Compare · 3 funds side by side · dividends reinvested

CVRD, SPY and IVV

CVRDMadison Funds×SPYSPDR×IVViShares×

Story of the three · Growth5Y$10,000 five years agoDividends reinvested · all three on one scale$18,118IVV · best of the three

02 / 04

CVRD, SPY and IVV, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

iShares Core S&P 500 ETFLow-Cost Core · S&P 5000.03%1.09%+13.4%+13.5%+24.2%+12.6%−8.9%12.9%$887B1.6

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%0.99%+13.3%+13.4%+24.1%+12.6%−8.9%12.9%$805B2.1

Madison Covered Call ETFIncome · Covered calls0.90%7.37%+8.8%+12.1%+9.6%[…]−5.7%9.2%$31M2.1

Rank among the three1st → 3rdFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 4, 2026 · returns include dividends · since: CVRD 2023 · SPY 1993 · IVV 2000

Head to Head

Swap sides Versus in desk

Head to Head

Madison Covered Call ETF · $31M[…]

CVRD

SPY

State Street SPDR S&P 500 ETF · $805B$18,060

$10,000 five years ago, dividends reinvested · they hold 13.1% in common

CVRDMeasureSPY

+8.8%Year to dateJan 1 → Nov 4+13.3%

+12.1%1 yearTotal return+13.4%

+9.6%3 years · per year$10,000 became $13,168 · $19,132+24.1%

[…]5 years · per year$10,000 became […] · $18,060+12.6%

0.90%Expense ratio$90 · $9 a year on $10k · lower is better0.09%

7.37%Trailing 12-mo yield$737 · $99 a year on $10k0.99%

−5.7%Worst dropSmaller is better−8.9%

9.2%VolatilityLower is calmer12.9%

CVRDSPY Winner of the row, in its colourEach row: the bigger of the two fills its side

3–4SPY wins

End-of-day Nov 4, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

CVRD vs SPY: Top 5 Holdings

Today

CVRD

32.9%in top 5

SPY

in top 527.3%

CVRDStockSPY

14.4%8AMMF0JAnot top 5

not top 5NVDA7.7%

not top 5AAPL7.4%

not top 5MSFT5.9%

5.3%DHRnot top 5

4.6%Vnot top 5

4.3%AMZN3.8%

4.3%ACNnot top 5

not top 5GOOGL2.5%

Held in common13.1%

End-of-day Nov 4, 2026 · share of each fund

CVRD vs SPY Returns, Every Period

Madison FundsCVRD

+12.1%

past year

SPYSPDR

+13.4%

past year

CVRDSPYFaded: behind in that period

0–3SPY wins

End-of-day Nov 4, 2026 · dividends in · faded = behind in that period

Income vs Core: CVRD vs IVV

YTD

Madison FundsCVRD

+8.8%

IVViShares

+13.4%

+8.8%Year to date+13.4%

−5.7%Worst drop · 1Y−8.9%

9.2%Volatility · 1Y12.9%

7.4%Yield1.1%

$31.3MAssets$887B

3–1CVRD wins

End-of-day Nov 4, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: CVRD, SPY, IVV

Today

0.03%lowest, IVV

FundExpense ratioFee$10k

IVV0.03%$3

SPY0.09%$9

CVRD0.90%$90

End-of-day Nov 4, 2026 · fee on $10,000 a year

Yields: CVRD, SPY, IVV

7.37%highest, CVRD

FundTrailing yieldYield$10k

CVRD7.37%$737

IVV1.09%$109

SPY0.99%$99

End-of-day Nov 4, 2026 · trailing 12-month yield

Income After Fees on $10,000

$647most kept, CVRD

CVRD$737 − $90 = $647

IVV$109 − $3 = $106

SPY$99 − $9 = $90

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee

Overlap: CVRD, SPY, IVV

Today

99.9%most shared, SPY and IVV

CVRDSPYIVV

CVRD—13.1%13.1%

SPY13.1%—99.9%

IVV13.1%99.9%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 3 ETFs

+13.5%IVV, at 12.9% volatility

CVRDWorst drop−5.7%9.2% vol

SPYWorst drop−8.9%12.9% vol

IVVWorst drop−8.9%12.9% vol

End-of-day Nov 4, 2026 · up and left is better

Paid More vs Made More

YTD

CVRDIVV

+8.8%Year to date+13.4%

7.4%Yield1.1%

+12.1%Past year+13.5%

0.90%Fee0.03%

3–1IVV wins

End-of-day Nov 4, 2026

Popular Pairs Near These Three

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

VOO vs IVV

YTD

VanguardVOO

+13.4%

IVViShares

+13.4%

+13.4%Year to date+13.4%

1.1%Yield1.1%

$1.00TAssets$887B

0–0level

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026