Data as of Nov 4, 2026.

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Buffer ETFs

CPSO vs GOCT: Cap, Buffer & Days Left

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As of Nov 4, 2026 GOCT can fall 1.3% before its buffer engages and CPSO 0.6%, and CPSO resets 15 days sooner.

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Net assets: $34m on Nov 4, 2026 for Calamos S&P 500 Structured Alt Protection ETF - October, and $453m on Nov 3, 2026 for FT Vest U.S. Equity Moderate Buffer ETF - October.

At a glance
CPSO Full floor
Full floorCPSO: reference +0.4% since period start, fund +0.6%; buffer Floor; cap +8.8%; Full floor. Data to Nov 4, 2026.full floor beneath+8.4% to capfull floor0% period start+8.8% cap+0.4% gain capturedTODAY · SPY +0.4%Full floorCPSO: reference +0.4% since period start, fund +0.6%; buffer Floor; cap +8.8%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% start+8.8% cap+0.4% gain captured+8.4% more to the capTODAY · SPY +0.4%

CPSO: reference +0.4% since period start, fund +0.6%; buffer Floor; cap +8.8%; 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

CPSO costs 0.16 points a year less; their one-year returns differ by 5.1 points; GOCT is 13.3 times larger.

Points (pts) are percentage points.

CPSO vs GOCT: Cap, Buffer & Days Left
MeasureCPSOGOCT
Return
Total return, 1 year+6.1%+11.2%
Drawdown
Index fall to the buffer0.4%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: CPSO vs GOCT: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowCPSOGOCTCPSOGOCT
3 months+1.4%+2.3%+1.8 pts+2.7 pts
6 months+3.1%+5.4%−1.3 pts+1.0 pts
1 year+6.1%+11.2%−7.5 pts−2.4 pts
3 years–+39.4%–−37.0 pts
Since launchNot the same days: CPSO Oct 2024 · GOCT Oct 2023+12.7%+42.2%−22.1 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

CPSO Calamos S&P 500 Structured Alt Protection ETF - October · Absorbs the whole loss on SPY and caps the gain at 8.8%, over a period ending Sep 30, 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 Oct 1, 2026 to Sep 30, 2027 Oct 19, 2026 to Oct 15, 2027
Days left 330 345
Starting cap +8.8% +14.1%
Can still gain not published 12.7%
Fall before buffer 0.6% 1.3%
Protection left, index points 100.0% of 100.0% 15.0% of 15.0%
Index return this period +0.4% +0.5%
Fund return this period +0.6% +0.5%
State today Open Open
Expense ratio 0.69% 0.85%
Net assets, CPSO as of Nov 4, 2026 and GOCT as of Nov 3, 2026 $34m $453m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. CPSO 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

CPSO resets first, on Sep 30, 2027, 330 days from now; GOCT runs to Oct 15, 2027, 345 days. A fall from here reaches CPSO’s buffer after 0.6% and GOCT’s after 1.3%. Both track SPY, so what separates them is where each is in its own period.

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About each fund
CPSO

The fund's price can fall 0.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.4% 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. 330 days remained on Nov 4, 2026. On Sep 30, 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, CPSO or GOCT?
CPSO ends its outcome period on Sep 30, 2027 and GOCT on Oct 15, 2027. A new cap is set the day after each.
Which is cheaper, CPSO or GOCT?
CPSO charges 0.69% a year and GOCT charges 0.85%, so CPSO is cheaper. Fees come from each fund's prospectus.
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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.

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

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