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CVRDvsSPYVETF Comparison

ETF 1
CVRD

Madison Covered Call ETF

This fund is part of
Options Strategies
-0.04%
VS
ETF 2
SPYV

State Street SPDR Portfolio S&P 500 Value ETF

This fund is part of
US Large Cap Value
-0.09%

Madison Covered Call ETF (CVRD) belongs to the Options Strategies segment. State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is part of the US Large Cap Value segment. CVRD's top 3 sector exposures are Information Technology, Consumer Staples and Consumer Discretionary. In contrast, SPYV's top sector exposures are Information Technology, Financials and Health Care. CVRD is more expensive with a Total Expense Ratio (TER) of 0.92%, versus 0.04% for SPYV. CVRD is up 2.41% year-to-date (YTD) with -$2M in YTD flows. SPYV performs better with 4.16% YTD performance, and +$314M in YTD flows. Run a side-by-side ETF comparison of CVRD and SPYV 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 SPYV performance and flow charts

Performance

0.01.02.03.04.05.06.07.0%Mar 27Apr 6Apr 13Apr 20Apr 27

Cumulative Flows

0 M20 M40 M60 M80 M100 MMar 27Apr 6Apr 13Apr 20Apr 27

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Historic performance and flows
Data as of 04/27/2026
1M3MYTD1Y3Y5Y
Perf.
CVRD
SPYV
+5.52%+5.98%
-0.34%+1.90%
+2.41%+4.16%
+16.76%+22.69%
n/a+52.32%
n/a+66.93%
Flows
CVRD
SPYV
-$1M+$49M
-$2M+$343M
-$2M+$314M
-$12M+$3.27B
-+$9.98B
-+$13.28B
Volatility and drawdown
3M1Y3Y5Y
Volatility
CVRD
SPYV
+10.65%+11.26%
+10.39%+10.44%
n/a+12.68%
n/a+14.47%
Max drawdown
CVRD
SPYV
-5.59%-6.23%
-5.63%-6.23%
n/a-17.49%
n/a-17.95%
Max drawdown duration
CVRD
SPYV
45d57d
80d57d
n/a263d
n/a286d
Trading data

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CVRD
SPYV
Last sale
4/27/2026 at 1:30 PM
$18.54
$58.94
Previous close
04/27/2026
$18.50
$58.94
Consolidated volume
04/27/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 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
SPYV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
CVRD
SPYV
Last price
$18.54
$58.94
1D performance
+0.22%
-0.01%
AuM$34.22 M$33.09 B
E/R0.92%0.04%
Characteristics
CVRD
SPYV
Management strategyActivePassive
ProviderMadison InvestmentsState Street Investment Management
Benchmark-S&P 500 Value Index
N° of holdings35421
Asset class-Equities
Trailing 12m distribution yield
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Inception dateAugust 22, 2023September 25, 2000
ESGNoNo
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Exposure

Countries

CVRD
USA
91.73%
Other
8.27%
SPYV
USA
94.76%
Other
5.24%

Sectors

CVRD
Information Techn.
35.54%
Consumer Staples
9.96%
Consumer Discreti.
9.93%
Communication Ser.
8.39%
Energy
7.38%
Industrials
7.36%
Other
21.44%
SPYV
Information Techn.
18.81%
Financials
13.06%
Health Care
12%
Industrials
10.78%
Consumer Discreti.
10.66%
Consumer Staples
9.13%
Other
25.55%
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Diversification

CVRD

Total weight of top 15 holdings out of 15

50.77%
SPYV

Total weight of top 15 holdings out of 15

28.05%

Top 15 holdings

Data as of March 31, 2026
CVRD
ARCHER DANIELS
4.03%
DANAHER
3.91%
TRANSOCEAN
3.74%
MATADOR RESOURCES
3.64%
MICROCHIP TECHNOLOGY
3.55%
MICROSOFT-T
3.50%
T-MOBILE US INC
3.42%
PEPSICO U
3.34%
AMAZON.COM INC
3.21%
ADOBE INC
3.14%
AGILENT TECHNOLOGIES
3.14%
ACCENTURE PLC-A
3.10%
QUALCOMM
3.08%
VISA INCORPORATION
3.01%
LOWE'S COS INC
2.96%
SPYV
APPLE
6.90%
AMAZON.COM INC
3.54%
EXXON
2.63%
WALMART INC
2.02%
COSTCO WHOLESALE
1.64%
TESLA
1.47%
CHEVRON TEXACO
1.44%
PROCTERGAMBLE
1.24%
HOME DEPOT
1.21%
BK OF AMERICA CO
1.20%
MERCK & CO INC
1.11%
JPMORGAN CHASE
0.94%
WELLS FARGO
0.91%
UNITEDHEALTH GRP
0.91%
JOHNSON&JOHNSON
0.89%
Frequently asked questions about CVRD and SPYV

How have the CVRD and SPYV ETFs performed in 2026?

As of April 27, 2026, CVRD is up 2.41% year-to-date (YTD), while SPYV has returned 4.16%. That puts SPYV better performer ahead so far this year.

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

Year-to-date, the CVRD ETF saw -$2M in flows, compared to +$314M for SPYV.

Which ETF is more volatile: CVRD or SPYV?

Over the past year, CVRD had a volatility of 10.39%, while SPYV experienced 10.44%.

Which ETF is bigger: CVRD or SPYV?

As of April 27, 2026, CVRD holds $34.22 M in assets under management (AUM), while SPYV manages $33.09 B.

What sectors do the CVRD and SPYV ETFs invest in?

CVRD leans toward sectors like Information Technology, Consumer Staples and Consumer Discretionary. Meanwhile, SPYV focuses on Information Technology, Financials and Health Care.

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

CVRD top holdings include ARCHER DANIELS, DANAHER and TRANSOCEAN. SPYV holds in its top three: APPLE, AMAZON.COM INC and EXXON.

Which ETF is more diversified: CVRD or SPYV?

CVRD holds 35 securities with 50.77% of its assets in the top 15. SPYV has 438 securities and a top 15 weight of 28.05%.

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