MADISON COVERED CALL ETF
Symbol: CVRD
Exchange: NYSE
Sector: Technology
Category: Derivative Income
Inception date: 21/08/2023
Latest date: 17/07/2026
Current price: $18.04
Expense ratio: 0.92%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
1.14%
Ann. -37.22% (Sharpe / Sortino numerator)
Volatility
12.68%
Sharpe ratio
-3.222
VaR 95%
-1.51%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
-1.57%
Ann. -11.37% (Sharpe / Sortino numerator)
Volatility
11.80%
Sharpe ratio
-1.271
VaR 95%
-1.41%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
0.60%
Ann. -3.21% (Sharpe / Sortino numerator)
Volatility
11.11%
Sharpe ratio
-0.616
VaR 95%
-1.25%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
3.22%
Ann. 7.25% (Sharpe / Sortino numerator)
Volatility
16.15%
Sharpe ratio
0.224
VaR 95%
-1.25%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
8.86%
Ann. 2.87% (Sharpe / Sortino numerator)
Volatility
13.00%
Sharpe ratio
-0.059
VaR 95%
-1.19%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
18.29%
Ann. 6.41% (Sharpe / Sortino numerator)
Volatility
11.91%
Sharpe ratio
0.236
VaR 95%
-1.11%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 17/07/2025 - 17/07/2026.
Average daily return
0.015%
Best day
1.743%
Worst day
-2.397%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 17/07/2026 | $18.04 | $18.04 | $18.04 | $18.04 | 100 |
| 16/07/2026 | $18.16 | $18.16 | $18.16 | $18.16 | 100 |
| 15/07/2026 | $18.08 | $18.08 | $18.08 | $18.08 | 100 |
| 14/07/2026 | $17.98 | $17.98 | $17.98 | $17.98 | 100 |
| 13/07/2026 | $18.09 | $18.09 | $18.09 | $18.09 | 100 |
| 10/07/2026 | $18.05 | $18.05 | $18.05 | $18.05 | 100 |
| 09/07/2026 | $17.86 | $17.97 | $17.86 | $17.97 | 30,000 |
| 08/07/2026 | $17.89 | $17.89 | $17.89 | $17.89 | 100 |
| 07/07/2026 | $17.96 | $17.96 | $17.96 | $17.96 | 100 |
| 06/07/2026 | $17.89 | $17.89 | $17.89 | $17.89 | 100 |