SRHQ: SRH U.S. QUALITY GARP ETF
SRH U.S. QUALITY GARP ETF (SRHQ) Report
What this ETF is trying to do
The SRH U.S. Quality GARP ETF (ticker: SRHQ) is an exchange-traded fund designed to invest in U.S. companies. While the specific strategy details are not fully listed, the fund focuses on a selection of 81 different holdings.
What the numbers show
The current price of SRHQ is $47.93. When looking at how the fund has performed, it is important to look at two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price. The year-to-date (YTD) price return is approximately 20.97%. Over the last year, the price return was approximately 23.73%. Looking back three years, the price return was approximately 66.77%.
• Total Return: This includes both the share price changes and the money paid out through distributions. The YTD total return is approximately 21.71%. The one-year total return was approximately 24.73%, and the three-year total return was approximately 70.64%.
An estimated price from roughly one year ago was $38.74.
Income and distribution explanation
SRHQ provides cash distributions to investors. The distribution yield is approximately 0.72%. This means the amount of cash paid out relative to the ETF's price is 0.72%. The fund usually pays these distributions on a quarterly basis, with four payouts recorded over the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in the portfolio (note that this is a partial list):
• Humana Inc (2.54%)
• Qualys Inc (2.46%)
• Centene Corp (2.21%)
• Commvault Systems Inc (2.15%)
• Nutanix Inc Class A (2.15%)
• Insperity Inc (1.98%)
• Amrx (1.76%)
• Abercrombie & Fitch Co Class A (1.70%)
• Box Inc Class A (1.68%)
• Frontdoor Inc (1.64%)
Pros
• The fund has shown positive price returns over the one-year and three-year periods.
• The erosion-risk measurements suggest no significant price deterioration has been detected.
Cons
• The distribution yield is relatively low at 0.72%.
Beginner takeaway
SRHQ is an ETF that has seen its share price increase over the last year and three years. While it pays a quarterly distribution, the total return (which includes those payments) is higher than the price return alone. There are currently no flags indicating severe erosion risk based on the supplied data.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | HUMANA INC | HUM | 2.54% |
| 2 | QUALYS INC | QLYS | 2.46% |
| 3 | CENTENE CORP | CNC | 2.21% |
| 4 | COMMVAULT SYSTEMS INC | CVLT | 2.15% |
| 5 | NUTANIX INC CLASS A | NTNX | 2.15% |
| 6 | INSPERITY INC | NSP | 1.98% |
| 7 | n/a | AMRX | 1.76% |
| 8 | ABERCROMBIE & FITCH CO CLASS A | ANF | 1.70% |
| 9 | BOX INC CLASS A | BOX | 1.68% |
| 10 | FRONTDOOR INC | FTDR | 1.64% |