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CVRDMadison Covered Call ETF

Get income3y track recordRanked #1,468 of 1,706 in this goal

Seeks consistent total return and high income through covered call options on equity securities.

By Madison Asset Management, LLC · Launched 2023

Annual Cost

0.92%

#4,916 of 6,040 · expensive

Fund Size

$32M

#4,203 of 6,040 · small

Return (1Y)

+6.4%

Track Record

3 years

#3,057 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,606+6.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

Holdings

By weight

Concentration

Top 10 holdings = 35.8% of funddiversified

Archer-Daniels-Midland Co
4.0%
Danaher Corp
4.0%
Microchip Technology Inc
3.8%
Transocean Ltd
3.7%
Microsoft Corp
3.6%
US BANK MMDA - USBGFS 9
3.6%
Matador Resources Co
3.5%
T-Mobile US Inc
3.3%
Amazon.com Inc
3.3%
PepsiCo Inc
3.3%

Asset allocation

Stocks
75.1%
Cash
24.9%
Other
0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
9.7%Low

Year-on-year price swings

Max drawdown
-17.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.24Below average
Sortino (3Y)
0.35Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks consistent total return and high income through covered call options on equity securities.
Strategy
Invests primarily in common stocks of large- and mid-capitalization issuers that pay dividends, while writing covered call options on a substantial portion of its portfolio. May invest up to 15% in foreign securities, including ADRs and emerging markets.
Inception date
August 21, 2023
Fund family
Madison Asset Management, LLC

Next steps

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Data updated on 2026-09-18