Data as of .
CVRD vs ISPY: which paid, and which earned it?
Over the year CVRD paid 7.4% of its price in cash against ISPY’s 5.6%, though ISPY returned more with it reinvested.
ETFIQ Return Stability Score: ISPY 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 ISPY hold 17% of their money in the same securities at the same weight.
| Holding | CVRD | ISPY |
|---|---|---|
| Microsoft Corp | 3.88% | 4.60% |
| Amazon.com Inc | 4.06% | 3.64% |
| Broadcom Inc | 3.57% | 2.92% |
| Meta Platforms Inc | 2.66% | 1.91% |
| Visa Inc | 3.68% | 0.76% |
| QUALCOMM Inc | 2.04% | 0.37% |
| Palo Alto Networks Inc | 4.84% | 0.31% |
| PepsiCo Inc | 3.07% | 0.27% |
| NextEra Energy Inc | 2.49% | 0.25% |
| Salesforce Inc | 2.47% | 0.25% |
| Union Pacific Corp | 3.17% | 0.21% |
| Blackrock Inc | 3.03% | 0.21% |
| Only in CVRD | Only in ISPY |
|---|---|
| Matador Resources Co 2.98% | ProShares GENIUS Money Market ETF 10.56% |
| Transocean Ltd 2.93% | NVIDIA Corp. 7.07% |
| Honeywell Aerospace Inc 1.46% | Apple, Inc. 6.31% |
| Alphabet, Inc. 3.05% | |
| Alphabet, Inc. 2.42% | |
| Tesla, Inc. 1.69% | |
| Micron Technology, Inc. 1.50% | |
| Eli Lilly & Co. 1.21% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | ISPY | CVRD | ISPY | CVRD | ISPY | |
| 3 months | +4.0% | +1.4% | 1.7% | 1.5% | +1.7 pts | −0.8 pts |
| 6 months | +5.7% | +14.7% | 3.3% | 3.6% | −12.3 pts | −3.3 pts |
| 1 year | +5.6% | +13.5% | 7.4% | 5.6% | −11.0 pts | −3.1 pts |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +53.4% | 26.3% | 25.8% | −59.8 pts | −14.5 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | ISPY ProShares S&P 500 High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Madison | ProShares |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 5.8% |
| Expense ratio | 0.92% | 0.56% |
| Cash paid, 1 year | 7.4% | 5.6% |
| Price change, 1 year | −2.2% | +7.6% |
| Total return, 1 year | +5.6% | +13.5% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.0 pts | −3.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1123 days | 1003 days |
| Net assets | $32m | $1.2bn |
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.
ISPY in plain words
Over the year to Sep 18, 2026, ISPY paid 5.6% of its starting value in cash distributions while its price rose 7.6%. With every distribution reinvested, the fund returned +13.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.8%, paid monthly.
Questions people ask
- Which paid more, CVRD or ISPY?
- Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and ISPY paid 5.6%, 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 ISPY?
- With every distribution reinvested, CVRD returned +5.6% and ISPY returned +13.5% over the year to Sep 18, 2026, so ISPY returned more.
- Which is cheaper, CVRD or ISPY?
- CVRD charges 0.92% a year and ISPY charges 0.56%, so ISPY 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 ISPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-ispy Free to use with attribution; the underlying files are at Open data.