CPSJ vs HAUG: which one stands where?

As of Oct 1, 2026 CPSJ can fall 1.1% before its buffer engages and HAUG 0.7%, and CPSJ resets 31 days sooner. Calamos S&P 500 ® Structured Alt Protection ETF - July and Corgi U.S. Equities 100% Structured Buffer ETF - August Series.

CPSJFull floor
Full floorCPSJ: reference +2.3% since period start, fund +1.0%; buffer −0 to floor; cap +7.6%; Full floor.full floor beneathfull floor−0.1% buffer start0% period start+7.6% capTODAY · SPY +2.3%Full floorCPSJ: reference +2.3% since period start, fund +1.0%; buffer −0 to floor; cap +7.6%; Full floor.full floor beneathfull floor−0.1% buffer start0% start+7.6% capTODAY · SPY +2.3%

CPSJ: reference +2.3% since period start, fund +1.0%; buffer −0 to floor; cap +7.6%; Full floor.

HAUGFull floor
Full floorHAUG: reference +0.7% since period start, fund +0.2%; buffer Floor; cap +9.0%; Full floor.full floor beneathfull floor0% period start+9.0% capTODAY · SPY +0.7%Full floorHAUG: reference +0.7% since period start, fund +0.2%; buffer Floor; cap +9.0%; Full floor.full floor beneathfull floor0% start+9.0% capTODAY · SPY +0.7%

HAUG: reference +0.7% since period start, fund +0.2%; buffer Floor; cap +9.0%; Full floor.

They do not reset together. CPSJ has 273 days of its period left and HAUG has 304, so the two are not the same bet on the same months.

Where each one stands today

CPSJ resets first, on Jul 1, 2027, 273 days from now; HAUG runs to Jul 31, 2027, 304 days. A fall from here reaches CPSJ’s buffer after 1.1% and HAUG’s after 0.7%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

Total returnGap to the reference
WindowCPSJHAUGCPSJHAUG
3 months+1.0%not published−1.5 ptsnot published
6 months+3.7%not published−13.3 ptsnot published
1 year+5.2%not published−10.5 ptsnot published

CPSJ and HAUG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CPSJ
Calamos S&P 500 ® Structured Alt Protection ETF - July · Absorbs losses from 0.1% to 100.0% on SPY and caps the gain at 7.6%, over a period ending Jul 1, 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 0% to 100% 100%
Outcome period Jul 1, 2026 to Jul 1, 2027 Aug 1, 2026 to Jul 31, 2027
Days left 273 304
Starting cap +7.6% +9.0%
Can still gain not published not published
Fall before buffer 1.1% 0.7%
Protection left, index points 99.9% of 99.9% 100.0% of 100.0%
Index return this period +2.3% +0.7%
Fund return this period +1.0% +0.2%
State today Open Open
Expense ratio 0.69% 0.30%
Net assets $50m $2m

CPSJ and HAUG on the same fields, as of Oct 1, 2026. Source: ETFIQ.

CPSJ in plain words

The fund's price can fall 1.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.3% from today's level to the point where the buffer begins. Protection left, in index points: 99.9% of the 99.9% buffer still sits below today's SPY level. 273 days remained on Oct 1, 2026. On Jul 1, 2027 the period ends and a new cap is set.

HAUG in plain words

The fund's price can fall 0.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 0.6% 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. 304 days remained on Oct 1, 2026. On Jul 31, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, CPSJ or HAUG?
CPSJ ends its outcome period on Jul 1, 2027 and HAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, CPSJ or HAUG?
CPSJ charges 0.69% a year and HAUG charges 0.30%, so HAUG is cheaper. Fees come from each fund's prospectus.
Other comparisons
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. A comparison is not a recommendation.

Cite this page

ETFIQ, CPSJ against HAUG, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/cpsj-vs-haug

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.