Which resets first, CPSJ or JULC?

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

Which is cheaper, CPSJ or JULC?

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

CPSJ vs JULC: which one stands where?

As of Oct 2, 2026 JULC can fall 3.1% before its buffer engages and CPSJ 1.4%. Calamos S&P 500 ® Structured Alt Protection ETF - July and Corgi U.S. Equities 10% Structured Buffer ETF - July Series.

JULC costs 0.39 points a year less; CPSJ is 32.2 times larger.

	CPSJ	JULC
Expense ratio	0.69%	0.30%
Net assets	$50m	$2m
Total return, 1 year	+5.3%	not published
What it tracks	SPY	SPY
Holdings in common	not published

CPSJFull floor

CPSJ: reference +3.2% since period start, fund +1.2%; buffer −0 to floor; cap +7.6%; Full floor.

JULCBetween buffer and cap

JULC: reference +3.2% since period start, fund +3.2%; buffer 0 to −10; cap +18.2%; Between buffer and cap.

These are two different products. CPSJ is a floor fund, which caps how far a holder can fall. JULC 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

CPSJ resets first, on Jun 30, 2027, 271 days from now; JULC runs to Jun 30, 2027, 271 days. A fall from here reaches CPSJ’s buffer after 1.4% and JULC’s after 3.1%. 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 return		Gap to the reference
Window	CPSJ	JULC	CPSJ	JULC
3 months	+1.2%	+2.9%	−2.4 pts	−0.7 pts
6 months	+4.0%	not published	−14.0 pts	not published
1 year	+5.3%	not published	−11.0 pts	not published

CPSJ and JULC 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 Jun 30, 2027

JULC

Corgi U.S. Equities 10% Structured Buffer ETF - July Series · Absorbs the first 10% of loss on SPY and caps the gain at 18.2%, over a period ending Jun 30, 2027

Issuer Calamos Corgi

Reference index SPY SPY

Buffer 0% to 100% 10%

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

Days left 271 271

Starting cap +7.6% +18.2%

Can still gain not published not published

Fall before buffer 1.4% 3.1%

Protection left, index points 99.9% of 99.9% 10.0% of 10.0%

Index return this period +3.2% +3.2%

Fund return this period +1.2% +3.2%

State today Open Open

Expense ratio 0.69% 0.30%

Net assets $50m $2m

CPSJ and JULC on the same fields, as of Oct 2, 2026. Source: ETFIQ.

CPSJ in plain words

The fund's price can fall 1.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.2% 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. 271 days remained on Oct 2, 2026. On Jun 30, 2027 the period ends and a new cap is set.

JULC in plain words

The fund's price can fall 3.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.1% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level.

Questions people ask

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

Other comparisons

CPSJ vs DJUL CPSJ vs DJUN CPSJ vs FJUL CPSJ vs FJUN JULC vs JULP JULC vs JULT JULC vs JULU JULC vs JULW

S&P 500 (SPY) →CPSJ on its own →JULC on its own →How every figure is computed →Standards and sources →

Where these figures came from

CPSJ filings on SEC EDGAR ↗Calamos website ↗JULC filings on SEC EDGAR ↗Corgi website ↗

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 JULC, data as of Oct 2, 2026. https://etfiq.com/compare/buffer/cpsj-vs-julc

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.