CPSY vs SDMF

Comparison between Calamos S&P 500 Structured Alt Protection ETF January (CPSY, ETF) and SIMPLIFY DBI CTA MANAGED FUTURES INDEX ETF (SDMF, ETF).

CPSY vs SDMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPSY(ETF)	SDMF(ETF)
Net Assets	$26M	$26M
Expense Ratio	0.69%	0.35%
Max Drawdown	3.01%	6.23%
Sharpe Ratio	1.57	0.13
5Y Beta	0.15	0.08

Net Assets

CPSY

$26M

SDMF

$26M

Expense Ratio

CPSY

0.69%

Winner

SDMF

0.35%

Max Drawdown

Winner

CPSY

3.01%

SDMF

6.23%

Sharpe Ratio

Winner

CPSY

1.57

SDMF

0.13

5Y Beta

CPSY

0.15

Winner

SDMF

0.08

CPSY vs SDMF - Historical Returns

Returns include dividend reinvestment.

Period	CPSY	SDMF
1 month	+0.29%	-0.46%
3 months	+2.09%	+0.23%
6 months	+2.50%	N/A
1 year	+7.01%	N/A
Max(CAGR)	+6.27%	+4.69%

Winner

CPSY

+0.29%

SDMF

-0.46%

Winner

CPSY

+2.09%

SDMF

+0.23%

CPSY

+2.50%

SDMF

N/A

CPSY

+7.01%

SDMF

N/A

Max(CAGR)

Winner

CPSY

+6.27%

SDMF

+4.69%

CPSY vs SDMF - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	CPSY	SDMF
2026	+1.99%	+1.43%
2025	+6.83%	N/A

CPSY vs SDMF Drawdown Comparison

The maximum drawdown for CPSY was -3.01%, occurring on Apr 8, 2025. Recovery took 62 trading sessions.

The maximum drawdown for SDMF was -6.23%, occurring on Mar 23, 2026. Recovery took 64 trading sessions.

The current CPSY drawdown is -0.19%. The current SDMF drawdown is -1.88%.

Rank	CPSY	SDMF
#1	-3.01% Feb 14, 2025 - May 15, 2025	-6.23% Feb 27, 2026 - Jun 1, 2026
#2	-1.35% Feb 10, 2026 - Apr 13, 2026	-2.40% Jun 3, 2026 - Jun 5, 2026
#3	-0.56% Nov 11, 2025 - Nov 25, 2025	-0.23% Feb 25, 2026 - Feb 27, 2026
#4	-0.53% May 19, 2025 - Jun 2, 2025	-0.03% Feb 20, 2026 - Feb 24, 2026
#5	-0.47% Jun 4, 2026 - Jun 10, 2026	N/A
#6	-0.40% Oct 9, 2025 - Oct 20, 2025	N/A
#7	-0.39% Jul 25, 2025 - Aug 8, 2025	N/A
#8	-0.38% Jan 8, 2025 - Jan 15, 2025	N/A
#9	-0.38% Jan 21, 2025 - Feb 13, 2025	N/A
#10	-0.30% Jan 27, 2026 - Feb 9, 2026	N/A
#11	-0.30% Jan 9, 2026 - Jan 27, 2026	N/A
#12	-0.29% Jun 12, 2025 - Jun 16, 2025	N/A
#13	-0.24% Dec 15, 2025 - Dec 23, 2025	N/A
#14	-0.24% Jun 16, 2025 - Jun 23, 2025	N/A
#15	-0.23% Jul 3, 2025 - Jul 11, 2025	N/A