Data as of .
CVRD vs QUSA: which paid, and which earned it?
Over the year QUSA paid 13.8% of its price in cash against CVRD’s 7.4%, though CVRD returned more with it reinvested.
ETFIQ Return Stability Score: CVRD scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, CVRD and QUSA hold 21% of their money in the same securities at the same weight.
| Holding | CVRD | QUSA |
|---|---|---|
| Microsoft Corp | 3.88% | 6.08% |
| Broadcom Inc | 3.57% | 4.70% |
| Visa Inc | 3.68% | 3.37% |
| Blackrock Inc | 3.03% | 2.99% |
| Meta Platforms Inc | 2.66% | 4.28% |
| Adobe Inc | 2.84% | 2.32% |
| QUALCOMM Inc | 2.04% | 1.95% |
| Only in CVRD | Only in QUSA |
|---|---|
| Palo Alto Networks Inc 4.84% | Apple Inc 5.99% |
| Archer-Daniels-Midland Co 4.58% | NVIDIA Corp 5.78% |
| Danaher Corp 4.32% | Berkshire Hathaway Inc 5.35% |
| Amazon.com Inc 4.06% | Caterpillar Inc 4.91% |
| Agilent Technologies Inc 3.98% | Costco Wholesale Corp 4.40% |
| Union Pacific Corp 3.17% | Coca-Cola Co/The 4.33% |
| PepsiCo Inc 3.07% | Eli Lilly & Co 4.24% |
| American Tower Corp 2.99% | Walmart Inc 4.17% |
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 Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | QUSA | CVRD | QUSA | CVRD | QUSA | |
| 3 months | +4.0% | −1.9% | 1.7% | 3.6% | +1.7 pts | −3.6 pts |
| 6 months | +5.7% | +10.4% | 3.3% | 7.8% | −12.3 pts | −4.3 pts |
| 1 year | +5.6% | +3.5% | 7.4% | 13.8% | −11.0 pts | −11.7 pts |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +4.9% | 26.3% | 15.1% | −59.8 pts | −25.8 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | QUSA VistaShares Target 15 USA Quality Income ETF Covered call on QUAL, paying monthly | |
|---|---|---|
| Issuer | Madison | VistaShares |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | USA Quality (QUAL), used as the quality proxy |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 15.3% |
| Expense ratio | 0.92% | 0.97% |
| Cash paid, 1 year | 7.4% | 13.8% |
| Price change, 1 year | −2.2% | −11.0% |
| Total return, 1 year | +5.6% | +3.5% |
| Benchmark return, 1 year | +16.6% | +15.2% |
| Ahead or behind | −11.0 pts | −11.7 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1123 days | 500 days |
| Net assets | $32m | $22m |
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.
QUSA in plain words
Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting value in cash distributions while its price fell 11.0%. With every distribution reinvested, the fund returned +3.5%. USA Quality (QUAL), used as the quality proxy returned +15.2% over the same days, so a holder was behind by 11.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.
Questions people ask
- Which paid more, CVRD or QUSA?
- Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting price in cash and QUSA paid 13.8%, so QUSA 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 QUSA?
- With every distribution reinvested, CVRD returned +5.6% and QUSA returned +3.5% over the year to Sep 18, 2026, so CVRD returned more.
- Which is cheaper, CVRD or QUSA?
- CVRD charges 0.92% a year and QUSA charges 0.97%, 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 QUSA, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-qusa Free to use with attribution; the underlying files are at Open data.