GranitesharesAggressive AllocationHIPS · NYSE Arca

GraniteShares HIPS US High Income ETF (HIPS)

Compare Aggressive Allocation ETFs Compare with others

Price: $11.58; —11 Sept 2026
Assets: $122.8M; Total net assets
Expense ratio: 1.17%; Category 1.14%
Yield: 10.98%; Trailing distributions

1Y return: 5.8%-6.7%; Category 12.5%
3Y CAGR: 9.6%-2.5%; Category 12.1%
5Y CAGR: 4.7%-2.3%; Category 6.9%

Loading NAV history…

GraniteShares HIPS US High Income ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.8%	+3.0%	+5.7%	+6.7%	+5.8%	+9.6%	+4.7%	+5.1%	+4.2%
Aggressive Allocation average	-0.4%	2.8%	10.5%	11.6%	12.5%	12.1%	6.9%	6.2%	8.8%
Difference	-0.4%	+0.2%	-4.8%	-4.9%	-6.7%	-2.5%	-2.3%	-1.1%	-4.7%

Holdings

The 10 largest positions make up 30.0% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
PAA	Plains All American Pipeline LP	3.33%
DMLP	Dorchester Minerals LP	3.26%
UAN	CVR Partners LP	3.06%
DKL	Delek Logistics Partners LP	3.05%
WES	Western Midstream Partners LP	3.02%
KRP	Kimbell Royalty Partners LP	2.94%
CSWC	Capital Southwest Corp	2.88%
FSK	FS KKR Capital Corp	2.88%
ARLP	Alliance Resource Partners LP	2.83%
EPD	Enterprise Products Partners LP	2.80%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 10.3
P/B: 1.1
P/S: 2.7
P/CF: 7.3

Sector allocation

Share of the equity the fund holds.

Energy35.1%
Financial services33.7%
Real estate27.2%
Materials4.0%
Communication services0.0%
Technology0.0%

Asset mix

Stocks76.3%
Bonds26.7%
Other2.3%
Preferred shares0.3%
Convertibles0.1%

Credit quality

Share of the bonds by rating.

US government4.0%
AAA1.2%
AA12.3%
A1.4%
BBB8.4%
BB24.6%
B35.0%
Below B12.0%
Other5.1%

ETF details

Issuer: Graniteshares
Category: Asset Allocation · Aggressive Allocation
Ticker: HIPS
Exchange: NYSE Arca
Inception: 7 Jan 2015 (11.7 years)
Structure: Exchange Traded Fund
Expense ratio: 1.17% (category 1.14%)
Holdings turnover: 65% (category 65%)
Distribution yield: 10.98%
Beta, 3 years: 0.58
Total net assets: $122.8M
Average duration: 7.13 years
Average maturity: 9.71 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other aggressive allocation ETFs

Other ETFs in the Aggressive Allocation category.

Compare Aggressive Allocation ETFs