What Is the SRHQ ETF? A Complete Guide to Returns, Expense Ratio, Holdings and Alternative ETFs
The SRH U.S. Quality GARP ETF (SRHQ) uses a rules-based approach to select high-quality U.S. stocks based on growth at a reasonable price (GARP). Its expense ratio, dividend and stock selection method are the key points of comparison against peer quality factor ETFs such as QUAL and SPHQ.
SubscribeWhat Is the SRH U.S. Quality GARP ETF?
This ETF tracks the SRH U.S. Quality GARP Index and holds U.S. companies selected by a rules-based process for combining steady revenue growth with reasonable valuations.
It suits medium- to long-term investors who want quality exposure that blends growth and value without leaning too far toward either.
The ETF is managed passively (index tracking) by Parallel Advisors.
How Does the SRH U.S. Quality GARP ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | SRH U.S. Quality GARP Index |
| Management Style | Passive (index tracking) |
| Rebalancing Frequency | Regular rebalancing |
| Dividend Frequency | Quarterly dividends |
| Issuer | Parallel Advisors |
| Expense Ratio | 0.35% |
Following the underlying index rules, the fund selects and holds U.S. companies that show steady, moderate revenue growth without excessive valuations. Rather than looking only at growth or only at cheap prices, it applies both criteria together and follows a GARP approach to holding quality stocks at reasonable prices.
- GARP selection rules that combine growth and value
- A diversified portfolio with broad exposure to mid-cap stocks
SRH U.S. Quality GARP ETF Size and Costs (AUM and Expense Ratio)
Assets under management (AUM) stand at $223.0M, and the expense ratio is 0.35% per year.
Stock selection rules and expense ratios differ from those of peer quality ETFs, so it is useful to examine these two aspects together when comparing.
SRH U.S. Quality GARP ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThe ETF moves in line with U.S. quality stocks. Because it looks at growth and value together, its relative strengths and weaknesses tend to differ from those of pure growth or pure value strategies depending on the market phase. Short-term swings are also affected by interest rates and earnings seasons.
Fund flows move with demand for the quality factor, and when market volatility rises, interest in stocks with stable fundamentals can stand out. Its asset size is relatively small compared with large peer quality ETFs.
SRH U.S. Quality GARP ETF Pros and Cons
Its strength is a selection process that balances growth and value, while its smaller asset size compared with large peer quality ETFs is something to keep in mind.
💪 Key Strengths
⚠️ Points to Watch
SRH U.S. Quality GARP ETF Alternative ETFs and Related Products
QUAL, SPHQ and JQUA shown in the table are large ETFs that track the U.S. quality factor. They are direct comparisons within the same category, and they differ in asset size and expense ratio. You can also consider DGRW, which adds a dividend growth perspective to quality stocks, and QGRW, which strengthens the growth weighting. For different exposure through the momentum factor, MTUM is another option to compare.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 QUAL | iShares MSCI USA Quality Factor ETF | $222.49 | -1.0% | $48.6B | 0.15% | 0.85% | +13.1% |
 SPHQ | Invesco S&P 500 Quality ETF | $82.97 | -2.2% | $19.0B | 0.15% | 1.05% | +11.9% |
 DGRW | WisdomTree U.S. Quality Dividend Growth Fund | $98.46 | -0.9% | $17.1B | 0.28% | 1.24% | +10.3% |
 JQUA | JPMorgan U.S. Quality Factor ETF | $75.52 | -1.5% | $9.7B | 0.12% | 1.05% | +20.4% |
 QGRW | WisdomTree U.S. Quality Growth Fund | $64.56 | -2.8% | $3.2B | 0.28% | 0.08% | +8.1% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 RAL | Ralliant Corp | - | $67.21 | -4.7% | $7.4B | - | 0.22% |
| HUM | Humana Inc | 0.02% | $414.50 | -0.7% | $49.8B | 39.3 | 0.89% |
| CNC | Centene Corp | 0.04% | $68.45 | -0.3% | $33.9B | 23.5 | - |
 NSP | Insperity Inc | 0.02% | $48.68 | +5.2% | $1.9B | 702.5 | 4.93% |
 QLYS | Qualys Inc | 0.02% | $224.12 | -2.7% | $7.8B | 38.8 | - |
 NTNX | Nutanix Inc | 0.02% | $67.21 | -5.0% | $18.3B | 13.0 | - |
| UNH | Unitedhealth Group Inc | 0.03% | $406.97 | -1.0% | $365.3B | 23.2 | 2.21% |
 CVLT | Commvault Systems Inc | 0.02% | $165.13 | -3.8% | $6.8B | 85.5 | - |
SRH U.S. Quality GARP ETF Investor Checkpoints
Here are the points to review before investing in SRHQ. It is a good idea to confirm in advance whether the GARP stock selection rules fit your strategy, how the expense ratio and asset size affect liquidity, and what your currency exposure is.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the cumulative cost impact over a long holding period | Needs review |
| ⚖️ Selection Method | Check whether the GARP rules fit your strategy | Growth and value combined |
| 💧 Asset Size | Check liquidity and bid-ask spreads | Small relative to peers |
| 💱 Exchange Rate | Impact on returns converted to won | No currency hedge |
When the quality and GARP factors underperform, relative performance versus the market can lag, and the fund's smaller asset size compared with large peer ETFs, along with currency fluctuations, can also contribute to short-term volatility.
It is worth considering if you want U.S. quality stock exposure that balances growth and value. If asset size and liquidity matter most, it is advisable to compare costs and selection methods against large quality ETFs such as QUAL and SPHQ before choosing.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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