GraniteShares HIPS US High Income ETF (HIPS)
| Assets | $94.34M |
| Expense Ratio | 1.17% |
| PE Ratio | 11.78 |
| Forward PE | n/a |
| Shares Out | 8.95M |
| Dividend | $1.29 (12.31%) |
| Ex-Dividend Date | Oct 28, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 145.00% |
| Volume | 32,323 |
| Open | 10.54 |
| Previous Close | 10.63 |
| Day's Range | 10.49 - 10.54 |
| 52-Week Low | 10.37 |
| 52-Week High | 12.30 |
| 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
29.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Dorchester Minerals, L.P. | DMLP | 3.27% |
| Alliance Resource Partners, L.P. | ARLP | 3.15% |
| Enterprise Products Partners L.P. | EPD | 3.05% |
| MPLX LP | MPLX | 3.04% |
| Black Stone Minerals, L.P. | BSM | 3.04% |
| Kimbell Royalty Partners, LP | KRP | 2.95% |
| Capital Southwest Corporation | CSWC | 2.88% |
| CVR Partners, LP | UAN | 2.86% |
| BlackRock Enhanced Large Cap Core Fund, Inc. | CII | 2.83% |
| Plains All American Pipeline, L.P. | PAA | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 28, 2026 | $0.1075 | Oct 30, 2026 |
| Sep 28, 2026 | $0.1075 | Sep 30, 2026 |
| Aug 27, 2026 | $0.1075 | Aug 31, 2026 |
| Jul 29, 2026 | $0.1075 | Jul 31, 2026 |
| Jun 26, 2026 | $0.1075 | Jun 30, 2026 |
| May 27, 2026 | $0.1075 | May 29, 2026 |
Performance
HIPS had a total return of 0.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.45%.
News
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.