Data as of Nov 12, 2026.

Share
Share on XDownload as PDF
vsOpen in the appaskIQ about these two fundsAsk the committee about these two funds

CAGE vs MPIM: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
+5.9 pts
3 months to Nov 12, 2026: CAGE ahead, total return
Fee gap
0.04 pts
A year: CAGE 0.74%, MPIM 0.70%, per filings dated Apr 15, 2026 and Aug 7, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

MPIM costs 0.04 points a year less.

Points (pts) are percentage points.

CAGE vs MPIM: Dividend Yield & Total Return
MeasureCAGEMPIM
Paid and earned
Price changerose 12.9% (since Apr 16, 2026)fell 12.8% (since Aug 12, 2026)
Against its benchmark
BenchmarkS&P 500, measured through SPYnot published
Cost and size
Expense ratio0.74%0.70%
Net assets$106mnot read by ETFIQ
Holdings
Holdings in commonnot published

Method

Key numbers
0.0%
CAGE cash paid, since launch, Apr 16, 2026
3.0%
MPIM cash paid, since launch, Aug 12, 2026
+12.9%
CAGE total return, since launch, Apr 16, 2026
−10.0%
MPIM total return, since launch, Aug 12, 2026
CAGE · since launch to Nov 12, 2026 4.5 pts ahead of SPY
CAGE
+12.9%
SPY
+8.4%

4.5 pts ahead of SPY

CAGE since launch: paid 0.0%, price +12.9%, total +12.9%, SPY +8.4%, +4.5 pts. Data to Nov 12, 2026.

SPY

+8.4%

CAGE

+12.9%

4.5 pts ahead of SPY

Total return, distributions reinvested

4.5 pts ahead of SPY

CAGE since launch: paid 0.0%, price +12.9%, total +12.9%, SPY +8.4%, +4.5 pts. Data to Nov 12, 2026.

SPY

+8.4%

CAGE

+12.9%

4.5 pts ahead of SPY

0.0% of it arrived as cash. Total return, distributions reinvested. CAGE since launch: paid 0.0%, price +12.9%, total +12.9%, SPY +8.4%, +4.5 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.
MPIM · since launch to Nov 12, 2026 Not measured
MPIM
−10.0%
none

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

Total return, distributions reinvested

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

3.0% of it arrived as cash. Both charts share one scale, with zero at the line. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

CAGE Calamos Autocallable Growth ETF · Autocallable on SPY MPIM m+ Income Momentum Autocall ETF · Autocallable
Issuer Calamos m+
Strategy autocallable autocallable
Benchmark S&P 500 (SPY) not set
Pays not established not established
Payout rate, annualized not published 17.0%
Expense ratio 0.74% 0.70%
Cash paid, 1 year 0.0% (since launch, Apr 16, 2026) 3.0% (since launch, Aug 12, 2026)
Price change, 1 year +12.9% (since launch, Apr 16, 2026) −12.8% (since launch, Aug 12, 2026)
Total return, 1 year +12.9% (since launch, Apr 16, 2026) −10.0% (since launch, Aug 12, 2026)
Benchmark return, 1 year +8.4% (since launch, Apr 16, 2026) not published
Ahead or behind +4.5 pts (since launch, Apr 16, 2026) not available
Return of capital, latest estimate not published not published
Age 210 days 92 days
Net assets $106m not read by ETFIQ

As of Nov 12, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: CAGE vs MPIM: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowCAGEMPIMCAGEMPIMCAGEMPIM
3 months−4.7%−10.6%0.0%3.0%−2.3 ptsnot measured
6 months+1.1%–0.0%–−0.6 pts–
Since launchNot the same days: CAGE Apr 2026 · MPIM Aug 2026+12.9%−10.0%0.0%3.0%+4.4 ptsnot measured

– means no data for this window. Open this comparison in the app →

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
CAGE

Over the period from its first trade on Apr 16, 2026 to Nov 12, 2026, CAGE paid 0.0% of its starting value in cash distributions while its price rose 12.9%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +8.4% over the same days, so a holder was ahead by 4.5 pts.

MPIM

Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.

Questions people ask

Which is cheaper, CAGE or MPIM?
CAGE charges 0.74% a year and MPIM charges 0.70%, so MPIM is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, CAGE against MPIM, data as of Nov 12, 2026. https://etfiq.com/compare/income/cage-vs-mpim

Open data →

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

CAGE and MPIM both write options for income.

Growth of 100

CAGE and MPIM

Total return, distributions reinvested, 3 months.

CAGE −4.7%MPIM −10.6%
Aug 13, 2026Nov 12, 2026

CAGE −4.7%, MPIM −10.6%: CAGE +5.9 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.