QVMT vs MCN

Comparison between Invesco S&P 500 Enhanced Value ETF (QVMT, ETF) and Madison Covered Call & Equity Strategy Fund (MCN, ETF).

5-Year PerformanceQVMT has outperformed MCN, delivering a return of +12.4% compared to +2.9%

QVMT vs MCN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QVMT(ETF)	MCN(ETF)
Net Assets	$135M	$135M
Expense Ratio	0.13%	N/A
Max Drawdown	48.69%	75.11%
Sharpe Ratio	2.21	0.10
5Y Beta	0.66	0.52
P/E Ratio	23.44	N/A
Forward P/E	19.81	N/A
PEG Ratio	0.26	N/A
5Y Dividends CAGR	8.27%	1.61%
5Y EPS CAGR	17.33%	N/A
Debt to Equity	56.00%	N/A
P/S Ratio	2.04	N/A
P/B Ratio	4.12	N/A

Net Assets

Winner

QVMT

$135M

MCN

$135M

Expense Ratio

QVMT

0.13%

MCN

N/A

Max Drawdown

Winner

QVMT

48.69%

MCN

75.11%

Sharpe Ratio

Winner

QVMT

2.21

MCN

0.10

5Y Beta

QVMT

0.66

Winner

MCN

0.52

P/E Ratio

QVMT

23.44

MCN

N/A

Forward P/E

QVMT

19.81

MCN

N/A

PEG Ratio

QVMT

0.26

MCN

N/A

5Y Dividends CAGR

Winner

QVMT

8.27%

MCN

1.61%

5Y EPS CAGR

QVMT

17.33%

MCN

N/A

Debt to Equity

QVMT

56.00%

MCN

N/A

P/S Ratio

QVMT

2.04

MCN

N/A

P/B Ratio

QVMT

4.12

MCN

N/A

QVMT vs MCN - Historical Returns

Returns include dividend reinvestment.

Period	QVMT	MCN
1 month	+4.04%	-1.70%
3 months	+14.02%	+0.32%
6 months	+19.61%	+3.18%
1 year	+36.06%	+3.13%
5 years(CAGR)	+12.43%	+2.86%
10 years(CAGR)	+13.36%	+7.88%
Max(CAGR)	+12.43%	+5.47%

Winner

QVMT

+4.04%

MCN

-1.70%

Winner

QVMT

+14.02%

MCN

+0.32%

Winner

QVMT

+19.61%

MCN

+3.18%

Winner

QVMT

+36.06%

MCN

+3.13%

5Y(CAGR)

Winner

QVMT

+12.43%

MCN

+2.86%

10Y(CAGR)

Winner

QVMT

+13.36%

MCN

+7.88%

Max(CAGR)

Winner

QVMT

+12.43%

MCN

+5.47%

QVMT vs MCN - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	QVMT	MCN
2026	+19.07%	-0.38%
2025	+19.33%	+0.20%
2024	+13.10%	-0.33%
2023	+11.84%	+8.02%
2022	-6.97%	+6.33%
2021	+36.58%	+30.38%
2020	-10.53%	+14.91%
2019	+27.44%	+17.28%
2018	-10.08%	-12.21%
2017	+17.71%	+9.80%
2016	+22.66%	+14.94%
2015	+1.23%	-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%

QVMT vs MCN Drawdown Comparison

The maximum drawdown for QVMT was -48.02%, occurring on Mar 23, 2020. Recovery took 286 trading sessions.

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

The current MCN drawdown is -5.79%.

Rank	QVMT	MCN
#1	-48.02% Jan 2, 2020 - Feb 22, 2021	-65.08% Apr 25, 2007 - Oct 29, 2013
#2	-21.97% Jan 14, 2022 - Jan 2, 2024	-38.60% Jan 15, 2020 - Nov 9, 2020
#3	-20.26% Jan 29, 2018 - Jul 24, 2019	-24.48% Jun 28, 2024 - Apr 7, 2025
#4	-15.29% Nov 20, 2015 - Jul 18, 2016	-22.86% Oct 1, 2018 - Jan 15, 2020
#5	-14.43% Nov 25, 2024 - Aug 20, 2025	-19.57% Sep 9, 2022 - Jan 11, 2023
#6	-11.08% Jul 24, 2019 - Oct 23, 2019	-18.33% Jan 12, 2022 - Sep 8, 2022
#7	-8.77% Jun 4, 2021 - Oct 22, 2021	-17.00% Apr 27, 2023 - Jun 28, 2024
#8	-7.73% Jul 17, 2024 - Oct 11, 2024	-15.90% May 21, 2015 - May 27, 2016
#9	-6.67% Nov 23, 2021 - Dec 27, 2021	-11.23% Aug 17, 2005 - Sep 25, 2006
#10	-6.26% Mar 2, 2026 - Apr 9, 2026	-9.01% Jul 10, 2014 - May 20, 2015
#11	-5.99% Mar 1, 2017 - Jul 3, 2017	-8.74% Sep 13, 2021 - Dec 10, 2021
#12	-5.77% Mar 28, 2024 - Jul 16, 2024	-8.15% Dec 10, 2021 - Jan 11, 2022
#13	-4.26% Jan 8, 2024 - Jan 30, 2024	-8.12% Jan 24, 2018 - Jul 2, 2018
#14	-4.09% Sep 26, 2025 - Oct 24, 2025	-5.66% Jun 11, 2021 - Jul 13, 2021
#15	-4.05% Jul 25, 2017 - Sep 25, 2017	-5.47% Oct 5, 2017 - Dec 28, 2017

Correlation

Correlation between QVMT and MCN is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2004 - 2026)

QVMT vs MCN dividend yield comparison.

Year	QVMT	MCN
2026	0.50%	5.22%
2025	2.42%	12.00%
2024	2.71%	10.73%
2023	3.05%	9.56%
2022	2.49%	9.29%
2021	2.31%	8.98%
2020	2.70%	10.67%
2019	2.23%	10.86%
2018	2.48%	11.69%
2017	2.37%	9.33%
2016	1.11%	9.35%
2015	0.54%	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%