CVRD vs. ADME ETF Comparison

Comparison of Madison Covered Call ETF (CVRD) to Aptus Drawdown Managed Equity ETF (ADME)

CVRD

Madison Covered Call ETF

CVRD Description

The fund will seek to achieve its objectives by (1) investing in common stocks of equity securities that pay dividends and (2) writing (i.e., selling) covered call options on a substantial portion of its portfolio of securities. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of companies, including other investment companies.

Grade (RS Rating)

Last Trade

$19.64

Average Daily Volume

6,647

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.47

Average Daily Volume

34,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CVRD	ADME
30 Days	0.70%	2.15%
60 Days	1.14%	3.21%
90 Days	2.31%	4.52%
12 Months	9.31%	28.04%

14 Overlapping Holdings

Symbol	Grade	Weight in CVRD	Weight in ADME	Overlap
ABT	B	2.55%	0.8%	0.8%
ACN	C	2.33%	1.13%	1.13%
ADBE	C	3.24%	0.47%	0.47%
AMD	F	1.86%	0.45%	0.45%
AMT	D	1.67%	0.82%	0.82%
AMZN	C	2.08%	3.67%	2.08%
CMCSA	B	2.81%	0.38%	0.38%
GOOG	C	3.44%	3.58%	3.44%
HON	B	2.35%	0.91%	0.91%
JNJ	D	1.47%	1.02%	1.02%
LOW	D	1.7%	1.2%	1.2%
MSFT	F	2.49%	6.09%	2.49%
TMUS	B	2.59%	1.23%	1.23%
V	A	3.17%	1.79%	1.79%

CVRD Overweight 28 Positions Relative to ADME

Symbol	Grade	Weight
CSCO	B	3.92%
LVS	C	3.7%
CME	A	3.69%
PYPL	B	3.02%
STZ	D	2.89%
MDT	D	2.82%
APD	A	2.37%
AES	F	2.19%
A	D	2.18%
UPS	C	2.1%
EMR	A	2.04%
MCHP	D	2.04%
ADM	D	1.98%
TXN	C	1.77%
LH	C	1.72%
PEP	F	1.67%
MTDR	B	1.6%
APH	A	1.57%
HPE	B	1.54%
UNP	C	1.52%
GLW	B	1.43%
DHR	F	1.42%
COP	C	1.32%
FAST	B	1.26%
ROST	C	1.03%
RIG	D	0.83%
DLTR	F	0.8%
APA	D	0.66%

CVRD Underweight 62 Positions Relative to ADME

Symbol	Grade	Weight
NVDA	C	-7.17%
AAPL	C	-6.89%
META	D	-2.44%
NOW	A	-2.11%
JPM	A	-2.0%
AVGO	D	-1.93%
TSLA	B	-1.89%
XOM	B	-1.84%
SYK	C	-1.82%
CAT	B	-1.74%
BRK.A	B	-1.72%
PGR	A	-1.68%
LMT	D	-1.61%
AMAT	F	-1.34%
NFLX	A	-1.33%
LIN	D	-1.31%
UNH	C	-1.25%
BLK	C	-1.23%
WMT	A	-1.2%
LLY	F	-1.19%
MS	A	-1.15%
KO	D	-1.13%
MAR	B	-1.11%
PG	A	-1.11%
FI	A	-1.09%
COST	B	-1.05%
INTU	C	-1.05%
ISRG	A	-1.05%
TMO	F	-1.04%
BAC	A	-1.02%
CSX	B	-1.01%
SO	D	-1.0%
CTAS	B	-0.97%
MCD	D	-0.96%
MSI	B	-0.9%
MMC	B	-0.89%
TJX	A	-0.87%
ADI	D	-0.86%
PHM	D	-0.8%
FANG	D	-0.74%
ICE	C	-0.71%
BMY	B	-0.71%
DLR	B	-0.71%
NEE	D	-0.69%
MKC	D	-0.68%
ABBV	D	-0.65%
DE	A	-0.64%
DUK	C	-0.64%
ETN	A	-0.63%
C	A	-0.62%
MO	A	-0.6%
TYL	B	-0.59%
PSA	D	-0.48%
EOG	A	-0.48%
VRTX	F	-0.45%
HCA	F	-0.45%
SHW	A	-0.44%
BR	A	-0.42%
AMGN	D	-0.36%
FCX	D	-0.35%
ADP	B	-0.32%
SLB	C	-0.25%