GraniteShares HIPS US High Income ETF (HIPS)
| Assets | $107.07M |
| Expense Ratio | 1.60% |
| PE Ratio | 11.09 |
| Shares Out | 8.05M |
| Dividend (ttm) | $1.18 |
| Dividend Yield | 8.90% |
| Ex-Dividend Date | Jan 29, 2025 |
| Payout Ratio | 98.68% |
| 1-Year Return | +6.32% |
| Volume | 27,227 |
| Open | 13.33 |
| Previous Close | 13.36 |
| Day's Range | 13.24 - 13.37 |
| 52-Week Low | 12.29 |
| 52-Week High | 13.40 |
| Beta | 1.06 |
| Holdings | 42 |
| Inception Date | Jan 6, 2015 |
About HIPS
Fund Home PageThe GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an equal-weighted index of US-listed assets that produce high income and pass through that income without being taxed at the constituent level. The portfolio includes REITs, MLPs, BDCs, and closed-end funds. HIPS was launched on Jan 6, 2015 and is issued by GraniteShares.
Top 10 Holdings
27.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Annaly Capital Management, Inc. | NLY | 2.85% |
| USA Compression Partners, LP | USAC | 2.85% |
| Two Harbors Investment Corp. | TWO | 2.81% |
| AGNC Investment Corp. | AGNC | 2.76% |
| PennyMac Mortgage Investment Trust | PMT | 2.68% |
| MPLX LP | MPLX | 2.68% |
| Goldman Sachs BDC, Inc. | GSBD | 2.66% |
| Trinity Capital Inc. | TRIN | 2.64% |
| Hess Midstream LP | HESM | 2.63% |
| Fidus Investment Corporation | FDUS | 2.63% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2025 | $0.1075 | Jan 31, 2025 |
| Dec 27, 2024 | $0.1075 | Dec 31, 2024 |
| Nov 26, 2024 | $0.1075 | Nov 29, 2024 |
| Oct 29, 2024 | $0.1075 | Oct 31, 2024 |
| Sep 26, 2024 | $0.1075 | Sep 30, 2024 |
| Aug 28, 2024 | $0.1075 | Aug 30, 2024 |
News
HIPS: The Underlying Index Changed, The Issue Stays The Same
GraniteShares HIPS US High Income ETF holds an equal weight portfolio in CEFs, MLPs, REITs, and BDCs. The change in underlying index last month was not a major one.
HIPS: This ETF Doesn't Lie In A Favorable Spot Right Now
HIPS is an ETF that has the potential to lure investors in with its high yield. But this strategy is built for bull markets in high yield bonds. We are not in one.
HIPS: It's Hard To Make A Good Recipe With Bad Ingredients
HIPS is a high-yield ETF with a portfolio diversified in CEFs, MLPs, mortgage REITs, and BDCs. The yield is very attractive, but price history shows a steep capital decay.
HIPS: A High Yield With 3 Red Flags
HIPS is an income fund invested in CEFs, MLPs, REITs, and BDCs.
HIPS: Diversified Multi-Asset Class ETF, Strong 8.0% Dividend Yield, But Better Choices Out There
A reader and subscriber asked for my thoughts on HIPS. HIPS is a diversified multi-asset class index ETF, offering investors a strong 8.0% dividend yield.
HIPS: A Defense Of Income Investing
Why capital appreciation is a flawed strategy for income generation. Why bonds may not be the solution to the U.S. "Income Crisis".
HIPS: Yield Is Its Only Good Feature
With CDs earning below inflation (and not even close), investors in need of income are searching for high quality investments to meet that need. Not sure HIPS meets that goal. Smart income investors d...
US is in an 'income crisis,' says issuer whose ETF offers a 10% annual yield
In an "income-starved environment," high-income strategies may be good alternatives for investors, says GraniteShares founder and CEO Will Rhind.
Pros and cons of high-income investing with two ETF analysts
GraniteShares CEO Will Rhind and ETF Trends CIO Dave Nadig break down the risks and rewards of plays such as GraniteShares' HIPS ETF. With CNBC's Eric Chemi.