Data as of .
CVRD vs XQQI: which paid, and which earned it?
CVRD and XQQI both write options for income.
What they hold in common
By the books each fund has filed, CVRD and XQQI hold 19% of their money in the same securities at the same weight.
| Holding | CVRD | XQQI |
|---|---|---|
| Amazon.com Inc | 4.06% | 4.39% |
| Microsoft Corp | 3.88% | 5.94% |
| Broadcom Inc | 3.57% | 2.75% |
| Meta Platforms Inc | 2.66% | 3.27% |
| Palo Alto Networks Inc | 4.84% | 1.36% |
| QUALCOMM Inc | 2.04% | 0.85% |
| T-Mobile US Inc | 2.85% | 0.84% |
| PepsiCo Inc | 3.07% | 0.83% |
| Adobe Inc | 2.84% | 0.46% |
| Comcast Corp | 2.35% | 0.37% |
| Synopsys Inc | 2.53% | 0.33% |
| Honeywell International Inc | 1.48% | 0.27% |
| Only in CVRD | Only in XQQI |
|---|---|
| Archer-Daniels-Midland Co 4.58% | NVIDIA Corp 8.70% |
| Danaher Corp 4.32% | Apple Inc 7.91% |
| Agilent Technologies Inc 3.98% | Micron Technology Inc 5.12% |
| Visa Inc 3.68% | Advanced Micro Devices Inc 4.08% |
| Union Pacific Corp 3.17% | Alphabet Inc 3.28% |
| Blackrock Inc 3.03% | Alphabet Inc 3.02% |
| American Tower Corp 2.99% | Tesla Inc 3.01% |
| Lowe's Cos Inc 2.99% | Intel Corp 2.44% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | XQQI | CVRD | XQQI | CVRD | XQQI | |
| 3 months | +4.0% | −2.7% | 1.7% | 4.8% | +1.7 pts | −0.2 pts |
| 6 months | +5.7% | +21.8% | 3.3% | 11.4% | −12.3 pts | −2.4 pts |
| 1 year | +5.6% | not published | 7.4% | not published | −11.0 pts | not published |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +14.3% | 26.3% | 13.7% | −59.8 pts | −2.9 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | XQQI NEOS Boosted Nasdaq-100(R) High Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | Madison | NEOS |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 20.5% |
| Expense ratio | 0.92% | 0.98% |
| Cash paid, 1 year | 7.4% | 13.7% (since launch on Feb 3, 2026) |
| Price change, 1 year | −2.2% | −0.3% |
| Total return, 1 year | +5.6% | +14.3% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +16.6% | +17.3% |
| Ahead or behind | −11.0 pts | −2.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 1123 days | 227 days |
| Net assets | $32m | $351m |
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.
XQQI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XQQI paid 13.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +14.3%. Nasdaq-100 (QQQ) returned +17.3% over the same days, so a holder was behind by 2.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.5%, paid monthly. NEOS estimates that 100% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, CVRD or XQQI?
- CVRD charges 0.92% a year and XQQI charges 0.98%, so CVRD 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.
Cite this page. ETFIQ, CVRD against XQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-xqqi Free to use with attribution; the underlying files are at Open data.