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CVRD vs VAIE: Dividend Yield & Total Return

CVRD and VAIE both write options for income. Net assets: $32m on Jun 30, 2026 for Madison Covered Call ETF, and $67m on Oct 19, 2026 for VegaShares US Equity Autocallable Income ETF.

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Ask IQ about CVRD and VAIE

Answers cite the figures on this page.

VAIE costs 0.18 points a year less; CVRD is 2.6 times larger.

Points (pts) are percentage points.

CVRD vs VAIE: Dividend Yield & Total Return
CVRDVAIE
Expense ratio0.92%0.74%
Net assets, as of Jun 30, 2026$32m$12m
Total return, 1 year+7.2%not published
Benchmarkits own stocksnot published
Holdings in commonnot published
Price changefell 0.8% (1 year)fell 3.6% (since May 12, 2026)
7.5%
CVRD cash paid, 1 year
6.8%
VAIE cash paid, since launch, May 12, 2026
+7.2%
CVRD total return, 1 year
+3.3%
VAIE total return, since launch, May 12, 2026

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CVRD · 1 year to Oct 20, 20268.6 pts behind its own stocks
CVRD
+7.2%
Own
+15.8%

8.6 pts behind its own stocks

CVRD over 1 year: paid 7.5%, price −0.8%, total +7.2%, its own stocks +15.8%, −8.6 pts. Figures to Oct 20, 2026.

its own stocks

+15.8%

CVRD

+7.2%

7.5% of it arrived as cash

8.6 pts behind its own stocks

Total return, distributions reinvested

8.6 pts behind its own stocks

CVRD over 1 year: paid 7.5%, price −0.8%, total +7.2%, its own stocks +15.8%, −8.6 pts. Figures to Oct 20, 2026.

its own stocks

+15.8%

CVRD

+7.2%

8.6 pts behind its own stocks

7.5% of it arrived as cash. Total return, distributions reinvested. CVRD over 1 year: paid 7.5%, price −0.8%, total +7.2%, its own stocks +15.8%, −8.6 pts. Figures to Oct 20, 2026.

Figures to Oct 20, 2026.

VAIE · since launch to Oct 20, 2026Not measured
VAIE
+3.3%
none

Not measured

VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.

VAIE

+3.3%

6.8% as cash

Total return, distributions reinvested

Not measured

VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.

VAIE

+3.3%

6.8% of it arrived as cash. Both charts share one scale, with zero at the line. VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.

Figures to Oct 20, 2026.

Performance, window by window

Performance, window by window: CVRD vs VAIE: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowCVRDVAIECVRDVAIECVRDVAIE
3 months+5.5%+2.5%1.7%4.1%−2.4 ptsnot measured
6 months+3.4%–3.2%–−4.5 pts–
1 year+7.2%–7.5%–−8.6 pts–
3 years+27.5%–28.5%–not measured–
Since launch
Not the same days: CVRD Aug 2023 · VAIE May 2026
+24.1%+3.3%27.8%6.8%not measurednot measured

Source: ETFIQ. – means no data for this window, usually because the fund is younger than it. Open this comparison in the app →

On the same fields

CVRD
Madison Covered Call ETF · Covered call on its own stocks, paying quarterly
VAIE
VegaShares US Equity Autocallable Income ETF · Autocallable, paying weekly
Issuer Madison VegaShares
Strategy covered call autocallable
Benchmark CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) none
Pays quarterly weekly
Payout rate, annualized 6.4% 16.8%
Expense ratio 0.92% 0.74%
Cash paid, 1 year 7.5% 6.8% (since launch, May 12, 2026)
Price change, 1 year −0.8% −3.6% (since launch, May 12, 2026)
Total return, 1 year +7.2% +3.3% (since launch, May 12, 2026)
Benchmark return, 1 year +15.8% not published
Ahead or behind −8.6 pts not available
Return of capital, latest estimate not published not published
Age 3.2 years 161 days
Net assets, CVRD as of Jun 30, 2026 and VAIE as of Oct 19, 2026 $32m $67m

As of Oct 20, 2026. Source: ETFIQ. Cash paid is what the fund distributed over the window, as a share of its price at the start. Payout rate is its latest payment, annualized, over today’s price.

About CVRD

Over the year to Oct 20, 2026, CVRD paid 7.5% of its starting value in cash distributions while its price fell 0.8%. With every distribution reinvested, the fund returned +7.2%. CVRD's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +15.8% over the same days, so a holder was behind by 8.6 pts. At its price on Oct 20, 2026 the latest distribution annualizes to 6.4%, paid quarterly.

About VAIE

Over the period from its first trade on May 12, 2026 to Oct 20, 2026, VAIE paid 6.8% of its starting value in cash distributions while its price fell 3.6%. With every distribution reinvested, the fund returned +3.3%. At its price on Oct 20, 2026 the latest distribution annualizes to 16.8%, paid weekly.

Questions people ask

Which is cheaper, CVRD or VAIE?
CVRD charges 0.92% a year and VAIE charges 0.74%, so VAIE is cheaper. Fees come from each fund's prospectus.
Other comparisons
CVRD vs DOGGCVRD vs MAGYCVRD vs YLDECVRD vs SIOOVAIE vs HEMIVAIE vs GRNIVAIE vs JUDOVAIE vs RNTY
All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →CVRD on its own →VAIE on its own →CVRD dividend history →CVRD holdings →VAIE dividend history →How every figure is computed →Standards and sources →
Where these figures came from
CVRD filings on SEC EDGAR ↗CVRD prospectus with the expense ratio (SEC) ↗Madison website ↗VAIE filings on SEC EDGAR ↗VAIE prospectus with the expense ratio (SEC) ↗VegaShares page for VAIE ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CVRD against VAIE, data as of Oct 20, 2026. https://etfiq.com/compare/income/cvrd-vs-vaie

Open data

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