CVRD vs VTI
Madison Covered Call ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, CVRD or VTI?
VTI has been ahead.
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CVRD | VTI |
|---|---|---|
| Expense Ratio | 0.92% | 0.03%Best |
| AUM | $32M | $666.9B |
| Dividend Yield | 7.43% | 1.03% |
| Holdings | 65 | 3,543 |
| YTD Return | +0.91% | +12.43%Best |
| 1Y Return | +3.04% | +15.92%Best |
| 3Y Return (annualized) | +6.23% | +22.42%Best |
| 5Y Return (annualized) | - | +12.37% |
| Volatility (annualized) | 9.7%Best | 13.2% |
| Max Drawdown | -17.9%Best | -19.3% |
| $10,000 over 3.1 years | $11,809 | $17,955Best |
| Fund Family | Madison Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 21, 2023 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 22, 2023 to Sep 28, 2026 (3.1 years).
CVRD vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
CVRD vs VTI Performance
Madison Covered Call ETF (CVRD) is an ETF from Madison Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year CVRD returned +3.04% while VTI returned +15.92%. Year to date, CVRD is up 0.91% versus a gain of 12.43% for VTI.
Over three years, CVRD compounded at +6.23% per year against +22.42% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 9.7% for CVRD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.9% for CVRD and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CVRD charges 0.92% per year while VTI charges 0.03%. On a $10,000 position that is $92 vs $3 annually, a gap of $89 per year that compounds over a long holding period. On income, CVRD currently yields 7.43% against 1.03% for VTI.
Holdings Overlap
At least 12.1% of VTI's money is in holdings CVRD also owns.
Stated as a floor: for CVRD, our book for it covers 89.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VTI and CVRD share little of their money.
30 positions in common, counted across the 31 positions we hold weights for in CVRD and 3,463 in VTI, against full books of 65 and 3,543.
Top Shared Holdings
| Stock | Weight in CVRD | Weight in VTI | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 4.48% | 3.65% | 0.83% |
| AVGOBroadcom Inc | 3.44% | 2.56% | 0.88% |
| DHRDanaher Corporation | 4.79% | 0.17% | 4.62% |
| VVisa Inc Class A | 4.09% | 0.83% | 3.26% |
| METAMeta Platforms Inc | 2.97% | 1.70% | 1.27% |
| ADBEAdobe Systems | 3.76% | 0.14% | 3.62% |
| BLKBlackrock Funding Inc/De | 3.58% | 0.21% | 3.37% |
| MTDRMatador Resources Co | 3.60% | 0.01% | 3.59% |
| RIG:SMTransocean Ltd Common Stock | 3.56% | 0.01% | 3.55% |
| PEPPepsico Inc. | 3.18% | 0.26% | 2.92% |
You are not choosing between two funds in isolation.
Whichever of CVRD and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CVRD or VTI?
CVRD has an expense ratio of 0.92% while VTI charges 0.03%. VTI is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, CVRD or VTI?
Over the past year CVRD returned +3.04% vs +15.92% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CVRD or VTI?
VTI has been the more volatile fund at 13.2% annualized versus 9.7% for CVRD. Worst drawdown: CVRD -17.9% vs VTI -19.3%.
Should I hold both CVRD and VTI?
CVRD and VTI have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CVRD and VTI?
At least 12.1% of VTI's money is in holdings CVRD also owns. Our book for CVRD is partial, so the real figure is this or higher. They hold 30 positions in common, counted across the 31 positions we hold weights for in CVRD and 3,463 in VTI.
Which pays a higher dividend, CVRD or VTI?
CVRD yields 7.43% while VTI yields 1.03%, so CVRD currently pays the higher dividend yield.
Is VTI better than CVRD?
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.