What this ETF is trying to do

The Russell 2000 Structured Alt Protection ETF - October (CPRO) is an exchange-traded fund listed on the NYSE. Based on its name, it is designed to provide a structured approach to the Russell 2000 index with a focus on protection.

What the numbers show

As of October 5, 2026, the current share price is $28.76.

When looking at performance, we look at "price return" (the change in share price) and "total return" (which includes distributions). For this ETF, these numbers are the same because no distributions were paid.

• Year-to-Date (YTD): The price return and total return are both approximately 6.67%.

• One-Year: The price return and total return are both approximately 7.41%.

For a simple example, if you had invested $10,000 in this ETF roughly one year ago at the estimated price of $26.78, the price-only increase would be worth approximately $741 based on the one-year price return.

Income and distribution explanation

Some investors use ETFs to get regular cash payments, known as distributions. However, CPRO has a distribution yield of 0% and has had no payouts in the last 12 months. This means it does not currently provide cash income to investors.

NAV erosion explanation

"NAV erosion" happens when the underlying value of a fund's assets drops significantly over time. StockValueFinder uses an erosion-risk score to track this.

CPRO has an erosion score of 100, and the erosion label states "No price erosion detected." The erosion severity is listed as "good," and the severe erosion-risk flag is false. This means the fund has not triggered any warnings for substantial price deterioration.

Pros

• The ETF has shown positive price returns for both the year-to-date and one-year periods.

• There is no detected price erosion, meaning the share price has remained stable or grown.

Cons

• The ETF does not pay distributions, so it provides no cash income.

• There is no three-year or five-year performance data available.

• No specific holdings data was supplied.

Beginner takeaway

CPRO is an ETF that has seen its share price grow over the last year. While it does not pay out any cash income, it currently shows a healthy erosion-risk score. New investors should remember that a high distribution yield in other funds can sometimes be misleading if the share price is falling; however, since this fund pays nothing, its value is based entirely on its price movement.