GraniteShares HIPS US High Income ETF (HIPS)
| Assets | $110.49M |
| Expense Ratio | 1.17% |
| PE Ratio | n/a |
| Shares Out | 9.50M |
| Dividend (ttm) | $1.29 |
| Dividend Yield | 11.22% |
| Ex-Dividend Date | May 27, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 39,534 |
| Open | 11.69 |
| Previous Close | 11.67 |
| Day's Range | 11.50 - 11.69 |
| 52-Week Low | 11.39 |
| 52-Week High | 12.46 |
| Beta | 0.63 |
| 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
29.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Dorchester Minerals, L.P. | DMLP | 3.24% |
| Kimbell Royalty Partners, LP | KRP | 3.06% |
| Plains All American Pipeline, L.P. | PAA | 3.04% |
| CVR Partners, LP | UAN | 3.01% |
| Two Harbors Investment Corp. | TWO | 2.97% |
| Delek Logistics Partners, LP | DKL | 2.87% |
| Western Midstream Partners, LP | WES | 2.82% |
| Enterprise Products Partners L.P. | EPD | 2.80% |
| BlackRock Enhanced Large Cap Core Fund, Inc. | CII | 2.77% |
| Alliance Resource Partners, L.P. | ARLP | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 27, 2026 | $0.1075 | May 29, 2026 |
| 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 |
Performance
HIPS had a total return of 6.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.99%.
News
SEC's Proposed Closed-End Fund Changes: What to Know
Closed-end funds offer some powerful strategies within their specific, tight rules. By limiting when investors can interact with them, said funds can take deep, long-term investment strategies and lea...
How Autocallable ETFs Unlock New Yield Dimensions
In a recent educational webcast, Rewriting the Income Playbook Kirsten Chang, senior industry analyst at VettaFi, joined GraniteShares founder and CEO Will Rhind and product specialist Matt Lamb to ex...
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.