Data as of .
CVRD vs QVOL: which paid, and which earned it?
CVRD and QVOL both write options for income.
What they hold in common
By the books each fund has filed, CVRD and QVOL hold 18% of their money in the same securities at the same weight.
| Holding | CVRD | QVOL |
|---|---|---|
| Amazon.com Inc | 4.06% | 7.61% |
| Microsoft Corp | 3.88% | 5.05% |
| Broadcom Inc | 3.57% | 3.42% |
| Meta Platforms Inc | 2.66% | 3.14% |
| QUALCOMM Inc | 2.04% | 1.22% |
| T-Mobile US Inc | 2.85% | 1.06% |
| Palo Alto Networks Inc | 4.84% | 1.03% |
| Synopsys Inc | 2.53% | 0.41% |
| PayPal Holdings Inc | 2.31% | 0.27% |
| Only in CVRD | Only in QVOL |
|---|---|
| Archer-Daniels-Midland Co 4.58% | NVIDIA Corp 8.53% |
| Danaher Corp 4.32% | Advanced Micro Devices Inc 6.17% |
| Agilent Technologies Inc 3.98% | Alphabet Inc 4.70% |
| Visa Inc 3.68% | Alphabet Inc 4.69% |
| Union Pacific Corp 3.17% | Micron Technology Inc 4.53% |
| PepsiCo Inc 3.07% | Marvell Technology Inc 4.30% |
| Blackrock Inc 3.03% | Intel Corp 3.01% |
| American Tower Corp 2.99% | Oracle Corp 2.53% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | QVOL | CVRD | QVOL | CVRD | QVOL | |
| 3 months | +4.0% | −3.7% | 1.7% | 3.0% | +1.7 pts | −1.2 pts |
| 6 months | +5.7% | not published | 3.3% | not published | −12.3 pts | not published |
| 1 year | +5.6% | not published | 7.4% | not published | −11.0 pts | not published |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +4.3% | 26.3% | 4.2% | −59.8 pts | +2.1 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | QVOL Infrastructure Capital Nasdaq Option Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | Madison | Infrastructure Capital |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 12.6% |
| Expense ratio | 0.92% | 0.82% |
| Cash paid, 1 year | 7.4% | 4.2% (since launch on May 12, 2026) |
| Price change, 1 year | −2.2% | 0.0% |
| Total return, 1 year | +5.6% | +4.3% (since launch on May 12, 2026) |
| Benchmark return, 1 year | +16.6% | +2.1% |
| Ahead or behind | −11.0 pts | +2.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1123 days | 129 days |
| Net assets | $32m | $8m |
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.
QVOL in plain words
Over the period since launch on May 12, 2026 to Sep 18, 2026, QVOL paid 4.2% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +4.3%. Nasdaq-100 (QQQ) returned +2.1% over the same days, so a holder was ahead by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.6%, paid monthly.
Questions people ask
- Which is cheaper, CVRD or QVOL?
- CVRD charges 0.92% a year and QVOL charges 0.82%, so QVOL 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 QVOL, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-qvol Free to use with attribution; the underlying files are at Open data.