SRHR vs. VOO

Last updated Aug 2, 2026

SRHR (SRH REIT Covered Call ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - SRHR is a REIT fund actively managed by SRH, while VOO is a S&P 500 fund tracking the S&P 500 Index. SRHR is actively managed, while VOO is passively managed. Over the past year, SRHR returned 20.98% vs 21.58% for VOO. Their 0.45 correlation means their historical movements had little consistent relationship. SRHR charges 0.75%/yr vs 0.03%/yr for VOO.

Performance

SRHR vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SRH REIT Covered Call ETF (SRHR) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRHR achieves a 18.07% return, which is significantly higher than VOO's 10.16% return.

SRHR

• 1D: -0.71%
• 1M: 0.49%
• 6M: 14.77%
• YTD: 18.07%
• 1Y: 20.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.35%

VOO

• 1D: 0.71%
• 1M: 0.26%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 21.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SRHR SRH REIT Covered Call ETF	$23.71K	$13.02K	$7.09K
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B

SRHR vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SRHR SRH REIT Covered Call ETF	18.07%	-0.91%	3.94%	15.98%
VOO Vanguard S&P 500 ETF	10.16%	17.82%	24.98%	12.93%

Correlation

The correlation between SRHR and VOO is 0.26, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.26
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023	0.45

The correlation between SRHR and VOO shifts across timeframes, from 0.26 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SRHR vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SRHR

SRHR Risk / Return Rank: 65
SRHR Sharpe Ratio Rank: 66
SRHR Sortino Ratio Rank: 67
SRHR Omega Ratio Rank: 60
SRHR Calmar Ratio Rank: 69
SRHR Martin Ratio Rank: 63

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SRHR vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SRH REIT Covered Call ETF (SRHR) and Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.53	0.00
Sortino ratio: Return per unit of downside risk	2.20	2.13	+0.07
Omega ratio: Gain probability vs. loss probability	1.26	1.28	-0.01
Calmar ratio: Return relative to maximum drawdown	2.44	2.21	+0.23
Martin ratio: Return relative to average drawdown	7.56	9.44	-1.88

SRHR vs. VOO - Sharpe Ratio Comparison

The current SRHR Sharpe Ratio is 1.53, which is comparable to the VOO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of SRHR and VOO, 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. VOO - Drawdown Comparison

The maximum SRHR drawdown since its inception was -18.68%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SRHR and VOO.

Drawdown Indicators

	SRHR	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-18.68%	-33.99%	+15.31%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-8.90%	+0.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-2.06%	-1.38%	-0.68%
Average Drawdown Average peak-to-trough decline	-4.67%	-3.67%	-1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.08%	+0.60%

Volatility

SRHR vs. VOO - Volatility Comparison

SRH REIT Covered Call ETF (SRHR) has a higher volatility of 4.21% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that SRHR's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRHR	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	3.54%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	10.24%	10.10%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	13.33%	12.82%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	16.93%	-1.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.75%	18.01%	-2.26%

SRHR vs. VOO - Expense Ratio Comparison

SRHR has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

SRHR vs. VOO - Dividend Comparison

SRHR's dividend yield for the trailing twelve months is around 6.07%, more than VOO's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SRHR SRH REIT Covered Call ETF	6.07%	7.07%	6.90%	0.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.07%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both SRHR and VOO in my portfolio?

SRHR and VOO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRHR or VOO?

SRHR has higher volatility (4.21%) compared to VOO (3.54%). In terms of maximum drawdown, SRHR dropped -18.68% vs VOO's -33.99%.

Which ETF is better, SRHR or VOO?

On 1-year performance, VOO leads with 21.58% vs 20.98% for SRHR. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SRHR or VOO?

Over the 1-year period, VOO has performed better with a 21.58% return vs 20.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SRHR or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.75% for SRHR.

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

SRHR has the higher dividend yield at 6.07%, compared with 1.07% for VOO.

What is the main difference between SRHR and VOO?

SRHR is categorized as REIT, while VOO is S&P 500. They also come from different issuers: SRH and Vanguard. Their fees differ too: 0.75% for SRHR and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.53 vs 1.53), 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.