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CVRDvsFNDXETF Comparison

ETF 1

CVRD

Madison Covered Call ETF

This fund is part of

Options Strategies

+1.05%

Full CVRD fund page

VS

ETF 2

FNDX

Schwab Fundamental U.S. Large Company ETF

This fund is part of

US Large Cap

+1.98%

Full FNDX fund page

Madison Covered Call ETF (CVRD) belongs to the Options Strategies segment. Schwab Fundamental U.S. Large Company ETF (FNDX) is part of the US Large Cap segment. CVRD's top 3 sector exposures are Technology, Finance and Consumer Non-Cyclicals. In contrast, FNDX's top sector exposures are Technology, Finance and Healthcare. CVRD is more expensive with a Total Expense Ratio (TER) of 0.92%, versus 0.25% for FNDX. CVRD is up 4.28% year-to-date (YTD) with -$5M in YTD flows. FNDX performs better with 19.92% YTD performance, and +$899M in YTD flows. Run a side-by-side ETF comparison of CVRD and FNDX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CVRD vs FNDX performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 08/04/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CVRD FNDX	+3.63%+3.28%	+1.01%+8.83%	+4.28%+19.92%	+8.07%+33.65%	n/a+74.94%	n/a+95.56%
Flows	CVRD FNDX	-$3M+$319M	-$3M-$510M	-$5M+$899M	-$13M+$2.22B	-+$5.63B	-+$9.69B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CVRD FNDX	+9.08%+9.60%	+9.63%+10.44%	n/a+13.22%	n/a+15.18%
Max drawdown	CVRD FNDX	-5.38%-2.21%	-5.63%-6.11%	n/a-16.26%	n/a-18.97%
Max drawdown duration	CVRD FNDX	64d7d	80d63d	n/a131d	n/a545d

Trading data

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	CVRD	FNDX
Last sale 8/4/2026 at 1:30 PM	$18.39	$32.35
Previous close 08/04/2026	$18.28	$32.38
Consolidated volume 08/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 31, 2026

1-year trailing difference

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CVRD

is actively managed and doesn’t replicate an index

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	CVRD	FNDX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/4/2026 at 1:30 PM

Live

Closed

	CVRD	FNDX
Last price	$18.39	$32.35
1D performance	+0.59%	-0.09%
AuM	$31.10 M	$27.36 B
E/R	0.92%	0.25%

Characteristics

	CVRD	FNDX
Management strategy	Active	Passive
Provider	Madison Investments	Schwab ETFs
Benchmark	-	RAFI Fundamental High Liquidity US Large Index
N° of holdings	34	704
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	August 22, 2023	August 15, 2013
ESG	No	No

More CVRD data on Trackinsight

More FNDX data on Trackinsight

Exposure

Countries

CVRD

USA

90.96%

Other

9.04%

FNDX

USA

97.64%

Other

2.36%

Sectors

CVRD

Technology

25.98%

Finance

14.42%

Consumer Non-Cycl.

14.22%

Healthcare

12.56%

Other

32.82%

FNDX

Technology

24.56%

Finance

16.8%

Healthcare

11.8%

Consumer Non-Cycl.

11%

Energy

9%

Industrials

7.65%

Other

19.19%

Diversification

CVRD

Total weight of top 15 holdings out of 15

53.32%

FNDX

Total weight of top 15 holdings out of 15

27.5%

Top 15 holdings

Data as of June 30, 2026

CVRD

Archer-Daniels-Midland Co.

4.53%

Danaher Corp.

4.38%

Palo Alto Networks, Inc.

4.25%

Agilent Technologies, Inc.

4.01%

Amazon.com, Inc.

3.90%

Microsoft Corp.

3.82%

Visa, Inc.

3.55%

Broadcom Inc.

3.40%

PepsiCo, Inc.

3.16%

American Tower Corp.

3.16%

Union Pacific Corp.

3.08%

T-Mobile US, Inc.

3.06%

US4385162056

3.02%

Transocean Ltd.

3.01%

BlackRock, Inc.

2.99%

FNDX

Apple, Inc.

4.49%

Intel Corp.

2.28%

Exxon Mobil Corp.

2.25%

Microsoft Corp.

2.20%

Alphabet, Inc.

1.97%

Amazon.com, Inc.

1.76%

Berkshire Hathaway, Inc.

1.71%

JPMorgan Chase & Co.

1.65%

UnitedHealth Group, Inc.

1.62%

Alphabet, Inc.

1.57%

Chevron Corp.

1.45%

Meta Platforms, Inc.

1.29%

Micron Technology, Inc.

1.14%

Walmart, Inc.

1.09%

Johnson & Johnson

1.05%

Frequently asked questions about CVRD and FNDX

How have the CVRD and FNDX ETFs performed in 2026?

As of August 4, 2026, CVRD is up 4.28% year-to-date (YTD), while FNDX has returned 19.92%. That puts FNDX better performer ahead so far this year.

Which ETF is attracting more investor money: CVRD or FNDX?

Year-to-date, the CVRD ETF saw -$5M in flows, compared to +$899M for FNDX.

Which ETF is more volatile: CVRD or FNDX?

Over the past year, CVRD had a volatility of 9.63%, while FNDX experienced 10.44%.

Which ETF is bigger: CVRD or FNDX?

As of August 4, 2026, CVRD holds $31.10 M in assets under management (AUM), while FNDX manages $27.36 B.

What sectors do the CVRD and FNDX ETFs invest in?

CVRD leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, FNDX focuses on Technology, Finance and Healthcare.

What are the top holdings of the CVRD ETF and FNDX ETF?

CVRD top holdings include Archer-Daniels-Midland Co., Danaher Corp. and Palo Alto Networks, Inc.. FNDX holds in its top three: Apple, Inc., Intel Corp. and Exxon Mobil Corp..

CVRDvsFNDXETF Comparison

Madison Covered Call ETF

Schwab Fundamental U.S. Large Company ETF

CVRD vs FNDX performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the CVRD and FNDX ETFs performed in 2026?

As of August 4, 2026, CVRD is up 4.28% year-to-date (YTD), while FNDX has returned 19.92%. That puts FNDX better performer ahead so far this year.

Which ETF is attracting more investor money: CVRD or FNDX?

Year-to-date, the CVRD ETF saw -$5M in flows, compared to +$899M for FNDX.

Which ETF is more volatile: CVRD or FNDX?

Over the past year, CVRD had a volatility of 9.63%, while FNDX experienced 10.44%.

Which ETF is bigger: CVRD or FNDX?

As of August 4, 2026, CVRD holds $31.10 M in assets under management (AUM), while FNDX manages $27.36 B.

What sectors do the CVRD and FNDX ETFs invest in?

CVRD leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, FNDX focuses on Technology, Finance and Healthcare.

What are the top holdings of the CVRD ETF and FNDX ETF?

CVRD top holdings include Archer-Daniels-Midland Co., Danaher Corp. and Palo Alto Networks, Inc.. FNDX holds in its top three: Apple, Inc., Intel Corp. and Exxon Mobil Corp..

Which ETF is more diversified: CVRD or FNDX?

CVRD holds 34 securities with 53.32% of its assets in the top 15. FNDX has 707 securities and a top 15 weight of 27.5%.

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