HIPSGraniteShares HIPS US High Income ETF

Grow my money Get income11y track recordRanked #1,069 of 1,622 in this goal

Seeks to track the performance of the EQM High Income Pass-Through Securities Index.

By Graniteshares · Launched 2015

Annual Cost

1.17%

#5,221 of 5,562 · expensive

Fund Size

$103M

#2,916 of 5,562 · mid-size

Return (1Y)Goal

+4.9%

Track Record

11 years

#1,264 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,320+3.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Dividend

Index tracked

EQM High Income Pass-Through Securities Index

What it actually holds

By weight

Concentration

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

75.9%

Bonds

26.3%

Other

2.3%

Preferred

0.4%

Convertible

0.1%

By sector

Energy

33.1%

Financial Services

31.5%

Real Estate

31.4%

Basic Materials

3.9%

Communication

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

9.7%Low

Year-on-year price swings

Max drawdown

-53.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.52Decent risk-adjusted returns

Sortino (3Y)

0.71Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the performance of the EQM High Income Pass-Through Securities Index.
Strategy: Employs a passive management approach to track the Index, which measures up to 40 high income U.S.-listed securities with pass-through structures. Invests primarily in component securities of the Index.
Inception date: January 7, 2015
Fund family: Graniteshares