SRH REIT Covered Call ETF
$56.51+0.00 (+0.00%)
- Expense ratio
- 0.75%
- Fund size
- $51M
- 1Y return
- +8.8%
- Yield · Last 12 months
- 6.49%
- Holdings
- 35
- Volume · 30D
- 0M sh
- NAV per share
- $56.48
- 52W range
The ETF.net SRHR Grade
Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 29Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 54Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 0Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 82Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 68Category rank
Our read on SRHR
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.
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
- Stocks
- 35
- 56%
- LAMR
Sectors
Geography
SRHR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | SRHR |
|---|---|
| Year to date | +11.2% |
| 1 month | −4.0% |
| 3 months | −1.5% |
| 1 year | +8.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SRHR |
|---|---|---|
| 2026 YTD | +11.2% | |
| 2025 | −0.9% | |
| 2024 | +4.0% | |
| 2023 | +15.8% |
SRHR in the news
ETF.net Research hasn’t filed on SRHR yet — coverage lands here as it’s written.
SRHR Dividends
- 6.49%
- $3.67
- $0.32 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 27, 2026 | Aug 28, 2026 | $0.32 |
| Jul 23, 2026 | Jul 24, 2026 | $0.29 |
| Jun 25, 2026 | Jun 26, 2026 | $0.30 |
| May 21, 2026 | May 22, 2026 | $0.34 |
| Apr 23, 2026 | Apr 24, 2026 | $0.27 |
| Mar 26, 2026 | Mar 27, 2026 | $0.30 |
| Feb 26, 2026 | Feb 27, 2026 | $0.27 |
| Jan 22, 2026 | Jan 23, 2026 | $0.29 |
| Dec 30, 2025 | Dec 31, 2025 | $0.31 |
| Nov 28, 2025 | Dec 1, 2025 | $0.33 |
| Oct 23, 2025 | Oct 24, 2025 | $0.32 |
| Sep 25, 2025 | Sep 26, 2025 | $0.32 |
SRHR Risk
- 13.1%
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.
- 0.34
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.
- −18.7%
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.
- 0.62
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SRHR Cost
- The middle half of Sector Option Income funds
- Median 0.47%
15 of the 22 Sector Option Income funds charge less.