KWIN vs CPSM

Comparison between KraneShares Wahed Alternative Income Index ETF (KWIN, ETF) and CALAMOS S&P 500 STRUCTURED ALT PROTECTION ETF - MAY (CPSM, ETF).

KWIN vs CPSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KWIN(ETF)	CPSM(ETF)
Net Assets	$56M	$56M
Expense Ratio	0.51%	0.69%
Max Drawdown	1.58%	5.19%
Sharpe Ratio	-0.02	0.70
5Y Beta	0.00	0.24
P/E Ratio	52.76	N/A
Forward P/E	28.90	N/A
PEG Ratio	1.57	N/A
5Y EPS CAGR	24.46%	N/A
Debt to Equity	-18.23%	N/A
P/S Ratio	5.79	N/A
P/B Ratio	8.90	N/A

Net Assets

KWIN

$56M

CPSM

$56M

Expense Ratio

Winner

KWIN

0.51%

CPSM

0.69%

Max Drawdown

Winner

KWIN

1.58%

CPSM

5.19%

Sharpe Ratio

KWIN

-0.02

Winner

CPSM

0.70

5Y Beta

Winner

KWIN

0.00

CPSM

0.24

P/E Ratio

KWIN

52.76

CPSM

N/A

Forward P/E

KWIN

28.90

CPSM

N/A

PEG Ratio

KWIN

1.57

CPSM

N/A

5Y EPS CAGR

KWIN

24.46%

CPSM

N/A

Debt to Equity

KWIN

-18.23%

CPSM

N/A

P/S Ratio

KWIN

5.79

CPSM

N/A

P/B Ratio

KWIN

8.90

CPSM

N/A

KWIN vs CPSM - Historical Returns

Returns include dividend reinvestment.

Period	KWIN	CPSM
1 month	+0.23%	+0.39%
3 months	+0.66%	+1.01%
6 months	+1.21%	+2.30%
1 year	N/A	+5.07%
Max(CAGR)	+3.60%	+7.41%

KWIN

+0.23%

Winner

CPSM

+0.39%

KWIN

+0.66%

Winner

CPSM

+1.01%

KWIN

+1.21%

Winner

CPSM

+2.30%

KWIN

N/A

CPSM

+5.07%

Max(CAGR)

KWIN

+3.60%

Winner

CPSM

+7.41%

KWIN vs CPSM - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	KWIN	CPSM
2026	+1.72%	+2.44%
2025	+0.87%	+6.93%
2024	N/A	+6.67%

KWIN vs CPSM Drawdown Comparison

The maximum drawdown for KWIN was -1.58%, occurring on Jul 15, 2026. This drawdown has not yet recovered.

The maximum drawdown for CPSM was -5.19%, occurring on Apr 8, 2025. Recovery took 47 trading sessions.

The current KWIN drawdown is -1.39%. The current CPSM drawdown is -0.04%.

Rank	KWIN	CPSM
#1	-1.58% Jul 2, 2026 - Jul 15, 2026	-5.19% Feb 19, 2025 - Apr 28, 2025
#2	-0.93% Nov 25, 2025 - Feb 4, 2026	-1.16% Jul 15, 2024 - Aug 13, 2024
#3	-0.83% Nov 19, 2025 - Nov 21, 2025	-0.59% Aug 30, 2024 - Sep 12, 2024
#4	-0.47% Feb 17, 2026 - Mar 4, 2026	-0.49% Jun 2, 2026 - Jul 6, 2026
#5	-0.43% Mar 18, 2026 - Apr 6, 2026	-0.45% Sep 25, 2024 - Oct 14, 2024
#6	-0.31% Mar 4, 2026 - Mar 11, 2026	-0.45% Nov 11, 2025 - Nov 26, 2025
#7	-0.29% May 28, 2026 - Jul 2, 2026	-0.43% Dec 16, 2024 - Dec 24, 2024
#8	-0.26% Apr 28, 2026 - May 11, 2026	-0.38% Mar 23, 2026 - Apr 1, 2026
#9	-0.25% May 20, 2026 - May 28, 2026	-0.35% May 28, 2024 - Jun 5, 2024
#10	-0.24% Feb 9, 2026 - Feb 17, 2026	-0.35% Jan 6, 2025 - Jan 15, 2025
#11	-0.22% Apr 17, 2026 - Apr 23, 2026	-0.31% Jan 24, 2025 - Feb 10, 2025
#12	-0.20% May 11, 2026 - May 18, 2026	-0.31% Aug 21, 2024 - Aug 23, 2024
#13	-0.17% Apr 10, 2026 - Apr 17, 2026	-0.30% Oct 14, 2024 - Oct 28, 2024
#14	-0.14% Apr 6, 2026 - Apr 10, 2026	-0.29% Aug 27, 2024 - Aug 30, 2024
#15	-0.13% Nov 6, 2025 - Nov 11, 2025	-0.27% May 15, 2024 - May 28, 2024