GraniteShares HIPS US High Income ETF (HIPS)
| Assets | $100.18M |
| Expense Ratio | 1.17% |
| PE Ratio | n/a |
| Shares Out | 8.55M |
| Dividend (ttm) | $1.29 |
| Dividend Yield | 10.95% |
| Ex-Dividend Date | Apr 28, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 57,336 |
| Open | 11.85 |
| Previous Close | 11.79 |
| Day's Range | 11.73 - 11.85 |
| 52-Week Low | 11.39 |
| 52-Week High | 12.46 |
| Beta | 0.65 |
| 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
28.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Dorchester Minerals, L.P. | DMLP | 3.07% |
| CVR Partners, LP | UAN | 3.07% |
| Kimbell Royalty Partners, LP | KRP | 3.01% |
| Two Harbors Investment Corp. | TWO | 2.97% |
| Plains All American Pipeline, L.P. | PAA | 2.92% |
| Western Midstream Partners, LP | WES | 2.88% |
| Delek Logistics Partners, LP | DKL | 2.84% |
| Enterprise Products Partners L.P. | EPD | 2.83% |
| Capital Southwest Corporation | CSWC | 2.71% |
| BlackRock Enhanced Large Cap Core Fund, Inc. | CII | 2.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 28, 2026 | $0.1075 | Apr 30, 2026 |
| Mar 27, 2026 | $0.1075 | Mar 31, 2026 |
| Feb 25, 2026 | $0.1075 | Feb 27, 2026 |
| Jan 28, 2026 | $0.1075 | Jan 30, 2026 |
| Dec 29, 2025 | $0.1075 | Dec 31, 2025 |
| Nov 25, 2025 | $0.1075 | Nov 28, 2025 |
Performance
HIPS had a total return of 7.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.24%.
News
How HIPS Generates Monthly Income
In today's market, income investors remain firmly focused on one objective: yield. With traditional sources of income still under pressure, demand for high-income ETFs continues to grow — especially t...
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.