
1 year	+7.11%	+17.52%
Max(CAGR)	+7.37%	+12.94%

CPSP

+0.43%

Winner

FBUF

+0.62%

CPSP

+2.24%

Winner

FBUF

+2.90%

CPSP

+3.46%

Winner

FBUF

+4.08%

CPSP

+7.11%

Winner

FBUF

+17.52%

Max(CAGR)

CPSP

+7.37%

Winner

FBUF

+12.94%

CPSP vs FBUF - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CPSP	FBUF
2026	+3.05%	+3.47%
2025	+5.46%	+14.10%
2024	N/A	+10.12%

CPSP vs FBUF Drawdown Comparison

The maximum drawdown for CPSP was -1.73%, occurring on Apr 8, 2025. Recovery took 18 trading sessions.

The maximum drawdown for FBUF was -11.09%, occurring on Apr 8, 2025. Recovery took 89 trading sessions.

The current CPSP drawdown is -0.19%. The current FBUF drawdown is -1.98%.

Rank	CPSP	FBUF
#1	-1.73% Apr 2, 2025 - Apr 29, 2025	-11.09% Feb 19, 2025 - Jun 27, 2025
#2	-0.38% May 16, 2025 - May 30, 2025	-5.61% Feb 2, 2026 - Apr 30, 2026
#3	-0.37% Nov 11, 2025 - Nov 25, 2025	-4.66% Jul 16, 2024 - Aug 27, 2024
#4	-0.36% Jun 12, 2025 - Jun 23, 2025	-3.31% Nov 12, 2025 - Dec 3, 2025
#5	-0.25% Aug 13, 2025 - Aug 22, 2025	-2.80% Dec 6, 2024 - Feb 14, 2025
#6	-0.23% Oct 6, 2025 - Oct 20, 2025	-2.64% Aug 30, 2024 - Sep 19, 2024
#7	-0.19% Jun 4, 2026 - Jun 5, 2026	-2.52% Apr 11, 2024 - May 14, 2024
#8	-0.17% Oct 27, 2025 - Nov 10, 2025	-2.16% Oct 6, 2025 - Oct 20, 2025
#9	-0.16% Jul 25, 2025 - Aug 4, 2025	-1.98% Jun 1, 2026 - Jun 5, 2026
#10	-0.16% Aug 27, 2025 - Sep 4, 2025	-1.92% Jan 9, 2026 - Jan 26, 2026
#11	-0.16% Sep 15, 2025 - Sep 17, 2025	-1.68% Dec 11, 2025 - Dec 22, 2025
#12	-0.15% Mar 4, 2026 - Mar 10, 2026	-1.51% Nov 11, 2024 - Nov 26, 2024
#13	-0.15% May 14, 2026 - May 26, 2026	-1.36% Nov 3, 2025 - Nov 11, 2025
#14	-0.14% Oct 21, 2025 - Oct 24, 2025	-1.32% Jul 28, 2025 - Aug 6, 2025
#15	-0.13% Feb 2, 2026 - Feb 6, 2026	-1.16% Oct 18, 2024 - Nov 6, 2024