For reasons that will become clearer below, my expectation is that the answer is negative in positive characteristic, due to the failure of nontrivial connected semisimple groups (unlike tori) to have completely reducible representation theory in such characteristics. (EDIT: McNinch has now given such examples with $H = {\rm{SL}}_m$ over any algebraically closed field of characteristic $p > 0$,: the adjoint semisimple subgroup $H = {\rm{PGL}}_n$ inside ${\rm{SL}}({\mathfrak{gl}}_n)$ embedded via "conjugation" for suitableany $m$ depending on$n$ divisible by $p$.) No doubt in char. 0 the argument via Cartan involutions by Aakumadula is simpler than what is below in char. 0 (though the proof of Mostow's theorem upon which Aakumadula's argument rests is not easy).
Observe that finding a counterexample to the original problem in positive characteristic amounts to showing that the above Theorem has optimal hypotheses; e.g., it fails for some connected semisimple $H$ (and a suitable $G$). This is a very natural question in positive characteristic, and so (as I hope Jim Humphreys will agree) adequately motivates the original problem.
I expect that counterexamples should exist in every positive characteristic (so the Theorem above is essentially optimal). (EDIT: McNinch's answer now confirms this expectation.)