SKF vs CPNM

Comparison between ProShares UltraShort Financials -2x Shares (SKF, ETF) and CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - MARCH (CPNM, ETF).

SKF vs CPNM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SKF(ETF)	CPNM(ETF)
Net Assets	$15M	$15M
Expense Ratio	N/A	0.69%
Max Drawdown	99.96%	1.91%
Sharpe Ratio	-0.14	1.80
5Y Beta	-1.58	0.13
5Y Dividends CAGR	63.24%	N/A

Net Assets

SKF

$15M

CPNM

$15M

Expense Ratio

SKF

N/A

CPNM

0.69%

Max Drawdown

SKF

99.96%

Winner

CPNM

1.91%

Sharpe Ratio

SKF

-0.14

Winner

CPNM

1.80

5Y Beta

Winner

SKF

-1.58

CPNM

0.13

5Y Dividends CAGR

SKF

63.24%

CPNM

N/A

SKF vs CPNM - Historical Returns

Returns include dividend reinvestment.

Period	SKF	CPNM
1 month	-6.16%	+0.29%
3 months	-16.34%	+2.15%
6 months	+5.64%	+3.32%
1 year	-7.52%	+7.50%
5 years(CAGR)	-17.04%	N/A
10 years(CAGR)	-26.93%	N/A
Max(CAGR)	-27.78%	+7.46%

SKF

-6.16%

Winner

CPNM

+0.29%

SKF

-16.34%

Winner

CPNM

+2.15%

Winner

SKF

+5.64%

CPNM

+3.32%

SKF

-7.52%

Winner

CPNM

+7.50%

5Y(CAGR)

SKF

-17.04%

CPNM

N/A

10Y(CAGR)

SKF

-26.93%

CPNM

N/A

Max(CAGR)

SKF

-27.78%

Winner

CPNM

+7.46%

SKF vs CPNM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SKF	CPNM
2026	+6.04%	+2.76%
2025	-24.30%	+6.65%
2024	-35.90%	N/A
2023	-21.44%	N/A
2022	+19.51%	N/A
2021	-49.39%	N/A
2020	-41.89%	N/A
2019	-42.79%	N/A
2018	+15.71%	N/A
2017	-30.54%	N/A
2016	-35.77%	N/A
2015	-8.42%	N/A
2014	-28.79%	N/A
2013	-45.36%	N/A
2012	-40.87%	N/A
2011	-1.63%	N/A
2010	-33.15%	N/A
2009	-76.26%	N/A
2008	-0.96%	N/A
2007	+48.94%	N/A

SKF vs CPNM Drawdown Comparison

The maximum drawdown for SKF was -99.96%, occurring on Jan 6, 2026. This drawdown has not yet recovered.

The maximum drawdown for CPNM was -1.91%, occurring on Apr 4, 2025. Recovery took 41 trading sessions.

The current SKF drawdown is -99.95%. The current CPNM drawdown is -0.21%.

Rank	SKF	CPNM
#1	-99.96% Nov 20, 2008 - Jan 6, 2026	-1.91% Mar 5, 2025 - May 2, 2025
#2	-52.64% Jul 15, 2008 - Nov 19, 2008	-1.03% Mar 10, 2026 - Apr 8, 2026
#3	-33.69% Mar 10, 2008 - Jun 23, 2008	-0.64% Oct 29, 2025 - Nov 25, 2025
#4	-28.73% Jan 18, 2008 - Mar 6, 2008	-0.52% Jun 2, 2026 - Jun 10, 2026
#5	-22.48% Nov 26, 2007 - Jan 4, 2008	-0.38% Aug 14, 2025 - Aug 28, 2025
#6	-21.75% Aug 15, 2007 - Nov 2, 2007	-0.37% Feb 2, 2026 - Feb 9, 2026
#7	-15.04% Mar 13, 2007 - Jul 24, 2007	-0.34% Oct 8, 2025 - Oct 20, 2025
#8	-12.79% Aug 3, 2007 - Aug 15, 2007	-0.28% May 19, 2025 - May 27, 2025
#9	-11.89% Jul 7, 2008 - Jul 11, 2008	-0.24% Jul 29, 2025 - Aug 4, 2025
#10	-10.60% Nov 7, 2007 - Nov 19, 2007	-0.23% Aug 28, 2025 - Sep 5, 2025
#11	-8.38% Jan 8, 2008 - Jan 17, 2008	-0.21% May 2, 2025 - May 12, 2025
#12	-5.27% Mar 5, 2007 - Mar 13, 2007	-0.19% May 14, 2026 - May 20, 2026
#13	-4.84% Nov 21, 2007 - Nov 26, 2007	-0.19% Jun 16, 2025 - Jun 23, 2025
#14	-4.41% Feb 12, 2007 - Feb 26, 2007	-0.17% Jan 12, 2026 - Jan 22, 2026
#15	-2.82% Nov 5, 2007 - Nov 7, 2007	-0.17% Dec 22, 2025 - Dec 24, 2025

Correlation

Correlation between SKF and CPNM is -0.44 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.44

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