Which resets first, CPSJ or HJLY?

CPSJ ends its outcome period on Jun 30, 2027 and HJLY on Jun 30, 2027. A new cap is set the day after each.

Which is cheaper, CPSJ or HJLY?

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

Open in the app Ask IQ about these two funds

CPSJ vs HJLY: Cap, Buffer & Days Left

As of Oct 13, 2026 HJLY can fall 4.2% before its buffer engages and CPSJ 1.7%. Net assets on Oct 13, 2026: $50m for Calamos S&P 500 ® Structured Alt Protection ETF - July and $1m for Corgi U.S. Equities 100% Structured Buffer ETF - July Series.

HJLY costs 0.39 points a year less; CPSJ is far larger, $50m against $1m.

Points (pts) are percentage points.

CPSJ vs HJLY: Cap, Buffer & Days Left
	CPSJ	HJLY
Expense ratio	0.69%	0.30%
Net assets	$50m	$1m
Total return, 1 year	+5.6%	not published
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	4.1%	4.2%

CPSJFull floor

CPSJ: reference +4.3% since period start, fund +1.6%; buffer Floor; cap +7.7%; Full floor. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

HJLYFull floor

HJLY: reference +4.3% since period start, fund +2.2%; buffer Floor; cap +9.0%; Full floor. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

Where each one stands today

CPSJ resets first, on Jun 30, 2027, 260 days from now; HJLY runs to Jun 30, 2027, 260 days. A fall from here reaches CPSJ’s buffer after 1.7% and HJLY’s after 4.2%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: CPSJ vs HJLY: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	CPSJ	HJLY	CPSJ	HJLY
3 months	+1.2%	+1.4%	−2.3 pts	−2.1 pts
6 months	+3.2%	not published	−8.9 pts	not published
1 year	+5.6%	not published	−11.7 pts	not published
Since launch Not the same days: CPSJ Jul 2024 · HJLY Jul 2026	+17.0%	+1.8%	−25.7 pts	−2.7 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

CPSJ

Calamos S&P 500 ® Structured Alt Protection ETF - July · Absorbs the whole loss on SPY and caps the gain at 7.7%, over a period ending Jun 30, 2027

HJLY

Corgi U.S. Equities 100% Structured Buffer ETF - July Series · Absorbs the whole loss on SPY and caps the gain at 9.0%, over a period ending Jun 30, 2027

Issuer Calamos Corgi

Reference index SPY SPY

Buffer 100% 100%

Outcome period Jul 1, 2026 to Jun 30, 2027 Jul 1, 2026 to Jun 30, 2027

Days left 260 260

Starting cap +7.7% +9.0%

Can still gain not published not published

Fall before buffer 1.7% 4.2%

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

Index return this period +4.3% +4.3%

Fund return this period +1.6% +2.2%

State today Open Open

Expense ratio 0.69% 0.30%

Net assets $50m $1m

As of Oct 13, 2026. Source: ETFIQ.

About CPSJ

The fund's price can fall 1.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.1% 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 SPY level. 260 days remained on Oct 13, 2026. On Jun 30, 2027 the period ends and a new cap is set.

About HJLY

The fund's price can fall 4.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.2% from today's level to the point where the buffer begins.

Questions people ask

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

Other comparisons

CPSJ vs CTJL CPSJ vs JULC CPSJ vs PMJL CPSJ vs JULP HJLY vs JULP HJLY vs DDTL HJLY vs FJUN HJLY vs JULC

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

Where these figures came from

CPSJ filings on SEC EDGAR ↗CPSJ prospectus with the expense ratio (SEC) ↗Calamos website ↗HJLY 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, CPSJ against HJLY, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/cpsj-vs-hjly

Open data

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