Master Income ETF (HIPS)

Description

The investment seeks to track the performance of the TFMS HIPS Index. The HIPS ETF contains constituents. It is focused on blend holdings in the region.

Price $11.73 as of 2022-10-20

Cost/Risk/Yield

Dividend yield9.21%
Expense ratio2.88%
Average spread0.256%
1Y roundtrip cost3.136%

Historic prices

Total Returns (including dividends)

Monthly returns heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022-2.2%-1.9%0.5%-3.4%-0.9%-8.2%8.4%-1.3%-11.4%1.9%-18.5%
20210.8%4.3%4.3%4.5%3.2%2.4%-1.0%1.3%-0.8%3.1%-4.5%3.4%21.0%
2020-0.3%-10.1%-36.0%13.4%8.7%2.3%2.3%3.7%-2.9%-2.9%17.9%3.0%-1.1%
201912.5%1.3%2.2%1.0%-4.4%4.9%0.8%-3.1%3.2%0.6%0.0%3.4%22.4%
2018-0.1%-6.1%-1.2%3.1%4.4%0.9%4.5%1.6%-1.4%-5.5%-0.1%-8.8%-8.7%
20172.8%3.0%-0.4%1.1%-2.9%2.0%0.6%-2.3%1.5%-1.0%-0.7%2.6%6.4%
2016-8.5%1.4%9.1%6.4%-0.2%2.8%5.7%1.7%0.1%-4.6%4.0%3.4%21.4%
2015-0.3%-0.7%0.6%-1.0%-5.5%-0.0%-5.9%-5.9%8.9%-6.4%-2.8%-19.1%
4.9%-8.3%-22.3%26.6%6.9%1.7%21.1%-4.3%-17.5%0.5%10.3%4.2%

Historical Dividends

Monthly dividend heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
20220.110.110.110.110.110.110.110.110.86
20210.110.110.110.110.110.110.110.110.110.110.110.111.30
20200.110.110.110.110.110.110.110.110.110.110.111.19
20190.110.110.110.110.110.110.110.110.110.110.110.111.30
20180.110.110.110.110.110.110.110.110.110.110.110.111.30
20170.110.110.110.110.110.110.110.110.110.110.110.111.30
20160.110.110.110.110.110.110.110.110.110.110.110.111.30
20150.110.110.110.110.110.110.110.060.060.060.111.03
0.760.760.860.860.860.860.860.760.810.710.710.76

Sectors and Top Holdings

Security % Assets
BlackRock Enhanced Equity Dividend Trust3.92%
Nuveen S&P 500 Buy-Write Income Fund of Benef Interest3.79%
BlackRock Enhanced Global Dividend Trust of Benef Interest3.66%
Aberdeen Total Dynamic Dividend Fund of Benef Interest3.63%
Blackrock Debt Strategies Fund Inc3.62%
Blackstone Strategic Credit Fund Shs of Benef Interest3.55%
BlackRock Multi-Sector Income Trust3.53%
Tekla Healthcare Investors of Benef Interest3.52%
BNY Mellon High Yield Strategies Fund of Benef Interest3.50%
PGIM High Yield Bond Fund, Inc.3.44%
Eaton Vance Limited Duration Income Fund3.40%
PGIM Global High Yield Fund, Inc.3.40%
Western Asset Emerging Markets Debt Fund Inc3.15%
Aberdeen Asia-Pacific Income Fund Inc3.04%
Black Stone Minerals LP1.53%
Top 15 Weights50.68%

Compare with similar ETFs

HIPS FBCV FLV FMIL HSMV TEQI
Product nameMaster Income ETFFidelity Blue Chip Value ETFAmerican Century Focused Large Cap Value ETFFidelity New Millennium ETFFirst Trust Horizon Managed Volatility Small/Mid ETFT. Rowe Price Equity Income ETF
IssuerGraniteSharesFidelityAmerican CenturyFidelityFirst TrustT. Rowe Price
Price$11.7301$26.75$55.29$27.48$28.7342$31.679
Expense Ratio2.88%better0.59%better0.42%better0.59%better0.8%better0.54%
Average Spread0.256%0.262%0.163%0.218%0.139%0.126%
AUM$53,447,000$92,203,700$219,939,000$55,854,400$12,935,000$45,734,100
Shares4,556,4013,446,8663,977,9182,032,547450,1611,443,672
Average Daily Volume13,96719,6975,49438,69787918,280
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2015-01-062020-06-032020-03-312020-06-032020-04-062020-08-04
Index TrackedTFMS HIPS IndexNo Underlying IndexNo Underlying IndexNo Underlying IndexNo Underlying IndexNo Underlying Index
CategoryDiversified PortfolioLarge Cap Blend EquitiesGlobal EquitiesLarge Cap Blend EquitiesSmall Cap Blend EquitiesLarge Cap Value Equities
Asset ClassMulti-AssetEquityEquityEquityEquityEquity
Asset Class SizeMid CapsLarge/Mid Caps
Value or GrowthBlendBlendValueBlendBlendBlend
RegionEuropeNorth AmericaNorth AmericaNorth America
CountriesU.S.U.S.U.S.BroadU.S.U.S.
Annual Dividend Rate$1.08$0.977$2.265$0.569$0.37$0.988
Annual Dividend Yield0.092%0.037%0.041%0.021%0.013%0.031%
Number of Holdings7847121200108
YTD Return-18.17%-8.06%-8.67%-6.15%-16.59%-11.44%
Beta-0.540.820.810.930.900.80
Upside Beta-0.320.590.630.700.630.68
Downside Beta0.040.070.040.120.00-0.03
Volatility 1Y16.43%18.14%16.35%21.04%18.99%18.67%
Sharpe Ratio 3Y-0.280.000.000.000.000.00
Treynor Ratio 3Y0.010.000.000.000.000.00

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew