
HIPS offers a twist on the popular multi-asset income space: a focus on pass-through securities (those that pass on most of their income to their owners). The owners pay taxes on that income, while the entities themselves dont, thereby eliminating the double taxation associated with stock dividends. The portfolio allocates equally to four alternative income segments: closed-end funds (CEFs), business development companies (BDCs), real estate investment trusts (REITs), and energy master limited partnerships (MLPs). The top 10 securities with the highest dividend yield and lowest volatility in…
Is HIPS's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

GraniteShares HIPS US High Income ETF continues to underperform a simple equal-weight blend of four ETFs targeting the same "pass through" asset categories. Long-term asset erosion and high return of capital raise distribution sustainability concerns, despite a stable monthly payout and recent sideways price action. Low AUM, weak liquidity, and ongoing underperformance make HIPS less attractive than constructing a custom blend of pass through category ETFs or considering active bond alternatives.

The closed-end fund landscape may be seeing a big change as regulations may be shifting at the SEC, per recent announcements.

In a recent educational webcast, Rewriting the Income Playbook Kirsten Chang, senior industry analyst at VettaFi, joined GraniteShares founder and CEO Will Rhind and product specialist Matt Lamb to explore how autocallable ETFs are reshaping the income investing landscape. Key Takeaways Core fixed income is failing to meet client retirement needs.

In today's market, income investors remain firmly focused on one objective: yield. With traditional sources of income still under pressure, demand for high-income ETFs continues to grow — especially those capable of delivering consistent monthly payouts.

Income-focused investors have had plenty of factors to keep in consideration as of late. The latest CPI report showed that consumer prices rose at an annual rate of 2.6% in December, which was actually 0.1% lower than expectations.