Which paid more, CVRD or FEPI?

Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and FEPI paid 22.1%, so FEPI 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 FEPI?

With every distribution reinvested, CVRD returned +12.7% and FEPI +2.9% over the year to Nov 4, 2026.

Which is cheaper, CVRD or FEPI?

CVRD charges 0.90% a year and FEPI charges 0.65%, so FEPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

CVRD vs FEPI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FEPI paid 22.1% of its price in cash against CVRD’s 7.7%, though CVRD returned more with it reinvested.

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Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $679m on Nov 3, 2026 for REX FANG & Innovation Equity Premium Income ETF.

CVRD on its own →FEPI on its own →

At a glance

7.7%

CVRD cash paid, 1 year

22.1%

FEPI cash paid, 1 year

+12.7%

CVRD total return, 1 year

+2.9%

FEPI 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.

FEPI · 1 year to Nov 4, 2026 Not measured

FEPI

+2.9%

none

Not measured

FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

FEPI

+2.9%

Total return, distributions reinvested

Not measured

FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

FEPI

+2.9%

22.1% of it arrived as cash. Both charts share one scale, with zero at the line. FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FEPI costs 0.25 points a year less; their one-year returns differ by 9.8 points.

Points (pts) are percentage points.

CVRD vs FEPI: Dividend Yield & Total Return
Measure	CVRD	FEPI
Paid and earned
Measure	CVRD	FEPI
Total return, 1 year	+12.7%	+2.9%
Price change, 1 year	rose 4.3%	fell 19.3%
Against its benchmark
Measure	CVRD	FEPI
Benchmark	its own stocks	not published
Cost and size
Measure	CVRD	FEPI
Expense ratio	0.90%	0.65%
Net assets, CVRD as of Jun 30, 2026 and FEPI as of Nov 3, 2026	$32m	$679m
Holdings
Measure	CVRD	FEPI
Holdings in common	14%

Method

What they share

14%

By the books each fund has filed, CVRD and FEPI hold 14% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

14% in common

Positions both hold · largest shared weight first CVRD FEPI

Amazon.com Inc 4.03% 4.21%

Microsoft Corp 3.85% 4.23%

Broadcom Inc 3.55% 6.95%

Meta Platforms Inc 2.64% 4.25%

Only in one fund ↓

Only in CVRD

Palo Alto Networks Inc 4.80%

Archer-Daniels-Midland Co 4.54%

Danaher Corp 4.29%

Agilent Technologies Inc 3.95%

Visa Inc 3.65%

Union Pacific Corp 3.15%

PepsiCo Inc 3.05%

Blackrock Inc 3.01%

Only in FEPI

ALPHABET INC. 7.00%

APPLE INC. 6.90%

NVIDIA CORPORATION 6.68%

ADVANCED MICRO DEVICES, INC. 6.04%

MICRON TECHNOLOGY, INC. 5.88%

ORACLE CORPORATION 4.23%

PALANTIR TECHNOLOGIES INC. 4.22%

TESLA, INC. 4.22%

Check overlap with more funds →

Side by side

CVRD Madison Covered Call ETF · Covered call on its own stocks, paying quarterly FEPI REX FANG & Innovation Equity Premium Income ETF · Covered call, paying weekly

Issuer Madison REX

Strategy covered call covered call

Benchmark CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) none

Pays quarterly weekly

Payout rate, annualized 6.3% 24.9%

Expense ratio 0.90% 0.65%

Cash paid, 1 year 7.7% 22.1%

Price change, 1 year +4.3% −19.3%

Total return, 1 year +12.7% +2.9%

Benchmark return, 1 year +23.1% not published

Ahead or behind −10.4 pts not available

Return of capital, latest estimate not published not published

Age 3.2 years 3.1 years

Net assets, CVRD as of Jun 30, 2026 and FEPI as of Nov 3, 2026 $32m $679m

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 FEPI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CVRD	FEPI	CVRD	FEPI	CVRD	FEPI
3 months	+5.7%	−1.5%	1.6%	6.4%	−0.8 pts	not measured
6 months	+5.8%	−2.4%	3.2%	11.2%	−3.8 pts	not measured
1 year	+12.7%	+2.9%	7.7%	22.1%	−10.4 pts	not measured
3 years	+26.9%	+55.6%	27.7%	69.1%	not measured	not measured
Since launchNot the same days: CVRD Aug 2023 · FEPI Oct 2023	+27.2%	+56.7%	27.8%	69.6%	not measured	not measured

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Alert

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.

FEPI

Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting value in cash distributions while its price fell 19.3%. With every distribution reinvested, the fund returned +2.9%. At its price on Nov 4, 2026 the latest distribution annualizes to 24.9%, paid weekly.

Questions people ask

Which paid more, CVRD or FEPI?: Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and FEPI paid 22.1%, so FEPI 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 FEPI?: With every distribution reinvested, CVRD returned +12.7% and FEPI +2.9% over the year to Nov 4, 2026.
Which is cheaper, CVRD or FEPI?: CVRD charges 0.90% a year and FEPI charges 0.65%, so FEPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

CVRD vs YYY CVRD vs SIXH CVRD vs ULTY CVRD vs SDVD FEPI vs HEMI FEPI vs GRNI FEPI vs JUDO FEPI vs RNTY

Where to next

All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →CVRD on its own →FEPI on its own →CVRD dividend history →CVRD holdings →FEPI dividend history →FEPI holdings →Method →Standards and sources →

Sources and dates

CVRD filings on SEC EDGAR ↗

CVRD prospectus with the expense ratio (SEC) ↗

Madison website ↗

FEPI filings on SEC EDGAR ↗

FEPI prospectus with the expense ratio (SEC) ↗

REX page for FEPI ↗

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

How this is computed

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

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.