Calamos S&P 500 Structured Alt Protection ETF – May
CPSM

Calamos S&P 500 Structured Alt Protection ETF – May (CPSM) price, chart and fund profile

Price chart

+5.03% over 1Y
Sep 2, 2025Low $28.13 · High $29.55Aug 31, 2026

Fund profile

CPSM seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund holds FLEX options to obtain exposure. The fund aims to outperform cash holdings.

Issuer
Calamos Advisors LLC
Industry
Inception
May 1, 2024
NAV as of
Aug 28, 2026

Frequently asked questions

  • What is Calamos S&P 500 Structured Alt Protection ETF – May (CPSM)?

    CPSM seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund holds FLEX options to obtain exposure. The fund aims to outperform cash holdings.

  • What is CPSM's expense ratio?

    Calamos S&P 500 Structured Alt Protection ETF – May charges an annual expense ratio of 0.69%. The fund is issued by Calamos Advisors LLC.

  • How large is CPSM?

    Calamos S&P 500 Structured Alt Protection ETF – May manages $58.6M in assets and has traded since May 1, 2024.

  • How do I buy shares of Calamos S&P 500 Structured Alt Protection ETF – May (CPSM)?

    CPSM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.