Which paid more, CVRD or QXQ?

Over the year to Nov 12, 2026, CVRD paid 7.6% of its starting price in cash and QXQ paid 15.1%, so QXQ 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 QXQ?

With every distribution reinvested, CVRD returned +11.7% and QXQ +12.1% over the year to Nov 12, 2026.

Which is cheaper, CVRD or QXQ?

CVRD charges 0.90% a year and QXQ charges 0.98%, so CVRD is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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CVRD vs QXQ: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+0.4 pts

1 year to Nov 12, 2026: QXQ ahead, total return

Fee gap

0.08 pts

A year: CVRD 0.90%, QXQ 0.98%, per filings dated Jan 5, 2026 and Oct 28, 2026

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

CVRD costs 0.08 points a year less; their one-year returns differ by 0.4 points.

Points (pts) are percentage points.

CVRD vs QXQ: Dividend Yield & Total Return
Measure	CVRD	QXQ
Paid and earned
Measure	CVRD	QXQ
Total return, 1 year	+11.7%	+12.1%
Price change, 1 year	rose 3.4%	fell 4.7%
Against its benchmark
Measure	CVRD	QXQ
Benchmark	its own stocks	Nasdaq-100, measured through QQQ
Cost and size
Measure	CVRD	QXQ
Expense ratio	0.90%	0.98%
Net assets, CVRD as of Jun 30, 2026 and QXQ as of Aug 31, 2026	$32m	$82m
Holdings
Measure	CVRD	QXQ
Holdings in common	not published

ETFIQ Distribution Coverage Score · CVRD scores higher How much of what it paid out did its total return cover?

IQ Income Score85.1CVRD52QXQ

How much of its payouts the fund's total return covered, ranked against 171 income ETFs not writing on a single company. 100 is best. How it is computed

CVRD 85.1

QXQ 52

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

Key numbers

7.6%

CVRD cash paid, 1 year

15.1%

QXQ cash paid, 1 year

+11.7%

CVRD total return, 1 year

+12.1%

QXQ total return, 1 year

CVRD · 1 year to Nov 12, 2026 7.4 pts behind its own stocks

CVRD

+11.7%

Own

+19.1%

7.4 pts behind its own stocks

CVRD over 1 year: paid 7.6%, price +3.4%, total +11.7%, its own stocks +19.1%, −7.4 pts. Data to Nov 12, 2026.

its own stocks

+19.1%

CVRD

+11.7%

7.6% of it arrived as cash

7.4 pts behind its own stocks

Total return, distributions reinvested

7.4 pts behind its own stocks

CVRD over 1 year: paid 7.6%, price +3.4%, total +11.7%, its own stocks +19.1%, −7.4 pts. Data to Nov 12, 2026.

its own stocks

+19.1%

CVRD

+11.7%

7.4 pts behind its own stocks

7.6% of it arrived as cash. Total return, distributions reinvested. CVRD over 1 year: paid 7.6%, price +3.4%, total +11.7%, its own stocks +19.1%, −7.4 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

QXQ · 1 year to Nov 12, 2026 0.8 pts ahead of QQQ

QXQ

+12.1%

QQQ

+11.3%

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% of it arrived as cash

0.8 pts ahead of QQQ

Total return, distributions reinvested

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% cash

0.8 pts ahead of QQQ

15.1% of it arrived as cash. Both charts share one scale, with zero at the line. QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

CVRD Madison Covered Call ETF · Covered call on its own stocks, paying quarterly QXQ SGI Enhanced Nasdaq-100 ETF · Covered call on QQQ, paying quarterly

Issuer Madison SGI

Strategy covered call covered call

Benchmark CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) Nasdaq-100 (QQQ)

Pays quarterly quarterly

Payout rate, annualized 6.3% 1.0%

Expense ratio 0.90% 0.98%

Cash paid, 1 year 7.6% 15.1%

Price change, 1 year +3.4% −4.7%

Total return, 1 year +11.7% +12.1%

Benchmark return, 1 year +19.1% +11.3%

Ahead or behind −7.4 pts +0.8 pts

Return of capital, latest estimate not published not published

Age 3.2 years 2.4 years

Net assets, CVRD as of Jun 30, 2026 and QXQ as of Aug 31, 2026 $32m $82m

As of Nov 12, 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 QXQ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CVRD	QXQ	CVRD	QXQ	CVRD	QXQ
3 months	+2.9%	−5.4%	1.6%	0.2%	+0.6 pts	+0.5 pts
6 months	+7.4%	−3.8%	3.3%	0.5%	−1.2 pts	+0.4 pts
1 year	+11.7%	+12.1%	7.6%	15.1%	−7.4 pts	+0.8 pts
3 years	+28.3%	–	27.9%	–	not measured	–
Since launchNot the same days: CVRD Aug 2023 · QXQ Jun 2024	+27.4%	+47.7%	27.8%	22.8%	not measured	+2.2 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

CVRD

Over the year to Nov 12, 2026, CVRD paid 7.6% of its starting value in cash distributions while its price rose 3.4%. With every distribution reinvested, the fund returned +11.7%. CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +19.1% over the same days, so a holder was behind by 7.4 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 6.3%, paid quarterly.

QXQ

Over the year to Nov 12, 2026, QXQ paid 15.1% of its starting value in cash distributions while its price fell 4.7%. With every distribution reinvested, the fund returned +12.1%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 1.0%, paid quarterly.

Questions people ask

Which paid more, CVRD or QXQ?: Over the year to Nov 12, 2026, CVRD paid 7.6% of its starting price in cash and QXQ paid 15.1%, so QXQ 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 QXQ?: With every distribution reinvested, CVRD returned +11.7% and QXQ +12.1% over the year to Nov 12, 2026.
Which is cheaper, CVRD or QXQ?: CVRD charges 0.90% a year and QXQ charges 0.98%, so CVRD is cheaper. Fees come from each fund's prospectus.

Other comparisons

CVRD vs QRMI CVRD vs ROCQ CVRD vs QDTE CVRD vs FTQI QXQ vs JUDO QXQ vs RNTY QXQ vs TCAL QXQ vs HEMI

Where to next

Nasdaq-100 (QQQ) →CVRD on its own →QXQ on its own →CVRD dividend history →CVRD holdings →QXQ dividend history →Method →Standards and sources →

Sources and dates

CVRD filings on SEC EDGAR ↗

CVRD prospectus with the expense ratio (SEC) ↗

Madison website ↗

QXQ filings on SEC EDGAR ↗

QXQ prospectus with the expense ratio (SEC) ↗

SGI website ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CVRD against QXQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/cvrd-vs-qxq

Open data →

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

Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $82m on Aug 31, 2026 for SGI Enhanced Nasdaq-100 ETF.

CVRD on its own →QXQ on its own →

Growth of 100

CVRD and QXQ

Total return, distributions reinvested, 1 year.

CVRD +11.7%QXQ +12.1%

Nov 12, 2025Nov 12, 2026

CVRD +11.7%, QXQ +12.1%: QXQ +0.4 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.