Data as of Nov 4, 2026.
CVRD vs PCOV: Dividend Yield & Total Return
CVRD and PCOV both write options for income.
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Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $10m on Nov 2, 2026 for Principal Equity Premium Income ETF.
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% of it arrived 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.Not measured
PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.
PCOV
−0.1%
Total return, distributions reinvested
Not measured
PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.
PCOV
−0.1%
1.9% of it arrived as cash. Both charts share one scale, with zero at the line. PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
PCOV costs 0.56 points a year less.
Points (pts) are percentage points.
| Measure | CVRD | PCOV |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +12.7% | not published |
| Price change | rose 4.3% (1 year) | fell 2.0% (since Aug 19, 2026) |
| Against its benchmark | ||
| Benchmark | its own stocks | not published |
| Cost and size | ||
| Expense ratio | 0.90% | 0.34% |
| Net assets, CVRD as of Jun 30, 2026 and PCOV as of Nov 2, 2026 | $32m | $10m |
| Holdings | ||
| Holdings in common | not published | |
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CVRD | PCOV | CVRD | PCOV | CVRD | PCOV |
| 3 months | +5.7% | – | 1.6% | – | −0.8 pts | – |
| 6 months | +5.8% | – | 3.2% | – | −3.8 pts | – |
| 1 year | +12.7% | – | 7.7% | – | −10.4 pts | – |
| 3 years | +26.9% | – | 27.7% | – | not measured | – |
| Since launchNot the same days: CVRD Aug 2023 · PCOV Aug 2026 | +27.2% | −0.1% | 27.8% | 1.9% | not measured | not measured |
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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.
PCOV
Over the period from its first trade on Aug 19, 2026 to Nov 4, 2026, PCOV paid 1.9% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned −0.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 7.2%, paid periodically.
Questions people ask
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How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, CVRD against PCOV, data as of Nov 4, 2026. https://etfiq.com/compare/income/cvrd-vs-pcov
ETFIQ. (Nov 4, 2026). CVRD against PCOV. Retrieved from https://etfiq.com/compare/income/cvrd-vs-pcov
[CVRD against PCOV (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/cvrd-vs-pcov)
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