MADISON COVERED CALL ETF
Symbol: CVRD
Exchange: NYSE
Sector: Technology
Category: Derivative Income
Inception date: 21/08/2023
Latest date: 15/10/2026
Current price: $18.50
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
-0.81%
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
2.35%
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
2.01%
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
5.78%
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
8.07%
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
22.65%
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: 15/10/2025 - 15/10/2026.
Average daily return
0.024%
Best day
1.644%
Worst day
-2.397%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $18.45 | $18.50 | $18.45 | $18.50 | 200 |
| 14/10/2026 | $18.30 | $18.30 | $18.30 | $18.30 | 100 |
| 13/10/2026 | $18.33 | $18.33 | $18.33 | $18.33 | 100 |
| 12/10/2026 | $18.28 | $18.28 | $18.26 | $18.28 | 1,400 |
| 09/10/2026 | $18.18 | $18.22 | $18.18 | $18.22 | 100 |
| 08/10/2026 | $18.21 | $18.21 | $18.21 | $18.21 | 100 |
| 07/10/2026 | $18.10 | $18.10 | $18.10 | $18.10 | 100 |
| 06/10/2026 | $18.13 | $18.14 | $18.13 | $18.14 | 100 |
| 05/10/2026 | $18.03 | $18.08 | $18.03 | $18.08 | 400 |
| 02/10/2026 | $17.92 | $17.95 | $17.92 | $17.95 | 500 |