Data as of Nov 4, 2026.

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Income ETFs

CVRD vs DIVO: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, CVRD paid 7.7% of its price in cash against DIVO’s 6.8%, though DIVO returned more with it reinvested.

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Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $8.0bn on Nov 3, 2026 for Amplify CWP Enhanced Dividend Income ETF.

At a glance
7.7%
CVRD cash paid, 1 year
6.8%
DIVO cash paid, 1 year
+12.7%
CVRD total return, 1 year
+15.2%
DIVO total return, 1 year
CVRD · 1 year to Nov 4, 2026 10.4 pts behind its own stocks
CVRD
+12.7%
Own
+23.1%

10.4 pts behind its own stocks

CVRD over 1 year: paid 7.7%, price +4.3%, total +12.7%, its own stocks +23.1%, −10.4 pts. Data to Nov 4, 2026.

its own stocks

+23.1%

CVRD

+12.7%

7.7% of it arrived as cash

10.4 pts behind its own stocks

Total return, distributions reinvested

10.4 pts behind its own stocks

CVRD over 1 year: paid 7.7%, price +4.3%, total +12.7%, its own stocks +23.1%, −10.4 pts. Data to Nov 4, 2026.

its own stocks

+23.1%

CVRD

+12.7%

10.4 pts behind its own stocks

7.7% of it arrived as cash. Total return, distributions reinvested. CVRD over 1 year: paid 7.7%, price +4.3%, total +12.7%, its own stocks +23.1%, −10.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
DIVO · 1 year to Nov 4, 2026 About even with SPY
DIVO
+15.2%
SPY
+14.8%

About even with SPY

DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

DIVO

+15.2%

6.8% as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

DIVO

+15.2%

about even with SPY

6.8% of it arrived as cash. Both charts share one scale, 0 to +23.1%. DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +23.1%. Data to Nov 4, 2026.

Pair scorecard

DIVO costs 0.34 points a year less; their one-year returns differ by 2.5 points.

Points (pts) are percentage points.

CVRD vs DIVO: Dividend Yield & Total Return
MeasureCVRDDIVO
Paid and earned
Total return, 1 year+12.7%+15.2%
Price change, 1 yearrose 4.3%rose 7.9%
Against its benchmark
Benchmarkits own stocksS&P 500, measured through SPY
Cost and size
Expense ratio0.90%0.56%
Net assets, CVRD as of Jun 30, 2026 and DIVO as of Nov 3, 2026$32m$8.0bn
Holdings
Holdings in common9%
ETFIQ Distribution Coverage Score · DIVO scores higher How much of what it paid out did its total return cover?
IQ Income Score80.5CVRD89.5DIVO

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

9%

By the books each fund has filed, CVRD and DIVO hold 9% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

9% in common

Positions both hold · largest shared weight first CVRD DIVO
Microsoft Corp 3.85% 6.15%
Visa Inc 3.65% 5.64%
Archer-Daniels-Midland Co 4.54% 1.70%
Only in one fund ↓
Only in CVRD
Palo Alto Networks Inc 4.80%
Danaher Corp 4.29%
Amazon.com Inc 4.03%
Agilent Technologies Inc 3.95%
Broadcom Inc 3.55%
Union Pacific Corp 3.15%
PepsiCo Inc 3.05%
Blackrock Inc 3.01%
Only in DIVO
Amgen Inc 5.81%
Invesco Government & Agency Portfolio 12/31/2031 5.35%
JPMORGAN CHASE & CO. 5.08%
Apple Inc 5.07%
Goldman Sachs Group Inc 4.99%
American Express Co 4.23%
Caterpillar Inc 4.22%
Amplify Samsung SOFR ETF 4.10%
Check overlap with more funds →

Side by side

CVRD Madison Covered Call ETF · Covered call on its own stocks, paying quarterly DIVO Amplify CWP Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly
Strategy covered call dividend stocks with call overlay
Benchmark CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) S&P 500 (SPY)
Pays quarterly monthly
Payout rate, annualized 6.3% 4.8%
Expense ratio 0.90% 0.56%
Cash paid, 1 year 7.7% 6.8%
Price change, 1 year +4.3% +7.9%
Total return, 1 year +12.7% +15.2%
Benchmark return, 1 year +23.1% +14.8%
Ahead or behind −10.4 pts +0.4 pts
Return of capital, latest estimate not published 88%
Age 3.2 years 9.9 years
Net assets, CVRD as of Jun 30, 2026 and DIVO as of Nov 3, 2026 $32m $8.0bn

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: CVRD vs DIVO: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowCVRDDIVOCVRDDIVOCVRDDIVO
3 months+5.7%+1.5%1.6%1.2%−0.8 pts+1.6 pts
6 months+5.8%+7.7%3.2%2.5%−3.8 pts+2.7 pts
1 year+12.7%+15.2%7.7%6.8%−10.4 pts+0.4 pts
3 years+26.9%+61.8%27.7%19.8%not measured−21.1 pts
Since launchNot the same days: CVRD Aug 2023 · DIVO Dec 2016+27.2%+226.1%27.8%73.9%not measured−71.7 pts

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About each fund
CVRD

Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting value in cash distributions while its price rose 4.3%. With every distribution reinvested, the fund returned +12.7%. CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +23.1% over the same days, so a holder was behind by 10.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.3%, paid quarterly.

DIVO

Over the year to Nov 4, 2026, DIVO paid 6.8% of its starting value in cash distributions while its price rose 7.9%. With every distribution reinvested, the fund returned +15.2%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 4.8%, paid monthly. Amplify estimates that 88% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, CVRD or DIVO?
Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and DIVO paid 6.8%, so CVRD paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, CVRD or DIVO?
With every distribution reinvested, CVRD returned +12.7% and DIVO +15.2% over the year to Nov 4, 2026.
Which is cheaper, CVRD or DIVO?
CVRD charges 0.90% a year and DIVO charges 0.56%, so DIVO is cheaper. Fees come from each fund's prospectus.
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Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, CVRD against DIVO, data as of Nov 4, 2026. https://etfiq.com/compare/income/cvrd-vs-divo

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