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ETFIQetfiq.com · independent ETF data

Data as of .

CVRD vs RECI: which paid, and which earned it?

CVRD and RECI both write options for income.

Madison Covered Call ETF and Columbia Research Enhanced Core Premium Income ETF.

7.4%CVRD cash paid, 1 year
0.7%RECI cash paid, 1 year
+5.6%CVRD total return, 1 year
+2.4%RECI total return, 1 year
CVRD11 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%CVRD+5.6%7.4% of it arrived as cash11 pts behind SPYTotal return, distributions reinvestedSPY+16.6%CVRD+5.6%11 pts behind SPY
RECI0.8 pts ahead of SPY · since launch to Sep 18, 2026
SPY+1.6%RECI+2.4%0.8 pts ahead of SPYTotal return, distributions reinvestedSPY+1.6%RECI+2.4%0.8 pts ahead of SPY

Performance, window by window

CVRD and RECI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CVRDRECICVRDRECICVRDRECI
3 months+4.0%not published1.7%not published+1.7 ptsnot published
6 months+5.7%not published3.3%not published−12.3 ptsnot published
1 year+5.6%not published7.4%not published−11.0 ptsnot published
3 years+19.5%not published25.9%not published−58.9 ptsnot published
Since launch+21.1%+2.4%26.3%0.7%−59.8 pts+0.8 pts
Open the live comparison on ETFIQ
CVRD and RECI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CVRD
Madison Covered Call ETF
Covered call on SPY, paying quarterly
RECI
Columbia Research Enhanced Core Premium Income ETF
Covered call on SPY
IssuerMadisonColumbia
Strategycovered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysquarterlynot established
Payout rate, annualized6.5%8.0%
Expense ratio0.92%0.30%
Cash paid, 1 year7.4%0.7% (since launch on Jul 14, 2026)
Price change, 1 year−2.2%+1.7%
Total return, 1 year+5.6%+2.4% (since launch on Jul 14, 2026)
Benchmark return, 1 year+16.6%+1.6%
Ahead or behind−11.0 pts+0.8 pts
Return of capital, latest estimatenot publishednot published
Age1123 days66 days
Net assets$32mnot published

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.

RECI in plain words

Over the period since launch on Jul 14, 2026 to Sep 18, 2026, RECI paid 0.7% of its starting value in cash distributions while its price rose 1.7%. With every distribution reinvested, the fund returned +2.4%. S&P 500 (SPY) returned +1.6% over the same days, so a holder was ahead by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.0%, paid periodically.

Questions people ask

Which is cheaper, CVRD or RECI?
CVRD charges 0.92% a year and RECI charges 0.30%, so RECI 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.

CVRD against RECI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CVRD against RECI, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-reci Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources