{"url":"https://etfiq.com/compare/buffer/cpnj-vs-qmmy","section":"compare","title":"CPNJ vs QMMY: which one stands where? | ETFIQ","description":"As of Oct 1, 2026 QMMY can gain 12.6% before its cap and CPNJ publishes no remaining cap. Each can fall 0.8% and 4.5% before its buffer engages, on QQQ.","as_of":"Oct 1, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which resets first, CPNJ or QMMY?","acceptedAnswer":{"@type":"Answer","text":"CPNJ ends its outcome period on May 29, 2027 and QMMY on May 21, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, CPNJ or QMMY?","acceptedAnswer":{"@type":"Answer","text":"CPNJ charges 0.69% a year and QMMY charges 0.90%, so CPNJ is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"CPNJ vs QMMY","item":"https://etfiq.com/compare/buffer/cpnj-vs-qmmy"}]},{"@type":"WebPage","name":"CPNJ vs QMMY: which one stands where?","description":"As of Oct 1, 2026 QMMY can gain 12.6% before its cap and CPNJ publishes no remaining cap. Each can fall 0.8% and 4.5% before its buffer engages, on QQQ.","url":"https://etfiq.com/compare/buffer/cpnj-vs-qmmy","dateModified":"2026-10-01","abstract":"As of Oct 1, 2026 QMMY can fall 4.5% before its buffer engages and CPNJ 0.8%, and QMMY resets 7 days sooner.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CPNJ and QMMY","description":"As of Oct 1, 2026 QMMY can gain 12.6% before its cap and CPNJ publishes no remaining cap. Each can fall 0.8% and 4.5% before its buffer engages, on QQQ.","dateModified":"2026-10-01","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/cpnj-vs-qmmy","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":5383,"truncated":true,"content":"ETFIQ / Buffer ETFs / Head to head / CPNJ vs QMMY \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 1, 2026 .\n\n CPNJ vs QMMY: which one stands where?\n\n As of Oct 1, 2026 QMMY can fall 4.5% before its buffer engages and CPNJ 0.8%, and QMMY resets 7 days sooner.\n Copy this for sharing \n \n Calamos Nasdaq-100 \u00ae Structured Alt Protection ETF - June and FT Vest Nasdaq-100\u00ae Moderate Buffer ETF - May.\n\n Download as PDF \n\n CPNJ Buffer working [CPNJ: reference \u22120.4% since period start, fund +0.7%; buffer \u22120 to floor; cap +7.8%; Buffer working.. Buffer working] [CPNJ: reference \u22120.4% since perio","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Oct 1, 2026. https://etfiq.com/compare/buffer/cpnj-vs-qmmy","a":{"ticker":"CPNJ","name":"Calamos Nasdaq-100 \u00ae Structured Alt Protection ETF - June","issuer":"Calamos","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, QQQ is down 0.4% and CPNJ's protection has held the loss to 0.2%.","url":"https://etfiq.com/funds/cpnj","key_facts":[{"label":"Fall before the buffer","value":"0.8%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"99.6%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"240","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$45m","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.69%","as_of":"2026-10-01","source":"issuer page, Oct 1, 2026"},{"label":"Reference index","value":"QQQ","as_of":"2026-10-01","source":null}]},"b":{"ticker":"QMMY","name":"FT Vest Nasdaq-100\u00ae Moderate Buffer ETF - May","issuer":"First Trust","desk":"buffer","as_of":"2026-09-30","verdict":"As of Sep 30, 2026, QMMY is between its buffer and cap, with QQQ up 4.4% since the period began.","url":"https://etfiq.com/funds/qmmy","key_facts":[{"label":"Can still gain","value":"12.6%","as_of":"2026-09-30","source":null},{"label":"Fall before the buffer","value":"4.5%","as_of":"2026-09-30","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-09-30","source":null},{"label":"Days to reset","value":"233","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$155m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.90%","as_of":"2026-09-30","source":"issuer page, Sep 30, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/cpnj-vs-qmmy"}