Madison Covered Call ETFCVRD

Madison FundsIncomeCovered Calls#239 of 469 by YTD

$18.74

0.0% last session

+6.9% YTD

Data as of 11/6/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Aug 22, 2023 – Nov 6, 2026CVRDS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	0.0%	+2.9%	+1.5%	+6.9%	+10.3%	+28.0%	—	+25.0%
Peer average	+0.3%	−4.3%	−3.6%	+3.8%	+4.6%	+44.6%	+54.5%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

Key Statistics

Open all fund facts →

AUM: $31M
Expense ratio: 0.90%
Distribution yield: 7.5%
NAV: $18.78
Volume: 6
Avg. volume 30D: 451
High today: $19.02
Low today: $18.74
Previous close: $18.74
52-week high: $22.40
52-week low: $17.56
How bumpy · 1Y: 0.7× S&P↓ see why

CVRD in One Breath

CVRD Among Covered Calls ETFs

YTD

#1USOIETRACS+49.6%$308M

#2NDIVAmplify+32.8%$32.6M

#3WEEIWestwood+24.8%$109M

#4XOMOYieldMax+21.3%$35.5M

#5PAYRFederated Hermes+18.6%$95.9M

#6TNGYTortoise+17.8%$523M

#7CTEFCastellan+16.4%$582M

#8RDTYYieldMax+15.6%$14.7M

#34CVRDMadison Funds+6.9%$31.1M

End-of-day Nov 7, 2026 · 70 Covered calls ETFs by YTD

$10,000 in CVRD

$10,000 in CVRD became

$12,502

In the S&P 500 (VOO)

$17,508

Total return, dividends in · Aug 22, 2023 – Nov 6, 2026 · S&P 500 uses VOO

CVRD Returns by Period

Today

YTD

MAX

CVRD

0.0%

+2.9%

+1.5%

+6.9%

+10.3%

+28.0%

—

+25.0%

Peer average

+0.3%

−4.3%

−3.6%

+3.8%

+4.6%

+44.6%

+54.5%

—

S&P 500 · VOO

+0.3%

−5.0%

−4.6%

+8.7%

+9.8%

+80.8%

+71.8%

—

End-of-day Nov 7, 2026 · total return, dividends in · peers = 88 Covered calls ETFs

CVRD’s Income Rank

YTD

#239of 469
income ETFs

Best · MRNY+529.4%

Average+7.3%

CVRD+6.9%

Worst · XRPM−56.5%

Income ETFs by YTD return · Nov 7, 2026

CVRD Price and 52-Week Range

From the 52-week high

−16.4%

From the 52-week low

+6.7%

Today $18.74 – $19.02

Previous close $18.74

$18.74 now

52-week low$17.5652-week high$22.40

End-of-day Nov 7, 2026 · box = today’s range, dashed = previous close

CVRD’s Share of Covered Calls ETFs

Today

0.1%

of the $42.2B in 89 Covered calls ETFs

CVRD$31.1M0.1%

QYLD$8.2B19.6%

DIVO$7.9B18.8%

86 others$26.0B61.6%

Covered calls ETF AUM · Nov 7, 2026

CVRD Fee per $100 vs Peers

Today

$0.90a year
per $100

$90 a year on $10,000

DIVO$0.56

QYLD$0.60

XYLD$0.60

FTHI$0.75

ACIO$0.79

CVRD$0.90

Expense ratio · Covered calls peers · Nov 7, 2026

Inside CVRD

87 holdings

CVRD

Madison Covered Call ETF

Today

CVRD reports no holdings we can show: […]

Madison Funds CVRD · holdings

How It Compares

CVRD

Madison Covered Call ETF’s Peers


QYLD	Global XRead Desk	0.60%	+10.5%	+7.0%	$8.2B
DIVO	AmplifyRead Desk	0.56%	+11.2%	+9.0%	$7.9B
XYLD	Global XRead Desk	0.60%	+11.8%	+7.8%	$3.4B
FTHI	First TrustRead Desk	0.75%	+4.2%	+3.1%	$2.6B
ACIO	AptusRead Desk	0.79%	+4.4%	+4.7%	$2.3B
CVRD	Madison FundsThis fundRead Desk	0.90%	+10.3%	+6.9%	$31M

Covered calls peers · Past-year and ytd returns · as of Nov 8, 2026 · sorted by AUM

Head to Head

Put CVRD head to head with QYLD →

QYLD vs CVRD

YTD

QYLDGlobal X · Covered callsCVRDMadison Funds · Covered calls

Year to date

+7.0%

+6.9%

QYLD wins+0.1 pts

Past year

+10.5%

+10.3%

QYLD wins+0.2 pts

Fee

0.60%

0.90%

QYLD winslower fee

Yield

12.5%

7.5%

QYLD wins+5.0 pts

AUM

$8.2B

$31.1M

QYLD265.2× more

4–0QYLD wins

Global X QYLD and Madison Funds CVRD · year-to-date · as of Nov 8, 2026 · AUM not scored

CVRD vs VOO

CVRD · Madison Covered Call

+10.3%

VOO · S&P 500

+9.8%

Gap

0.5 pts

Madison Funds CVRD and Vanguard VOO · 1Y total return · as of Nov 8, 2026

CVRD vs Its Peer Average

YTD

CVRDAvsBPeer average

1D0.0%+0.3%

1M+2.9%−4.3%

3M+1.5%−3.6%

YTD+6.9%+3.8%

1Y+10.3%+4.6%

3Y+28.0%+44.6%

5Y[…]+54.5%

4–2CVRD wins

88 Covered calls peers · each row scaled to its leader

How Bumpy Is CVRD?

View

CVRD

How Bumpy

0.7×the S&P 500’s swings

CalmerBumpierS&P 1×CVRD

Calm rank among 7 covered calls funds#3

Other covered calls funds0.6× to 1.0×

Madison Funds CVRD · daily swings over the past year vs the S&P 500

CVRD

Worst Drop

−5.7%from its Jan 26 high

Still below the high−1.8%

$10,000 at the high is now$9,820

Madison Funds CVRD · fall from the highest close, past year

CVRD

On a Bad Day

0.3×the S&P 500’s fall

CVRD’s worst day: Thursday, Nov 5

CVRD

−1.8%

S&P 500

−4.4%

Up days51 of every 100

S&P 500 up days52 of every 100

Madison Funds CVRD · average move on days the S&P 500 fell

CVRD

Return for the Bumps

1Y#3 of 7 covered calls funds

#1XYLDGlobal X

most for the bumps

#2DIVOAmplify

#3CVRDMadison Funds

#4QYLDGlobal X

#5FTHIFirst Trust

#6ACIOAptus

#7TLTWiShares

lost money

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

CVRD

Cost

Today

$90a year per $10,000

TLTW

$35

DIVO

$56

QYLD

$60

XYLD

$60

FTHI

$75

ACIO

$79

CVRD

$90

Expense ratio 0.90%, taken from the fund’s value

CVRD

Volatility & Beta

9.4%annual volatility

S&P 500 volatility13.6%

Downside volatility6.4%

Beta vs SPY0.40

Correlation vs SPY0.57

Beta rank, lowest first, of 7#2

Daily total returns × √252 · past 254 trading days

CVRD

Max Drawdown

−5.7%peak to trough

Peak closeJan 26, 2026

Current drawdown−1.8%

Worst day−1.78% · Nov 5

Closing prices, dividends in

CVRD

Up / Down Capture

34%down capture vs SPY

Down days

34%

Up days

42%

S&P 500

100%

Up ÷ down capture1.24

Up days50.8% (S&P 52.0%)

Average daily move on SPY up days and down days

CVRD

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
XYLD	1.00	1.35	8.0%	−5.3%	0.52	$60
DIVO	0.79	1.16	9.9%	−6.0%	0.54	$56
CVRD	0.67	0.99	9.4%	−5.7%	0.40	$90
QYLD	0.50	0.66	13.4%	−9.0%	0.84	$60
FTHI	0.01	0.01	10.1%	−5.5%	0.67	$75
ACIO	0.01	0.01	9.9%	−6.6%	0.70	$79
TLTW	−0.50	−0.70	8.4%	−9.6%	0.19	$35

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

CVRD

Trading

Today

−0.23%below its holdings’ value

Close$18.74

NAV$18.78

Fee per $10,000$90 a year

Avg. volume 30D451 shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

CVRD

Fund Facts

Today

2023launched Aug 21

Tracks[…]

Exchange · CUSIPAMEX · 557441409

StructureETF

Leverage1x

Cost on $10,000$90 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Madison Funds CVRD · fund facts · as of Nov 8, 2026

CVRD

Payouts by Year

$0.30per share, Sep 2026

Distribution yield7.5%

PaidEvery quarter

Latest ex-date · paidSep 28 · Sep 30, 2026

12 payouts added up$5.56 a share

Madison Funds CVRD · distributions by ex-date · 2023–2026

All Fund FactsDocuments · trading · fees · every payout

Trading & Liquidity

Net asset value$18.78

Premium / discount[…]

Median spread · 30D[…]

Volume today6

Average volume · 30D451

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.90%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$90.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 28, 2026	Sep 30, 2026	$0.30
Jun 26, 2026	Jun 30, 2026	$0.30
Mar 27, 2026	Mar 31, 2026	$0.30
Dec 26, 2025	Dec 30, 2025	$0.51
Sep 26, 2025	Sep 29, 2025	$0.30
Jun 26, 2025	Jun 30, 2025	$0.30
Mar 27, 2025	Mar 31, 2025	$0.30
Dec 26, 2024	Dec 27, 2024	$0.47
Sep 26, 2024	Sep 30, 2024	$0.30
Jun 26, 2024	Jun 28, 2024	$0.82
Mar 26, 2024	Mar 28, 2024	$1.35
Dec 26, 2023	Dec 29, 2023	$0.30

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Madison Covered Call ETFCVRD

Key Statistics

CVRD in One Breath

Inside CVRD

How It Compares

Head to Head

How Bumpy Is CVRD?

The Details

Prospectus & Documents

Trading & Liquidity

Fees & Costs

Distributions