It works for me, Electrum 4.1.4 and ColdCard 4.1.1.

Is your ColdCard on the correct file format? Assuming that you do not hold anything sensitive on your SD card, you can try formatting it. Do backup anything you want on the SD card first. Afterwhich, go to Advance>MicroSD Card>Format Card. This will remove everything from your SD card and use the correct file system.