Which resets first, CPSA or HAUG?

CPSA ends its outcome period on Jul 30, 2027 and HAUG on Jul 31, 2027. A new cap is set the day after each.

Which is cheaper, CPSA or HAUG?

CPSA charges 0.69% a year and HAUG charges 0.30%, so HAUG is cheaper. Fees come from each fund's prospectus.

Open in the app Ask IQ about these two funds

CPSA vs HAUG: Cap, Buffer & Days Left

HAUG can fall 2.6% before its buffer engages as of Oct 12, 2026, and CPSA 1.2% as of Oct 13, 2026. Net assets on Oct 12, 2026: $50m for Calamos S&P 500 ® Structured Alt Protection ETF - August and $2m for Corgi U.S. Equities 100% Structured Buffer ETF - August Series.

HAUG costs 0.39 points a year less; CPSA is far larger, $50m against $2m.

Points (pts) are percentage points.

CPSA vs HAUG: Cap, Buffer & Days Left
	CPSA	HAUG
Expense ratio	0.69%	0.30%
Net assets, as of Oct 12, 2026	$50m	$2m
Total return, 1 year	+6.3%	not published
What it tracks	SPY	SPY
Holdings in common	not published

CPSAFull floor

CPSA: reference +2.7% since period start, fund +1.1%; buffer Floor; cap +7.8%; Full floor. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

HAUGFull floor

HAUG: reference +2.7% since period start, fund +0.9%; buffer Floor; cap +9.0%; Full floor. Figures to Oct 12, 2026.

Figures to Oct 12, 2026.

Where each one stands today

CPSA resets first, on Jul 30, 2027, 290 days from now; HAUG runs to Jul 31, 2027, 292 days. A fall from here reaches CPSA’s buffer after 1.2% and HAUG’s after 2.6%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: CPSA vs HAUG: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	CPSA	HAUG	CPSA	HAUG
3 months	+1.4%	not published	−2.4 pts	not published
6 months	+3.6%	not published	−9.8 pts	not published
1 year	+6.3%	not published	−12.9 pts	not published
Since launch Not the same days: CPSA Aug 2024 · HAUG Aug 2026	+16.6%	0.0%	−26.7 pts	−0.9 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

CPSA

Calamos S&P 500 ® Structured Alt Protection ETF - August · Absorbs the whole loss on SPY and caps the gain at 7.8%, over a period ending Jul 30, 2027

HAUG

Corgi U.S. Equities 100% Structured Buffer ETF - August Series · Absorbs the whole loss on SPY and caps the gain at 9.0%, over a period ending Jul 31, 2027

Issuer Calamos Corgi

Reference index SPY SPY

Buffer 100% 100%

Outcome period Aug 3, 2026 to Jul 30, 2027 Aug 1, 2026 to Jul 31, 2027

Days left 290 292

Starting cap +7.8% +9.0%

Can still gain not published not published

Fall before buffer 1.2% 2.6%

Protection left, index points 100.0% of 100.0% 100.0% of 100.0%

Index return this period +2.7% +2.7%

Fund return this period +1.1% +0.9%

State today Open Open

Expense ratio 0.69% 0.30%

Net assets, as of Oct 12, 2026 $50m $2m

As of Oct 13, 2026. Source: ETFIQ.

About CPSA

The fund's price can fall 1.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.6% 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 SPY level. 290 days remained on Oct 13, 2026. On Jul 30, 2027 the period ends and a new cap is set.

About HAUG

The fund's price can fall 2.6% from here before the buffer starts absorbing losses, by the issuer's figure. 292 days remained on Oct 12, 2026. On Jul 31, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, CPSA or HAUG?: CPSA ends its outcome period on Jul 30, 2027 and HAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, CPSA or HAUG?: CPSA charges 0.69% a year and HAUG charges 0.30%, so HAUG is cheaper. Fees come from each fund's prospectus.

Other comparisons

CPSA vs CTAU CPSA vs PMAU CPSA vs PMSE CPSA vs DLAG HAUG vs DJUL HAUG vs PAUG HAUG vs FJUL HAUG vs CPSJ

S&P 500 (SPY) →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →CPSA on its own →HAUG on its own →How every figure is computed →Standards and sources →

Where these figures came from

CPSA filings on SEC EDGAR ↗CPSA prospectus with the expense ratio (SEC) ↗Calamos website ↗HAUG filings on SEC EDGAR ↗Corgi website ↗

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, CPSA against HAUG, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/cpsa-vs-haug

Open data

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