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Data as of .

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

Over the year FTQI paid 12.0% of its price in cash against CVRD’s 7.4%, and returned more with it reinvested.

Madison Covered Call ETF and First Trust Nasdaq BuyWrite Income ETF.

7.4%CVRD cash paid, 1 year
12.0%FTQI cash paid, 1 year
+5.6%CVRD total return, 1 year
+21.5%FTQI total return, 1 year

ETFIQ Return Stability Score: FTQI scores higher

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

CVRD 35.5FTQI 763.8, 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% as cash11 pts behind SPYTotal return, distributions reinvestedSPY+16.6%CVRD+5.6%11 pts behind SPY
FTQIAbout even with QQQ · 1 year to Sep 18, 2026
QQQ+21.8%FTQI+21.5%12.0% of it arrived as cashabout even with QQQTotal return, distributions reinvestedQQQ+21.8%FTQI+21.5%12.0% cashabout even with QQQ

What they hold in common

By the books each fund has filed, CVRD and FTQI hold 12% of their money in the same securities at the same weight.

Positions CVRD and FTQI both hold, largest shared weight first
HoldingCVRDFTQI
Amazon.com Inc4.06%4.13%
Meta Platforms Inc2.66%2.75%
Broadcom Inc3.57%1.92%
Palo Alto Networks Inc4.84%1.42%
Microsoft Corp3.88%1.41%
Fiserv Inc2.40%0.15%
Only in each
Only in CVRDOnly in FTQI
Archer-Daniels-Midland Co 4.58%Apple Inc. 8.76%
Danaher Corp 4.32%NVIDIA Corporation 6.55%
Agilent Technologies Inc 3.98%US Dollar 5.75%
Visa Inc 3.68%Advanced Micro Devices, Inc. 5.41%
Union Pacific Corp 3.17%Cisco Systems, Inc. 3.18%
PepsiCo Inc 3.07%Tesla, Inc. 2.68%
Blackrock Inc 3.03%Palantir Technologies Inc. (Class A) 2.54%
American Tower Corp 2.99%Micron Technology, Inc. 2.38%

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 FTQI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CVRDFTQICVRDFTQICVRDFTQI
3 months+4.0%+4.0%1.7%2.9%+1.7 pts+6.5 pts
6 months+5.7%+18.3%3.3%6.3%−12.3 pts−5.9 pts
1 year+5.6%+21.5%7.4%12.0%−11.0 pts−0.3 pts
3 years+19.5%+62.9%25.9%37.0%−58.9 pts−35.3 pts
Since launch+21.1%+141.7%26.3%78.8%−59.8 pts−675.0 pts
Open the live comparison on ETFIQ
CVRD and FTQI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CVRD
Madison Covered Call ETF
Covered call on SPY, paying quarterly
FTQI
First Trust Nasdaq BuyWrite Income ETF
Covered call on QQQ, paying monthly
IssuerMadisonFirst Trust
Strategycovered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyNasdaq-100 (QQQ)
Paysquarterlymonthly
Payout rate, annualized6.5%11.9%
Expense ratio0.92%0.75%
Cash paid, 1 year7.4%12.0%
Price change, 1 year−2.2%+8.0%
Total return, 1 year+5.6%+21.5%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−11.0 pts−0.3 pts
Return of capital, latest estimatenot publishednot published
Age1123 days4637 days
Net assets$32m$975m

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.

FTQI in plain words

Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting value in cash distributions while its price rose 8.0%. With every distribution reinvested, the fund returned +21.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid monthly.

Questions people ask

Which paid more, CVRD or FTQI?
Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and FTQI paid 12.0%, so FTQI 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 FTQI?
With every distribution reinvested, CVRD returned +5.6% and FTQI returned +21.5% over the year to Sep 18, 2026, so FTQI returned more.
Which is cheaper, CVRD or FTQI?
CVRD charges 0.92% a year and FTQI charges 0.75%, so FTQI 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 FTQI, 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 FTQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-ftqi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources