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Data as of .

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

Over the year CVRD paid 7.4% of its price in cash against DIVO’s 6.8%, though DIVO returned more with it reinvested.

Madison Covered Call ETF and Amplify CWP Enhanced Dividend Income ETF.

7.4%CVRD cash paid, 1 year
6.8%DIVO cash paid, 1 year
+5.6%CVRD total return, 1 year
+14.6%DIVO total return, 1 year

ETFIQ Return Stability Score: DIVO scores higher

Was the payout funded by returns, or by your own capital?

CVRD 35.5DIVO 67.33.8, the lowest in this set96.8, the highest

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

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
DIVO2 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%DIVO+14.6%6.8% of it arrived as cash2 pts behind SPYTotal return, distributions reinvestedSPY+16.6%DIVO+14.6%2 pts behind SPY

What they hold in common

By the books each fund has filed, CVRD and DIVO hold 9% of their money in the same securities at the same weight.

Positions CVRD and DIVO both hold, largest shared weight first
HoldingCVRDDIVO
Microsoft Corp3.88%5.97%
Visa Inc3.68%5.15%
Archer-Daniels-Midland Co4.58%1.92%
Only in each
Only in CVRDOnly in DIVO
Palo Alto Networks Inc 4.84%Apple Inc 5.49%
Danaher Corp 4.32%Caterpillar Inc 5.34%
Amazon.com Inc 4.06%Invesco Government & Agency Portfolio 12/31/2031 5.02%
Agilent Technologies Inc 3.98%JPMORGAN CHASE & CO. 4.90%
Broadcom Inc 3.57%Goldman Sachs Group Inc/The 4.76%
Union Pacific Corp 3.17%Amgen Inc 4.74%
PepsiCo Inc 3.07%Chevron Corp 4.67%
Blackrock Inc 3.03%State Street Consumer Discretionary Select Sector SPDR ETF 4.53%

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 DIVO over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CVRDDIVOCVRDDIVOCVRDDIVO
3 months+4.0%+4.5%1.7%1.2%+1.7 pts+2.3 pts
6 months+5.7%+9.4%3.3%2.5%−12.3 pts−8.6 pts
1 year+5.6%+14.6%7.4%6.8%−11.0 pts−2.0 pts
3 years+19.5%+56.1%25.9%19.1%−58.9 pts−22.3 pts
Since launch+21.1%+218.8%26.3%72.4%−59.8 pts−76.3 pts
Open the live comparison on ETFIQ
CVRD and DIVO on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CVRD
Madison Covered Call ETF
Covered call on SPY, paying quarterly
DIVO
Amplify CWP Enhanced Dividend Income ETF
Dividend stocks with call overlay on SPY, paying monthly
IssuerMadisonAmplify
Strategycovered calldividend stocks with call overlay
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysquarterlymonthly
Payout rate, annualized6.5%4.9%
Expense ratio0.92%0.56%
Cash paid, 1 year7.4%6.8%
Price change, 1 year−2.2%+7.3%
Total return, 1 year+5.6%+14.6%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−11.0 pts−2.0 pts
Return of capital, latest estimatenot publishednot published
Age1123 days3565 days
Net assets$32m$7.8bn

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.

DIVO in plain words

Over the year to Sep 18, 2026, DIVO paid 6.8% of its starting value in cash distributions while its price rose 7.3%. With every distribution reinvested, the fund returned +14.6%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.9%, paid monthly.

Questions people ask

Which paid more, CVRD or DIVO?
Over the year to Sep 18, 2026, CVRD paid 7.4% 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 +5.6% and DIVO returned +14.6% over the year to Sep 18, 2026, so DIVO returned more.
Which is cheaper, CVRD or DIVO?
CVRD charges 0.92% a year and DIVO charges 0.56%, so DIVO 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 DIVO, 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 DIVO, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-divo Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources