GraniteShares HIPS US High Income ETF (HIPS)

14.31
Delayed Data
As of Mar 05
 +0.10 / +0.70%
Today’s Change
7.68
Today|||52-Week Range
15.44
+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+2.72% 3 years+4.07%
3 months+6.02% 5 years+6.81%
1 year-0.94% Since inception+2.31%
Data through 03/05/2021

Quote Details

Previous close$14.21
Open day’s range14.14 – 14.31
Net asset value (NAV)14.20 (03/04/2021)
Daily volume42,142
Average volume (3 months)40,557
Data as of 3:59pm ET, 03/05/2021

Peer Comparisonvs. Allocation--85%+ equity ETFs

 HIPSCategory
Performance 5-yr return+6.81%+11.03%
Expense Gross exp ratio1.27%1.24%
Risk 5 year sharpe ratio0.410.82
Net assets$33.7M$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%