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CPSLvsBUFTETF Comparison

ETF 1
CPSL

Calamos Laddered S&P 500 Structured Alt Protection ETF

This fund is part of
Options Strategies
-0.49%
VS
ETF 2
BUFT

FT Vest Buffered Allocation Defensive ETF

This fund is part of
Options Strategies
-0.49%

Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL) and FT Vest Buffered Allocation Defensive ETF (BUFT) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: Options Strategies. CPSL is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 1.21% for BUFT. CPSL is up 3.68% year-to-date (YTD) with +$54M in YTD flows. BUFT performs better with 7.08% YTD performance, and +$14M in YTD flows. Run a side-by-side ETF comparison of CPSL and BUFT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CPSL vs BUFT performance and flow charts

Performance

0.00.10.20.30.40.50.6%Aug 10Aug 17Aug 24Aug 31Sep 7

Cumulative Flows

0 M5 M10 M15 MAug 10Aug 17Aug 24Aug 31Sep 7

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Historic performance and flows
Data as of 09/10/2026
1M3MYTD1Y3Y5Y
Perf.
CPSL
BUFT
+0.14%+0.45%
+1.47%+1.91%
+3.68%+7.08%
+5.46%+9.55%
n/a+31.05%
n/an/a
Flows
CPSL
BUFT
+$18M+$1M
+$37M+$12M
+$54M+$14M
+$65M+$20M
-+$32M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
CPSL
BUFT
+1.68%+2.49%
+1.80%+3.05%
n/a+5.91%
n/an/a
Max drawdown
CPSL
BUFT
-0.32%-0.87%
-1.09%-1.83%
n/a-8.01%
n/an/a
Max drawdown duration
CPSL
BUFT
15d12d
41d9d
n/a79d
n/an/a
Trading data

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CPSL
BUFT
Last sale
9/11/2026 at 1:30 PM
$28.28
$26.37
Previous close
09/10/2026
$28.24
$26.32
Consolidated volume
09/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
CPSL
BUFT
Last price
$28.28
$26.37
1D performance
+0.14%
+0.19%
AuM$150.92 M$160.68 M
E/R0.79%1.21%
Characteristics
CPSL
BUFT
Management strategyActiveActive
ProviderCalamos InvestmentsFirst Trust
Benchmark--
N° of holdings11
Asset class--
Trailing 12m distribution yield
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Inception dateSeptember 9, 2024October 27, 2021
ESGNoNo
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Exposure

Countries

CPSL
Other
100%
BUFT
Other
100%

Sectors

CPSL
Other
100%
BUFT
Other
100%
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Diversification

CPSL

Total weight of top 12 holdings out of 12

99.91%
BUFT

Total weight of top 7 holdings out of 7

99.96%

Top 15 holdings

Data as of July 31, 2026
CPSL
US12811T8861
8.34%
US12811T7046
8.34%
US12811T8291
8.34%
US12811T7954
8.33%
US12811T8036
8.33%
US12811T7871
8.33%
US12811T8119
8.33%
US12811T7616
8.33%
US12811T7533
8.32%
US12811T7798
8.32%
US12811T6055
8.31%
US12811T7467
8.29%
BUFT
US33740U8100
17.29%
US33740F3670
15.69%
US33740F3340
15.09%
US33740F4744
14.17%
US33740U7862
13.19%
US33740F6152
12.40%
US33740U7110
12.13%
Frequently asked questions about CPSL and BUFT

How have the CPSL and BUFT ETFs performed in 2026?

As of September 10, 2026, CPSL is up 3.68% year-to-date (YTD), while BUFT has returned 7.08%. That puts BUFT better performer ahead so far this year.

Which ETF is attracting more investor money: CPSL or BUFT?

Year-to-date, the CPSL ETF saw +$54M in flows, compared to +$14M for BUFT.

Which ETF is more volatile: CPSL or BUFT?

Over the past year, CPSL had a volatility of 1.8%, while BUFT experienced 3.05%.

Which ETF is bigger: CPSL or BUFT?

As of September 10, 2026, CPSL holds $150.92 M in assets under management (AUM), while BUFT manages $160.68 M.

What are the top holdings of the CPSL ETF and BUFT ETF?

CPSL top holdings include US12811T8861, US12811T7046 and US12811T8291. BUFT holds in its top three: US33740U8100, US33740F3670 and US33740F3340.

Which ETF is more diversified: CPSL or BUFT?

CPSL has 12 securities and BUFT has 7 securities.

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