Data as of .
CVRD vs GPIX: which paid, and which earned it?
Over the year GPIX paid 8.8% of its price in cash against CVRD’s 7.4%, and returned more with it reinvested.
ETFIQ Return Stability Score: GPIX 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 GPIX hold 16% of their money in the same securities at the same weight.
| Holding | CVRD | GPIX |
|---|---|---|
| Microsoft Corp | 3.88% | 3.90% |
| Amazon.com Inc | 4.06% | 3.39% |
| Broadcom Inc | 3.57% | 2.80% |
| Meta Platforms Inc | 2.66% | 1.67% |
| Visa Inc | 3.68% | 0.99% |
| Palo Alto Networks Inc | 4.84% | 0.48% |
| NextEra Energy Inc | 2.49% | 0.34% |
| QUALCOMM Inc | 2.04% | 0.32% |
| PepsiCo Inc | 3.07% | 0.29% |
| Union Pacific Corp | 3.17% | 0.26% |
| Adobe Inc | 2.84% | 0.24% |
| Synopsys Inc | 2.53% | 0.18% |
| Only in CVRD | Only in GPIX |
|---|---|
| Matador Resources Co 2.98% | NVIDIA CORP 7.33% |
| Transocean Ltd 2.93% | APPLE INC 6.47% |
| ALPHABET INC 4.37% | |
| MICRON TECHNOLOGY INC 2.02% | |
| TESLA INC 1.89% | |
| BERKSHIRE HATHAWAY INC 1.51% | |
| ADVANCED MICRO DEVICES INC 1.48% | |
| ELI LILLY & COMPANY 1.48% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | GPIX | CVRD | GPIX | CVRD | GPIX | |
| 3 months | +4.0% | +2.6% | 1.7% | 2.1% | +1.7 pts | +0.3 pts |
| 6 months | +5.7% | +16.6% | 3.3% | 4.7% | −12.3 pts | −1.4 pts |
| 1 year | +5.6% | +17.0% | 7.4% | 8.8% | −11.0 pts | +0.4 pts |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +80.7% | 26.3% | 30.5% | −59.8 pts | −10.8 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | GPIX Goldman Sachs S&P 500 Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Madison | Goldman Sachs |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 8.6% |
| Expense ratio | 0.92% | 0.29% |
| Cash paid, 1 year | 7.4% | 8.8% |
| Price change, 1 year | −2.2% | +7.4% |
| Total return, 1 year | +5.6% | +17.0% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.0 pts | +0.4 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1123 days | 1058 days |
| Net assets | $32m | $5.8bn |
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.
GPIX in plain words
Over the year to Sep 18, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 7.4%. With every distribution reinvested, the fund returned +17.0%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
Questions people ask
- Which paid more, CVRD or GPIX?
- Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and GPIX paid 8.8%, so GPIX 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 GPIX?
- With every distribution reinvested, CVRD returned +5.6% and GPIX returned +17.0% over the year to Sep 18, 2026, so GPIX returned more.
- Which is cheaper, CVRD or GPIX?
- CVRD charges 0.92% a year and GPIX charges 0.29%, so GPIX 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 GPIX, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-gpix Free to use with attribution; the underlying files are at Open data.