Data as of .
CVRD vs KYLD: which paid, and which earned it?
CVRD and KYLD both write options for income.
What they hold in common
By the books each fund has filed, CVRD and KYLD hold 4% of their money in the same securities at the same weight.
| Holding | CVRD | KYLD |
|---|---|---|
| Broadcom Inc | 3.57% | 5.17% |
| Only in CVRD | Only in KYLD |
|---|---|
| Palo Alto Networks Inc 4.84% | TREASURY BILL 12.96% |
| Archer-Daniels-Midland Co 4.58% | TREASURY BILL 11.01% |
| Danaher Corp 4.32% | Global X Silver Miners ETF 7.09% |
| Amazon.com Inc 4.06% | VanEck Gold Miners ETF/USA 6.38% |
| Agilent Technologies Inc 3.98% | Advanced Micro Devices Inc 6.21% |
| Microsoft Corp 3.88% | Intel Corp 6.19% |
| Visa Inc 3.68% | Howmet Aerospace Inc 5.97% |
| Union Pacific Corp 3.17% | Teradyne Inc 5.77% |
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 | KYLD | CVRD | KYLD | CVRD | KYLD | |
| 3 months | +4.0% | −6.3% | 1.7% | 5.6% | +1.7 pts | −8.5 pts |
| 6 months | +5.7% | +24.4% | 3.3% | 14.1% | −12.3 pts | +6.4 pts |
| 1 year | +5.6% | not published | 7.4% | not published | −11.0 pts | not published |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +2.0% | 26.3% | 20.9% | −59.8 pts | −10.9 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | KYLD Kurv High Income ETF Option income on SPY, paying weekly | |
|---|---|---|
| Issuer | Madison | Kurv |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as a default proxy |
| Pays | quarterly | weekly |
| Payout rate, annualized | 6.5% | 25.6% |
| Expense ratio | 0.92% | 1.00% |
| Cash paid, 1 year | 7.4% | 20.9% (since launch on Oct 31, 2025) |
| Price change, 1 year | −2.2% | −20.5% |
| Total return, 1 year | +5.6% | +2.0% (since launch on Oct 31, 2025) |
| Benchmark return, 1 year | +16.6% | +12.9% |
| Ahead or behind | −11.0 pts | −10.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 1123 days | 322 days |
| Net assets | $32m | $49m |
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.
KYLD in plain words
Over the period since launch on Oct 31, 2025 to Sep 18, 2026, KYLD paid 20.9% of its starting value in cash distributions while its price fell 20.5%. With every distribution reinvested, the fund returned +2.0%. S&P 500 (SPY), used as a default proxy returned +12.9% over the same days, so a holder was behind by 10.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.6%, paid weekly. Kurv estimates that 100% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, CVRD or KYLD?
- CVRD charges 0.92% a year and KYLD charges 1.00%, 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 KYLD, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-kyld Free to use with attribution; the underlying files are at Open data.