Data as of .
CVRD vs IQQQ: which paid, and which earned it?
Over the year CVRD paid 7.4% of its price in cash against IQQQ’s 6.5%, though IQQQ returned more with it reinvested.
ETFIQ Return Stability Score: IQQQ 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 IQQQ hold 19% of their money in the same securities at the same weight.
| Holding | CVRD | IQQQ |
|---|---|---|
| Amazon.com Inc | 4.06% | 4.27% |
| Microsoft Corp | 3.88% | 4.92% |
| Broadcom Inc | 3.57% | 3.11% |
| Meta Platforms Inc | 2.66% | 2.74% |
| QUALCOMM Inc | 2.04% | 1.09% |
| Palo Alto Networks Inc | 4.84% | 0.93% |
| T-Mobile US Inc | 2.85% | 0.84% |
| PepsiCo Inc | 3.07% | 0.80% |
| Honeywell International Inc | 1.48% | 0.61% |
| Adobe Inc | 2.84% | 0.43% |
| Synopsys Inc | 2.53% | 0.37% |
| Comcast Corp | 2.35% | 0.36% |
| Only in CVRD | Only in IQQQ |
|---|---|
| Archer-Daniels-Midland Co 4.58% | ProShares GENIUS Money Market ETF 7.60% |
| Danaher Corp 4.32% | NVIDIA Corp. 7.54% |
| Agilent Technologies Inc 3.98% | Apple, Inc. 6.74% |
| Visa Inc 3.68% | Micron Technology, Inc. 4.44% |
| Union Pacific Corp 3.17% | Advanced Micro Devices, Inc. 3.41% |
| Blackrock Inc 3.03% | Alphabet, Inc. 3.25% |
| American Tower Corp 2.99% | Tesla, Inc. 3.20% |
| Lowe's Cos Inc 2.99% | Alphabet, Inc. 3.01% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | IQQQ | CVRD | IQQQ | CVRD | IQQQ | |
| 3 months | +4.0% | −3.1% | 1.7% | 1.8% | +1.7 pts | −0.6 pts |
| 6 months | +5.7% | +19.1% | 3.3% | 4.2% | −12.3 pts | −5.1 pts |
| 1 year | +5.6% | +17.7% | 7.4% | 6.5% | −11.0 pts | −4.1 pts |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +51.5% | 26.3% | 24.4% | −59.8 pts | −13.0 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | IQQQ ProShares Nasdaq-100 High Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | Madison | ProShares |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 5.7% |
| Expense ratio | 0.92% | 0.97% |
| Cash paid, 1 year | 7.4% | 6.5% |
| Price change, 1 year | −2.2% | +10.8% |
| Total return, 1 year | +5.6% | +17.7% |
| Benchmark return, 1 year | +16.6% | +21.8% |
| Ahead or behind | −11.0 pts | −4.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1123 days | 912 days |
| Net assets | $32m | $405m |
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.
IQQQ in plain words
Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +17.7%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, paid monthly.
Questions people ask
- Which paid more, CVRD or IQQQ?
- Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and IQQQ paid 6.5%, so CVRD 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 IQQQ?
- With every distribution reinvested, CVRD returned +5.6% and IQQQ returned +17.7% over the year to Sep 18, 2026, so IQQQ returned more.
- Which is cheaper, CVRD or IQQQ?
- CVRD charges 0.92% a year and IQQQ charges 0.97%, so CVRD 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 IQQQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-iqqq Free to use with attribution; the underlying files are at Open data.