MBOX vs MCN

Comparison between FREEDOM DAY DIVIDEND ETF (MBOX, ETF) and Madison Covered Call & Equity Strategy Fund (MCN, ETF).

5-Year PerformanceMBOX has outperformed MCN, delivering a return of +11.8% compared to +3.5%

MBOX vs MCN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBOX(ETF)	MCN(ETF)
Net Assets	$138M	$138M
Expense Ratio	0.39%	N/A
Max Drawdown	17.67%	75.11%
Sharpe Ratio	1.73	0.41
5Y Beta	0.73	0.52
P/E Ratio	18.20	N/A
Forward P/E	14.69	N/A
PEG Ratio	0.46	N/A
5Y Dividends CAGR	N/A	1.61%
5Y EPS CAGR	14.63%	N/A
P/S Ratio	2.23	N/A
P/B Ratio	3.58	N/A

Net Assets

Winner

MBOX

$138M

MCN

$138M

Expense Ratio

MBOX

0.39%

MCN

N/A

Max Drawdown

Winner

MBOX

17.67%

MCN

75.11%

Sharpe Ratio

Winner

MBOX

1.73

MCN

0.41

5Y Beta

MBOX

0.73

Winner

MCN

0.52

P/E Ratio

MBOX

18.20

MCN

N/A

Forward P/E

MBOX

14.69

MCN

N/A

PEG Ratio

MBOX

0.46

MCN

N/A

5Y Dividends CAGR

MBOX

N/A

MCN

1.61%

5Y EPS CAGR

MBOX

14.63%

MCN

N/A

P/S Ratio

MBOX

2.23

MCN

N/A

P/B Ratio

MBOX

3.58

MCN

N/A

MBOX vs MCN - Historical Returns

Returns include dividend reinvestment.

Period	MBOX	MCN
1 month	+3.88%	-2.33%
3 months	+6.98%	-0.82%
6 months	+14.67%	+3.21%
1 year	+24.47%	+8.34%
5 years(CAGR)	+11.79%	+3.46%
10 years(CAGR)	N/A	+7.85%
Max(CAGR)	+11.86%	+5.51%

Winner

MBOX

+3.88%

MCN

-2.33%

Winner

MBOX

+6.98%

MCN

-0.82%

Winner

MBOX

+14.67%

MCN

+3.21%

Winner

MBOX

+24.47%

MCN

+8.34%

5Y(CAGR)

Winner

MBOX

+11.79%

MCN

+3.46%

10Y(CAGR)

MBOX

N/A

MCN

+7.85%

Max(CAGR)

Winner

MBOX

+11.86%

MCN

+5.51%

MBOX vs MCN - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	MBOX	MCN
2026	+14.19%	+0.49%
2025	+8.53%	+0.20%
2024	+16.65%	-0.33%
2023	+16.40%	+8.02%
2022	-4.07%	+6.33%
2021	+9.48%	+30.38%
2020	N/A	+14.91%
2019	N/A	+17.28%
2018	N/A	-12.21%
2017	N/A	+9.80%
2016	N/A	+14.94%
2015	N/A	-0.75%
2014	N/A	+9.41%
2013	N/A	+14.32%
2012	N/A	+12.18%
2011	N/A	-10.59%
2010	N/A	+10.23%
2009	N/A	+54.72%
2008	N/A	-38.79%
2007	N/A	-16.23%
2006	N/A	+12.53%
2005	N/A	+7.26%
2004	N/A	+1.32%

MBOX vs MCN Drawdown Comparison

The maximum drawdown for MBOX was -16.40%, occurring on Sep 30, 2022. Recovery took 322 trading sessions.

The maximum drawdown for MCN was -65.08%, occurring on Mar 9, 2009. Recovery took 1641 trading sessions.

The current MBOX drawdown is -1.23%. The current MCN drawdown is -4.97%.

Rank	MBOX	MCN
#1	-16.40% Apr 8, 2022 - Jul 24, 2023	-65.08% Apr 25, 2007 - Oct 29, 2013
#2	-16.36% Nov 25, 2024 - Sep 10, 2025	-38.60% Jan 15, 2020 - Nov 9, 2020
#3	-7.60% Jul 31, 2023 - Nov 20, 2023	-24.48% Jun 28, 2024 - Apr 7, 2025
#4	-6.84% Jan 4, 2022 - Mar 24, 2022	-22.86% Oct 1, 2018 - Jan 15, 2020
#5	-6.82% Jul 16, 2024 - Aug 23, 2024	-19.57% Sep 9, 2022 - Jan 11, 2023
#6	-5.75% Mar 2, 2026 - Apr 22, 2026	-18.33% Jan 12, 2022 - Sep 8, 2022
#7	-5.68% Mar 28, 2024 - May 15, 2024	-17.00% Apr 27, 2023 - Jun 28, 2024
#8	-4.83% Sep 2, 2021 - Oct 21, 2021	-15.90% May 21, 2015 - May 27, 2016
#9	-4.48% Aug 30, 2024 - Sep 19, 2024	-11.23% Aug 17, 2005 - Sep 25, 2006
#10	-4.44% Oct 3, 2025 - Dec 11, 2025	-9.01% Jul 10, 2014 - May 20, 2015
#11	-3.93% May 10, 2021 - Aug 3, 2021	-8.74% Sep 13, 2021 - Dec 10, 2021
#12	-3.85% Oct 14, 2024 - Nov 6, 2024	-8.15% Dec 10, 2021 - Jan 11, 2022
#13	-3.60% Nov 24, 2021 - Dec 7, 2021	-8.12% Jan 24, 2018 - Jul 2, 2018
#14	-2.57% May 15, 2024 - Jun 24, 2024	-5.66% Jun 11, 2021 - Jul 13, 2021
#15	-2.51% Nov 8, 2024 - Nov 21, 2024	-5.47% Oct 5, 2017 - Dec 28, 2017

Correlation

Correlation between MBOX and MCN is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2004 - 2026)

MBOX vs MCN dividend yield comparison.

Year	MBOX	MCN
2026	0.60%	5.17%
2025	1.94%	12.00%
2024	1.60%	10.73%
2023	2.13%	9.56%
2022	2.87%	9.29%
2021	1.17%	8.98%
2020	0.00%	10.67%
2019	0.00%	10.86%
2018	0.00%	11.69%
2017	0.00%	9.33%
2016	0.00%	9.35%
2015	0.00%	9.76%
2014	0.00%	8.85%
2013	0.00%	8.81%
2012	0.00%	9.45%
2011	0.00%	9.64%
2010	0.00%	7.96%
2009	0.00%	8.95%
2008	0.00%	19.00%
2007	0.00%	11.57%
2006	0.00%	8.74%
2005	0.00%	8.92%
2004	0.00%	2.01%