GraniteShares HIPS US High Income ETF (HIPS)

14.31
Delayed Data
As of 2:08pm ET
 +0.04 / +0.28%
Today’s Change
7.68
Today|||52-Week Range
16.01
+5.38%
Year-to-Date

Investment Objective

The investment seeks to track the performance, before fees and expenses, of the TFMS HIPS Index. The fund employs a "passive management"-or indexing-investment approach designed to track the performance of the index. The rules-based index measures the performance of up to 60 high income U.S.-listed securities that typically have "pass-through" structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This "high income, pass-through" strategy is known as HIPS.

No recent news for GraniteShares HIPS US High Income ETF.

Performance

1 month+2.55% 3 years+2.74%
3 months+7.35% 5 years+7.96%
1 year-3.32% Since inception+2.12%
Data through 02/27/2021

Quote Details

Previous close$14.27
Open day’s range14.27 – 14.32
Net asset value (NAV)14.02 (02/26/2021)
Daily volume39,285
Average volume (3 months)39,844
Data as of 2:08pm ET, 03/02/2021

Peer Comparisonvs. Allocation--85%+ equity ETFs

 HIPSCategory
Performance 5-yr return+7.96%+11.03%
Expense Gross exp ratio1.27%1.24%
Risk 5 year sharpe ratio0.370.77
Net assets$27.7M$1.1B
Average market cap$7.2B$55.9B
Average P/E16.225.1
Dividend / Share--0.17%

Competitors

FFSG FormulaFolios Smart Growth ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
VTA Invesco Dynamic Credit Opportunities Fund3.79%
BGB Blackstone Strategic Credit Fund3.76%
DSU BlackRock Debt Strategies Fund Inc3.73%
BOE BlackRock Enhanced Global Dividend Trust3.69%
BIT BlackRock Multi-Sector Income Trust3.67%
EVV Eaton Vance Limited Duration Income Fund3.66%
AOD Aberdeen Total Dynamic Dividend Fund3.65%
FAX Aberdeen Asia-Pacific Income Fund Inc3.64%
HQH Tekla Healthcare Investors3.62%
ISD PGIM High Yield Bond Fund, Inc.3.60%