GraniteShares HIPS US High Income ETF (HIPS)
ARCA ARCA Primary Summary
HIPS Chart
HIPS: Unique But Unattractive Pass-Through Income ETF (Sell Rating)
GraniteShares HIPS US High Income ETF continues to underperform a simple equal-weight blend of four ETFs targeting the same "pass through" asset categories. Long-term asset erosion and high return of capital raise distribution sustainability concerns, despite a stable monthly payout and recent sideways price action. Low AUM, weak liquidity, and ongoing underperformance make HIPS less attractive than constructing a custom blend of pass through category ETFs or considering active bond alternatives.
How HIPS Generates Monthly Income
In today's market, income investors remain firmly focused on one objective: yield. With traditional sources of income still under pressure, demand for high-income ETFs continues to grow — especially those capable of delivering consistent monthly payouts.
How Income Investors Could Capitalize on a Rate Pause
Income-focused investors have had plenty of factors to keep in consideration as of late. The latest CPI report showed that consumer prices rose at an annual rate of 2.6% in December, which was actually 0.1% lower than expectations.
GraniteShares HIPS US High Income ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Daniel Guy Ethos Financial Group LLC | 245,338 | $3.07M | $2.87M | -$195,721.08 | -6.38% |
 Jill Batley Gateway Wealth Partners LLC | 10,936 | $126,352 | $128,224.6 | $1,872.6 | 1.48% |
 Hamilton Capital Partners LLC Hamilton Capital Partners LLC | 868,768 | $10.03M | $10.18M | $152,468.96 | 1.52% |
 Highline Wealth Partners LLC Highline Wealth Partners LLC | 250 | $2,948 | $2,865 | -$83 | -2.82% |
 Legacy Wealth Managment LLC/ID Legacy Wealth Managment LLC/ID | 24,279 | $280,287 | $284,549.88 | $4,262.88 | 1.52% |
GraniteShares HIPS US High Income ETF (HIPS) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has GraniteShares HIPS US High Income ETF ever had a stock split?
GraniteShares HIPS US High Income ETF Profile
| ARCA Exchange | US Country |
Overview
The fund operates on a passive management or indexing investment approach with the primary goal to mimic the performance of the HIPS index. This strategy focuses on high income U.S.-listed securities, which are distinctive due to their "pass-through" structures. These structures mandate these entities to distribute almost all their earnings back to the shareholders in the form of cash distributions. This investment approach is carefully crafted to cater to investors looking for steady income streams through dividends, emphasizing high-income, pass-through securities.
Products and Services
The fund's offerings revolve around its core strategy of high income, pass-through (HIPS) investment, detailed as follows:
- HIPS Index Tracking - A specialized investment product designed to replicate the performance of the HIPS index, focusing on high-income, pass-through securities. This product targets investors aiming for income through dividends, leveraging a portfolio of up to 40 U.S.-listed securities that distribute the majority of their earnings.
- Passive Management Investment - The fund employs a passive management or "indexing" strategy, effectively reducing management fees and operational costs. This service is ideal for investors seeking long-term, cost-efficient exposure to the high yield space without the active management price tag.
