HIPSGraniteShares HIPS US High Income ETF
Tracks the performance of the EQM High Income Pass-Through Securities Index.
By Graniteshares · Launched 2015
Annual Cost
1.17%
#5,475 of 5,861 · expensive
Fund Size
$110M
#2,908 of 5,861 · mid-size
Return (1Y)Goal
+4.7%
Track Record
11 years
#1,244 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,050+0.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Index tracking
Factor
Dividend
Index tracked
EQM High Income Pass-Through Securities Index
What it actually holds
By weightConcentration
Top 10 holdings = 69.2% of fundconcentrated
Treasury Bill
46.2%
Cvr Partners Lp
2.7%
Neuberger High Yield Strategies Fund Inc
2.6%
Western Asset High Income Fund Ii Inc
2.6%
Prospect Capital Corp
2.5%
Barings Bdc Inc
2.5%
Pimco Income Strategy Fund
2.5%
Dorchester Minerals Lp
2.5%
Pimco High Income Fund
2.5%
Western Asset Global High Income Fund Inc
2.5%
Asset allocation
Stocks
52.8%
Cash
27.0%
Bonds
18.3%
Other
1.6%
Preferred
0.2%
Convertible
0.1%
By sector
Energy
33.3%
Real Estate
32.0%
Financial Services
31.0%
Basic Materials
3.7%
Communication
0.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
9.7%Low
Year-on-year price swings
Max drawdown
-52.7%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.47Below average
Sortino (3Y)
0.63Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Tracks the performance of the EQM High Income Pass-Through Securities Index.
- Strategy
- Employs a passive management approach to track the EQM High Income Pass-Through Securities Index, investing primarily in high income U.S.-listed securities with pass-through structures. Utilizes a replication strategy, investing in all component securities, or a representative sampling strategy when beneficial, focusing on small, mid-, and large-cap companies.
- Inception date
- January 7, 2015
- Fund family
- Graniteshares
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Data updated on 2026-08-04