SRH U.S. Quality GARP ETF (SRHQ) is an exchange-traded fund that seeks to provide investment results corresponding to the SRH U.S. Quality GARP Index, which tracks the performance of U.S. companies exhibiting moderate and consistent revenue growth without excessive valuations; the fund employs a passive management strategy, holding a diversified portfolio of approximately 60 U.S. stocks screened through value, growth, and quality metrics, with top holdings including Ciena Corp, EMCOR Group Inc, Pegasystems Inc, Polaris Inc, and EnerSys; it offers quarterly distributions and trades on NYSE Arca with an expense ratio of 0.35%.
Launched on October 4, 2022, as a series of Elevation Series Trust, a Delaware statutory trust, SRHQ is managed by Paralel Advisors LLC as investment adviser, with Vident Asset Management serving as sub-adviser; the fund is distributed by Paralel Distributors LLC, both subsidiaries of Paralel Technologies LLC, and operates from administrative offices at 1700 Broadway, Suite 1850, Denver, Colorado.
In a significant recent development, the fund changed its name from SRH U.S. Quality ETF to SRH U.S. Quality GARP ETF effective February 28, 2025, to better reflect its growth at a reasonable price (GARP) focus; as of December 2025, total net assets stand at approximately $175 million, with no reported acquisitions, funding rounds, or major partnerships in the last two years, maintaining its core index-tracking approach amid stable operations.