Options, Volatility & Defensive
Calamos Autocallable Income UCITS ETF
Calamos Advisors LLC
ISIN IE000DHZXD61
- AUM
- £6.1mAs of 16 Sept 2026
- OCF / TER
- 0.74%
- Inception Date
- 23 Apr 2026
- Domicile
- Ireland
- Base Currency
- USD
- Instrument Type
- ETF
Fund Overview
Investment Objective
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the net total return of the MerQube US Large-Cap Vol Advantage Autocallable Index ("The Benchmark Index").
AltETF Comments
Index-tracking autocallable income strategy delivered through synthetic ETF exposure. The fund implements a laddered portfolio of synthetic autocallable notes via unfunded total return swaps alongside T-bills and cash collateral. Principal return drivers are contingent coupon income, barrier mechanics, volatility-managed US large-cap equity exposure and the rolling ladder structure; conventional market exposure remains materially linked to US large-cap equities, but with payoff reshaped by autocallable call, coupon and protection features.
Fees & Share Class
| Ongoing Charges | 0.74% |
|---|---|
| Share Class Currency | USD |
| Income Treatment | Accumulating |
| Currency Hedging | Unhedged |
| Other Available Share Classes | USD Dist |
| Registrations for Public Distribution | CH, DE, DK, ES, FI, FR, GB, IE, IT, NO, SE |
| UK Reporting Fund Status | Unknown |
Management & Structure
| Legal Issuer | Waystone ETF ICAV |
|---|---|
| Asset Manager | Calamos Advisors LLC |
| Fund Manager or Team | Jordan Rosenfeld; Shaheen Iqubal |
| Administrator | Northern Trust International Fund Administration Services |
| Custodian or Depositary | Northern Trust Fiduciary Services |
| Domicile | Ireland |
| Legal Structure | ICAV |
| Instrument Type | ETF |
| Management Approach | Index-tracking |
| Implementation Method | Synthetic replication via unfunded total return swaps referencing the benchmark index, with cash, cash equivalents and U.S. Treasuries used for collateral and liquidity management. |
| Underlying Index | MerQube US Large Cap Vol Advantage Autocallable TR Index (ticker: MQAUTOCL) |
| SFDR Classification | Article 6 |
Performance & Statistics
- MTD
- -1.9% as of 16 Sept 2026
- YTD
- 3.5% as of 16 Sept 2026
- 1Y
- —
- 3Y Annualised
- —
- 5Y Annualised
- —
Monthly Returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year Return |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | — | — | — | — | 3.4% | -1.1% | -0.2% | 2.0% | — | — | — | — | 4.2% |
As of 31 Aug 2026