HIPS ETF — GraniteShares HIPS US High Income ETF

GraniteShares HIPS US High Income ETF (HIPS)

HIPS is an ETF linked to High Income Securities. its distribution rate is 11.37%, its trailing-12-month yield is 11.37%, its expense ratio is 1.17%. Dividend Vision Distribution Safety Score™ is 82/100 (Safe). Total return is 59.8% over the past 11.7 years, 297.1 points behind SPY at 356.9%.

At the current 11.37% distribution rate, a $10,000 investment would generate approximately $1,137 per year, or $94.75 per month.

HIPS performance versus SPY

Price and return data through 2026-09-18.

Total return is 59.8% over the past 11.7 years, 297.1 points behind SPY at 356.9%. Over the past year its total return — price change plus distributions reinvested — is 3.7%. Its deepest 1-year drawdown was 5.6%.

HIPS key facts

Distribution Safety Score™

82 · Safe

Safety-Adjusted Yield

9.32%

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

01/06/2015

Expense ratio

1.17%

Distribution rate

11.37%

Distribution frequency

Monthly

Trailing yield

11.37%

Last close

$11.35 (as of 2026-09-18)

NAV

$11.35

Premium / discount

0.00%

AUM

$122,822,766

Average volume

27200.0

Last dividend

$0.1075

Last ex-dividend date

08/27/2026

Last payment date

08/31/2026

Beta

0.58

P/E ratio

10.0742

How Dividend Vision calculates yield and returns

Distribution rate (11.37%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (11.37%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: GraniteShares or company page; Index: High Income Securities; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

HIPS risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.6%.

Who may consider HIPS — and who may not

HIPS may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from GraniteShares.