GraniteShares HIPS US High Income ETF (HIPS) Alternatives
GraniteShares HIPS US High Income ETF (HIPS) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HIPS. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to HIPS
HIPS charges 3.19% annually. Among ETFs in the Diversified Portfolio category, these options have the lowest expense ratios among HIPS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Simplify US Equity PLUS Managed Futures Strategy E... | 0.10% | Dec 8, 2025 | HIPS vs CTAP | |
| iShares ESG Aware Aggressive Allocation ETF | 0.18% | Jun 12, 2020 | HIPS vs EAOA | |
| iShares ESG Aware Moderate Allocation ETF | 0.18% | Jun 12, 2020 | HIPS vs EAOM | |
| iShares ESG Aware Growth Allocation ETF | 0.18% | Jun 12, 2020 | HIPS vs EAOR | |
| iShares ESG Aware Conservative Allocation ETF | 0.18% | Jun 12, 2020 | HIPS vs EAOK |
Best Risk-Adjusted Alternatives to HIPS
Among ETFs in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| VanEck Inflation Allocation ETF | 94 | Apr 9, 2018 | HIPS vs RAAX | |
| Brookstone Yield ETF | 91 | Sep 27, 2023 | HIPS vs BAMY | |
| iShares Morningstar Multi-Asset Income ETF | 91 | Apr 5, 2012 | HIPS vs IYLD | |
| Cambria Global Asset Allocation ETF | 90 | Dec 9, 2014 | HIPS vs GAA | |
| WisdomTree Emerging Markets Efficient Core Fund | 88 | May 20, 2021 | HIPS vs NTSE |
Top Performing HIPS Alternatives (YTD)
HIPS alternatives from the Diversified Portfolio category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| VanEck Inflation Allocation ETF | 16.55% | Apr 9, 2018 | HIPS vs RAAX | |
| Alpha Architect High Inflation And Deflation ETF | 5.63% | Nov 16, 2022 | HIPS vs HIDE | |
| WisdomTree Emerging Markets Efficient Core Fund | 5.59% | May 20, 2021 | HIPS vs NTSE | |
| Simplify US Equity PLUS Managed Futures Strategy E... | 5.36% | Dec 8, 2025 | HIPS vs CTAP | |
| UPAR Ultra Risk Parity ETF | 5.18% | Jan 3, 2022 | HIPS vs UPAR |
Lowest Volatility Alternatives to HIPS
HIPS alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| FlexShares Real Assets Allocation Index Fund | 0.00% | Nov 23, 2015 | HIPS vs ASET | |
| Arrow DWA Tactical ETF | 0.00% | Oct 1, 2014 | HIPS vs DWAT | |
| First Trust High Income Strategic Focus ETF | 3.67% | Aug 13, 2014 | HIPS vs HISF | |
| Mindful Conservative ETF | 4.75% | Nov 2, 2021 | HIPS vs MFUL | |
| Alpha Architect High Inflation And Deflation ETF | 5.29% | Nov 16, 2022 | HIPS vs HIDE |
Lowest Drawdown Alternatives to HIPS
HIPS alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| First Trust High Income Strategic Focus ETF | -2.90% | Aug 13, 2014 | HIPS vs HISF | |
| MKAM ETF | -3.72% | Apr 11, 2023 | HIPS vs MKAM | |
| Mindful Conservative ETF | -3.77% | Nov 2, 2021 | HIPS vs MFUL | |
| Alpha Architect High Inflation And Deflation ETF | -3.94% | Nov 16, 2022 | HIPS vs HIDE | |
| Defined Duration 10 ETF | -4.41% | Sep 21, 2021 | HIPS vs DDX |
Other ETFs from GraniteShares
Most popular GraniteShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities | 71 | -17.54% | Dec 13, 2022 | HIPS vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income | 12 | -14.82% | Dec 17, 2024 | HIPS vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 87 | 8.57% | Aug 31, 2017 | HIPS vs BAR | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 54 | -38.76% | Sep 3, 2024 | HIPS vs PTIR | |
| GraniteShares Platinum Trust | Precious Metals | 86 | -4.16% | Jan 22, 2018 | HIPS vs PLTM | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities, Leveraged | 2 | 35.06% | Aug 21, 2023 | HIPS vs TSDD | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities, Leveraged | 8 | -29.38% | Dec 12, 2022 | HIPS vs FBL | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities, Leveraged | 72 | -21.48% | Mar 15, 2024 | HIPS vs AMDL | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities, Leveraged | 1 | 5.59% | Aug 21, 2023 | HIPS vs NVD | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities, Leveraged | 33 | -35.45% | Aug 21, 2023 | HIPS vs TSLR |
Often Compared With HIPS
What investors most often compare with HIPS, based on PortfoliosLab usage data.
Compare HIPS with Any Fund or Stock
Compare HIPS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.