Graniteshares Hips High Etf Profile
| HIPS Etf | USD 13.13 0.05 0.38% |
Performance9 of 100
| Odds Of DistressLess than 9
|
GraniteShares HIPS is selling for under 13.13 as of the 24th of September 2024; that is 0.38 percent increase since the beginning of the trading day. The etf's lowest day price was 13.09. GraniteShares HIPS has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for GraniteShares HIPS High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2024 and ending today, the 24th of September 2024. Click here to learn more.
The fund employs a passive management-or indexing-investment approach designed to track the performance of the index. Graniteshares is traded on NYSEARCA Exchange in the United States. More on GraniteShares HIPS High
Moving together with GraniteShares Etf
GraniteShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Asset Allocation ETFs, Target Outcome ETFs, Aggressive Allocation, Graniteshares (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2015-01-06 |
| Benchmark | EQM High Income Pass-Through Securities Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 90.94 Million |
| Average Trading Valume | 41,740.6 |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | North America |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | GraniteShares Advisors LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Benoit Autier, Jeff Klearman |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 39.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.99 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 11.96 |
| Name | GraniteShares HIPS US High Income ETF |
| Currency Code | USD |
| Open Figi | BBG007V9C408 |
| In Threey Volatility | 14.65 |
| 1y Volatility | 7.8 |
| 200 Day M A | 12.683 |
| 50 Day M A | 12.9105 |
| Code | HIPS |
| Updated At | 23rd of September 2024 |
| Currency Name | US Dollar |
GraniteShares HIPS High [HIPS] is traded in USA and was established 2015-01-07. The fund is listed under Aggressive Allocation category and is part of Graniteshares family. The entity is thematically classified as Asset Allocation ETFs. GraniteShares HIPS High currently have 62.19 M in assets under management (AUM). , while the total return for the last 3 years was 5.3%.
Check GraniteShares HIPS Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on GraniteShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding GraniteShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as GraniteShares HIPS High Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top GraniteShares HIPS High Etf Constituents
| HIX | Western Asset High | Fund | Asset Management | |
| HIO | Western Asset High | Fund | Asset Management | |
| GLO | Clough Global Opportunities | Fund | Asset Management | |
| O | Realty Income | Stock | Real Estate | |
| WELL | Welltower | Stock | Real Estate | |
| VTR | Ventas Inc | Stock | Real Estate | |
| FAX | Aberdeen Asia Pacific If | Fund | Asset Management | |
| IRM | Iron Mountain Incorporated | Stock | Real Estate |
GraniteShares HIPS High Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares HIPS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0961 | |||
| Jensen Alpha | 0.0132 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) |
GraniteShares HIPS Against Markets
Additional Information and Resources on Investing in GraniteShares Etf
When determining whether GraniteShares HIPS High is a strong investment it is important to analyze GraniteShares HIPS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares HIPS's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares HIPS High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of GraniteShares HIPS High is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares HIPS's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares HIPS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GraniteShares HIPS's market value can be influenced by many factors that don't directly affect GraniteShares HIPS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GraniteShares HIPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares HIPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares HIPS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.