---
ticker: "HIPS"
name: "GraniteShares HIPS US High Income ETF"
url: "https://etf.net/etf/HIPS"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "Multi-Asset Income"
category_rank: "14 of 15"
methodology: "https://etf.net/methodology"
---

# HIPS: GraniteShares HIPS US High Income ETF

Grade **D**, Score 32 of 100. Rank 14 of 15 in Multi-Asset Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 11 | 13 of 15 |
| Mission | Not scored | — |
| Risk | 14 | 15 of 15 |
| Tradability | 56 | 5 of 15 |
| Holdings | 73 | 3 of 13 |
| Durability | 70 | 6 of 15 |

## Top holdings

The fund holds 41 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | DMLP | Dorchester Minerals | 3.16% |
| 2 | BSM | Black Stone Minerals LP | 3.03% |
| 3 | ARLP | Alliance Resource Partners, L.P. | 2.95% |
| 4 | CSWC | Capital Southwest Corporation | 2.94% |
| 5 | MPLX | Mplx Lp | 2.92% |
| 6 | CII | BlackRock Enhanced Large Cap Core Fund Inc | 2.90% |
| 7 | UAN | CVR Partners LP and CVR Nitrogen Finance Corporation | 2.88% |
| 8 | EPD | Enterprise Products Partners L | 2.87% |
| 9 | FSK | Fs Kkr Capital Corp | 2.80% |
| 10 | KRP | Kimbell Royalty Partners Lp | 2.67% |
| 11 | DKL | Delek Logistics Partners LP | 2.65% |
| 12 | BBDC | Barings BDC Inc. | 2.61% |
| 13 | JFR | Nuveen Float Rate Inc Fd | 2.58% |
| 14 | WES | Western Midstream Partners LP | 2.56% |
| 15 | PAA | Plains All American Pipeline LP | 2.55% |
| 16 | NMFC | New Mtn Fin Corp Com | 2.54% |
| 17 | GSBD | Goldman Sachs BDC Inc | 2.53% |
| 18 | GBDC | Golub Cap Bdc Inc Com | 2.47% |
| 19 | PFLT | Pennantpark Floating Rate Capital Ltd. | 2.42% |
| 20 | FTF | Franklin Limited Duration Income Trust | 2.41% |
| 21 | FRA | Blackrock Floating Rate Income Strategies Fund Incorporated | 2.40% |
| 22 | DSU | BlackRock Debt Strategies Fd | 2.38% |
| 23 | PHK | Pimco High Income Fund | 2.38% |
| 24 | HIX | Western Asset High Income Fund II Inc. | 2.37% |
| 25 | NHS | Neuberger High Yield Strategies Fund Inc. | 2.36% |
| 26 | 0A26.L | Ellington Financial Inc | 2.35% |
| 27 | EHI | Western Asset Global High Income Fund Inc. | 2.33% |
| 28 | PFL | PIMCO Income Strategy Fund | 2.27% |
| 29 | BXMT | Blackstone Mortgage Trust  | 2.24% |
| 30 | AGNC | Agnc Investment Corp | 2.21% |

Source: etf.net, https://etf.net/etf/HIPS. Please cite the page URL.