Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

CPNS vs QQQ: how they differ

Over the year QQQ returned more, +23.0% against +5.5%, and QQQ charges 0.18% against 0.69%.

Calamos Nasdaq-100 ® Structured Alt Protection ETF - September and Invesco QQQ Trust.

CPNS and QQQ on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
CPNS
Calamos Nasdaq-100 ® Structured Alt Protection ETF - September
QQQ
Invesco QQQ Trust
Where it sitsBuffer ETFCore index fund
IssuerCalamosInvesco
What it isDefined outcome, 100% on QQQNasdaq-100
Total return, 1 year+5.5%+23.0%
S&P 500 over the same days+23.0%+17.5%
Gap to the S&P 500−17.5 pts+5.5 pts
Expense ratio0.69%0.18%
Holdingsnot filed105

CPNS in plain words

Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's QQQ level. 354 days remained on Sep 13, 2026. On Sep 2, 2027 the period ends and a new cap is set.

QQQ in plain words

QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, CPNS or QQQ?
In the year to Sep 13, 2026, with distributions reinvested, CPNS returned +5.5% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, CPNS or QQQ?
CPNS charges 0.69% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
Are CPNS and QQQ the same kind of fund?
No. CPNS is a buffer ETF and QQQ is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

CPNS against QQQ, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CPNS against QQQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/cpns-vs-qqq Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources