CVRD - ETF AI Analysis
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Madison Covered Call ETF (CVRD)
Rating:69Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The ETF spreads its investments across many sectors, which can help reduce the impact if any single industry runs into trouble.
Mix of Strong and Stable Top Holdings
Several of the largest positions, such as Archer Daniels Midland, Amazon, Broadcom, Union Pacific, and Visa, have shown strong or steady performance, helping support the fund.
Meaningful Asset Base
The fund manages a sizable pool of assets, which can help with trading liquidity and ongoing fund stability.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into returns over time compared with lower-cost alternatives.
Recent Weak Performance
The fund has recently delivered negative returns over the year-to-date, three-month, and one-month periods, which may concern performance-focused investors.
Heavy U.S. Concentration
With the vast majority of its holdings in U.S. companies and very limited foreign exposure, the ETF is heavily tied to the health of the U.S. market.
CVRD vs. SPDR S&P 500 ETF (SPY)
AUM30.89M
RegionNorth America
Expense Ratio0.92%
Beta0.66
IssuerMadison
Inception DateAug 21, 2023
Dividend Yield7.58%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume148
30 Day Avg. Volume2,731
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
22.31Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CVRD Summary
The Madison Covered Call ETF (CVRD) is a broad U.S. stock fund that aims to cover most of the total market while using a covered call strategy to generate extra income. It doesn’t track a specific index, but it spreads investments across many sectors like technology, financials, and health care. Well-known holdings include Amazon and Microsoft. Someone might consider this ETF if they want stock market growth potential plus added income from option premiums. A key risk is that the fund still invests heavily in stocks, so its value can go up and down with the overall market.
How much will it cost me?The Madison Covered Call ETF (CVRD) has an expense ratio of 0.99%, which means you’ll pay $9.90 per year for every $1,000 invested. This is higher than average because the fund is actively managed and uses a covered call strategy, which requires more hands-on management compared to passive index funds.
What would affect this ETF?The Madison Covered Call ETF (CVRD) could benefit from positive trends in the technology sector, which makes up a significant portion of its holdings, as well as strong consumer spending that supports companies like Amazon and Lowe's. However, rising interest rates or economic slowdowns could negatively impact financial and consumer cyclical sectors, while regulatory changes in healthcare or technology could pose risks to top holdings like Adobe and Danaher.
CVRD Top 10 Holdings
CVRD’s story is all about U.S. blue chips using covered calls to turn market noise into income. Microsoft, Amazon, and Broadcom are the main engines here, with rising tech and AI momentum giving the fund a solid growth backbone. Financial heavyweights like Visa and BlackRock are also climbing, adding a steady, cash-generating tilt. On the softer side, Archer Daniels Midland has been lagging lately, and Adobe’s mixed performance has kept it from fully pulling its weight. Overall, the ETF leans toward U.S. tech and financials, with broad sector support behind them.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Danaher | 4.91% | $1.55M | $153.85B | 3.33% | 75 Outperform | |
| Agilent | 4.69% | $1.48M | $44.91B | 30.72% | 73 Outperform | |
| Amazon | 4.44% | $1.40M | $2.79T | 13.02% | 71 Outperform | |
| Visa | 3.93% | $1.24M | $692.75B | 6.00% | 70 Outperform | |
| Adobe | 3.79% | $1.20M | $109.43B | -23.97% | 80 Outperform | |
| Transocean | 3.61% | $1.14M | CHF5.29B | 94.74% | 60 Neutral | |
| BlackRock | 3.60% | $1.14M | $187.91B | 0.73% | 77 Outperform | |
| Union Pacific | 3.56% | $1.12M | $183.00B | 35.20% | 72 Outperform | |
| Matador Resources | 3.51% | $1.11M | $7.22B | 20.72% | 82 Outperform | |
| Broadcom | 3.45% | $1.09M | $1.75T | 25.32% | 76 Outperform |
CVRD Technical Analysis
Neutral
―
Price Trends
18.42
Positive
18.31
Positive
18.10
Positive
Market Momentum
0.08
Positive
42.35
Neutral
3.33
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CVRD, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 18.86, equal to the 50-day MA of 18.42, and equal to the 200-day MA of 18.10, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 42.35 is Neutral, neither overbought nor oversold. The STOCH value of 3.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CVRD.
CVRD Peer Comparison
Comparison Results
Performance Comparison
CVRD
Madison Covered Call ETF
18.55
1.11
6.36%
STNC
Stance Equity ESG Large Cap Core ETF
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SOVF
Sovereign's Capital Flourish Fund
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PFOE
Pathfinder Focused Opportunities ETF
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YALL
God Bless America ETF
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VAMO
Cambria Value & Momentum ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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