Data as of .
BALI vs CVRD: which paid, and which earned it?
Over the year BALI paid 8.5% of its price in cash against CVRD’s 7.4%, and returned more with it reinvested.
ETFIQ Return Stability Score: BALI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, BALI and CVRD hold 16% of their money in the same securities at the same weight.
| Holding | BALI | CVRD |
|---|---|---|
| MICROSOFT | 5.07% | 3.88% |
| AMAZON.COM INC | 3.29% | 4.06% |
| BROADCOM INC | 2.25% | 3.57% |
| META PLATFORMS CLASS A | 1.80% | 2.66% |
| VISA CLASS A | 1.55% | 3.68% |
| PEPSICO | 0.71% | 3.07% |
| NEXTERA ENERGY | 0.57% | 2.49% |
| ADOBE INC | 0.39% | 2.84% |
| PALO ALTO NETWORKS | 0.34% | 4.84% |
| LOWES COMPANIES INC | 0.33% | 2.99% |
| ARCHER DANIELS MIDLAND | 0.29% | 4.58% |
| T MOBILE US INC | 0.28% | 2.85% |
| Only in BALI | Only in CVRD |
|---|---|
| NVIDIA 7.36% | Danaher Corp 4.32% |
| APPLE 6.15% | Agilent Technologies Inc 3.98% |
| BLK CSH FND TREASURY SL AGENCY 2.91% | Union Pacific Corp 3.17% |
| ALPHABET CLASS A 2.70% | Blackrock Inc 3.03% |
| ALPHABET CLASS C 2.38% | American Tower Corp 2.99% |
| EXXONMOBIL HOLDINGS CORP 1.74% | Matador Resources Co 2.98% |
| BERKSHIRE HATHAWAY INC CLASS B 1.69% | Transocean Ltd 2.93% |
| CHEVRON 1.65% | Marsh & McLennan Cos Inc 2.84% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | CVRD | BALI | CVRD | BALI | CVRD | |
| 3 months | +4.0% | +4.0% | 2.0% | 1.7% | +1.8 pts | +1.7 pts |
| 6 months | +17.3% | +5.7% | 4.7% | 3.3% | −0.8 pts | −12.3 pts |
| 1 year | +18.5% | +5.6% | 8.5% | 7.4% | +2.0 pts | −11.0 pts |
| 3 years | not published | +19.5% | not published | 25.9% | not published | −58.9 pts |
| Since launch | +76.3% | +21.1% | 29.2% | 26.3% | −8.0 pts | −59.8 pts |
| BALI iShares U.S. Large Cap Premium Income Active ETF Covered call on SPY, paying monthly | CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | |
|---|---|---|
| Issuer | iShares | Madison |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | quarterly |
| Payout rate, annualized | 7.5% | 6.5% |
| Expense ratio | 0.35% | 0.92% |
| Cash paid, 1 year | 8.5% | 7.4% |
| Price change, 1 year | +9.2% | −2.2% |
| Total return, 1 year | +18.5% | +5.6% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | +2.0 pts | −11.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1086 days | 1123 days |
| Net assets | $1.5bn | $32m |
BALI in plain words
Over the year to Sep 18, 2026, BALI paid 8.5% of its starting value in cash distributions while its price rose 9.2%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.
CVRD in plain words
Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting value in cash distributions while its price fell 2.2%. With every distribution reinvested, the fund returned +5.6%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.5%, paid quarterly.
Questions people ask
- Which paid more, BALI or CVRD?
- Over the year to Sep 18, 2026, BALI paid 8.5% of its starting price in cash and CVRD paid 7.4%, so BALI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, BALI or CVRD?
- With every distribution reinvested, BALI returned +18.5% and CVRD returned +5.6% over the year to Sep 18, 2026, so BALI returned more.
- Which is cheaper, BALI or CVRD?
- BALI charges 0.35% a year and CVRD charges 0.92%, so BALI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BALI against CVRD, data as of Sep 18, 2026. https://etfiq.com/compare/income/bali-vs-cvrd Free to use with attribution; the underlying files are at Open data.