QQQS vs CPSP

Comparison between INVESCO NASDAQ FUTURE GEN 200 ETF (QQQS, ETF) and Calamos S&P 500 Structured Alt Protection ETF April (CPSP, ETF).

QQQS vs CPSP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QQQS(ETF)	CPSP(ETF)
Net Assets	$19M	$19M
Expense Ratio	0.20%	0.69%
Max Drawdown	38.69%	1.73%
Sharpe Ratio	1.82	2.00
5Y Beta	1.40	0.11
P/E Ratio	-5.90	N/A
Forward P/E	14.12	N/A
5Y EPS CAGR	-1.57%	N/A
Debt to Equity	-32.61%	N/A
P/S Ratio	0.81	N/A
P/B Ratio	1.94	N/A

Net Assets

QQQS

$19M

Winner

CPSP

$19M

Expense Ratio

Winner

QQQS

0.20%

CPSP

0.69%

Max Drawdown

QQQS

38.69%

Winner

CPSP

1.73%

Sharpe Ratio

QQQS

1.82

Winner

CPSP

2.00

5Y Beta

QQQS

1.40

Winner

CPSP

0.11

P/E Ratio

QQQS

-5.90

CPSP

N/A

Forward P/E

QQQS

14.12

CPSP

N/A

5Y EPS CAGR

QQQS

-1.57%

CPSP

N/A

Debt to Equity

QQQS

-32.61%

CPSP

N/A

P/S Ratio

QQQS

0.81

CPSP

N/A

P/B Ratio

QQQS

1.94

CPSP

N/A

QQQS vs CPSP - Historical Returns

Returns include dividend reinvestment.

Period	QQQS	CPSP
1 month	+0.15%	+0.24%
3 months	+22.05%	+2.13%
6 months	+21.38%	+3.47%
1 year	+66.59%	+6.63%
Max(CAGR)	+16.41%	+7.20%

QQQS

+0.15%

Winner

CPSP

+0.24%

Winner

QQQS

+22.05%

CPSP

+2.13%

Winner

QQQS

+21.38%

CPSP

+3.47%

Winner

QQQS

+66.59%

CPSP

+6.63%

Max(CAGR)

Winner

QQQS

+16.41%

CPSP

+7.20%

QQQS vs CPSP - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	QQQS	CPSP
2026	+22.48%	+2.99%
2025	+21.44%	+5.46%
2024	+10.12%	N/A
2023	-1.65%	N/A
2022	+6.56%	N/A

QQQS vs CPSP Drawdown Comparison

The maximum drawdown for QQQS was -38.06%, occurring on Oct 27, 2023. Recovery took 653 trading sessions.

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

The current QQQS drawdown is -5.67%. The current CPSP drawdown is -0.24%.

Rank	QQQS	CPSP
#1	-38.06% Feb 2, 2023 - Sep 11, 2025	-1.73% Apr 2, 2025 - Apr 29, 2025
#2	-13.63% Jan 22, 2026 - Apr 14, 2026	-0.38% May 16, 2025 - May 30, 2025
#3	-12.76% Oct 27, 2025 - Dec 10, 2025	-0.37% Nov 11, 2025 - Nov 25, 2025
#4	-10.28% Nov 15, 2022 - Jan 9, 2023	-0.36% Jun 12, 2025 - Jun 23, 2025
#5	-9.70% May 28, 2026 - Jun 10, 2026	-0.30% Jun 4, 2026 - Jun 10, 2026
#6	-6.73% Nov 1, 2022 - Nov 11, 2022	-0.25% Aug 13, 2025 - Aug 22, 2025
#7	-6.13% May 11, 2026 - May 22, 2026	-0.23% Oct 6, 2025 - Oct 20, 2025
#8	-5.21% Oct 8, 2025 - Oct 15, 2025	-0.17% Oct 27, 2025 - Nov 10, 2025
#9	-5.17% Dec 11, 2025 - Jan 6, 2026	-0.16% Jul 25, 2025 - Aug 4, 2025
#10	-3.66% Oct 20, 2025 - Oct 27, 2025	-0.16% Aug 27, 2025 - Sep 4, 2025
#11	-3.35% Jan 13, 2023 - Jan 23, 2023	-0.16% Sep 15, 2025 - Sep 17, 2025
#12	-3.13% Oct 18, 2022 - Oct 25, 2022	-0.15% Mar 4, 2026 - Mar 10, 2026
#13	-2.90% Apr 20, 2026 - Apr 30, 2026	-0.15% May 14, 2026 - May 26, 2026
#14	-2.84% Oct 15, 2025 - Oct 20, 2025	-0.14% Oct 21, 2025 - Oct 24, 2025
#15	-2.41% Oct 13, 2022 - Oct 17, 2022	-0.13% Feb 2, 2026 - Feb 6, 2026