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SRHR SRH REIT Covered Call ETF

Covered call on SPY, paying monthly

Over the year to Sep 11, 2026, SRHR paid 6.5% in cash and still finished 9.7 points behind SPY.

not established · Income ETFs · data as of

Key facts

6.5%Cash paid, 1 year, on its starting price
+7.8%Total return, 1 year
−9.7 ptsAgainst SPY
6.8%Latest payout, annualized

Method

ETFIQ Return Stability Score

51.276th of 162

SRHR paid 6.5% in cash and its price rose 1.0%, so the payout came out of returns rather than principal.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsRMIF −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsSRHR −9.7 ptsSRHR −9.7 pts−38.1 pts+24.6 pts

36.7% of the 162 sit at or below SRHR on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%RMIF −3.9%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%SRHR +1.0%SRHR +1.0%−75.0%+68.6%

65.7% of the 162 sit at or below SRHR on this measure.

Weighted evenly, those two positions are what the score combines, across the 162 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−9.7 pts36.750%
what happened to the principal+1.0%65.750%

All income ETFs ranked by this score · How it is computed

What a holder got

SRHR against SPYSRHR returned +7.8% with distributions reinvested against +17.5% for S&P 500 (SPY), used as a default proxy, a gap of −9.7 pts. Of that, 6.5% arrived as cash rather than price.+7.8%SRHR total return+17.5%S&P 500 (SPY), used as a default proxy6.5% of it arrived as cash

Over the year to Sep 11, 2026, SRHR returned +7.8% with distributions reinvested and S&P 500 (SPY), used as a default proxy returned +17.5%, so a holder came out behind it by 9.7 points. The lighter segment is the 6.5% that arrived as cash rather than as price.

Method

Period by period

SRHR over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months1.5%−4.0%−2.5%+3.3%−5.8 pts
6 months3.4%+4.6%+8.0%+16.0%−8.0 pts
1 year6.5%+1.0%+7.8%+17.5%−9.7 pts
Since launch20.7%+10.8%+33.7%+83.5%−49.8 pts

Method

When SRHR pays

SRHR pays monthly. The last distribution was $0.3234 a share, which went ex on Aug 27, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 28 days the ex-date falls near Sep 24, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for SRHR. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 24, 2026Sep 28, 2026$0.3234ETFIQ projection from the fund’s own cadence
Oct 22, 2026Oct 26, 2026$0.3234ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for SRHR (13, most recent first)
Cash distributions per share for SRHR. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Aug 27, 2026$0.3234
Jul 23, 2026$0.2863
Jun 25, 2026$0.3044
May 21, 2026$0.3405
Apr 23, 2026$0.2746
Mar 26, 2026$0.3016
Feb 26, 2026$0.2718
Jan 22, 2026$0.2892
Dec 30, 2025$0.3134
Nov 28, 2025$0.329
Oct 23, 2025$0.3169
Sep 25, 2025$0.3161
Aug 21, 2025$0.317

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Nov 2, 2023, SRHR has returned +33.7% with distributions reinvested, against +83.5% for S&P 500 (SPY), used as a default proxy, and has paid out 20.7% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 6.8%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

SRHR (SRH REIT Covered Call ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkS&P 500 (SPY), used as a default proxy (proxy)
Paysmonthly
Net assets (source, as filed for Apr 30, 2026)$51m
Latest payout, annualized (ETFIQ)6.8%
Expense rationot read by ETFIQ
Cash paid, last 12 months, over today’s price (ETFIQ)6.4%
LaunchedNov 2, 2023
Paysmonthly
Typical gap between ex-dates28 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.3234 ex Aug 27, 2026
Sum of the last 12 distributions$3.6672

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has SRHR paid over the last year?
Over the year to Sep 11, 2026, SRHR paid 6.5% of its starting price in cash distributions, while the price rose 1.0%.
Is SRHR ahead of SPY?
Over the year to Sep 11, 2026, with every distribution reinvested, SRHR returned +7.8% against +17.5% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 9.7 points.
How often does SRHR pay, and how much?
SRHR pays monthly. The latest distribution annualizes to 6.8% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does SRHR next pay a distribution?
SRHR pays monthly. The last distribution went ex on Aug 27, 2026 at $0.3234 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 24, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Funds near this one

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SRHR payout bar, ETFIQ

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<p><a href="https://etfiq.com/funds/SRHR">SRHR payout bar, updated daily by ETFIQ</a></p>

Where SRHR is written about

SRHR, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open SRHR live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, SRHR, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/SRHR Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources