GraniteShares HIPS US High Income ETF (HIPS)
HIPS is a passive ETF by GraniteShares tracking the investment results of the TFMS HIPS Index. HIPS launched on Jan 6, 2015 and has a 3.19% expense ratio.
ETF Info
| ISIN | US38747R3066 |
|---|---|
| CUSIP | 38747R306 |
| Issuer | GraniteShares |
| Inception Date | Jan 6, 2015 |
| Region | North America (U.S.) |
| Category | Diversified Portfolio |
| Leveraged | 1x |
| Index Tracked | TFMS HIPS Index |
| Asset Class | Multi-Asset |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
HIPS has a high expense ratio of 3.19%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HIPS vs. AMLP, HIPS vs. COWZ, HIPS vs. JNK, HIPS vs. EPI, HIPS vs. SCHD, HIPS vs. JEPI, HIPS vs. YYY, HIPS vs. HNDL, HIPS vs. SPHY, HIPS vs. QYLD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GraniteShares HIPS US High Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
GraniteShares HIPS US High Income ETF had a return of 13.69% year-to-date (YTD) and 20.50% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.69% | 25.48% |
| 1 month | 2.10% | 2.14% |
| 6 months | 6.37% | 12.76% |
| 1 year | 20.50% | 33.14% |
| 5 years (annualized) | 5.18% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of HIPS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.53% | 0.71% | 4.25% | -1.36% | 2.41% | 1.17% | 2.72% | 0.33% | 0.83% | -1.37% | 13.69% | ||
| 2023 | 9.33% | -2.25% | -5.54% | -0.08% | -1.95% | 4.89% | 5.32% | -0.37% | 0.25% | -3.13% | 4.80% | 4.85% | 16.15% |
| 2022 | -2.19% | -1.88% | 0.49% | -3.42% | -0.94% | -8.19% | 8.36% | -0.49% | -11.38% | 6.52% | 6.17% | -5.42% | -13.43% |
| 2021 | 0.78% | 4.26% | 4.26% | 4.48% | 3.25% | 2.44% | -1.03% | 1.29% | -0.78% | 3.14% | -4.46% | 3.44% | 22.70% |
| 2020 | -0.31% | -9.55% | -35.97% | 13.38% | 8.68% | 2.27% | 2.28% | 3.66% | -2.94% | -2.87% | 17.88% | 3.00% | -11.70% |
| 2019 | 12.47% | 1.33% | 2.15% | 0.97% | -4.37% | 4.92% | 0.81% | -3.08% | 3.24% | 0.58% | 0.01% | 3.39% | 23.75% |
| 2018 | -0.08% | -6.09% | -1.20% | 3.09% | 4.42% | 0.86% | 4.48% | 1.58% | -1.37% | -5.54% | -0.05% | -8.81% | -9.27% |
| 2017 | 2.76% | 3.03% | -0.37% | 1.10% | -2.94% | 2.05% | 0.59% | -2.32% | 1.54% | -0.97% | -0.73% | 2.64% | 6.33% |
| 2016 | -8.51% | 1.44% | 9.12% | 6.37% | -0.19% | 2.79% | 5.67% | 1.71% | 0.10% | -4.58% | 4.02% | 3.43% | 22.07% |
| 2015 | 2.04% | -0.31% | -0.74% | 0.58% | -0.96% | -5.47% | -0.02% | -5.85% | -5.92% | 8.86% | -6.38% | -2.84% | -16.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HIPS is 73, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GraniteShares HIPS US High Income ETF (HIPS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
GraniteShares HIPS US High Income ETF provided a 9.92% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.03 |
Dividend yield | 9.92% | 10.37% | 10.81% | 8.47% | 9.54% | 7.59% | 8.70% | 7.31% | 7.24% | 6.51% |
Monthly Dividends
The table displays the monthly dividend distributions for GraniteShares HIPS US High Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.00 | $1.08 | |
| 2023 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2022 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2021 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2020 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2019 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2018 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2017 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2016 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2015 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.06 | $0.06 | $0.06 | $0.11 | $1.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the GraniteShares HIPS US High Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GraniteShares HIPS US High Income ETF was 53.14%, occurring on Mar 23, 2020. Recovery took 283 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.14% | Feb 21, 2020 | 22 | Mar 23, 2020 | 283 | May 6, 2021 | 305 |
| -33.16% | Feb 6, 2015 | 229 | Feb 11, 2016 | 185 | Jan 4, 2017 | 414 |
| -21.25% | Nov 17, 2021 | 229 | Oct 14, 2022 | 340 | Feb 23, 2024 | 569 |
| -18.7% | Aug 27, 2018 | 78 | Dec 24, 2018 | 70 | Apr 15, 2019 | 148 |
| -11.11% | Jan 25, 2018 | 40 | Mar 23, 2018 | 60 | Jul 6, 2018 | 100 |
Volatility
Volatility Chart
The current GraniteShares HIPS US High Income ETF volatility is 2.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.