Summary
GraniteShares HIPS US High Income ETF is an ETF - a fund traded on an exchange like a stock - run by GraniteShares. Positions inside: 41. The ten largest make up 29% of the fund.
- Yearly costs
- 1.17%
- Fund size
- $94.5M
- Positions
- 41
- Dividend yield
- 12.38%
- Running since
- 2015
What speaks for it
- It has been running since 2015.
What to watch
- 100% of the fund is in one country (United States).
- Costs of 1.17% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 36% from its high.
- A small fund with $94.5M under management; small funds get closed more often.
- It trades little: only about $769.1K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -7.6%
- 3 months
- -9.8%
- This year
- -11%
- 1 year
- -11%
- 3 years
- -11%
- 5 years
- -34%
- 10 years
- -40%
- Avg. market cap
- $9.15B
- P/E
- 9.6x
- Forward P/E
- 8.7x
- P/S
- 1.7x
- P/B
- 0.8x
- P/FCF
- 4.5x
- EV/EBITDA
- 8.8x
- Dividend yield
- 13.72%
- ROIC
- 13.2%
- ROE
- 15.2%
- Gross margin
- 56.4%
- Operating margin
- 45.3%
- Net margin
- 22.2%
- Payout ratio
- 132.2%
- Net debt/EBITDA
- 8.1x
- Beta
- 0.65
Weighted average of the 27 largest companies, which make up 67% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 DMDorchester Minerals DMLP 3.2%
- 2 UACVR Partners UAN 3.0%
- 3 BSBlack Stone Minerals, L.P. BSM 3.0%
- 4 ARAlliance Resource Partners, L.P. ARLP 3.0%
- 5 CSCapital Southwest Corporation CSWC 2.9%
- 6 MPMPLX LP MPLX 2.9%
- 7 EPEnterprise Products Partners L.P. EPD 2.8%
- 8 CIBlackRock Enhanced Capital and Income Fund, Inc. CII 2.8%
- 9 KRKimbell Royalty Partners KRP 2.8%
- 10 FSFS KKR Capital Corp. FSK 2.7%
Positions in the fund: 41. The ten largest make up 29% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Financials 34%
- Energy 32%
- Real estate 30%
- Basic materials 3.7%
- Communication services 0.02%
- Other 0.01%
By country
- United States 100%
By company size
- Large cap 19%
- Mid cap 24%
- Small cap 57%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 67% of the fund.
Largest sector: Financials (34%). Largest country: United States (100%). Largest size group: Small cap (57%).
What does it cost me?
Expensive- A year from $10,000
- $117
- Over 20 years
- $5,327
From every $10,000 invested the fund takes $117 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,327.
How has it done?
Losing value- A year on average, 10 years
- -4.9%
- Deepest drop
- -36%
- Yearly volatility
- 10%
Average yearly decline over the last ten years: 4.9%. Deepest drop in these years: 36% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 12.38%
- Payments a year
- 12
- Last payment
- $0.11
Over the last 12 months it paid $1.29 per share, which is 12.38% of today's price. The last payment was $0.11 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $769.1K
- Shares a day
- 74K
On an average day about $769.1K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 9.6
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 85%
- Fairly valued 4.5%
- Overvalued 10%
On average the companies inside trade for 9.6 times their yearly profit. By Fair Price, 85% of the rated weight comes out as undervalued.
Counted from its largest companies (27), which make up 67% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
KB KBWD Invesco KBW High Dividend Yield Financial ETF | United States | 5.39% | $345.6M | -24% | Pays out | 20% |