Performance analysis of CVRD (MADISON COVERED CALL ETF)
Annual Return
Since Aug 22, 2023, CVRD has had an average annual return of +5.73%, underperforming the benchmark SPY, which returned +21.70% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.68% | +5.92% | +4.92% | +5.15% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.18% | +0.49% | -3.79% | +4.93% | +0.17% | -5.08% | +2.15% | +0.68% | |||||
| 2025 | +0.43% | -1.92% | -3.14% | -2.32% | +5.53% | +4.02% | +0.30% | +2.51% | -1.25% | -0.59% | +0.85% | +1.71% | +5.92% |
| 2024 | -0.70% | +1.31% | +2.02% | -3.08% | +1.77% | +0.15% | +2.22% | +1.26% | +1.33% | -0.65% | +2.16% | -2.79% | +4.92% |
| 2023 | +2.37% | -3.75% | -1.16% | +4.97% | +2.86% | +5.15% |
Drawdown analysis of CVRD (MADISON COVERED CALL ETF)
The maximum drawdown for the CVRD was -17.95%, occurring on Apr 8, 2025. Recovery took 57 trading sessions.
The current CVRD drawdown is -3.56%.
Since Aug 22, 2023 CVRD has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.95% | Dec 2, 2024 | 86 | Apr 8, 2025 | 57 | Jul 1, 2025 | 143 |
| -6.47% | Sep 1, 2023 | 39 | Oct 27, 2023 | 24 | Dec 1, 2023 | 63 |
| -5.70% | Jan 26, 2026 | 43 | Mar 27, 2026 | 14 | Apr 17, 2026 | 57 |
| -5.59% | Jun 1, 2026 | 20 | Jun 30, 2026 | Ongoing | Ongoing | Ongoing |
| -5.30% | Oct 27, 2025 | 18 | Nov 20, 2025 | 13 | Dec 10, 2025 | 31 |
| -4.18% | Jul 16, 2024 | 14 | Aug 5, 2024 | 8 | Aug 15, 2024 | 22 |
| -3.87% | Mar 28, 2024 | 14 | Apr 18, 2024 | 19 | May 15, 2024 | 33 |
| -3.35% | Jul 25, 2025 | 5 | Aug 1, 2025 | 15 | Aug 22, 2025 | 20 |
| -2.68% | May 17, 2024 | 7 | May 29, 2024 | 32 | Jul 16, 2024 | 39 |
| -2.64% | Aug 22, 2025 | 34 | Oct 10, 2025 | 7 | Oct 21, 2025 | 41 |
| -2.22% | Apr 30, 2026 | 9 | May 13, 2026 | 11 | May 29, 2026 | 20 |
| -1.98% | Aug 30, 2024 | 4 | Sep 6, 2024 | 9 | Sep 19, 2024 | 13 |
| -1.87% | Jan 15, 2026 | 2 | Jan 20, 2026 | 2 | Jan 22, 2026 | 4 |
| -1.50% | Dec 11, 2025 | 6 | Dec 19, 2025 | 9 | Jan 5, 2026 | 15 |
| -1.26% | Oct 14, 2024 | 13 | Oct 31, 2024 | 4 | Nov 6, 2024 | 17 |
| -1.05% | Jan 6, 2026 | 1 | Jan 7, 2026 | 2 | Jan 9, 2026 | 3 |
| -1.05% | Jan 2, 2024 | 15 | Jan 24, 2024 | 16 | Feb 15, 2024 | 31 |
| -1.04% | Aug 23, 2023 | 1 | Aug 24, 2023 | 2 | Aug 28, 2023 | 3 |
| -1.00% | Apr 20, 2026 | 3 | Apr 23, 2026 | 5 | Apr 30, 2026 | 8 |
| -0.90% | Nov 8, 2024 | 5 | Nov 15, 2024 | 6 | Nov 25, 2024 | 11 |
| -0.87% | Dec 19, 2023 | 1 | Dec 20, 2023 | 3 | Dec 26, 2023 | 4 |
| -0.78% | Mar 13, 2024 | 2 | Mar 15, 2024 | 4 | Mar 21, 2024 | 6 |
| -0.77% | Oct 21, 2025 | 1 | Oct 22, 2025 | 1 | Oct 23, 2025 | 2 |
| -0.71% | Jul 10, 2025 | 4 | Jul 16, 2025 | 4 | Jul 22, 2025 | 8 |
| -0.70% | Jan 9, 2026 | 2 | Jan 13, 2026 | 2 | Jan 15, 2026 | 4 |