See what your fund actually adds

GraniteShares HIPS US High Income ETF HIPS

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

HIPS compared with its replication portfolio
MeasureHIPSReplication
Annualized growth2.4%6.3%
Annualized volatility13.2%11.2%
Sharpe ratio0.250.60
Maximum drawdown20.7%12.6%
Replication fit (R²)0.77 · Tracking error 6.3%

Replication portfolio

The published portfolio below is the investable basket used to model HIPS’s historical return behavior.

HIPS replication basket weights
TickerBuilding blockWeight
PFFFI · Preferred30.0%
SPHYFI · High Yield25.5%
VNQSector · Real Estate23.7%
XLESector · Energy20.8%