Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

Over the year DJIA paid 10.5% of its price in cash against CVRD’s 7.4%, and returned more with it reinvested.

Madison Covered Call ETF and Global X Dow 30 Covered Call ETF.

7.4%CVRD cash paid, 1 year
10.5%DJIA cash paid, 1 year
+5.6%CVRD total return, 1 year
+13.7%DJIA total return, 1 year

ETFIQ Return Stability Score: DJIA scores higher

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

CVRD 35.5DJIA 69.73.8, 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
DJIAAbout even with DIA · 1 year to Sep 18, 2026
DIA+13.5%DJIA+13.7%10.5% of it arrived as cashabout even with DIATotal return, distributions reinvestedDIA+13.5%DJIA+13.7%10.5% cashabout even with DIA

What they hold in common

By the books each fund has filed, CVRD and DJIA hold 14% of their money in the same securities at the same weight.

Positions CVRD and DJIA both hold, largest shared weight first
HoldingCVRDDJIA
Microsoft Corp3.88%5.74%
Visa Inc3.68%4.28%
Amazon.com Inc4.06%2.95%
Salesforce Inc2.47%2.77%
Honeywell International Inc1.48%2.40%
Only in each
Only in CVRDOnly in DJIA
Palo Alto Networks Inc 4.84%GOLDMAN SACHS GROUP INC 10.95%
Archer-Daniels-Midland Co 4.58%CATERPILLAR INC 9.40%
Danaher Corp 4.32%AMGEN INC 4.48%
Agilent Technologies Inc 3.98%UNITEDHEALTH GROUP INC 4.38%
Broadcom Inc 3.57%TRAVELERS COS INC/THE 4.36%
Union Pacific Corp 3.17%JPMORGAN CHASE & CO 4.07%
PepsiCo Inc 3.07%ALPHABET INC-CL A 4.06%
Blackrock Inc 3.03%APPLE INC 3.91%

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

CVRD and DJIA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CVRDDJIACVRDDJIACVRDDJIA
3 months+4.0%+3.8%1.7%1.7%+1.7 pts+3.4 pts
6 months+5.7%+11.3%3.3%4.1%−12.3 pts−2.7 pts
1 year+5.6%+13.7%7.4%10.5%−11.0 pts+0.2 pts
3 years+19.5%+36.8%25.9%29.3%−58.9 pts−20.1 pts
Since launch+21.1%+42.6%26.3%39.6%−59.8 pts−25.6 pts
Open the live comparison on ETFIQ
CVRD and DJIA on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CVRD
Madison Covered Call ETF
Covered call on SPY, paying quarterly
DJIA
Global X Dow 30 Covered Call ETF
Covered call on DIA, paying monthly
IssuerMadisonGlobal X
Strategycovered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyDow Jones Industrial Average (DIA)
Paysquarterlymonthly
Payout rate, annualized6.5%6.3%
Expense ratio0.92%0.60%
Cash paid, 1 year7.4%10.5%
Price change, 1 year−2.2%+2.4%
Total return, 1 year+5.6%+13.7%
Benchmark return, 1 year+16.6%+13.5%
Ahead or behind−11.0 pts+0.2 pts
Return of capital, latest estimatenot published84%
Age1123 days1667 days
Net assets$32m$189m

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.

DJIA in plain words

Over the year to Sep 18, 2026, DJIA paid 10.5% of its starting value in cash distributions while its price rose 2.4%. With every distribution reinvested, the fund returned +13.7%. Dow Jones Industrial Average (DIA) returned +13.5% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly. Global X estimates that 84% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, CVRD or DJIA?
Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and DJIA paid 10.5%, so DJIA 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 DJIA?
With every distribution reinvested, CVRD returned +5.6% and DJIA returned +13.7% over the year to Sep 18, 2026, so DJIA returned more.
Which is cheaper, CVRD or DJIA?
CVRD charges 0.92% a year and DJIA charges 0.60%, so DJIA 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 DJIA, 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 DJIA, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-djia Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources