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Data as of .

CVRD vs LAPR: which paid, and which earned it?

Over the year CVRD paid 7.4% of its price in cash against LAPR’s 5.9% and the two finished level on total return.

Madison Covered Call ETF and Innovator Premium Income 15 Buffer ETF - April.

7.4%CVRD cash paid, 1 year
5.9%LAPR cash paid, 1 year
+5.6%CVRD total return, 1 year
+6.1%LAPR total return, 1 year

ETFIQ Return Stability Score: LAPR scores higher

Was the payout funded by returns, or by your own capital?

CVRD 35.5LAPR 42.63.8, the lowest in this set96.8, the highest

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

CVRD11 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%CVRD+5.6%7.4% of it arrived as cash11 pts behind SPYTotal return, distributions reinvestedSPY+16.6%CVRD+5.6%11 pts behind SPY
LAPR10.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%LAPR+6.1%5.9% of it arrived as cash10.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%LAPR+6.1%10.5 pts behind SPY

What they hold in common

By the books each fund has filed, CVRD and LAPR hold 0% of their money in the same securities at the same weight.

Only in each
Only in CVRDOnly in LAPR
Palo Alto Networks Inc 4.84%TREASURY BILL 94.62%
Archer-Daniels-Midland Co 4.58%TREASURY BILL 0.54%
Danaher Corp 4.32%TREASURY BILL 0.54%
Amazon.com Inc 4.06%TREASURY BILL 0.54%
Agilent Technologies Inc 3.98%TREASURY BILL 0.54%
Microsoft Corp 3.88%TREASURY BILL 0.54%
Visa Inc 3.68%TREASURY BILL 0.54%
Broadcom Inc 3.57%TREASURY BILL 0.54%

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 Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

CVRD and LAPR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CVRDLAPRCVRDLAPRCVRDLAPR
3 months+4.0%+1.3%1.7%1.7%+1.7 pts−0.9 pts
6 months+5.7%+3.8%3.3%3.3%−12.3 pts−14.2 pts
1 year+5.6%+6.1%7.4%5.9%−11.0 pts−10.5 pts
3 years+19.5%not published25.9%not published−58.9 ptsnot published
Since launch+21.1%+16.1%26.3%13.8%−59.8 pts−34.1 pts
Open the live comparison on ETFIQ
CVRD and LAPR on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CVRD
Madison Covered Call ETF
Covered call on SPY, paying quarterly
LAPR
Innovator Premium Income 15 Buffer ETF - April
Buffer with income on SPY, paying monthly
IssuerMadisonInnovator
Strategycovered callbuffer with income
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysquarterlymonthly
Payout rate, annualized6.5%6.7%
Expense ratio0.92%0.79%
Cash paid, 1 year7.4%5.9%
Price change, 1 year−2.2%0.0%
Total return, 1 year+5.6%+6.1%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−11.0 pts−10.5 pts
Return of capital, latest estimatenot publishednot published
Age1123 days900 days
Net assets$32m$11m

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.

LAPR in plain words

Over the year to Sep 18, 2026, LAPR paid 5.9% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +6.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.7%, paid monthly.

Questions people ask

Which paid more, CVRD or LAPR?
Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and LAPR paid 5.9%, 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 LAPR?
With every distribution reinvested, CVRD returned +5.6% and LAPR returned +6.1% over the year to Sep 18, 2026, so LAPR returned more.
Which is cheaper, CVRD or LAPR?
CVRD charges 0.92% a year and LAPR charges 0.79%, so LAPR 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.

CVRD against LAPR, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CVRD against LAPR, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-lapr Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources