Data as of .
CVRD vs FGSI: which paid, and which earned it?
Over the year FGSI paid 8.1% of its price in cash against CVRD’s 7.4% and the two finished level on total return.
ETFIQ Return Stability Score: CVRD scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, CVRD and FGSI hold 14% of their money in the same securities at the same weight.
| Holding | CVRD | FGSI |
|---|---|---|
| Microsoft Corp | 3.88% | 2.45% |
| Newmont Corp | 2.21% | 2.70% |
| Adobe Inc | 2.84% | 2.05% |
| Meta Platforms Inc | 2.66% | 2.03% |
| Broadcom Inc | 3.57% | 1.90% |
| Marsh & McLennan Cos Inc | 2.84% | 1.88% |
| Stryker Corp | 1.99% | 1.69% |
| Only in CVRD | Only in FGSI |
|---|---|
| Palo Alto Networks Inc 4.84% | Palantir Technologies Inc. (Class A) 2.63% |
| Archer-Daniels-Midland Co 4.58% | Marvell Technology, Inc. 2.53% |
| Danaher Corp 4.32% | Arista Networks, Inc. 2.32% |
| Amazon.com Inc 4.06% | DexCom, Inc. 2.28% |
| Agilent Technologies Inc 3.98% | Intuitive Surgical, Inc. 2.22% |
| Visa Inc 3.68% | Target Corporation 2.22% |
| Union Pacific Corp 3.17% | CME Group Inc. 2.21% |
| PepsiCo Inc 3.07% | ResMed Inc. 2.21% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | FGSI | CVRD | FGSI | CVRD | FGSI | |
| 3 months | +4.0% | +2.4% | 1.7% | 2.1% | +1.7 pts | +0.2 pts |
| 6 months | +5.7% | +10.0% | 3.3% | 4.4% | −12.3 pts | −8.0 pts |
| 1 year | +5.6% | +5.3% | 7.4% | 8.1% | −11.0 pts | −11.3 pts |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +11.9% | 26.3% | 9.8% | −59.8 pts | −14.3 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Madison | First Trust |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as a default proxy |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 8.6% |
| Expense ratio | 0.92% | 0.85% |
| Cash paid, 1 year | 7.4% | 8.1% |
| Price change, 1 year | −2.2% | −3.2% |
| Total return, 1 year | +5.6% | +5.3% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.0 pts | −11.3 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1123 days | 449 days |
| Net assets | $32m | $2m |
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.
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
Questions people ask
- Which paid more, CVRD or FGSI?
- Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and FGSI paid 8.1%, so FGSI 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 FGSI?
- With every distribution reinvested, CVRD returned +5.6% and FGSI returned +5.3% over the year to Sep 18, 2026, so CVRD returned more.
- Which is cheaper, CVRD or FGSI?
- CVRD charges 0.92% a year and FGSI charges 0.85%, so FGSI 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.
Cite this page. ETFIQ, CVRD against FGSI, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-fgsi Free to use with attribution; the underlying files are at Open data.