Data as of Oct 28, 2026.

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CPRY vs IJR: Differences, Returns & Fees

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Over the year to Oct 28, 2026, CPRY returned +7.8% to IJR's +17.5%, and IJR charges 0.06% to CPRY's 0.69%.

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Net assets: $36m on Oct 28, 2026 for Calamos Russell 2000 Structured Alt Protection ETF - January, and $104.6bn on Oct 27, 2026 for iShares Core S&P Small-Cap ETF.

At a glance
+7.8%
CPRY total return, 1 year
+17.5%
IJR total return, 1 year
0.69%
CPRY expense ratio
0.06%
IJR expense ratio

Pair scorecard

IJR costs 0.63 points a year less; their one-year returns differ by 9.7 points; IJR is far larger, $104.6bn against $36m.

CPRY vs IJR: Differences, Returns & Fees
MeasureCPRYIJR
Return
Total return, 1 year+7.8%+17.5%
Drawdown
Below its high6.8%, high on Aug 14, 2026
Index fall to the buffer11.6%
Fund price fall to the buffer5.5%
Benchmark
What it tracksIWMS&P SmallCap 600
The outcome period
Buffer left, in index points100.0% of 100.0%
Days left in the period64
Period endsDec 31, 2026
Cost and size
Expense ratio0.69%0.06%
Net assets, as of Oct 27, 2026$36m$104.6bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund5.3%

Method

Side by side

CPRY Calamos Russell 2000 Structured Alt Protection ETF - January IJR iShares Core S&P Small-Cap ETF
Where it sits Buffer ETF Stock ETF
What it is Defined outcome, 100% on IWM Tracks the S&P SmallCap 600
Total return, 1 year +7.8% +17.5%
Its benchmark over the same days +13.0% (IWM) +17.6% (SPSM)
Gap to its benchmark −5.2 pts vs IWM −0.1 pts vs SPSM
Expense ratio 0.69% 0.06%
Holdings not read by ETFIQ 642
Net assets, CPRY as of Oct 28, 2026 and IJR as of Oct 27, 2026 $36m $104.6bn

CPRY and IJR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
CPRY

IWM had already risen past this fund's cap of +7.5% for the period on Oct 28, 2026, so in index terms there is no more upside to collect.

The fund's price can fall 5.5% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, IWM can fall 11.6% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's IWM level. 64 days remained on Oct 28, 2026. On Dec 31, 2026 the period ends and a new cap is set.

IJR

IJR tracks the S&P SmallCap 600. Over the year to Oct 28, 2026 it returned +17.5% with distributions reinvested, against +17.6% for its benchmark, the S&P SmallCap 600. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 642 positions, with the top ten at 5.3%. It sat 6.8% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Are CPRY and IJR in the same category?
CPRY is a buffer ETF and IJR is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, CPRY or IJR?
In the year to Oct 28, 2026, with distributions reinvested, CPRY returned +7.8% and IJR +17.5%.
Which is cheaper, CPRY or IJR?
IJR is cheaper, by 0.63 percentage points a year. That is about $63 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, CPRY against IJR, data as of Oct 28, 2026. https://etfiq.com/compare/any/cpry-vs-ijr

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