The start of 2026 has brought no shortage of challenges for advisors, ranging from shifting rate expectations to valuation concerns in a top-heavy market. Nonetheless, ETFs gathered an impressive $165 billion of new money in January, more than the previous three Januaries combined, according to State Street Investment Management.
Each new year tends to prompt discussion about potential shifts in the U.S. Federal Reserve's rate‑cutting cycle. Given the current macroeconomic picture, and what may be expected looking ahead, 2026's rate regime may be an interesting one.
The U.S. exchange traded fund industry reached a significant milestone on Wednesday. There are now over 4,000 ETFs trading at the same time.
The macro picture for 2025 in large-cap equities seems fairly promising, in our opinion. Even though the cloud of uncertainty hangs over upcoming federal policy making, there are still indicators supporting large caps.
Investors often turn to ETFs with structured outcomes when seeking more stable, risk-averse results. Traditionally, Structured Outcome ETFs provide varying degrees of protection from potential downside risks.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the Calamos S&P 500 Structured Alt Protection ETF – November (CPSN) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
It's no secret that many market assets have had a strong runup in the last year. Major equity market indices, such as the S&P 500, Nasdaq-100, and Russell 2000, posted robust year-to-date results through October 2024.
In recent years, megacap tech stocks have often been the obvious choice for equity investors seeking long-term capital appreciation. Driven in part by momentum in the AI industry, large tech companies such as NVIDIA, Microsoft, and Apple have seen substantial growth over the last year.
Even with the Federal Reserve's interest rate-cutting cycle underway, trepidation remains about the economy's direction. Right now, investors are facing some conflicting economic signals.
When Calamos launched the first of its S&P 500 Structured Protection Funds, Calamos S&P 500® Structured Alt Protection ETF™ – May (CPSM), on May 1, 2024, it ignited tremendous enthusiasm among investors. “People loved the idea of getting 100% capital protection over a one-year outcome with strong upside opportunity relative to the S&P 500.
On September 9, Calamos Investments launched the Calamos Laddered S&P 500® Structured Alt Protection ETF (CPSL), the first-ever laddered structured outcome fund. CPSL is available on the Cboe BZX Exchange.