# GraniteShares HIPS US High Income ETF (HIPS) — Overview

HIPS · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/hips

## Price

Last close $10.59 on Oct 15, 2026. 52-week range $10.50 – $12.27.

## Fund profile

HIPS tracks an equal-weighted index of US-listed assets that produce high income and pass through that income without being taxed at the constituent level. The portfolio includes REITs, MLPs, BDCs, and closed-end funds.

| Metric | Value |
| --- | --- |
| Issuer | GraniteShares Advisors LLC |
| Industry | — |
| Inception | Jan 6, 2015 |
| Assets under management | $93.8M |
| Expense ratio | 1.17% |
| Net asset value | $10.63 (as of Oct 15, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is GraniteShares HIPS US High Income ETF (HIPS)?

HIPS tracks an equal-weighted index of US-listed assets that produce high income and pass through that income without being taxed at the constituent level. The portfolio includes REITs, MLPs, BDCs, and closed-end funds.

### What is HIPS's expense ratio?

GraniteShares HIPS US High Income ETF charges an annual expense ratio of 1.17%. The fund is issued by GraniteShares Advisors LLC.

### How large is HIPS?

GraniteShares HIPS US High Income ETF manages $93.8M in assets and has traded since Jan 6, 2015.

### How do I buy shares of GraniteShares HIPS US High Income ETF (HIPS)?

HIPS trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).