HIPS vs. THRV
HIPS (GraniteShares HIPS US High Income ETF) and THRV (Prospera Income ETF) are both Diversified Portfolio funds. HIPS is passively managed, while THRV is actively managed. Their 0.47 correlation means their historical movements had little consistent relationship. HIPS charges 3.19%/yr vs 1.80%/yr for THRV.
Performance
HIPS vs. THRV - Performance Comparison
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Returns By Period
In the year-to-date period, HIPS achieves a 5.17% return, which is significantly higher than THRV's 2.43% return.
HIPS
- 1D
- -0.73%
- 1M
- 1.11%
- 6M
- 1.97%
- YTD
- 5.17%
- 1Y
- 5.57%
- 3Y*
- 9.09%
- 5Y*
- 4.36%
- 10Y*
- 4.88%
- ALL TIME*
- 4.18%
THRV
- 1D
- 0.00%
- 1M
- 0.31%
- 6M
- 1.59%
- YTD
- 2.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $972.31K | $741.20K | $722.64K | |
| $173.58K | $102.00K | $97.25K |
HIPS vs. THRV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HIPS GraniteShares HIPS US High Income ETF | 5.17% | 1.40% |
THRV Prospera Income ETF | 2.43% | 0.15% |
Correlation
The correlation between HIPS and THRV is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.47 |
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Return for Risk
HIPS vs. THRV — Risk / Return Rank
HIPS
THRV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HIPS vs. THRV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares HIPS US High Income ETF (HIPS) and Prospera Income ETF (THRV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HIPS | THRV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.10 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | — | — |
| Martin ratioReturn relative to average drawdown | 2.05 | — | — |
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Drawdowns
HIPS vs. THRV - Drawdown Comparison
The maximum HIPS drawdown since its inception was -53.14%, which is greater than THRV's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for HIPS and THRV.
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Drawdown Indicators
| HIPS | THRV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.14% | -1.50% | -51.64% |
Max Drawdown (1Y)Largest decline over 1 year | -6.15% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.28% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.14% | — | — |
Current DrawdownCurrent decline from peak | -2.48% | 0.00% | -2.48% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -0.42% | -6.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | — | — |
Volatility
HIPS vs. THRV - Volatility Comparison
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Volatility by Period
| HIPS | THRV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.27% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 6.97% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.74% | 2.88% | +6.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.20% | 2.88% | +10.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.95% | 2.88% | +15.07% |
HIPS vs. THRV - Expense Ratio Comparison
HIPS has a 3.19% expense ratio, which is higher than THRV's 1.80% expense ratio.
Dividends
HIPS vs. THRV - Dividend Comparison
HIPS's dividend yield for the trailing twelve months is around 11.20%, more than THRV's 6.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIPS GraniteShares HIPS US High Income ETF | 11.20% | 11.04% | 10.04% | 10.32% | 10.76% | 8.43% | 9.50% | 6.93% | 8.66% | 7.28% | 7.20% | 8.17% |
THRV Prospera Income ETF | 6.07% | 1.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HIPS and THRV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, THRV is cheaper at 1.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.
THRV is cheaper with a 1.80% expense ratio, compared with 3.19% for HIPS.
HIPS has the higher dividend yield at 11.20%, compared with 6.07% for THRV.
They also come from different issuers: GraniteShares and Prospera. Their fees differ too: 3.19% for HIPS and 1.80% for THRV.
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