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Data as of Nov 4, 2026.

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Income ETFs

CVRD vs OARK: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OARK paid 33.3% of its price in cash against CVRD’s 7.7%, though CVRD returned more with it reinvested.

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Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $38m on Nov 3, 2026 for YieldMax Innovation Option Income Strategy ETF.

CVRD on its own →OARK on its own →
At a glance
7.7%
CVRD cash paid, 1 year
33.3%
OARK cash paid, 1 year
+12.7%
CVRD total return, 1 year
−2.6%
OARK 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% 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.
OARK · 1 year to Nov 4, 2026 1.1 pts ahead of ARKK
OARK
−2.6%
ARKK
−3.7%

1.1 pts ahead of ARKK

OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.

ARKK

−3.7%

OARK

−2.6%

1.1 pts ahead of ARKK

Total return, distributions reinvested

1.1 pts ahead of ARKK

OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.

ARKK

−3.7%

OARK

−2.6%

1.1 pts ahead of ARKK

33.3% of it arrived as cash. Both charts share one scale, with zero at the line. OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

CVRD costs 0.10 points a year less; their one-year returns differ by 15.3 points.

Points (pts) are percentage points.

CVRD vs OARK: Dividend Yield & Total Return
MeasureCVRDOARK
Paid and earned
Total return, 1 year+12.7%−2.6%
Price change, 1 yearrose 4.3%fell 36.6%
Against its benchmark
Benchmarkits own stocksARK Innovation ETF, measured through ARKK
Cost and size
Expense ratio0.90%1.00%
Net assets, CVRD as of Jun 30, 2026 and OARK as of Nov 3, 2026$32m$38m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · CVRD scores higher How much of what it paid out did its total return cover?
IQ Income Score80.5CVRD15.3OARK

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

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

0%

By the books each fund has filed, CVRD and OARK hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CVRD OARK
Only in one fund ↓
Only in CVRD
Palo Alto Networks Inc 4.80%
Archer-Daniels-Midland Co 4.54%
Danaher Corp 4.29%
Amazon.com Inc 4.03%
Agilent Technologies Inc 3.95%
Microsoft Corp 3.85%
Visa Inc 3.65%
Broadcom Inc 3.55%
Only in OARK
United States Treasury Note/Bond 3.375% 09/15/2027 31.70%
United States Treasury Note/Bond 2.375% 05/15/2027 25.99%
2ARKK US 11/20/26 C85.01 FLX 1.48%
ARKK US 11/06/26 C83 0.25%
ARKK US 11/06/26 C84 0.07%
ARKK US 11/06/26 C82 -0.16%
ARKK US 11/06/26 C81 -0.68%
2ARKK US 11/20/26 P85.01 FLX -7.39%
Check overlap with more funds →

Side by side

CVRD Madison Covered Call ETF · Covered call on its own stocks, paying quarterly OARK YieldMax Innovation Option Income Strategy ETF · Synthetic covered call on ARKK, paying weekly
Issuer Madison YieldMax
Strategy covered call synthetic covered call
Benchmark CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) ARK Innovation ETF (ARKK)
Pays quarterly weekly
Payout rate, annualized 6.3% 31.8%
Expense ratio 0.90% 1.00%
Cash paid, 1 year 7.7% 33.3%
Price change, 1 year +4.3% −36.6%
Total return, 1 year +12.7% −2.6%
Benchmark return, 1 year +23.1% −3.7%
Ahead or behind −10.4 pts +1.1 pts
Return of capital, latest estimate not published not published
Age 3.2 years 3.9 years
Net assets, CVRD as of Jun 30, 2026 and OARK as of Nov 3, 2026 $32m $38m

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 OARK: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowCVRDOARKCVRDOARKCVRDOARK
3 months+5.7%+1.6%1.6%8.3%−0.8 pts−3.9 pts
6 months+5.8%−2.3%3.2%17.8%−3.8 pts−3.3 pts
1 year+12.7%−2.6%7.7%33.3%−10.4 pts+1.1 pts
3 years+26.9%+62.6%27.7%95.8%not measured−36.1 pts
Since launchNot the same days: CVRD Aug 2023 · OARK Nov 2022+27.2%+47.8%27.8%90.4%not measured−75.3 pts

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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.

OARK

Over the year to Nov 4, 2026, OARK paid 33.3% of its starting value in cash distributions while its price fell 36.6%. With every distribution reinvested, the fund returned −2.6%. ARK Innovation ETF (ARKK) returned −3.7% over the same days, so a holder was ahead by 1.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.8%, paid weekly.

Questions people ask

Which paid more, CVRD or OARK?
Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and OARK paid 33.3%, so OARK 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 OARK?
With every distribution reinvested, CVRD returned +12.7% and OARK −2.6% over the year to Nov 4, 2026.
Which is cheaper, CVRD or OARK?
CVRD charges 0.90% a year and OARK charges 1.00%, so CVRD is cheaper. Fees come from each fund's prospectus.
Other comparisons
CVRD vs MAGYCVRD vs XSHPCVRD vs PCOVCVRD vs FDNDOARK vs RNTYOARK vs HEMIOARK vs GRNIOARK vs JUDO
Where to next
ARK Innovation ETF (ARKK) →CVRD on its own →OARK on its own →CVRD dividend history →CVRD holdings →OARK dividend history →OARK holdings →Method →Standards and sources →
Sources and dates
CVRD filings on SEC EDGAR ↗
CVRD prospectus with the expense ratio (SEC) ↗
Madison website ↗
OARK filings on SEC EDGAR ↗
OARK prospectus with the expense ratio (SEC) ↗
OARK 19a-1 distribution notice ↗
YieldMax page for OARK ↗

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.