Calamos Alternative Nasdaq & Bond ETF (CANQ) Performance
CANQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.9% since Dec 31, 2025
- 1 year
- +0.9% total return
- Since first price
- +34.7% since 2024
CANQ trailing returns vs AGG, TLT, SPY
| Period | CANQ total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.9% | −2.3% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.3% | −2.4% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.0% | −2.2% | −1.5% | −3.8% | +7.8% |
| YTD | +0.9% | −2.4% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.9% | −3.7% | −1.1% | −6.9% | +14.4% |
| Since inceptionFeb 13, 2024 | +34.7% | +18.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CANQ vs AGG
From Feb 13, 2024: CANQ grew to $13,472, AGG to $11,000.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CANQ returns by calendar year
1 of 1 full years positive. Best 2025 (+11.7%), worst 2025 (+11.7%). 2026 is year to date.
CANQ annual returns table
| Year | CANQ | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.9% | −8.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +11.7% | −12.8% | +7.2% | +4.3% | +17.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CANQ largest drawdowns
Now 6.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2025 | −12.8% | Apr 8, 2025 | Jun 30, 2025 | 53 days | 4 months |
| Oct 29, 2025 | −10.8% | Mar 30, 2026 | May 6, 2026 | 5 months | 6 months |
| Jul 10, 2024 | −9.0% | Aug 7, 2024 | Oct 14, 2024 | 28 days | 3 months |
| Jun 2, 2026 | −6.5% | Oct 23, 2026 | not yet | 5 months | 5 months so far |
| Dec 16, 2024 | −6.4% | Jan 14, 2025 | Feb 14, 2025 | 29 days | 2 months |
| Mar 7, 2024 | −6.0% | Apr 19, 2024 | Jun 5, 2024 | 43 days | 3 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
CANQ risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +11.8% |
| Volatility (annualized) | 11.0% |
| Sharpe ratio | 0.70 |
| Sortino ratio | 1.19 |
| Best month | +8.3% |
| Worst month | −5.4% |
| Best 12 months | +23.8% |
| Worst 12 months | +2.2% |
| Positive months | 61% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CANQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 21 | −2.3% | +16.1% | +23.8% | 95% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
CANQ performance overview
Calamos Alternative Nasdaq & Bond ETF (CANQ) returned +0.9% over the past year, with distributions reinvested. Since its first recorded price on Feb 13, 2024 it has returned +34.7%. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −12.8%, from Feb 14, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 11.0% a year.
Related: CANQ chart, CANQ dividends, CANQ bond profile. See the CANQ overview for the latest quote and fund facts.
CANQ performance FAQ
What is the CANQ return over the past year?
CANQ returned +0.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.7%.
How much would $10,000 invested in CANQ be worth?
$10,000 invested in CANQ at its first recorded close on February 13, 2024 would be worth about $13,472 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CANQ?
The largest peak-to-trough decline was −12.8% between February 14, 2025 and April 8, 2025. It recovered to the old high on June 30, 2025, 3 months after the bottom.
How volatile is CANQ?
Over the past history CANQ had an annualized volatility of 11.0% and a Sharpe ratio of 0.70 (excess return over 1–3 month T-bills per unit of risk).