Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

CVRD and ODTE both write options for income.

Madison Covered Call ETF and VegaShares SPX NDX RTY Premium Income ETF.

7.4%CVRD cash paid, 1 year
6.7%ODTE cash paid, 1 year
+5.6%CVRD total return, 1 year
+6.2%ODTE total return, 1 year
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
ODTE10.5 pts behind SPY · since launch to Sep 18, 2026
SPY+16.7%ODTE+6.2%6.7% of it arrived as cash10.5 pts behind SPYTotal return, distributions reinvestedSPY+16.7%ODTE+6.2%10.5 pts behind SPY

What they hold in common

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

Only in each
Only in CVRDOnly in ODTE
Palo Alto Networks Inc 4.84%Invesco Nasdaq 100 ETF 33.70%
Archer-Daniels-Midland Co 4.58%Vanguard S&P 500 ETF 33.27%
Danaher Corp 4.32%Vanguard Russell 2000 ETF 33.03%
Amazon.com Inc 4.06%
Agilent Technologies Inc 3.98%
Microsoft Corp 3.88%
Visa Inc 3.68%
Broadcom Inc 3.57%

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.

Performance, window by window

CVRD and ODTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CVRDODTECVRDODTECVRDODTE
3 months+4.0%−4.8%1.7%3.4%+1.7 pts−7.0 pts
6 months+5.7%not published3.3%not published−12.3 ptsnot published
1 year+5.6%not published7.4%not published−11.0 ptsnot published
3 years+19.5%not published25.9%not published−58.9 ptsnot published
Since launch+21.1%+6.2%26.3%6.7%−59.8 pts−10.5 pts
Open the live comparison on ETFIQ
CVRD and ODTE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CVRD
Madison Covered Call ETF
Covered call on SPY, paying quarterly
ODTE
VegaShares SPX NDX RTY Premium Income ETF
Covered call on SPY, paying weekly
IssuerMadisonVegaShares
Strategycovered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY), used as a default proxy
Paysquarterlyweekly
Payout rate, annualized6.5%14.1%
Expense ratio0.92%0.68%
Cash paid, 1 year7.4%6.7% (since launch on Apr 2, 2026)
Price change, 1 year−2.2%−0.3%
Total return, 1 year+5.6%+6.2% (since launch on Apr 2, 2026)
Benchmark return, 1 year+16.6%+16.7%
Ahead or behind−11.0 pts−10.5 pts
Return of capital, latest estimatenot publishednot published
Age1123 days169 days
Net assets$32m$3m

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.

ODTE in plain words

Over the period since launch on Apr 2, 2026 to Sep 18, 2026, ODTE paid 6.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +6.2%. S&P 500 (SPY), used as a default proxy returned +16.7% 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 14.1%, paid weekly.

Questions people ask

Which is cheaper, CVRD or ODTE?
CVRD charges 0.92% a year and ODTE charges 0.68%, so ODTE 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 ODTE, 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 ODTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-odte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources