{
 "ticker": "CAIQ",
 "name": "Calamos Nasdaq Autocallable Income ETF",
 "issuer": "Calamos",
 "desk": "income",
 "url": "https://etfiq.com/funds/caiq",
 "html": "https://etfiq.com/funds/caiq",
 "markdown": "https://etfiq.com/funds/caiq.md",
 "as_of": "2026-09-11",
 "verdict": "Since its launch on Nov 20, 2025, CAIQ paid 13.7% in cash and still finished 6.5 points behind QQQ.",
 "key_facts": [
  {
   "key": "cash_paid_since_launch_on_its_starting_price",
   "label": "Cash paid, since launch, on its starting price",
   "value": "13.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CAIQ, cash paid, since launch, on its starting price: 13.7%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+16.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CAIQ, total return, since launch: +16.0%, as of Sep 11, 2026."
  },
  {
   "key": "against_qqq",
   "label": "Against QQQ",
   "value": "\u22126.5 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CAIQ, against QQQ: \u22126.5 pts, as of Sep 11, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "18.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CAIQ, latest payout, annualized: 18.1%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$167m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "CAIQ, net assets: $167m (SEC filing, whole fund, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.74%",
   "source": "485BPOS XBRL, Nov 5, 2025",
   "as_of": "2026-09-11",
   "sentence": "CAIQ, expense ratio: 0.74% (485BPOS XBRL, Nov 5, 2025)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "option income",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Nasdaq-100 (QQQ)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$167m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "18.1%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.74%",
   "source": "485BPOS XBRL, Nov 5, 2025"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "13.5%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Nov 20, 2025",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "30 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "7 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.382 ex Sep 1, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_9_distributions",
   "label": "Sum of the last 9 distributions",
   "value": "$3.4259",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "4.3%",
   "Price": "\u22124.7%",
   "Total return": "\u22120.4%",
   "QQQ": "\u22120.8%",
   "Ahead or behind": "+0.4 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "9.4%",
   "Price": "+4.6%",
   "Total return": "+14.2%",
   "QQQ": "+20.7%",
   "Ahead or behind": "\u22126.5 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "13.7%",
   "Price": "+1.6%",
   "Total return": "+16.0%",
   "QQQ": "+22.5%",
   "Ahead or behind": "\u22126.5 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has CAIQ paid over the last year?",
   "a": "Over the period from its launch on Nov 20, 2025 to Sep 11, 2026, CAIQ paid 13.7% of its starting price in cash distributions, while the price rose 1.6%."
  },
  {
   "q": "Is CAIQ ahead of QQQ?",
   "a": "Over the period from its launch on Nov 20, 2025 to Sep 11, 2026, with every distribution reinvested, CAIQ returned +16.0% against +22.5% for Nasdaq-100 (QQQ), so a holder was behind it by 6.5 points."
  },
  {
   "q": "How often does CAIQ pay, and how much?",
   "a": "CAIQ pays monthly. The latest distribution annualizes to 18.1% at its price on Sep 11, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "When does CAIQ next pay a distribution?",
   "a": "CAIQ pays monthly. The last distribution went ex on Sep 1, 2026 at $0.382 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 7 days."
  },
  {
   "q": "What does CAIQ cost?",
   "a": "The prospectus expense ratio is 0.74% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}