CPNJ vs QQJN: Cap, Buffer & Days Left

As of Oct 13, 2026 CPNJ can fall 1.1% before its buffer engages and QQJN 0.1%, and CPNJ resets 3 days sooner. Net assets on Oct 13, 2026: $45m for Calamos Nasdaq-100 ® Structured Alt Protection ETF - June and $1m for Corgi Growth & Technology 15% Structured Buffer ETF.

QQJN costs 0.39 points a year less; CPNJ is far larger, $45m against $1m.

Points (pts) are percentage points.

CPNJ vs QQJN: Cap, Buffer & Days Left
CPNJQQJN
Expense ratio0.69%0.30%
Net assets$45m$1m
Total return, 1 year+4.4%not published
What it tracksQQQQQQ
Holdings in commonnot published
CPNJFull floor
Full floorCPNJ: reference +0.1% since period start, fund +0.9%; buffer Floor; cap +8.0%; Full floor. Figures to Oct 13, 2026.full floor beneathfull floor0% period start+8.0% cap+0.1% gain captured+7.9% more to the capTODAY · QQQ +0.1%Full floorCPNJ: reference +0.1% since period start, fund +0.9%; buffer Floor; cap +8.0%; Full floor. Figures to Oct 13, 2026.full floor beneathfull floor0% start+8.0% cap+0.1% gain captured+7.9% more to the capTODAY · QQQ +0.1%

CPNJ: reference +0.1% since period start, fund +0.9%; buffer Floor; cap +8.0%; Full floor. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

QQJNBetween buffer and cap
Between buffer and capQQJN: reference +0.1% since period start, fund +2.1%; buffer 0 to −15; cap +18.5%; Between buffer and cap. Figures to Oct 13, 2026.15 pts of buffer+18.4% more to the cap−15.0% floor0% period start+18.5% cap+0.1% gain capturedTODAY · QQQ +0.1%Between buffer and capQQJN: reference +0.1% since period start, fund +2.1%; buffer 0 to −15; cap +18.5%; Between buffer and cap. Figures to Oct 13, 2026.15 pts−15.0% floor0% start+18.5% cap+0.1% gain captured+18.4% more to the capTODAY · QQQ +0.1%

QQJN: reference +0.1% since period start, fund +2.1%; buffer 0 to −15; cap +18.5%; Between buffer and cap. Figures to Oct 13, 2026.

QQJN: reference +0.1% since period start, fund +2.1%; buffer 0 to −15; cap +18.5%; Between buffer and cap. Figures to Oct 13, 2026.

These are two different products. CPNJ is a floor fund, which caps how far a holder can fall. QQJN is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Where each one stands today

CPNJ resets first, on May 28, 2027, 227 days from now; QQJN runs to May 31, 2027, 230 days. A fall from here reaches CPNJ’s buffer after 1.1% and QQJN’s after 0.1%. Both track QQQ, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: CPNJ vs QQJN: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowCPNJQQJNCPNJQQJN
3 months+1.0%+3.1%−2.3 pts−0.2 pts
6 months+1.6%not published−16.7 ptsnot published
1 year+4.4%not published−19.1 ptsnot published
Since launch
Not the same days: CPNJ Jun 2024 · QQJN Jun 2026
+18.0%+1.5%−46.1 pts+1.9 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open this comparison in the app →

On the same fields

CPNJ
Calamos Nasdaq-100 ® Structured Alt Protection ETF - June · Absorbs the whole loss on QQQ and caps the gain at 8.0%, over a period ending May 28, 2027
QQJN
Corgi Growth & Technology 15% Structured Buffer ETF · Absorbs the first 15% of loss on QQQ and caps the gain at 18.5%, over a period ending May 31, 2027
Issuer Calamos Corgi
Reference index QQQ QQQ
Buffer 100% 15%
Outcome period Jun 1, 2026 to May 28, 2027 Jun 1, 2026 to May 31, 2027
Days left 227 230
Starting cap +8.0% +18.5%
Can still gain not published not published
Fall before buffer 1.1% 0.1%
Protection left, index points 100.0% of 100.0% 15.0% of 15.0%
Index return this period +0.1% +0.1%
Fund return this period +0.9% +2.1%
State today Open Open
Expense ratio 0.69% 0.30%
Net assets $45m $1m

As of Oct 13, 2026. Source: ETFIQ.

About CPNJ

The fund's price can fall 1.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, QQQ can fall 0.1% 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 QQQ level. 227 days remained on Oct 13, 2026. On May 28, 2027 the period ends and a new cap is set.

About QQJN

The fund's price can fall 0.1% from here before the buffer starts absorbing losses, by the issuer's figure. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's QQQ level. 230 days remained on Oct 13, 2026. On May 31, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, CPNJ or QQJN?
CPNJ ends its outcome period on May 28, 2027 and QQJN on May 31, 2027. A new cap is set the day after each.
Which is cheaper, CPNJ or QQJN?
CPNJ charges 0.69% a year and QQJN charges 0.30%, so QQJN is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

ETFIQ calculates every figure from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CPNJ against QQJN, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/cpnj-vs-qqjn

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.