HIPS ETF — GraniteShares HIPS US High Income ETF

GraniteShares HIPS US High Income ETF (HIPS)

Updated November 12, 2026.

HIPS is an ETF linked to High Income Securities. Its distribution rate is 12.59%, its trailing-12-month yield is 12.59%, its expense ratio is 1.09%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Total return is 47.2% over the past 11.8 years, 307.0 points behind SPY at 354.2%.

At the current 12.59% distribution rate, a $10,000 investment would generate approximately $1,259 per year, or $104.92 per month.

HIPS performance versus SPY

As of Nov 12, 2026

Total return is 47.2% over the past 11.8 years, 307.0 points behind SPY at 354.2%. Over the past year its total return — price change plus distributions reinvested — is -2.7%. Its deepest 1-year drawdown was 11.2%.

HIPS key facts

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

9.19%

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

01/06/2015

Expense ratio

1.09%

Distribution rate

12.59%

Distribution frequency

Monthly

Trailing yield

12.59%

Last close

$10.25 (as of 2026-11-12)

AUM

$91,195,480

Average volume

18,170

Dividend

$0.1075

Ex-dividend date

10/28/2026

Payment date

10/30/2026

Beta

0.69

How Dividend Vision calculates yield and returns

Distribution rate (12.59%) uses latest regular dividend ($0.1075) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (12.59%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · 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 11.2%.

Who may consider HIPS — and who may not

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.

More on HIPS

• ETFs going ex-dividend this week
• GraniteShares upcoming distributions
• All tickers starting with H

Tagged: Basket.

Frequently asked questions

More securities from GraniteShares.