If the first few months of 2026 can serve as any indication, we believe shifting macroeconomic conditions are not exactly going to go away any time soon. For advisors, this can lead to difficulty in making sure their clients meet their financial goals.
Given the turbulent track record of the U.S. market this year, many advisors are turning to ETFs that blend income with equity exposure. The reasoning behind this shift is fairly straightforward.
The Calamos Alternative Nasdaq & Bond ETF (CANQ) fund delivered strong results during its debut year, generating 24% returns, keeping pace with the Nasdaq-100. Notably, CANQ maintained a standard deviation of 16.7%, lower than Nasdaq's 22.3%.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Michael Byun SageView Advisory Group LLC | 3 | $90 | $91.77 | $1.77 | 1.97% |
Elliot Kallen Prosperity Wealth Management, Inc. | 9,727 | $282,417.68 | $298,521.63 | $16,103.95 | 5.7% |
Christopher C. Powers Farther Finance Advisors, LLC | 5,249 | $153,191.3 | $159,184.32 | $5,993.02 | 3.91% |
| RM Rich Mowrer Brookwood Investment Group LLC | 15,148 | $454,734.08 | $460,196.24 | $5,462.16 | 1.2% |
| NASDAQ (NMS) Exchange | US Country |
The fund is an investment entity that seeks to achieve its investment objective by allocating its assets primarily in equity instruments, such as stocks and equity ETFs, and fixed income instruments, including bonds and fixed income ETFs. Its strategy is structured to provide investors with convertible security-like exposure to companies listed in the Nasdaq-100 Index. This involves investing at least 80% of its net assets, potentially up to 100%, into the said financial instruments, possibly utilizing borrowings for investment purposes to meet its strategic goals. The fund operates with a non-diversified status, which means it may invest a larger portion of its assets in fewer issuers than a diversified fund.
The fund invests a significant portion of its assets in equity instruments, such as individual stocks and exchange-traded funds (ETFs) that track equity indices. This includes the possibility of investing in options, which are derivatives that provide the rights to buy or sell a stock at a predetermined price, offering the fund leverage and hedging opportunities. The focus on equity instruments is to gain direct exposure to the performance of the companies within the Nasdaq-100 Index, capitalizing on their growth potential.
To balance its investment portfolio, the fund also allocates a portion of its assets to fixed income instruments. This includes bonds, which are debt securities that corporations or governments issue to raise capital, and fixed income ETFs that pool various debt securities. Investing in fixed income instruments allows the fund to generate regular interest income, providing a stabilizing effect on the portfolio by offsetting the volatility associated with equity investments. This strategic blend aims at delivering convertible security-like exposure, mirroring the balanced risk and reward characteristics typically found in convertible securities.