{"url":"https://etfiq.com/compare/buffer/cpsy-vs-xjan","section":"compare","title":"CPSY vs XJAN: Cap, Buffer & Days Left | ETFIQ","description":"As of Nov 4, 2026 CPSY can fall 5.0% and XJAN 7.6% before its buffer engages, on SPY. CPSY ends on Dec 31, 2026 and XJAN on Jan 15, 2027.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which resets first, CPSY or XJAN?","acceptedAnswer":{"@type":"Answer","text":"CPSY ends its outcome period on Dec 31, 2026 and XJAN on Jan 15, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, CPSY or XJAN?","acceptedAnswer":{"@type":"Answer","text":"CPSY charges 0.69% a year and XJAN charges 0.85%, so CPSY is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"CPSY vs XJAN","item":"https://etfiq.com/compare/buffer/cpsy-vs-xjan"}]},{"@type":"WebPage","name":"CPSY vs XJAN: Cap, Buffer & Days Left","description":"As of Nov 4, 2026 CPSY can fall 5.0% and XJAN 7.6% before its buffer engages, on SPY. CPSY ends on Dec 31, 2026 and XJAN on Jan 15, 2027.","url":"https://etfiq.com/compare/buffer/cpsy-vs-xjan","dateModified":"2026-11-04","abstract":"As of Nov 4, 2026 XJAN can fall 7.6% before its buffer engages and CPSY 5.0%, and CPSY resets 15 days sooner.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CPSY and XJAN","description":"As of Nov 4, 2026 CPSY can fall 5.0% and XJAN 7.6% before its buffer engages, on SPY. CPSY ends on Dec 31, 2026 and XJAN on Jan 15, 2027.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/cpsy-vs-xjan","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6292,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / CPSY vs XJAN \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n CPSY vs XJAN: Cap, Buffer & Days Left\n\n As of Nov 4, 2026 XJAN can fall 7.6% before its buffer engages and CPSY 5.0%, and CPSY resets 15 days sooner.\n Copy this for sharing \n \n CPSY costs 0.16 points a year less; their one-year returns differ by 3.3 points; XJAN is 2.4 times larger.\n CPSY and XJAN at a glance. As of Nov 4, 2026. Source: ETFIQ. CPSY XJAN \n Expense ratio 0.69% 0.85% \n Net assets, as of Nov 3, 2026 $30m $72m \n Total return, 1 year +5.9% +9.2% \n What it tracks S","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, CPSY against XJAN, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/cpsy-vs-xjan","a":{"ticker":"CPSY","name":"Calamos S&P 500 Structured Alt Protection ETF - January","issuer":"Calamos","desk":"buffer","as_of":"2026-11-04","verdict":"Since Jan 2, 2026, CPSY returned 4.6%, against SPY's 12.2% price return. It is at its cap.","url":"https://etfiq.com/funds/cpsy","key_facts":[{"label":"Fall before the buffer from today\u2019s fund price","value":"5.0%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"100.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"57","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$30m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.69%","as_of":"2026-11-04","source":"issuer page, Nov 4, 2026"},{"label":"Reference index","value":"SPY","as_of":"2026-11-04","source":null}]},"b":{"ticker":"XJAN","name":"FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January","issuer":"First Trust","desk":"buffer","as_of":"2026-11-04","verdict":"Since Jan 20, 2026, XJAN returned 7.3%, against SPY's 10.8% price return. It can gain 1.7% more before its cap.","url":"https://etfiq.com/funds/xjan","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"1.7%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"7.6%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"72","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$72m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-11-04","source":"issuer page, Nov 4, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/cpsy-vs-xjan"}