CHDG - Calamos ETF Trust - Calamos Active Hedged Equity ETF

CHDG is a fund-of-funds aiming to generate total return while mitigating downside risk through an actively managed options overlay on the S&P 500 Index. It primarily invests in ETFs that hold constituents of the S&P 500 Index including, but is not limited to, SPYM, SPY, or VOO. The fund also writes/sells and buys put and call options on the S&P 500 funds and/or broad-based indices, as well as enter other options strategies to offset risks.

Sector
Financial Services
Industry
Asset Management
Market Cap
$2.5M
Beta
0.00
52-Week Range
24.89-25.51
IPO Date
Aug 4, 2026
Exchange
CBOE

CHDG Options Snapshot

Options pricing data for CHDG is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The CHDG overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

CHDG fund facts: expense ratio 0.64%, assets under management $2.5M, NAV $25.36 as of the data source's update on Oct 8, 2026, launched Aug 4, 2026, issued by Calamos. See the CHDG holdings.

Frequently asked CHDG overview questions

What is CHDG?
CHDG is the ticker symbol for Calamos ETF Trust - Calamos Active Hedged Equity ETF, an listed exchange-traded fund. CHDG is a fund-of-funds aiming to generate total return while mitigating downside risk through an actively managed options overlay on the S&P 500 Index. It primarily invests in ETFs that hold constituents of the S&P 500 Index including, but is not limited to, SPYM, SPY, or VOO. Listed on CBOE. CHDG is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are CHDG's key statistics?
Calamos ETF Trust - Calamos Active Hedged Equity ETF (CHDG) carries a market capitalization of $2.5M, 52-week range of 24.89-25.51. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does CHDG belong to?
Calamos ETF Trust - Calamos Active Hedged Equity ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CHDG's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the CHDG data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for CHDG, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.