Calamos Active Hedged Equity ETF (CHDG)

The Calamos Active Hedged Equity ETF (CHDG) is an actively managed exchange-traded fund from Calamos Investments that seeks equity market participation with reduced downside volatility.

The fund holds a portfolio of stocks and uses options strategies, such as buying protective puts and selling calls, to hedge against market declines. This approach is intended to give up some upside in strong markets in exchange for cushioning losses during downturns.