CAIQ ETF Analysis: Calamos Nasdaq Autocallable | NASDAQ
Derivative Income | NASDAQ, USA | Market Cap: 373m USD | 12M Return: 20.3% | US12811T5305 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.28M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 0.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Calamos Nasdaq Autocallable Income ETF (CAIQ) is a non-diversified, actively managed ETF that pursues a derivative income strategy. Under normal market conditions, it allocates at least 80% of total assets to U.S. Treasuries, cash, cash equivalents, box spreads, and unfunded total return swaps providing exposure to the index.
Rather than directly holding securities to replicate or track the underlying index, the fund uses synthetic exposure through total return swaps and similar instruments. Autocallable income ETFs typically employ structured payoff profiles with conditional early-call features and periodic distributions, using the Treasuries and cash buffer as collateral for the swap-based exposure.
- Nasdaq-100 volatility near autocall barriers triggers early redemption risk
- Treasury yield shifts impact swap economics and coupon income
- Rising demand for derivative income products accelerates AUM growth
As of October 05, 2026, the stock is trading at USD 26.10 with a total of 178,070 shares traded. Over the past week, the price has changed by +0.86%, over one month by +5.14%, over three months by +4.16% and over the past year by +20.34%.
Current recommended Stop Loss: 25.20 (which is 3.4% or 3 ATR below the current price).
Calamos Nasdaq Autocallable has no consensus analysts rating.