Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

CPSN vs GOCT: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

As of Nov 4, 2026 GOCT can fall 1.3% before its buffer engages and CPSN 0.3%, and GOCT resets 14 days sooner.

askIQ about this page

askIQ about CPSN and GOCT

Net assets: $36m on Nov 4, 2026 for Calamos S&P 500 Structured Alt Protection ETF - November, and $453m on Nov 3, 2026 for FT Vest U.S. Equity Moderate Buffer ETF - October.

At a glance
CPSN Full floor
Full floorCPSN: reference +2.0% since period start, fund +0.3%; buffer Floor; cap +8.2%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% period start+8.2% cap+2% gain captured+6.2% more to the capTODAY · SPY +2.0%Full floorCPSN: reference +2.0% since period start, fund +0.3%; buffer Floor; cap +8.2%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% start+8.2% cap+2% gain captured+6.2% more to the capTODAY · SPY +2.0%

CPSN: reference +2.0% since period start, fund +0.3%; buffer Floor; cap +8.2%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.
GOCT Between buffer and cap
Between buffer and capGOCT: reference +0.5% since period start, fund +0.5%; buffer 0 to −15; cap +14.1%; Between buffer and cap. Data to Nov 4, 2026.15 pts of buffer+13.6% more to the cap−15.0% floor0% period start+14.1% cap+0.5% gain capturedTODAY · SPY +0.5%Between buffer and capGOCT: reference +0.5% since period start, fund +0.5%; buffer 0 to −15; cap +14.1%; Between buffer and cap. Data to Nov 4, 2026.15 pts−15.0% floor0% start+14.1% cap+0.5% gain captured+13.6% more to the capTODAY · SPY +0.5%

GOCT: reference +0.5% since period start, fund +0.5%; buffer 0 to −15; cap +14.1%; Between buffer and cap. Data to Nov 4, 2026.

GOCT: reference +0.5% since period start, fund +0.5%; buffer 0 to −15; cap +14.1%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

CPSN costs 0.16 points a year less; their one-year returns differ by 4.8 points; GOCT is 13.3 times larger.

Points (pts) are percentage points.

CPSN vs GOCT: Cap, Buffer & Days Left
MeasureCPSNGOCT
Return
Total return, 1 year+6.4%+11.2%
Drawdown
Index fall to the buffer1.9%0.5%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.69%0.85%
Net assets, as of Nov 3, 2026$34m$453m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: CPSN vs GOCT: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowCPSNGOCTCPSNGOCT
3 months+1.8%+2.3%+2.2 pts+2.7 pts
6 months+3.5%+5.4%−1.0 pts+1.0 pts
1 year+6.4%+11.2%−7.1 pts−2.4 pts
3 years–+39.4%–−37.0 pts
Since launchNot the same days: CPSN Nov 2024 · GOCT Oct 2023+13.4%+42.2%−20.8 pts−40.2 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

CPSN Calamos S&P 500 Structured Alt Protection ETF - November · Absorbs the whole loss on SPY and caps the gain at 8.2%, over a period ending Oct 29, 2027 GOCT FT Vest U.S. Equity Moderate Buffer ETF - October · Absorbs the first 15% of loss on SPY and caps the gain at 14.1%, over a period ending Oct 15, 2027
Reference index SPY SPY
Buffer 100% 15%
Outcome period Nov 2, 2026 to Oct 29, 2027 Oct 19, 2026 to Oct 15, 2027
Days left 359 345
Starting cap +8.2% +14.1%
Can still gain not published 12.7%
Fall before buffer 0.3% 1.3%
Protection left, index points 100.0% of 100.0% 15.0% of 15.0%
Index return this period +2.0% +0.5%
Fund return this period +0.3% +0.5%
State today Open Open
Expense ratio 0.69% 0.85%
Net assets, CPSN as of Nov 4, 2026 and GOCT as of Nov 3, 2026 $36m $453m

As of Nov 4, 2026. Source: ETFIQ.

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

GOCT resets first, on Oct 15, 2027, 345 days from now; CPSN runs to Oct 29, 2027, 359 days. A fall from here reaches CPSN’s buffer after 0.3% and GOCT’s after 1.3%. Both track SPY, so what separates them is where each is in its own period.

Alert

GOCT flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
CPSN

The fund's price can fall 0.3% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.9% 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. 359 days remained on Nov 4, 2026. On Oct 29, 2027 the period ends and a new cap is set.

GOCT

From its price on Nov 4, 2026, the fund can gain about 12.7% more before it reaches its cap. The fund's price can fall 1.3% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.5% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 345 days remained on Nov 4, 2026. On Oct 15, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, CPSN or GOCT?
CPSN ends its outcome period on Oct 29, 2027 and GOCT on Oct 15, 2027. A new cap is set the day after each.
Which is cheaper, CPSN or GOCT?
CPSN charges 0.69% a year and GOCT charges 0.85%, so CPSN is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

ETFIQ calculates every number 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 number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CPSN against GOCT, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/cpsn-vs-goct

Open data →

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