Which paid more, CVRD or IQQQ?

Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and IQQQ paid 6.8%, 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 +12.7% and IQQQ +7.4% over the year to Nov 4, 2026.

Which is cheaper, CVRD or IQQQ?

CVRD charges 0.90% a year and IQQQ charges 0.55%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

CVRD vs IQQQ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, CVRD paid 7.7% of its price in cash against IQQQ’s 6.8%, and returned more with it reinvested.

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Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $380m on Nov 4, 2026 for ProShares Nasdaq-100 High Income ETF.

CVRD on its own →IQQQ on its own →

At a glance

7.7%

CVRD cash paid, 1 year

6.8%

IQQQ cash paid, 1 year

+12.7%

CVRD total return, 1 year

+7.4%

IQQQ 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.

IQQQ · 1 year to Nov 4, 2026 4.9 pts behind QQQ

IQQQ

+7.4%

QQQ

+12.3%

4.9 pts behind QQQ

IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

IQQQ

+7.4%

6.8% as cash

4.9 pts behind QQQ

Total return, distributions reinvested

4.9 pts behind QQQ

IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

IQQQ

+7.4%

4.9 pts behind QQQ

6.8% of it arrived as cash. Both charts share one scale, 0 to +23.1%. IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +23.1%. Data to Nov 4, 2026.

Pair scorecard

IQQQ costs 0.35 points a year less; their one-year returns differ by 5.3 points.

Points (pts) are percentage points.

CVRD vs IQQQ: Dividend Yield & Total Return
Measure	CVRD	IQQQ
Paid and earned
Measure	CVRD	IQQQ
Total return, 1 year	+12.7%	+7.4%
Price change, 1 year	rose 4.3%	rose 0.5%
Against its benchmark
Measure	CVRD	IQQQ
Benchmark	its own stocks	Nasdaq-100, measured through QQQ
Cost and size
Measure	CVRD	IQQQ
Expense ratio	0.90%	0.55%
Net assets, CVRD as of Jun 30, 2026 and IQQQ as of Nov 4, 2026	$32m	$380m
Holdings
Measure	CVRD	IQQQ
Holdings in common	17%

ETFIQ Distribution Coverage Score · CVRD scores higher How much of what it paid out did its total return cover?

IQ Income Score80.5CVRD64.4IQQQ

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

CVRD 80.5

IQQQ 64.4

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

17%

By the books each fund has filed, CVRD and IQQQ hold 17% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

17% in common

Positions both hold · largest shared weight first CVRD IQQQ

Microsoft Corp 3.85% 5.12%

Amazon.com Inc 4.03% 3.80%

Broadcom Inc 3.55% 2.39%

Meta Platforms Inc 2.64% 2.30%

Palo Alto Networks Inc 4.80% 1.17%

T-Mobile US Inc 2.83% 0.73%

PepsiCo Inc 3.05% 0.72%

QUALCOMM Inc 2.02% 0.67%

Adobe Inc 2.82% 0.44%

Comcast Corp 2.33% 0.36%

Synopsys Inc 2.51% 0.32%

Honeywell International Inc 1.47% 0.25%

Only in one fund ↓

Only in CVRD

Archer-Daniels-Midland Co 4.54%

Danaher Corp 4.29%

Agilent Technologies Inc 3.95%

Visa Inc 3.65%

Union Pacific Corp 3.15%

Blackrock Inc 3.01%

American Tower Corp 2.97%

Lowe's Cos Inc 2.97%

Only in IQQQ

NVIDIA Corp. 7.26%

Apple, Inc. 6.32%

Micron Technology, Inc. 4.06%

Advanced Micro Devices, Inc. 2.88%

Alphabet, Inc. 2.69%

Tesla, Inc. 2.50%

Alphabet, Inc. 2.49%

Walmart, Inc. 1.92%

Check overlap with more funds →

Side by side

CVRD Madison Covered Call ETF · Covered call on its own stocks, paying quarterly IQQQ ProShares Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly

Issuer Madison ProShares

Strategy covered call option income

Benchmark CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) Nasdaq-100 (QQQ)

Pays quarterly monthly

Payout rate, annualized 6.3% 6.1%

Expense ratio 0.90% 0.55%

Cash paid, 1 year 7.7% 6.8%

Price change, 1 year +4.3% +0.5%

Total return, 1 year +12.7% +7.4%

Benchmark return, 1 year +23.1% +12.3%

Ahead or behind −10.4 pts −4.9 pts

Return of capital, latest estimate not published 93%

Age 3.2 years 2.6 years

Net assets, CVRD as of Jun 30, 2026 and IQQQ as of Nov 4, 2026 $32m $380m

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 IQQQ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CVRD	IQQQ	CVRD	IQQQ	CVRD	IQQQ
3 months	+5.7%	−4.4%	1.6%	1.5%	−0.8 pts	−0.9 pts
6 months	+5.8%	−2.6%	3.2%	3.4%	−3.8 pts	−2.3 pts
1 year	+12.7%	+7.4%	7.7%	6.8%	−10.4 pts	−4.9 pts
3 years	+26.9%	–	27.7%	–	not measured	–
Since launchNot the same days: CVRD Aug 2023 · IQQQ Mar 2024	+27.2%	+44.2%	27.8%	25.6%	not measured	−13.8 pts

– means no data for this window. Open this comparison in the app →

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.

IQQQ

Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting value in cash distributions while its price rose 0.5%. With every distribution reinvested, the fund returned +7.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.1%, paid monthly. ProShares estimates that 93% of the distribution paid Nov 6, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, CVRD or IQQQ?: Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and IQQQ paid 6.8%, 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 +12.7% and IQQQ +7.4% over the year to Nov 4, 2026.
Which is cheaper, CVRD or IQQQ?: CVRD charges 0.90% a year and IQQQ charges 0.55%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

CVRD vs TDAQ CVRD vs QYLG CVRD vs QQQY CVRD vs QLDY IQQQ vs HEMI IQQQ vs GRNI IQQQ vs JUDO IQQQ vs RNTY

Where to next

Nasdaq-100 (QQQ) →CVRD on its own →IQQQ on its own →CVRD dividend history →CVRD holdings →IQQQ dividend history →IQQQ holdings →Method →Standards and sources →

Sources and dates

CVRD filings on SEC EDGAR ↗

CVRD prospectus with the expense ratio (SEC) ↗

Madison website ↗

IQQQ filings on SEC EDGAR ↗

IQQQ prospectus with the expense ratio (SEC) ↗

IQQQ 19a-1 distribution notice ↗

ProShares page for IQQQ ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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 IQQQ, data as of Nov 4, 2026. https://etfiq.com/compare/income/cvrd-vs-iqqq

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