Which paid more, CVRD or RDVI?

Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and RDVI paid 9.1%, so RDVI 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 RDVI?

With every distribution reinvested, CVRD returned +12.7% and RDVI +22.0% over the year to Nov 4, 2026.

Which is cheaper, CVRD or RDVI?

CVRD charges 0.90% a year and RDVI charges 0.75%, so RDVI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

CVRD vs RDVI: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, RDVI paid 9.1% of its price in cash against CVRD’s 7.7%, and returned more with it reinvested.

askIQ about this page

askIQ about CVRD and RDVI

Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $3.9bn on Nov 3, 2026 for FT Vest Rising Dividend Achievers Target Income ETF.

CVRD on its own →RDVI on its own →

At a glance

7.7%

CVRD cash paid, 1 year

9.1%

RDVI cash paid, 1 year

+12.7%

CVRD total return, 1 year

+22.0%

RDVI 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.

RDVI · 1 year to Nov 4, 2026 About even with RDVY

RDVI

+22.0%

RDVY

+22.2%

About even with RDVY

RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

RDVY

+22.2%

RDVI

+22.0%

9.1% of it arrived as cash

about even with RDVY

Total return, distributions reinvested

About even with RDVY

RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

RDVY

+22.2%

RDVI

+22.0%

about even with RDVY

9.1% of it arrived as cash. Both charts share one scale, 0 to +23.1%. RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

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

Pair scorecard

RDVI costs 0.15 points a year less; their one-year returns differ by 9.3 points.

Points (pts) are percentage points.

CVRD vs RDVI: Dividend Yield & Total Return
Measure	CVRD	RDVI
Paid and earned
Measure	CVRD	RDVI
Total return, 1 year	+12.7%	+22.0%
Price change, 1 year	rose 4.3%	rose 12.2%
Against its benchmark
Measure	CVRD	RDVI
Benchmark	its own stocks	First Trust Rising Dividend Achievers ETF, measured through RDVY
Cost and size
Measure	CVRD	RDVI
Expense ratio	0.90%	0.75%
Net assets, CVRD as of Jun 30, 2026 and RDVI as of Nov 3, 2026	$32m	$3.9bn
Holdings
Measure	CVRD	RDVI
Holdings in common	12%

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

IQ Income Score80.5CVRD92.5RDVI

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

RDVI 92.5

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

12%

By the books each fund has filed, CVRD and RDVI hold 12% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

12% in common

Positions both hold · largest shared weight first CVRD RDVI

Visa Inc 3.65% 2.35%

Microsoft Corp 3.85% 2.16%

Accenture PLC 2.06% 2.35%

Meta Platforms Inc 2.64% 1.89%

PayPal Holdings Inc 2.30% 1.78%

Salesforce Inc 2.45% 1.51%

QUALCOMM Inc 2.02% 0.49%

Only in one fund ↓

Only in CVRD

Palo Alto Networks Inc 4.80%

Archer-Daniels-Midland Co 4.54%

Danaher Corp 4.29%

Amazon.com Inc 4.03%

Agilent Technologies Inc 3.95%

Broadcom Inc 3.55%

Union Pacific Corp 3.15%

PepsiCo Inc 3.05%

Only in RDVI

The Travelers Companies, Inc. 2.39%

Veralto Corporation 2.34%

Automatic Data Processing, Inc. 2.32%

The Allstate Corporation 2.23%

Expedia Group, Inc. 2.17%

Chubb Limited 2.16%

The Bank of New York Mellon Corporation 2.15%

GE Vernova Inc. 2.13%

Check overlap with more funds →

Side by side

CVRD Madison Covered Call ETF · Covered call on its own stocks, paying quarterly RDVI FT Vest Rising Dividend Achievers Target Income ETF · Writes calls on the S&P 500, measured against the Nasdaq US Rising Dividend Achievers Index, paying monthly

Issuer Madison First Trust

Strategy covered call dividend stocks with call overlay

Benchmark CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) First Trust Rising Dividend Achievers ETF (RDVY)

Pays quarterly monthly

Payout rate, annualized 6.3% 8.3%

Expense ratio 0.90% 0.75%

Cash paid, 1 year 7.7% 9.1%

Price change, 1 year +4.3% +12.2%

Total return, 1 year +12.7% +22.0%

Benchmark return, 1 year +23.1% +22.2%

Ahead or behind −10.4 pts −0.2 pts

Return of capital, latest estimate not published 40%

Age 3.2 years 4.0 years

Net assets, CVRD as of Jun 30, 2026 and RDVI as of Nov 3, 2026 $32m $3.9bn

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 RDVI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CVRD	RDVI	CVRD	RDVI	CVRD	RDVI
3 months	+5.7%	−1.9%	1.6%	2.0%	−0.8 pts	+0.6 pts
6 months	+5.8%	+7.9%	3.2%	4.3%	−3.8 pts	+0.1 pts
1 year	+12.7%	+22.0%	7.7%	9.1%	−10.4 pts	−0.2 pts
3 years	+26.9%	+76.0%	27.7%	30.9%	not measured	−6.4 pts
Since launchNot the same days: CVRD Aug 2023 · RDVI Oct 2022	+27.2%	+106.5%	27.8%	43.0%	not measured	−8.4 pts

Open this comparison in the app →

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.

RDVI

Over the year to Nov 4, 2026, RDVI paid 9.1% of its starting value in cash distributions while its price rose 12.2%. With every distribution reinvested, the fund returned +22.0%. First Trust Rising Dividend Achievers ETF (RDVY) returned +22.2% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 8.3%, paid monthly. First Trust estimates that 40% of the distribution paid Oct 30, 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 RDVI?: Over the year to Nov 4, 2026, CVRD paid 7.7% of its starting price in cash and RDVI paid 9.1%, so RDVI 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 RDVI?: With every distribution reinvested, CVRD returned +12.7% and RDVI +22.0% over the year to Nov 4, 2026.
Which is cheaper, CVRD or RDVI?: CVRD charges 0.90% a year and RDVI charges 0.75%, so RDVI is cheaper. Fees come from each fund's prospectus.

Other comparisons

CVRD vs KNG CVRD vs SDVD CVRD vs FEPI CVRD vs PAPI RDVI vs HEMI RDVI vs GRNI RDVI vs JUDO RDVI vs RNTY

Where to next

First Trust Rising Dividend Achievers ETF (RDVY) →CVRD on its own →RDVI on its own →CVRD dividend history →CVRD holdings →RDVI dividend history →RDVI holdings →Method →Standards and sources →

Sources and dates

CVRD filings on SEC EDGAR ↗

CVRD prospectus with the expense ratio (SEC) ↗

Madison website ↗

RDVI filings on SEC EDGAR ↗

RDVI prospectus with the expense ratio (SEC) ↗

RDVI 19a-1 distribution notice ↗

First Trust page for RDVI ↗

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 RDVI, data as of Nov 4, 2026. https://etfiq.com/compare/income/cvrd-vs-rdvi

Open data →

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