SEPM vs CPNQ

Comparison between FT VEST U.S. EQUITY MAX BUFFER ETF - SEPTEMBER (SEPM, ETF) and CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - DECEMBER (CPNQ, ETF).

SEPM vs CPNQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SEPM(ETF)	CPNQ(ETF)
Net Assets	$32M	$33M
Expense Ratio	0.85%	0.69%
Max Drawdown	3.88%	3.52%
Sharpe Ratio	1.38	1.62
5Y Beta	0.19	0.16

Net Assets

SEPM

$32M

Winner

CPNQ

$33M

Expense Ratio

SEPM

0.85%

Winner

CPNQ

0.69%

Max Drawdown

SEPM

3.88%

Winner

CPNQ

3.52%

Sharpe Ratio

SEPM

1.38

Winner

CPNQ

1.62

5Y Beta

SEPM

0.19

Winner

CPNQ

0.16

SEPM vs CPNQ - Historical Returns

Returns include dividend reinvestment.

Period	SEPM	CPNQ
1 month	+0.55%	+0.36%
3 months	+2.29%	+2.25%
6 months	+3.04%	+2.71%
1 year	+7.54%	+8.40%
Max(CAGR)	+5.99%	+7.08%

Winner

SEPM

+0.55%

CPNQ

+0.36%

Winner

SEPM

+2.29%

CPNQ

+2.25%

Winner

SEPM

+3.04%

CPNQ

+2.71%

SEPM

+7.54%

Winner

CPNQ

+8.40%

Max(CAGR)

SEPM

+5.99%

Winner

CPNQ

+7.08%

SEPM vs CPNQ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	SEPM	CPNQ
2026	+2.64%	+2.68%
2025	+6.52%	+7.82%
2024	+0.82%	+0.22%

SEPM vs CPNQ Drawdown Comparison

The maximum drawdown for SEPM was -3.88%, occurring on Apr 8, 2025. Recovery took 59 trading sessions.

The maximum drawdown for CPNQ was -3.52%, occurring on Apr 4, 2025. Recovery took 61 trading sessions.

The current SEPM drawdown is -0.32%. The current CPNQ drawdown is -0.55%.

Rank	SEPM	CPNQ
#1	-3.88% Feb 19, 2025 - May 14, 2025	-3.52% Feb 19, 2025 - May 16, 2025
#2	-1.82% Feb 25, 2026 - Apr 9, 2026	-1.52% Jan 28, 2026 - Apr 13, 2026
#3	-1.07% Oct 28, 2025 - Dec 3, 2025	-0.68% Dec 16, 2024 - Jan 17, 2025
#4	-0.68% Dec 4, 2024 - Jan 15, 2025	-0.55% May 29, 2026 - Jun 5, 2026
#5	-0.62% May 19, 2025 - Jun 2, 2025	-0.55% Dec 10, 2025 - Dec 23, 2025
#6	-0.56% Oct 8, 2025 - Oct 20, 2025	-0.54% Jan 22, 2025 - Feb 5, 2025
#7	-0.55% Jan 28, 2026 - Feb 9, 2026	-0.44% Aug 14, 2025 - Aug 28, 2025
#8	-0.54% Jan 9, 2026 - Jan 27, 2026	-0.44% Jan 7, 2026 - Jan 26, 2026
#9	-0.50% Oct 18, 2024 - Nov 6, 2024	-0.44% Jul 28, 2025 - Aug 6, 2025
#10	-0.40% Dec 11, 2025 - Dec 19, 2025	-0.44% Oct 9, 2025 - Oct 20, 2025
#11	-0.40% Nov 8, 2024 - Nov 22, 2024	-0.42% May 19, 2025 - May 27, 2025
#12	-0.39% Feb 9, 2026 - Feb 25, 2026	-0.35% Aug 28, 2025 - Sep 4, 2025
#13	-0.37% Jul 28, 2025 - Aug 6, 2025	-0.32% Nov 12, 2025 - Nov 24, 2025
#14	-0.32% Jun 2, 2026 - Jun 5, 2026	-0.26% Dec 6, 2024 - Dec 11, 2024
#15	-0.31% Jun 12, 2025 - Jun 23, 2025	-0.24% Jun 12, 2025 - Jun 16, 2025