IQ

CHDG Calamos Active Hedged Equity ETF

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$25.22
+0.9% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

From its Aug 4, 2026 launch to Nov 4, 2026, CHDG lost 0.3%, against −0.3% for VOO.

Which funds track the same index as CHDG, and what do they cost?Is a 0.66% fee low for a fund like CHDG?What does CHDG cost to hold and to trade?
Hedged equity fund: owns stocks and pays for protection against a fall, most often with put optionsCalamos ↗Expense ratio 0.66%First traded Aug 4, 2026Benchmark S&P 500 Index, measured by VOO, which tracks the same indexSEC filings ↗Every Calamos fund ETFIQ covers

Promise check: Not measuredIts strategy, equity hedged, states no objective ETFIQ can measure.

Compare with…Trading costsPut to the committeeaskIQ about CHDGAdd to portfolioAlerts

CHDG risk and return scorecard

vs VOO

Not measured: 11 weekly returns in common, under the 13 a card needs.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

What you earned

CHDG −0.4%, VOO −1.1%: total return over one month to Nov 4, 2026.
CHDG−0.4%
VOO−1.1%
CHDG −0.3%, VOO −0.1%: total return over three months to Nov 4, 2026.
CHDG−0.3%
VOO−0.1%
CHDG −0.3%, VOO −0.3%: total return since launch to Nov 4, 2026.
CHDG−0.3%
VOO−0.3%
askIQ: which funds track the same index as CHDG, and what do they cost? ↗

How concentrated, and what does it cost?

−0.3%
Total return since launch
Report
−0.3%
S&P 500 over the same days
Report
0.0 pts
Against its own benchmark
Report
66
Days it has traded
Report
Sector mix
Cost against like funds
askIQ: is a 0.66% fee low for a fund like CHDG? ↗

More on CHDG

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Price since launch, Aug 4, 2026

$25.22+0.9%1 day, priceClose, Nov 4, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

CHDG returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Oct 5 – Nov 4, 2026−0.4%−1.1%+0.7 pts
3M Aug 5 – Nov 4, 2026−0.3%−0.1%−0.2 pts
Since launch Aug 4 – Nov 4, 2026−0.3%−0.3%0.0 pts

Total returns, distributions reinvested. Listed Aug 2026: no 6 months, year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

CHDG key stats

High since Aug 4, 2026, daily closes to Nov 4, 2026 (ETFIQ)$25.44 on Aug 13, 2026
Low since Aug 4, 2026, daily closes to Nov 4, 2026 (ETFIQ)$24.89 on Sep 16, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$25.22, 60% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · CHDGas of Nov 4, 2026
·
Not scored0 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

CHDG for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
CHDG interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

CHDG is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About CHDG

IssuerCalamos
Strategy (ETFIQ, from its prospectus)Hedged equity
Expense ratio (497 XBRL, Aug 4, 2026)0.66%Report
Benchmark (ETFIQ, from its filings)S&P 500 Index, measured by VOO, which tracks the same indexReport
Benchmark named inits prospectus, 485BPOS, Jun 18, 2026
When stocks fellS&P 500 −4.9% in March 2026; CHDG not measured, as it first traded Aug 4, 2026, after March 2026 began
Weekly correlation with the S&P 500not measured, as it has fewer than 52 weeks of closes
First tradedAug 4, 2026
Days traded66
Quotedon an exchange, every trading day
How we measure
Weekly closes from Tiingo with distributions reinvested, 52 weeks to the same date for the fund, SPY and BIL. ETFIQ calculation. Method
IQ Investment Committee on CHDG

12 seats on CHDG, as of Nov 4, 2026: 2 Challenges, 9 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityDoes not apply
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingNot enough data
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put CHDG to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about CHDG

What does CHDG cost?
The prospectus expense ratio is 0.66% a year.
Why is CHDG listed as hedged equity?
ETFIQ files each fund by what its own prospectus says it does, and CHDG’s, filed Jun 18, 2026, describes a hedged equity fund.
Sources and dates
Prices, CHDG and Benchmark (VOO)Prices, Tiingo end of day ↗
Fee, 0.66%Prospectus filing with the expense ratio (SEC) ↗
SourceProspectus the strategy was read from (SEC) ↗
IssuerCalamos website ↗
All fund filingsFund filings on SEC EDGAR ↗
Calamos’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, CHDG, alternatives ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/chdg

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Correlation
How closely the fund’s weekly returns moved with the S&P 500’s over the last year, from −1 to 1. At 1 the two rise and fall together, at 0 there is no pattern, and below 0 the fund tended to move the other way.
Beta
How far the fund moved, on average, for each 1% move in the S&P 500 over the same weeks. At 0.3 it moved about 0.3% the same way; below 0 it moved the other way.
Down week
A week in which the S&P 500 fell, measured through SPY with dividends reinvested. A week that ended exactly level is not a down week.
Down-week capture
The fund’s average return in the S&P 500’s down weeks as a share of the index’s own average in those weeks. At 100% it fell as much, at 50% half as much, and below zero it rose. It is weekly and covers one year, so it is not the same number as Morningstar’s downside capture.
Against T-bills
The fund’s total return minus a short Treasury bill fund’s (BIL) over the same year, in percentage points. A fund can steady a portfolio and still earn less than cash.
Full definitions: alternatives ETFs vocabulary page. →
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Snapshot, Nov 4, 2026. More on the tabs above.