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 2022-10-20Cost/Risk/Yield
| Dividend yield | 9.21% |
| Expense ratio | 2.88% |
| Average spread | 0.256% |
| 1Y roundtrip cost | 3.136% |
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% | ||
| 2021 | 0.8% | 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% |
| 2019 | 12.5% | 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% |
| 2017 | 2.8% | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.86 | ||||
| 2021 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 1.30 |
| 2020 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 1.19 | |
| 2019 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 1.30 |
| 2018 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 1.30 |
| 2017 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 1.30 |
| 2016 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 1.30 |
| 2015 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.06 | 0.06 | 0.06 | 0.11 | 1.03 | |
| 0.76 | 0.76 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.76 | 0.81 | 0.71 | 0.71 | 0.76 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| BlackRock Enhanced Equity Dividend Trust | 3.92% |
| Nuveen S&P 500 Buy-Write Income Fund of Benef Interest | 3.79% |
| BlackRock Enhanced Global Dividend Trust of Benef Interest | 3.66% |
| Aberdeen Total Dynamic Dividend Fund of Benef Interest | 3.63% |
| Blackrock Debt Strategies Fund Inc | 3.62% |
| Blackstone Strategic Credit Fund Shs of Benef Interest | 3.55% |
| BlackRock Multi-Sector Income Trust | 3.53% |
| Tekla Healthcare Investors of Benef Interest | 3.52% |
| BNY Mellon High Yield Strategies Fund of Benef Interest | 3.50% |
| PGIM High Yield Bond Fund, Inc. | 3.44% |
| Eaton Vance Limited Duration Income Fund | 3.40% |
| PGIM Global High Yield Fund, Inc. | 3.40% |
| Western Asset Emerging Markets Debt Fund Inc | 3.15% |
| Aberdeen Asia-Pacific Income Fund Inc | 3.04% |
| Black Stone Minerals LP | 1.53% |
| Top 15 Weights | 50.68% |
Compare with similar ETFs
| HIPS | FBCV | FLV | FMIL | HSMV | TEQI | |
|---|---|---|---|---|---|---|
| Product name | Master Income ETF | Fidelity Blue Chip Value ETF | American Century Focused Large Cap Value ETF | Fidelity New Millennium ETF | First Trust Horizon Managed Volatility Small/Mid ETF | T. Rowe Price Equity Income ETF |
| Issuer | GraniteShares | Fidelity | American Century | Fidelity | First Trust | T. Rowe Price |
| Price | $11.7301 | $26.75 | $55.29 | $27.48 | $28.7342 | $31.679 |
| Expense Ratio | 2.88% |  0.59% | 0.42% | 0.59% | 0.8% | 0.54% |
| Average Spread | 0.256% | 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 |
| Shares | 4,556,401 | 3,446,866 | 3,977,918 | 2,032,547 | 450,161 | 1,443,672 |
| Average Daily Volume | 13,967 | 19,697 | 5,494 | 38,697 | 879 | 18,280 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2015-01-06 | 2020-06-03 | 2020-03-31 | 2020-06-03 | 2020-04-06 | 2020-08-04 |
| Index Tracked | TFMS HIPS Index | No Underlying Index | No Underlying Index | No Underlying Index | No Underlying Index | No Underlying Index |
| Category | Diversified Portfolio | Large Cap Blend Equities | Global Equities | Large Cap Blend Equities | Small Cap Blend Equities | Large Cap Value Equities |
| Asset Class | Multi-Asset | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Mid Caps | Large/Mid Caps | ||||
| Value or Growth | Blend | Blend | Value | Blend | Blend | Blend |
| Region | Europe | North America | North America | North America | ||
| Countries | U.S. | U.S. | U.S. | Broad | U.S. | U.S. |
| Annual Dividend Rate | $1.08 | $0.977 | $2.265 | $0.569 | $0.37 | $0.988 |
| Annual Dividend Yield | 0.092% | 0.037% | 0.041% | 0.021% | 0.013% | 0.031% |
| Number of Holdings | 78 | 47 | 121 | 200 | 108 | |
| YTD Return | -18.17% | -8.06% | -8.67% | -6.15% | -16.59% | -11.44% |
| Beta | -0.54 | 0.82 | 0.81 | 0.93 | 0.90 | 0.80 |
| Upside Beta | -0.32 | 0.59 | 0.63 | 0.70 | 0.63 | 0.68 |
| Downside Beta | 0.04 | 0.07 | 0.04 | 0.12 | 0.00 | -0.03 |
| Volatility 1Y | 16.43% | 18.14% | 16.35% | 21.04% | 18.99% | 18.67% |
| Sharpe Ratio 3Y | -0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Treynor Ratio 3Y | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |