Which paid more, CVRD or QYLD?

Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and QYLD paid 12.3%, so QYLD 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 QYLD?

With every distribution reinvested, CVRD returned +12.7% and QYLD +16.5% over the year to Nov 4, 2026.

Which is cheaper, CVRD or QYLD?

CVRD charges 0.90% a year and QYLD charges 0.60%, so QYLD is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

CVRD vs QYLD: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, QYLD paid 12.3% of its price in cash against CVRD’s 7.7%, and returned more with it reinvested.

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Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $8.5bn on Oct 12, 2026 for Global X NASDAQ 100 Covered Call ETF.

CVRD on its own →QYLD on its own →

At a glance

7.7%

CVRD cash paid, 1 year

12.3%

QYLD cash paid, 1 year

+12.7%

CVRD total return, 1 year

+16.5%

QYLD total return, 1 year

CVRD · 1 year to Nov 4, 2026 10.4 pts behind its own stocks

CVRD

+12.7%

Own

+23.1%

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.

QYLD · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ

QYLD

+16.5%

QQQ

+12.3%

4.2 pts ahead of QQQ

QYLD over 1 year: paid 12.3%, price +3.3%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QYLD

+16.5%

12.3% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

QYLD over 1 year: paid 12.3%, price +3.3%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QYLD

+16.5%

4.2 pts ahead of QQQ

12.3% of it arrived as cash. Both charts share one scale, 0 to +23.1%. QYLD over 1 year: paid 12.3%, price +3.3%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +23.1%. Data to Nov 4, 2026.

Pair scorecard

QYLD costs 0.30 points a year less; their one-year returns differ by 3.8 points.

Points (pts) are percentage points.

CVRD vs QYLD: Dividend Yield & Total Return
Measure	CVRD	QYLD
Paid and earned
Measure	CVRD	QYLD
Total return, 1 year	+12.7%	+16.5%
Price change, 1 year	rose 4.3%	rose 3.3%
Return of capital, issuer estimate		99% of the Sep 24, 2026 payment
Against its benchmark
Measure	CVRD	QYLD
Benchmark	its own stocks	Nasdaq-100, measured through QQQ
Cost and size
Measure	CVRD	QYLD
Expense ratio	0.90%	0.60%
Net assets, CVRD as of Jun 30, 2026 and QYLD as of Oct 12, 2026	$32m	$8.5bn
Holdings
Measure	CVRD	QYLD
Holdings in common	19%

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

IQ Income Score80.5CVRD72.8QYLD

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

CVRD 80.5

QYLD 72.8

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

What they share

19%

By the books each fund has filed, CVRD and QYLD hold 19% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

19% in common

Positions both hold · largest shared weight first CVRD QYLD

Amazon.com Inc 4.03% 4.93%

Microsoft Corp 3.85% 5.82%

Broadcom Inc 3.55% 3.11%

Meta Platforms Inc 2.64% 2.78%

Palo Alto Networks Inc 4.80% 1.26%

PepsiCo Inc 3.05% 0.89%

T-Mobile US Inc 2.83% 0.87%

QUALCOMM Inc 2.02% 0.72%

Adobe Inc 2.82% 0.47%

Comcast Corp 2.33% 0.40%

Synopsys Inc 2.51% 0.35%

Honeywell Aerospace Inc 1.45% 0.30%

Only in one fund ↓

Only in CVRD

Archer-Daniels-Midland Co 4.54%

Danaher Corp 4.29%

Agilent Technologies Inc 3.95%

Visa Inc 3.65%

Union Pacific Corp 3.15%

Blackrock Inc 3.01%

American Tower Corp 2.97%

Lowe's Cos Inc 2.97%

Only in QYLD

NVIDIA CORPORATION 8.20%

APPLE INC. 7.65%

MICRON TECHNOLOGY, INC. 4.32%

ADVANCED MICRO DEVICES, INC. 3.62%

ALPHABET INC. 3.50%

ALPHABET INC. 3.28%

TESLA, INC. 2.62%

WALMART INC. 2.53%

Check overlap with more funds →

Side by side

CVRD Madison Covered Call ETF · Covered call on its own stocks, paying quarterly QYLD Global X NASDAQ 100 Covered Call ETF · Covered call on QQQ, paying monthly

Issuer Madison Global X

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 monthly

Payout rate, annualized 6.3% 12.2%

Expense ratio 0.90% 0.60%

Cash paid, 1 year 7.7% 12.3%

Price change, 1 year +4.3% +3.3%

Total return, 1 year +12.7% +16.5%

Benchmark return, 1 year +23.1% +12.3%

Ahead or behind −10.4 pts +4.2 pts

Return of capital, latest estimate not published 99%

Age 3.2 years 12.9 years

Net assets, CVRD as of Jun 30, 2026 and QYLD as of Oct 12, 2026 $32m $8.5bn

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

Window by window: CVRD vs QYLD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CVRD	QYLD	CVRD	QYLD	CVRD	QYLD
3 months	+5.7%	+2.4%	1.6%	3.0%	−0.8 pts	+5.9 pts
6 months	+5.8%	+5.4%	3.2%	6.0%	−3.8 pts	+5.8 pts
1 year	+12.7%	+16.5%	7.7%	12.3%	−10.4 pts	+4.2 pts
3 years	+26.9%	+52.7%	27.7%	37.9%	not measured	−38.6 pts
Since launchNot the same days: CVRD Aug 2023 · QYLD Dec 2013	+27.2%	+194.8%	27.8%	117.5%	not measured	−610.5 pts

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Alert

About each fund

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.

QYLD

Over the year to Nov 4, 2026, QYLD paid 12.3% of its starting value in cash distributions while its price rose 3.3%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.2%, paid monthly. Global X estimates that 99% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, CVRD or QYLD?: Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and QYLD paid 12.3%, so QYLD 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 QYLD?: With every distribution reinvested, CVRD returned +12.7% and QYLD +16.5% over the year to Nov 4, 2026.
Which is cheaper, CVRD or QYLD?: CVRD charges 0.90% a year and QYLD charges 0.60%, so QYLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

CVRD vs QRMI CVRD vs GPIQ CVRD vs QQQI CVRD vs JEPQ QYLD vs HEMI QYLD vs GRNI QYLD vs JUDO QYLD vs RNTY

Where to next

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

Sources and dates

CVRD filings on SEC EDGAR ↗

CVRD prospectus with the expense ratio (SEC) ↗

Madison website ↗

QYLD filings on SEC EDGAR ↗

QYLD prospectus with the expense ratio (SEC) ↗

QYLD 19a-1 distribution notice ↗

Global X page for QYLD ↗

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.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CVRD against QYLD, data as of Nov 4, 2026. https://etfiq.com/compare/income/cvrd-vs-qyld

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