SRH U.S. Quality GARP ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About SRHQ
TheFund employs a “passive management” – or indexing – investment approach designed to track the performanceof the Index. TheSRH U.S. Quality GARP Index TheIndex is intended to capture the performance of U.S. companies that exhibit consistent and moderate revenue growth but do nottrade at excessive valuations. The creator of the Index, SRH Advisors, LLC (the “Index Provider”), has designed theIndex to provide exposure to a diversified portfolio of U.S. companies featuring value, growth, and quality characteristics whilemaintaining overall market exposure close to that of widely-followed, broad-based U.S. equity benchmarks. TheIndex is constructed through the application of an objective, rules-based methodology created by the Index Provider, which involvesfirst defining the investable universe of securities, then screening the securities in the investable universe using value, growth,and quality metrics based on company valuation, revenue growth, and variability of such growth, respectively. Securities in theinvestable universe that pass each of these screens are included in the Index and are equal-weighted. Definingthe Index’s Investable Universe TheIndex’s investable universe is first defined by the Index Provider to include the common stock of the top 1,000 U.S. domiciledcompanies (as determined by market capitalization as of testing date or any of the prior four quarter-ends from the testing date)listed on a major U.S. exchange. Only securities with over $1 million in median daily trading value over the prior 30 days aredeemed eligible for the Index, while securities of Real Estate Investment Trusts (“REITs”), Master Limited partnerships(“MLPs”), American Depositary Receipts (“ADRs”), Preferred Stocks, investment companies, Business DevelopmentCompanies (“BDCs”) and Special Purpose Acquisition Companies (“SPACs”) are excluded from the Index’sinvestable universe. Applicationof Value, Growth, and Quality Criterion Screens Oncethe constituents of the Index’s investable universe have been established, they are next screened through the followingvalue, growth, and quality screening criterions developed by the Index Provider. TheIndex’s value criterion removes companies from the investable universe that exhibit an excessively high market valuationcompared to their fundamental value, as measured by the ratio of a company’s enterprise value (equal to its market capitalizationplus total debt, minus cash and cash equivalents) to its trailing 12-month free-cash-flow. To limit turnover in the Index andallow for appreciation of the securities, the Index utilizes a time buffer when applying this criterion, meaning a company isnot excluded if it satisfies the free-cash-flow ratio test as of any of (i) the testing date or (ii) any of the prior six quarter-endsfrom the testing date. TheIndex’s growth criterion removes companies from the investable universe that do not exhibit at least moderate long-termrevenue growth, as measured by a company’s 5-year average revenue growth rate. To limit turnover in the Index, the Indexutilizes a time buffer when applying this criterion, meaning a company is not excluded if it satisfies the revenue growth ratetest as of any of (i) the testing date or (ii) the date one-year prior to the testing date. TheIndex’s quality criterion removes companies from the investable universe that exhibit excessive or inconsistent growth thatmay be unsustainable. The Index excludes a company if it recorded an annual revenue growth rate in any of the past five yearsthat exceeded an annual growth rate limit set by the Index. AdditionalInformation Regarding the Index Followinga final adjustment to exclude any companies subject to a pending acquisition transaction, the companies remaining are those thatconstitute the Index. The Index is equally weighted and is rebalanced and reconstituted annually. TheIndex’s methodology is not constrained by specific market capitalization ranges or sectors. The Index’s constituentsare typically characterized as mid-capitalization (defined as those with a market capitalization of $2 billion up to $10 billion)or large-capitalization companies (market capitalization of $10 billion or greater) but may include small capitalization companies.As of October 31, 2025, there were 59 companies in the Index, of which 33 were large-cap, 25 medium-cap, and 1 small-cap. At thatpoint, the Index’s largest industry exposure allocation was to the Technology sector, but this may change following eachIndex reconstitution or rebalance. TheFund’s Investment Strategy TheFund attempts to invest all, or substantially all, of its assets in the common stocks that make up the Index. The Fund will generallyuse a “replication” strategy to achieve its investment objective, meaning it will invest in all of the component securitiesof the Index. The Fund, may use a “representative sampling” strategy, meaning it may invest in a sample of the securitiesin the Index whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Indexas a whole, when Vident Asset Management (“Vident” or the “Sub-Adviser”), the Fund’s investmentsub-adviser, believes it is in the best interests of the Fund. Undernormal circumstances, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in the componentsecurities of the Index. Paralel Advisors LLC (“Paralel” or the “Adviser”), the Fund’s investmentadviser, expects that, over time, the correlation between the Fund’s performance and that of the Index, before fees andexpenses, will be 95% or better. The Index Provider has an indirect, non-controlling interest in the parent company of the Adviser. Undernormal circumstances, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securitiesof issuers that are principally traded in the United States. To the extent the Index concentrates (i.e., holds more than 25% ofits total assets) in the securities of a particular industry or group of related industries, the Fund will concentrate its investmentsto approximately the same extent as the Index.
SRHQ News
Data for SRHQ is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.