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Launched

SRH REIT Covered Call ETF

SRHRNYSE ArcaSRHD

$55.52+0.42 (+0.76%)

As of Nov 2, 2026, 10:13 AM ET

D40/ 100

Rank 15 of 22 in Sector Option Income

D40/100Rank 15 of 22inSector Option Income
Intraday session: up, 4 prints from 55.10 to 55.52. Range 55.10 to 55.52. Use the arrow keys to read each point.55.2055.3055.4010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$50M
1Y total return
+10.1%
Yield · Last 12 months
6.67%
Holdings
27
Avg volume · 30D
198 sh
52W range
low $51.65high $61.62
Launched

The ETF.net SRHR Grade

Based on 5 of 6 pillars

D

Score 40 out of 100

Category
Sector Option Income⁠
Rank
15 of 22
Six-pillar profile for SRHR. Scores out of 100: Cost 29, Risk 53, Mission not scored, Tradability 13, Holdings 86, Durability 66. Strongest: Holdings (86). Weakest: Tradability (13). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays D for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D29 out of 100
    Rank 16 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C53 out of 100
    Rank 10 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F13 out of 100
    Rank 22 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A86 out of 100
    Rank 3 of 19

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B66 out of 100
    Rank 6 of 22

Our read on SRHR

ETF.net Research

In short

DMost covered-call ETFs sell options on the S&P 500. SRHR does it on landlords: a portfolio of US REITs with calls written selectively on individual holdings, paid out monthly.

Stated mandate

The Fund seeks total return by investing primarily in publicly traded domestic REITs and selectively writing covered call options on portfolio REITs to generate additional income and potentially enhance returns.

Why people hold it

  • Charges 0.75%, well under the 0.95% median for actively overlaid options-income funds. Cheap for a niche strategy.
  • A rare REIT-only take on covered calls. The crowd overwrites broad indexes; this one sticks to publicly traded domestic real estate.
  • Calls are written selectively on portfolio names, not blanketed across the book, and the stated goal is total return rather than maximum yield.
  • Distributions land monthly, matching the rhythm income-focused holders usually want.

Worth knowing

  • Small and thinly traded. Expect wider bid-ask spreads than you'd see in the big names of this category, such as DIVO.
  • One sector, one rate story. REITs swing with borrowing costs, and there's no diversification here to soften that.
  • Selling a call trades away upside above the strike on that holding for premium today. That's the deal covered calls make.

SRHR Holdings

Holdings pillarA86 out of 100Rank 3 of 19 in Sector Option Income
Asset class
Stocks
Holdings
27
Top-10 weight
57%
Largest holding
LAMR10.8%

Sectors

  • Real Estate99.0%
  • Financials1.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1LAMRLamar Advertising Co10.82%34,168$5.38M164
2ORealty Income Corp6.52%57,000$3.25M284
3OHIOmega Healthcare Investors Inc6.28%66,500$3.12M177
4DOCHealthpeak Properties Inc5.51%144,063$2.74M204
5WPCWP Carey Inc5.48%42,500$2.72M183
6HSTHost Hotels & Resorts Inc5.26%103,525$2.62M274
7SMASmartstop Self Storage REIT Inc4.77%65,000$2.37M64
8CUZCousins Properties Inc4.31%72,500$2.14M122
9GNLGlobal Net Lease Inc4.14%295,500$2.06M96
10BRXBrixmor Property Group Inc4.10%70,000$2.04M150
11FRFirst Industrial Realty Trust4.05%37,000$2.01M158
12EXRExtra Space Storage Inc3.73%12,270$1.86M256
13SUISun Communities Inc3.66%16,094$1.82M190
14INVHInvitation Homes Inc3.50%65,628$1.74M244
15CURBCurbline Properties Corp3.44%60,000$1.71M108

Showing 1–15 of 27 holdings

SRHR Performance

Launched Nov 1, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
SRHR$11,012
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SRHR $11,012. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SRHR. Periods over one year show the average yearly return.
PeriodSRHR
Year to date+9.7%
1 month+1.6%
3 months−7.1%
1 year+10.1%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SRHR
YearReturn barSRHR
2026 YTD+9.7%
2025−0.9%
2024+4.0%
2023+15.8%

History from Nov 2, 2023

SRHR in the news

SRHR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
6.67%Last 12 months
Payout per share
$3.67Last 12 months
Last payment
$0.30 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 35 payments from 2023 to 2026 YTD. Dec 20, 2023 $0.56; Jan 25, 2024 $0.35; Feb 23, 2024 $0.36; Mar 21, 2024 $0.35; Apr 25, 2024 $0.35; May 23, 2024 $0.40; Jun 27, 2024 $0.36; Jul 25, 2024 $0.30; Aug 22, 2024 $0.31; Sep 26, 2024 $0.28; Oct 24, 2024 $0.27; Nov 21, 2024 $0.31; Dec 27, 2024 $0.30; Jan 23, 2025 $0.31; Feb 27, 2025 $0.33; Mar 27, 2025 $0.33; Apr 24, 2025 $0.28; May 22, 2025 $0.31; Jun 26, 2025 $0.30; Jul 24, 2025 $0.29; Aug 21, 2025 $0.32; Sep 25, 2025 $0.32; Oct 23, 2025 $0.32; Nov 28, 2025 $0.33; Dec 30, 2025 $0.31; Jan 22, 2026 $0.29; Feb 26, 2026 $0.27; Mar 26, 2026 $0.30; Apr 23, 2026 $0.27; May 21, 2026 $0.34; Jun 25, 2026 $0.30; Jul 23, 2026 $0.29; Aug 27, 2026 $0.32; Sep 24, 2026 $0.34; Oct 22, 2026 $0.30. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 22, 2026Oct 23, 2026$0.30
Sep 24, 2026Sep 25, 2026$0.34
Aug 27, 2026Aug 28, 2026$0.32
Jul 23, 2026Jul 24, 2026$0.29
Jun 25, 2026Jun 26, 2026$0.30
May 21, 2026May 22, 2026$0.34
Apr 23, 2026Apr 24, 2026$0.27
Mar 26, 2026Mar 27, 2026$0.30
Feb 26, 2026Feb 27, 2026$0.27
Jan 22, 2026Jan 23, 2026$0.29
Dec 30, 2025Dec 31, 2025$0.31
Nov 28, 2025Dec 1, 2025$0.33

See all 35 payments⁠

$10,000 in SRHR 1 year ago paid $688 in dividends.⁠

SRHR Risk

Risk pillarC53 out of 100Rank 10 of 22 in Sector Option Income
How much the fund’s monthly returns vary, scaled to a year.
13.1%
Annualised · 35 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.22
vs 3-month T-bills · 35 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−18.7%
35 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.65
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SRHR Cost

Compare SRHR and XLEI

Overpaying vs XLEI, tied cheapest in Sector Option Income

$7,356

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SRHR 0.75%

    $14,482

  • XLEI 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • SRHR 0.75%
  • XLEI 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SRHR $14,482XLEI $7,126

Year by year

YearSRHRXLEIOverpaying
10$1,336$634$702
20$5,078$2,454$2,624
30$14,482$7,126$7,356

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