DIVL vs. CVRD ETF Comparison

Comparison of Madison Dividend Value ETF (DIVL) to Madison Covered Call ETF (CVRD)

DIVL

Madison Dividend Value ETF

DIVL Description

The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities. The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.

Grade (RS Rating)

Last Trade

$20.29

Average Daily Volume

5,926

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

4,474

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DIVL	CVRD
30 Days	-2.11%	-0.73%
60 Days	-0.74%	0.01%
90 Days	3.18%	1.57%
12 Months

2 Overlapping Holdings

	Symbol	Grade	Weight in DIVL	Weight in CVRD	Overlap
	CMCSA	F	3.58%	2.5%	2.5%
	CME	D	3.5%	3.1%	3.1%

DIVL Overweight 8 Positions Relative to CVRD

Symbol	Grade	Weight
FAST	D	4.48%
ABBV	D	4.01%
HD	D	3.81%
MDT	D	3.72%
EOG	B	3.69%
ADP	C	3.6%
MS	A	3.59%
BAC	A	3.44%

DIVL Underweight 8 Positions Relative to CVRD

Symbol	Grade	Weight
LVS	F	-3.51%
DHR	C	-3.41%
LOW	D	-3.12%
CSCO	F	-2.99%
STZ	D	-2.9%
TXN	A	-2.83%
MSFT	D	-2.71%
GILD	F	-2.59%