Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
GraniteShares HIPS US High Income ETF (HIPS)
About this ETF
HIPS offers a twist on the popular multi-asset income space: a focus on pass-through securities (those that pass on most of their income to their owners). The owners pay taxes on that income, while the entities themselves dont, thereby eliminating the double taxation associated with stock dividends. The portfolio allocates equally to four alternative income segments: closed-end funds (CEFs), business development companies (BDCs), real estate investment trusts (REITs), and energy master limited partnerships (MLPs). The top 10 securities with the highest dividend yield and lowest volatility in each segment are selected and weighted equally. It should be noted that while income from REITs, MLPs and BDCs can be high, these are typically taxed at ordinary-income rates instead of the beneficial…
Price
Top 10 holdings
| Delek Logistics Partners LP DKL | 3.07% |
| Dorchester Minerals DMLP | 3.06% |
| Plains All American Pipeline LP PAA | 3.04% |
| KIMBELL ROYALTY PARTNERS LP KRP | 2.97% |
| Two Harbors Investment Corp. TWO | 2.91% |
| Western Midstream Partners LP WES | 2.88% |
| CVR Partners LP and CVR Nitrogen Finance Corporation UAN | 2.88% |
| BlackRock Enhanced Large Cap Core Fund Inc CII | 2.83% |
| Enterprise Products Partners L 0S23.L | 2.75% |
| Capital Southwest Corporation CSWC | 2.72% |
Sector mix
Price chart
Returns
| 1 month | +0.43% |
| 3 months | -0.60% |
| 6 months | -2.27% |
| Year to date | -0.68% |
| 1 year | -6.53% |
| 3 years (ann.) | -0.54% |
| 5 years (ann.) | -6.00% |
| 10 years (ann.) | -3.65% |
Risk profile
| Volatility (1y, ann.) | 10.21% |
| Sharpe (1y) | -0.61 |
| Sharpe (3y) | 0.02 |
| Sortino (1y) | -0.89 |
| Max drawdown (1y) | -8.76% |
| Max drawdown (5y) | -30.19% |
| Max drawdown (full) | -61.63% |
| Beta vs S&P 500 (1y) | 0.33 |
| Correlation vs S&P 500 (1y) | 0.40 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-26 | 2026-06-30 | USD 0.1075 |
| 2026-05-27 | 2026-05-29 | USD 0.1075 |
| 2026-04-28 | 2026-04-30 | USD 0.1075 |
| 2026-03-27 | 2026-03-31 | USD 0.1075 |
| 2026-02-25 | 2026-02-27 | USD 0.1075 |
| 2026-01-28 | 2026-01-30 | USD 0.1075 |
| 2025-12-29 | 2025-12-31 | USD 0.1075 |
| 2025-11-25 | 2025-11-28 | USD 0.1075 |
| 2025-10-29 | 2025-10-31 | USD 0.1075 |
| 2025-09-26 | 2025-09-30 | USD 0.1075 |
| 2025-08-27 | 2025-08-29 | USD 0.1075 |
| 2025-07-29 | 2025-07-31 | USD 0.1075 |
| 2025-06-26 | 2025-06-30 | USD 0.1075 |
| 2025-05-28 | 2025-05-30 | USD 0.1075 |
| 2025-04-28 | 2025-04-30 | USD 0.1075 |
| 2025-03-27 | 2025-03-31 | USD 0.1075 |
| 2025-02-26 | 2025-02-28 | USD 0.1075 |
| 2025-01-29 | 2025-01-31 | USD 0.1075 |
| 2024-12-27 | 2024-12-31 | USD 0.1075 |
| 2024-11-26 | 2024-11-29 | USD 0.1075 |
| 2024-10-29 | 2024-10-31 | USD 0.1075 |
| 2024-09-26 | 2024-09-30 | USD 0.1075 |
| 2024-08-28 | 2024-08-30 | USD 0.1075 |
| 2024-07-29 | 2024-07-31 | USD 0.1075 |
| 2024-06-26 | 2024-06-28 | USD 0.1075 |
| 2024-05-29 | 2024-05-31 | USD 0.1075 |
| 2024-04-26 | 2024-04-30 | USD 0.1075 |
| 2024-03-26 | 2024-03-28 | USD 0.1075 |
| 2024-02-27 | 2024-02-29 | USD 0.1075 |
| 2024-01-29 | 2024-01-31 | USD 0.1075 |
| 2023-12-27 | 2023-12-29 | USD 0.1075 |
| 2023-11-28 | 2023-11-30 | USD 0.1075 |
| 2023-10-27 | 2023-10-31 | USD 0.1075 |
| 2023-09-27 | 2023-09-29 | USD 0.1075 |
| 2023-08-29 | 2023-08-31 | USD 0.1075 |
| 2023-07-27 | 2023-07-31 | USD 0.1075 |
| 2023-06-28 | 2023-06-30 | USD 0.1075 |
| 2023-05-26 | 2023-05-31 | USD 0.1075 |
| 2023-04-26 | 2023-04-28 | USD 0.1075 |
| 2023-03-29 | 2023-03-31 | USD 0.1075 |
ESG profile
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Small-Cap ETF VB | 0.03% | 182.70B | 0.4% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core MSCI World UCITS ETF SWDA.MI | 0.20% | 143.20B | 0.0% |
| iShares Core MSCI World UCITS ETF IWDA.L | 0.20% | 143.34B | 0.0% |
| iShares Core MSCI World UCITS ETF SWDA.L | 0.20% | 143.31B | 0.0% |
