Calamos ETF Trust

03/17/2026 | Press release | Distributed by Public on 03/17/2026 09:35

Prospectus by Investment Company (Form 497)

Rule 497(e)

File No. 333-191151

CALAMOS ETF TRUST

(the "Trust")

Calamos S&P 500® Structured Alt Protection ETF® - November

(the "Fund")

Supplement dated March 17, 2026

to the Fund's Prospectus dated November 28, 2025, as amended

This supplement updates certain information contained in the Fund's prospectus and should be attached to the prospectus and retained for future reference.

Capitalized terms not defined herein have the same meaning as in the Fund's prospectus.

Effective immediately, under the sub-heading "What are the investment objectives and principal strategies of the Fund?" on page 15 of the prospectus, the reference to "7.43%" in the fifth paragraph is replaced with "6.78%".

Please retain this supplement for future reference

Calamos ETF Trust published this content on March 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 17, 2026 at 15:35 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]