CPNJ vs OVQ
Calamos Nasdaq-100 Structured Alt Protection ETF - June vs Overlay Shares Nasdaq 100 Income ETF
Which is better, CPNJ or OVQ?
CPNJ costs less.
CPNJ has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CPNJ | OVQ |
|---|---|---|
| Expense Ratio | 0.69%Best | 0.97% |
| AUM | $44M | $33M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 5 | 2 |
| YTD Return | +1.71%Best | -3.77% |
| 1Y Return | +2.82% | - |
| Fund Family | Calamos Investments | Overlay Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 3, 2024 | Oct 23, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
CPNJ vs OVQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
CPNJ vs OVQ Performance
Calamos Nasdaq-100 Structured Alt Protection ETF - June (CPNJ) is an ETF from Calamos Investments and Overlay Shares Nasdaq 100 Income ETF (OVQ) is an ETF from Overlay Shares. Year to date, CPNJ is up 1.71% versus a loss of 3.77% for OVQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
CPNJ charges 0.69% per year while OVQ charges 0.97%. On a $10,000 position that is $69 vs $97 annually, a gap of $28 per year that compounds over a long holding period. On income, CPNJ currently yields 0.00% against 0.00% for OVQ.
You are not choosing between two funds in isolation.
Whichever of CPNJ and OVQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CPNJ or OVQ?
CPNJ has an expense ratio of 0.69% while OVQ charges 0.97%. CPNJ is the cheaper option, by $28 a year on a $10,000 investment.
Which pays a higher dividend, CPNJ or OVQ?
CPNJ yields 0.00% while OVQ yields 0.00%, so OVQ currently pays the higher dividend yield.
Is OVQ better than CPNJ?
CPNJ has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.