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Calamos Nasdaq Autocallable Income ETF
CAIQ (Calamos Nasdaq Autocallable Income ETF) is an index US Technology Equity ETF by Calamos. With a 0.74% MER, it provides diversified exposure.
CAIQ by Calamos is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.74% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.