CVRD vs MBCE
Madison Covered Call ETF against Monarch Blue Chips Elite Index ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
26%
8 shared positions
Fee gap
9 bp
CVRD is cheaper
1-year return gap
—
Larger fund
MBCE
$208M
Side by side
| CVRD | MBCE | |
|---|---|---|
| Fund | Madison Covered Call ETF | Monarch Blue Chips Elite Index ETF |
| Issuer | Madison | Monarch |
| Category | Covered Call | Semiconductors |
| Expense ratio | 0.92% | 1.01% |
| Assets | $30M | $208M |
| Average daily dollar volume | $4K | $617K |
| Listed | Aug 21, 2023 | Mar 23, 2021 |
| FrenzyCap score | 32 | 26 |
| 1-month return | −1.8% | +7.5% |
| 3-month return | +0.9% | +2.6% |
| Year to date | −1.1% | — |
| 1-year return | −2.9% | — |
| 30-day volatility | 9.8% | 21.9% |
| Worst drawdown, 1 year | −7.9% | −17.4% |
| Trailing 12-month yield | 7.71% | 0.10% |
| Holdings | 70 | 24 |
| Top 10 weight | 38.9% | 51.1% |
| Look-through P/E | 19.1 | 29.7 |
| Holdings vs fair value | +8.0% | −5.3% |
| Holdings above 200-day average | 64% | 68% |
| Net flow, latest 3 reported months | −$1.8M thru Jun 2026 | +$17M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
27% of CVRD · 33% of MBCE
Sector mix of the stock holdings
| Sector | CVRD | MBCE | Gap |
|---|---|---|---|
| Technology | 32.9% | 49.1% | −16.2% |
| Industrials | 16.6% | 11.1% | +5.5% |
| Consumer Discretionary | 8.9% | 11.5% | −2.5% |
| Health Care | 4.2% | 10.5% | −6.4% |
| Real Estate | 3.0% | 7.6% | −4.6% |
| Consumer Staples | 10.1% | 0.0% | +10.1% |
| Financials | 5.8% | 3.7% | +2.2% |
| Communication Services | 5.2% | 3.4% | +1.8% |
| Materials | 2.2% | 2.8% | −0.6% |
| Energy | 3.0% | 0.0% | +3.0% |
| Utilities | 2.5% | 0.0% | +2.5% |
More: full overlap table · CVRD holdings · MBCE holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.