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Data as of .

CVRD vs DDDD: which paid, and which earned it?

CVRD and DDDD both write options for income.

Madison Covered Call ETF and YieldMax(R) U.S. Stocks Target Double Distribution ETF.

7.4%CVRD cash paid, 1 year
1.6%DDDD cash paid, 1 year
+5.6%CVRD total return, 1 year
+8.7%DDDD total return, 1 year
CVRD11 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%CVRD+5.6%7.4% of it arrived as cash11 pts behind SPYTotal return, distributions reinvestedSPY+16.6%CVRD+5.6%11 pts behind SPY
DDDD6.5 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%DDDD+8.7%6.5 pts behind SPYTotal return, distributions reinvestedSPY+15.3%DDDD+8.7%6.5 pts behind SPY

What they hold in common

By the books each fund has filed, CVRD and DDDD hold 10% of their money in the same securities at the same weight.

Positions CVRD and DDDD both hold, largest shared weight first
HoldingCVRDDDDD
PepsiCo Inc3.07%3.50%
Accenture PLC2.08%2.81%
Comcast Corp2.35%2.05%
QUALCOMM Inc2.04%2.73%
Archer-Daniels-Midland Co4.58%1.04%
Only in each
Only in CVRDOnly in DDDD
Palo Alto Networks Inc 4.84%Merck & Co Inc 4.93%
Danaher Corp 4.32%Abbott Laboratories 4.53%
Amazon.com Inc 4.06%Amgen Inc 4.38%
Agilent Technologies Inc 3.98%Coca-Cola Co/The 4.30%
Microsoft Corp 3.88%Chevron Corp 4.25%
Visa Inc 3.68%ConocoPhillips 4.07%
Broadcom Inc 3.57%Procter & Gamble Co/The 4.01%
Union Pacific Corp 3.17%Verizon Communications Inc 3.96%

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 21, 2026.

Performance, window by window

CVRD and DDDD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CVRDDDDDCVRDDDDDCVRDDDDD
3 months+4.0%+4.9%1.7%1.6%+1.7 pts+2.6 pts
6 months+5.7%+10.5%3.3%1.7%−12.3 pts−7.6 pts
1 year+5.6%not published7.4%not published−11.0 ptsnot published
3 years+19.5%not published25.9%not published−58.9 ptsnot published
Since launch+21.1%+8.7%26.3%1.6%−59.8 pts−6.5 pts
Open the live comparison on ETFIQ
CVRD and DDDD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CVRD
Madison Covered Call ETF
Covered call on SPY, paying quarterly
DDDD
YieldMax(R) U.S. Stocks Target Double Distribution ETF
Synthetic covered call on SPY
IssuerMadisonYieldMax
Strategycovered callsynthetic covered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysquarterlynot established
Payout rate, annualized6.5%18.4%
Expense ratio0.92%1.01%
Cash paid, 1 year7.4%1.6% (since launch on Mar 12, 2026)
Price change, 1 year−2.2%+7.0%
Total return, 1 year+5.6%+8.7% (since launch on Mar 12, 2026)
Benchmark return, 1 year+16.6%+15.3%
Ahead or behind−11.0 pts−6.5 pts
Return of capital, latest estimatenot published67%
Age1123 days190 days
Net assets$32m$7m

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.

DDDD in plain words

Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, CVRD or DDDD?
CVRD charges 0.92% a year and DDDD charges 1.01%, so CVRD 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.

CVRD against DDDD, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CVRD against DDDD, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-dddd Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources