SRHR vs. VNQ

Last updated Jun 24, 2026

SRHR (SRH REIT Covered Call ETF) and VNQ (Vanguard Real Estate ETF) are both REIT funds. SRHR is actively managed, while VNQ is passively managed. Over the past year, SRHR returned 13.41% vs 11.59% for VNQ. Their correlation of 0.93 suggests significant overlap in exposure. SRHR charges 0.75%/yr vs 0.13%/yr for VNQ.

Performance

SRHR vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SRH REIT Covered Call ETF (SRHR) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRHR achieves a 14.19% return, which is significantly higher than VNQ's 11.77% return.

SRHR

• 1D: 1.21%
• 1M: 1.71%
• YTD: 14.19%
• 6M: 15.37%
• 1Y: 13.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VNQ

• 1D: 1.31%
• 1M: 1.13%
• YTD: 11.77%
• 6M: 12.16%
• 1Y: 11.59%
• 3Y*: 11.30%
• 5Y*: 2.83%
• 10Y*: 5.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SRHR vs. VNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SRHR SRH REIT Covered Call ETF	14.19%	-0.91%	3.94%	15.98%
VNQ Vanguard Real Estate ETF	11.77%	3.24%	4.81%	21.92%

Correlation

The correlation between SRHR and VNQ is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023	0.93

The correlation between SRHR and VNQ has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

Return for Risk

SRHR vs. VNQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SRHR

SRHR Risk / Return Rank: 31
SRHR Sharpe Ratio Rank: 31
SRHR Sortino Ratio Rank: 29
SRHR Omega Ratio Rank: 27
SRHR Calmar Ratio Rank: 34
SRHR Martin Ratio Rank: 34

VNQ

VNQ Risk / Return Rank: 26
VNQ Sharpe Ratio Rank: 24
VNQ Sortino Ratio Rank: 23
VNQ Omega Ratio Rank: 22
VNQ Calmar Ratio Rank: 29
VNQ Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SRHR vs. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SRH REIT Covered Call ETF (SRHR) and Vanguard Real Estate ETF (VNQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SRHR	VNQ	Difference
Sharpe ratio: Return per unit of total volatility	1.02	0.85	+0.18
Sortino ratio: Return per unit of downside risk	1.49	1.23	+0.26
Omega ratio: Gain probability vs. loss probability	1.18	1.15	+0.02
Calmar ratio: Return relative to maximum drawdown	1.62	1.40	+0.22
Martin ratio: Return relative to average drawdown	4.74	4.37	+0.38

SRHR vs. VNQ - Sharpe Ratio Comparison

The current SRHR Sharpe Ratio is 1.02, which is comparable to the VNQ Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of SRHR and VNQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SRHR vs. VNQ - Drawdown Comparison

The maximum SRHR drawdown since its inception was -18.68%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for SRHR and VNQ.

Drawdown Indicators

	SRHR	VNQ	Difference
Max Drawdown Largest peak-to-trough decline	-18.68%	-73.07%	+54.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-8.34%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.40%	—
Current Drawdown Current decline from peak	-0.67%	-0.66%	-0.01%
Average Drawdown Average peak-to-trough decline	-4.84%	-13.60%	+8.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.66%	+0.17%

Volatility

SRHR vs. VNQ - Volatility Comparison

The current volatility for SRH REIT Covered Call ETF (SRHR) is 4.26%, while Vanguard Real Estate ETF (VNQ) has a volatility of 5.19%. This indicates that SRHR experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRHR	VNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	5.19%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	10.20%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	13.23%	13.84%	-0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.83%	18.86%	-3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.83%	20.75%	-4.92%

SRHR vs. VNQ - Expense Ratio Comparison

SRHR has a 0.75% expense ratio, which is higher than VNQ's 0.13% expense ratio.

Dividends

SRHR vs. VNQ - Dividend Comparison

SRHR's dividend yield for the trailing twelve months is around 6.22%, more than VNQ's 3.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SRHR SRH REIT Covered Call ETF	6.22%	7.07%	6.90%	0.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNQ Vanguard Real Estate ETF	3.56%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%

Frequently Asked Questions

Can I hold both SRHR and VNQ in my portfolio?

With a correlation of 0.92, SRHR and VNQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SRHR or VNQ?

VNQ has higher volatility (5.19%) compared to SRHR (4.26%). In terms of maximum drawdown, SRHR dropped -18.68% vs VNQ's -73.07%.

Which ETF is better, SRHR or VNQ?

On 1-year performance, SRHR leads with 13.41% vs 11.59% for VNQ. On fees, VNQ is cheaper at 0.13% per year. On volatility, SRHR has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SRHR or VNQ?

Over the 1-year period, SRHR has performed better with a 13.41% return vs 11.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SRHR or VNQ?

VNQ is cheaper with a 0.13% expense ratio, compared with 0.75% for SRHR.

Which ETF pays a higher dividend yield, SRHR or VNQ?

SRHR has the higher dividend yield at 6.22%, compared with 3.56% for VNQ.

What is the main difference between SRHR and VNQ?

They also come from different issuers: SRH and Vanguard. Their fees differ too: 0.75% for SRHR and 0.13% for VNQ.

Which has better risk-adjusted returns?

SRHR currently has the higher Sharpe Ratio (1.02 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.