Summary
Madison Covered Call ETF is an ETF - a fund traded on an exchange like a stock - run by Madison Funds. Positions inside: 52. The ten largest make up 48% of the fund.
- Yearly costs
- 0.92%
- Fund size
- $30.7M
- Positions
- 52
- Dividend yield
- 7.52%
- Running since
- 2023
What speaks for it
Nothing stands out in its favour.
What to watch
- 84% of the fund is in one country (United States).
- Costs of 0.92% a year are above the middle of comparable funds (0.44%).
- A small fund with $30.7M under management; small funds get closed more often.
- It trades little: only about $37.7K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.6%
- 3 months
- +3.9%
- This year
- +1.3%
- 1 year
- -1.1%
- 3 years
- -4.3%
- Avg. market cap
- $374.7B
- P/E
- 18.1x
- Forward P/E
- 15.2x
- P/S
- 2.9x
- P/B
- 3.1x
- P/FCF
- 14.9x
- EV/EBITDA
- 11.4x
- Dividend yield
- 1.60%
- ROIC
- 12.4%
- ROE
- 29.9%
- Gross margin
- 59.9%
- Operating margin
- 27.4%
- Net margin
- 19.4%
- Payout ratio
- 28.9%
- Net debt/EBITDA
- 1.8x
- Beta
- 0.59
Weighted average of the 31 largest companies, which make up 92% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 US BANK MMDA - USBGFS 9 09/01/2037 12%
- 2 DHDanaher DHR 5.4%
- 3 VVisa V 4.5%
- 4 AMAmazon AMZN 4.4%
- 5 ACAccenture ACN 4.0%
- 6 BLBlackRock BLK 3.7%
- 7 MTMatador Resources Company MTDR 3.6%
- 8 ADAdobe ADBE 3.5%
- 9 AMAmerican Tower AMT 3.5%
- 10 RITransocean Ltd. RIG 3.5%
Positions in the fund: 52. The ten largest make up 48% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 25%
- Financials 16%
- Healthcare 11%
- Consumer cyclical 9.7%
- Communication services 9.3%
- Other 30%
By country
- United States 84%
- Ireland 3.7%
- Switzerland 3.5%
- Other countries 8.4%
By company size
- Mega cap 17%
- Large cap 75%
- Mid cap 7.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 92% of the fund.
Largest sector: Technology (25%). Largest country: United States (84%). Largest size group: Large cap (75%).
What does it cost me?
Expensive- A year from $10,000
- $92.00
- Over 20 years
- $4,282
From every $10,000 invested the fund takes $92.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,282.
How has it done?
Losing value- A year on average, 3 years
- -1.4%
- Deepest drop
- -26%
- Yearly volatility
- 10%
Average yearly decline over the last three years: 1.4%. Deepest drop in these years: 26% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 7.52%
- Payments a year
- 4
- Last payment
- $0.30
Over the last 12 months it paid $1.41 per share, which is 7.52% of today's price. The last payment was $0.30 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $37.7K
- Shares a day
- 2.0K
On an average day about $37.7K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 18.1
- Average Bulios Score
- 71 out of 100
Weight by Bulios Fair Price
- Undervalued 33%
- Fairly valued 13%
- Overvalued 54%
On average the companies inside trade for 18.1 times their yearly profit. By Fair Price, 54% of the rated weight comes out as overvalued.
Counted from its largest companies (31), which make up 92% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
KA KAT Scharf ETF | United States | 0.75% | $662.2M | - | Pays out | 23% |
VD VDIG Vanguard Wellesley Income Fund - Vanguard Wellington Dividend Growth Active ETF | United States | 0.40% | $32.3M | - | - | 23% |
VD VDIGX Vanguard Dividend Growth Fund· mutual fund | United States | 0.20% | $33.4B | -12% | Pays out | 22% |
DV DVND Touchstone Dividend Select ETF | United States | 1.15% | $54.2M | +12% | Pays out | 21% |
MA MAVF Matrix Advisors Value ETF | United States | 0.75% | $91.7M | +16% | Pays out | 21% |
UB UBIQ AAM Ubiquitous ETF | United States | 0.49% | $26.0 | - | - | 20% |