GraniteShares HIPS US High Income ETF (HIPS) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
GraniteShares HIPS US High Income ETF (HIPS) trades at $11.80. GraniteShares HIPS US High Income ETF (HIPS) aims to replicate the EQM High Income Pass-Through Securities Index's performance. Market cap: $113M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for HIPS: HIPS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HIPS against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on HIPS.
How is this calculated? →GraniteShares HIPS US High Income ETF (HIPS) Financial Services Profile
GraniteShares HIPS US High Income ETF (HIPS) is an income-focused fund tracking the EQM High Income Pass-Through Securities Index. With a beta of 0.69 and a market capitalization of $113M, HIPS offers exposure to high-yield securities without providing a dividend, distinguishing it from dividend-focused peers.
What Is the Investment Thesis for HIPS?
GraniteShares HIPS US High Income ETF (HIPS), with a market cap of $113M and a beta of 0.69, presents a focused investment in high-income pass-through securities. The primary value driver is its exposure to the EQM High Income Pass-Through Securities Index. A potential growth catalyst is increased investor demand for high-yield assets in a low-interest-rate environment, although this is not the current environment. However, the absence of a dividend yield could deter income-seeking investors. The fund's performance is closely tied to the performance of its underlying holdings, making it susceptible to market fluctuations and sector-specific risks within the pass-through securities market. Investors should carefully consider these factors when evaluating HIPS.
Based on FMP financials and quantitative analysis
HIPS Key Highlights
Market capitalization of $113M indicates a relatively small fund size.
- Beta of 0.69 suggests lower volatility compared to the broader market.
- Tracks the EQM High Income Pass-Through Securities Index, providing exposure to a specific segment of high-income securities.
- Absence of dividend yield may be a drawback for income-focused investors.
- Fund performance is directly linked to the performance of its underlying pass-through securities holdings.
Who Are HIPS's Competitors?
HIPS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| COPY Tweedy, Browne Insider + Value ETF | $15.77 | -0.69% | $141M | 47 |
| CVY Invesco Zacks Multi-Asset Income ETF | $30.25 | -0.29% | $121M | — |
| ECOW Pacer Emerging Markets Cash Cows 100 ETF | $27.50 | +1.30% | $156M | 50 |
| EMXF iShares ESG Advanced MSCI EM ETF | $56.22 | -0.32% | $163M | 47 |
| EWO iShares MSCI Austria ETF | $43.42 | -0.25% | $182M | 47 |
| NMT Nuveen Massachusetts Quality Municipal Income Fund | $12.47 | +0.00% | $116M | 52 |
| PGP PIMCO Global StocksPLUS & Income Fund | $8.74 | +0.81% | $101M | 62 |
| GCV The Gabelli Convertible and Income Securities Fund Inc. | $4.61 | -0.43% | $92.9M | 60 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HIPS's Key Strengths?
Exposure to high-income pass-through securities.
- Tracks a specific index, providing transparency.
- Relatively low beta compared to the broader market.
What Are HIPS's Weaknesses?
Absence of dividend yield may deter income-seeking investors.
- Small market capitalization may limit liquidity.
- Performance is highly dependent on the underlying pass-through securities market.
What Could Drive HIPS Stock Higher?
HIPS catalyst: Potential for increased investor demand for high-yield assets in a low-interest-rate environment (though rates are currently not low).
- Growth in the market for master limited partnerships (MLPs) and real estate investment trusts (REITs).
What Are the Key Risks for HIPS?
Rising interest rates could reduce the attractiveness of high-yield investments.
- Economic downturn could negatively impact the performance of pass-through securities.
- Regulatory changes could affect the tax treatment of pass-through securities.
- Fund performance is highly dependent on the performance of its underlying holdings.
What Are the Growth Opportunities for HIPS?
- Increased Demand for High-Yield Assets: As interest rates remain low, investors may seek higher-yielding investments, driving demand for ETFs like HIPS that focus on high-income securities. The market size for high-yield investments is substantial, with trillions of dollars allocated to fixed income and alternative income strategies. Timeline: Ongoing, contingent on interest rate environment.
- Expansion of Pass-Through Securities Market: Growth in the market for master limited partnerships (MLPs), real estate investment trusts (REITs), and other pass-through securities could create new investment opportunities for HIPS. The REIT market alone is worth over $1 trillion. Timeline: Ongoing, dependent on economic growth and real estate market conditions.
- Product Innovation and Diversification: GraniteShares could expand its product line to include ETFs that focus on specific segments of the pass-through securities market, such as energy MLPs or healthcare REITs. This could attract new investors and increase assets under management. Timeline: 1-3 years, dependent on market research and product development.
- Strategic Partnerships and Distribution Agreements: Collaborating with financial advisors and wealth management firms could expand the distribution reach of HIPS and increase its visibility among potential investors. Many financial advisors are actively seeking income solutions for their clients. Timeline: 6-12 months, dependent on negotiation and implementation.
- Educational Initiatives and Investor Awareness: Educating investors about the benefits and risks of investing in pass-through securities could increase demand for HIPS. This could involve publishing research reports, hosting webinars, and attending industry conferences. Timeline: Ongoing, long-term initiative.
What Are HIPS's Competitive Advantages?
- Index Tracking Expertise: GraniteShares has expertise in tracking the EQM High Income Pass-Through Securities Index.
- Established Relationships: Relationships with financial advisors and wealth management firms.
- Brand Recognition: Growing brand recognition in the ETF market.
What Does HIPS Do?
The GraniteShares HIPS US High Income ETF (HIPS) is designed to mirror the performance of the EQM High Income Pass-Through Securities Index, before accounting for fees and expenses. The fund provides investors with exposure to a diversified portfolio of high-income securities. Founded with the objective of delivering consistent income streams, HIPS focuses on pass-through securities, which include master limited partnerships (MLPs), real estate investment trusts (REITs), and other similar instruments. These securities are known for their potential to generate substantial income, making HIPS an option for investors seeking yield. The fund's investment strategy involves holding a basket of these income-generating assets, carefully selected to align with the composition of the underlying index. HIPS operates primarily in the United States, targeting US-based pass-through securities. While the fund aims to provide high income, it is important to note that it currently does not offer a dividend yield. The ETF is managed by GraniteShares, an asset management firm specializing in innovative ETF solutions. HIPS competes with other income-focused ETFs, differentiating itself through its specific focus on pass-through securities and its tracking of the EQM High Income Pass-Through Securities Index.
What Products and Services Does HIPS Offer?
- Tracks the performance of the EQM High Income Pass-Through Securities Index.
- Provides exposure to a diversified portfolio of high-income securities.
- Invests primarily in master limited partnerships (MLPs), real estate investment trusts (REITs), and other pass-through securities.
- Offers investors a way to access the high-yield potential of pass-through securities.
- Manages a portfolio of income-generating assets.
- Seeks to replicate the index's performance before fees and expenses.
How Does HIPS Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM growth is driven by investment performance and investor demand.
- Expenses include operational costs, marketing, and distribution fees.
What Industry Does HIPS Operate In?
GraniteShares HIPS US High Income ETF operates within the asset management industry, specifically targeting the income-focused ETF segment. The industry is characterized by a wide range of investment products designed to generate income for investors, including dividend-focused ETFs, bond ETFs, and alternative income strategies. The competitive landscape includes established players like COPY, CVY, ECOW, EMXF and EWO, as well as smaller niche providers. Market trends include increasing demand for passive investment strategies and growing interest in alternative income sources. HIPS differentiates itself by focusing on high-income pass-through securities, offering a specialized approach to income generation.
Who Are HIPS's Key Customers?
- Retail investors seeking income-generating investments.
- Financial advisors looking for income solutions for their clients.
- Institutional investors seeking exposure to high-yield assets.
HIPS Valuation & Market Position
With a $113M market cap, GraniteShares HIPS US High Income ETF sits in the micro-cap segment of the market.
Key Financial Metrics
Return on equity for GraniteShares HIPS US High Income ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. HIPS trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
HIPS Financials
Bull Case vs Bear Case
Bull Case
- Exposure to high-income pass-through securities.
- Tracks a specific index, providing transparency.
- Relatively low beta compared to the broader market.
- Ongoing: Potential for increased investor demand for high-yield assets in a low-interest-rate environment (though rates are currently not low).
Bear Case
- Absence of dividend yield may deter income-seeking investors.
- Small market capitalization may limit liquidity.
- Performance is highly dependent on the underlying pass-through securities market.
- Potential: Rising interest rates could reduce the attractiveness of high-yield investments.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
HIPS Latest News
No recent news available for HIPS.
HIPS Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HIPS.
Price Targets
Wall Street price target analysis for HIPS.
HIPS MoonshotScore
What does this score mean?
The MoonshotScore rates HIPS 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Common Questions About HIPS (Financial Services)
What does GraniteShares HIPS US High Income ETF do?
GraniteShares HIPS US High Income ETF (HIPS) is designed to track the performance of the EQM High Income Pass-Through Securities Index. It provides investors with exposure to a diversified portfolio of high-income securities, primarily master limited partnerships (MLPs), real estate investment trusts (REITs), and other similar pass-through entities.
What are the main risks for HIPS?
The primary risks associated with GraniteShares HIPS US High Income ETF (HIPS) include interest rate risk, economic risk, and regulatory risk. Rising interest rates could reduce the attractiveness of high-yield investments, potentially leading to a decline in the fund's value. An economic downturn could negatively impact the performance of the underlying pass-through securities, particularly MLPs and REITs.
What are the key factors to evaluate for HIPS?
Evaluate HIPS on fundamentals, analyst consensus, and risk factors. GraniteShares HIPS US High Income ETF (HIPS), with a market cap of $113M and a beta of 0.69, presents a focused investment in high-income pass-through securities. Not financial advice.
How frequently does HIPS data refresh on this page?
HIPS's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven HIPS's recent stock price performance?
GraniteShares HIPS US High Income ETF (HIPS) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Exposure to high-income pass-through securities. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider HIPS overvalued or undervalued right now?
GraniteShares HIPS US High Income ETF (HIPS) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research HIPS before investing?
Before investing in GraniteShares HIPS US High Income ETF (HIPS), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding HIPS to a portfolio?
Key strength of GraniteShares HIPS US High Income ETF (HIPS): Exposure to high-income pass-through securities. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis is pending, which may provide further insights into the fund's performance and risk profile.
- The information provided is based on publicly available data and should not be construed as investment advice.