GraniteShares HIPS US High Income ETF (HIPS)
12.61
-0.08
(-0.61%)
USD |
NYSEARCA |
Apr 26, 16:00
12.61
0.00 (0.00%)
After-Hours: 16:15
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.99% | 0.30% | 72.13M | 20842.97 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 10.23% | 108.0% | 9.309M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to track the performance, before fees and expenses, of the EQM High Income Pass-Through Securities Index. The fund employs a "passive management"-or indexing-investment approach designed to track the performance of the index. The rules-based index measures the performance of up to 40 high income U.S.-listed securities that typically have "pass-through" structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This "high income, pass-through" strategy is known as HIPS. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Aggressive Allocation |
| Category Index | Morningstar Agg Tgt Risk TR USD |
| Global Category Name | Aggressive Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Graniteshares |
| Prospectus Benchmark Index | |
| EQM High Income Pass-Through Sec TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Benoit Autier | 6.29 yrs |
| Jeff Klearman | 6.29 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to track the performance, before fees and expenses, of the EQM High Income Pass-Through Securities Index. The fund employs a "passive management"-or indexing-investment approach designed to track the performance of the index. The rules-based index measures the performance of up to 40 high income U.S.-listed securities that typically have "pass-through" structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This "high income, pass-through" strategy is known as HIPS. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Aggressive Allocation |
| Category Index | Morningstar Agg Tgt Risk TR USD |
| Global Category Name | Aggressive Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Graniteshares |
| Prospectus Benchmark Index | |
| EQM High Income Pass-Through Sec TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Benoit Autier | 6.29 yrs |
| Jeff Klearman | 6.29 yrs |