Overview Holdings Performance Dividends Similar Etfs Correlations

11 Stock and 89 ETF HIPS (GraniteShares HIPS US High Income ETF) alternatives

The most close HIPS (GraniteShares HIPS US High Income ETF) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9749.

Stocks that highly correlated with HIPS

Symbol	Name	Market cap	Sector	Industry	Correlation
ADAMM	Adamas Trust Inc	$2.27B	Real Estate	Reit - Mortgage	0.94
ADAMN	Adamas Trust Inc	$2.19B	Real Estate	Reit - Mortgage	0.91
ALTS	ALT5 Sigma Corporation Common Stock	$4.90B	Technology	Software - Application	0.90
STWD	Starwood Property Trust Inc	$6.18B	Real Estate	Reit - Mortgage	0.88
BCSF	Bain Capital Specialty Finance Inc	$834M	Financial Services	Asset Management	0.88
ARCC	Ares Capital Corp	$14B	Financial Services	Asset Management	0.88
MFIC	MidCap Financial Investment Corporation	$845M	Financial Services	Asset Management	0.87
NMFC	New Mountain Finance Corp	$680M	Financial Services	Asset Management	0.86
EFC-P-A	Ellington Financial Inc	$3.14B	N/A	Other	0.86
PFLT	PennantPark Floating Rate Capital Ltd	$715M	Financial Services	Asset Management	0.86
EFC	Ellington Financial Inc	$1.71B	Real Estate	Reit - Mortgage	0.86

ETFs that highly correlated with HIPS

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.97
ALTY	GLOBAL X ALTERNATIVE INCOME ETF	$46M	0.50%	Jul 13, 2015	0.95
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$416M	0.71%	Aug 13, 2012	0.95
VPC	VIRTUS PRIVATE CREDIT STRATEGY ETF	$31M	10.60%	Feb 7, 2019	0.94
BIZD	VANECK BDC INCOME ETF	$1.60B	9.69%	Feb 11, 2013	0.94
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.40B	2.11%	May 15, 2018	0.93
KBWD	INVESCO KBW HIGH DIVIDEND YIELD FINANCIAL ETF	$424M	5.39%	Dec 2, 2010	0.93
GYLD	ARROW DOW JONES GLOBAL YIELD ETF	$33M	0.75%	May 8, 2012	0.92
CVY	INVESCO ZACKS MULTI-ASSET INCOME ETF	$121M	1.21%	Sep 21, 2006	0.92
BDCZ	BDCZ	$11M	0.85%	Oct 9, 2015	0.92
HYIN	WISDOMTREE PRIVATE CREDIT AND ALTERNATIVE INCOME FUND	$51M	4.34%	May 4, 2021	0.92
DIV	GLOBAL X SUPERDIVIDEND U.S. ETF	$747M	0.45%	Mar 11, 2013	0.91
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$79M	3.69%	Sep 27, 2016	0.91
PEX	ProShares Global Listed Private Equity ETF	$11M	2.95%	Feb 26, 2013	0.91
DON	WISDOMTREE U.S. MIDCAP DIVIDEND FUND	$4B	0.38%	Jun 16, 2006	0.90
SDIV	GLOBAL X SUPERDIVIDEND ETF	$1.20B	0.58%	Jun 8, 2011	0.90
YYY	AMPLIFY CEF HIGH INCOME ETF	$721M	3.23%	Jun 12, 2012	0.90
SCD	LMP Capital and Income Fund Inc	$396M	N/A	N/A	0.90
SRET	GLOBAL X SUPERDIVIDEND REIT ETF	$233M	0.58%	Mar 16, 2015	0.90
UPGD	INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF	$118M	0.40%	May 19, 2006	0.89
SMHB	UBS AG London Branch	$21M	N/A	Nov 8, 2018	0.89
BGH	Barings Global Short Duration High Yield Fund	$300M	N/A	N/A	0.89
MORT	VANECK MORTGAGE REIT INCOME ETF	$400M	0.43%	Aug 16, 2011	0.89
IMCV	ISHARES MORNINGSTAR MID-CAP VALUE ETF	$1.10B	0.06%	Jun 28, 2004	0.89
REM	iShares Mortgage Real Estate ETF	$548M	0.48%	May 1, 2007	0.89
ONEY	STATE STREET(R) SPDR(R) RUSSELL 1000 YIELD FOCUS ETF	$727M	0.20%	Dec 2, 2015	0.89
FSCS	FIRST TRUST SMID CAPITAL STRENGTH ETF	$59M	0.60%	Jun 20, 2017	0.89
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$573M	0.39%	Jul 8, 2015	0.89
FNK	FIRST TRUST MID CAP VALUE ALPHADEX FUND	$221M	0.74%	Apr 19, 2011	0.89
JRI	Nuveen Real Asset Income and Growth Fund	$486M	N/A	N/A	0.89
BGB	Blackstone Strategic Credit 2027 Term Fund	$525M	N/A	N/A	0.89
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.88
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.88
XSHD	INVESCO S&P SMALLCAP HIGH DIVIDEND LOW VOLATILITY ETF	$73M	0.30%	Dec 1, 2016	0.88
IWS	ISHARES RUSSELL MID-CAP VALUE ETF	$16B	0.23%	Jul 17, 2001	0.88
EZM	WISDOMTREE U.S. MIDCAP FUND	$939M	0.38%	Feb 23, 2007	0.88
ISCV	ISHARES MORNINGSTAR SMALL-CAP VALUE ETF	$685M	0.06%	Jun 28, 2004	0.88
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND ETF SHARES	$68B	0.05%	Jan 26, 2004	0.88
AUSF	GLOBAL X ADAPTIVE U.S. FACTOR ETF	$847M	0.27%	Aug 24, 2018	0.88
ARDC	Ares Dynamic Credit Allocation Fund Inc	$322M	N/A	N/A	0.88
CAPE	DOUBLELINE SHILLER CAPE U.S. EQUITIES ETF	$238M	0.65%	Mar 31, 2022	0.88
CZA	INVESCO ZACKS MID-CAP ETF	$187M	0.69%	Apr 2, 2007	0.88
FAB	FIRST TRUST MULTI CAP VALUE ALPHADEX FUND	$137M	0.66%	May 8, 2007	0.88
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.88
JGH	Nuveen Global High Income Fund	$386M	N/A	N/A	0.88
FDVV	FIDELITY HIGH DIVIDEND ETF	$9.70B	0.15%	Sep 12, 2016	0.88
VFVA	VANGUARD U.S. VALUE FACTOR ETF ETF SHARES	$845M	0.13%	Feb 13, 2018	0.88
PY	PRINCIPAL VALUE ETF	$220M	0.15%	Mar 21, 2016	0.88
VOE	VANGUARD MID-CAP VALUE INDEX FUND ETF SHARES	$37B	0.05%	Aug 17, 2006	0.88
BGX	Blackstone Long-Short Credit Income Fund	$155M	N/A	N/A	0.88
IVOV	VANGUARD S&P MID-CAP 400 VALUE INDEX FUND ETF SHARES	$1.50B	0.10%	Sep 7, 2010	0.87
IJJ	ISHARES S&P MID-CAP 400 VALUE ETF	$8.70B	0.18%	Jul 24, 2000	0.87
MDYV	STATE STREET(R) SPDR(R) S & P 400(TM) MID CAP VALUE ETF	$2.70B	0.15%	Nov 8, 2005	0.87
FTDS	FIRST TRUST DIVIDEND STRENGTH ETF	$37M	0.70%	Dec 5, 2006	0.87
WTV	WISDOMTREE U.S. VALUE FUND	$2.90B	0.12%	Feb 23, 2007	0.87
FNDA	SCHWAB FUNDAMENTAL U.S. SMALL COMPANY ETF	$9.30B	0.25%	Aug 15, 2013	0.87
SPE	Special Opportunities Fund Inc	$168M	N/A	N/A	0.87
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.87
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$46M	0.20%	Jan 11, 2018	0.87
RYLD	GLOBAL X RUSSELL 2000 COVERED CALL ETF	$1.40B	0.60%	Apr 18, 2019	0.87
CEFS	SABA CLOSED-END FUNDS ETF	$427M	2.61%	Mar 20, 2017	0.87
EVT	Eaton Vance Tax Advantaged Dividend Income Fund	$2.30B	N/A	N/A	0.87
NML	Neuberger Berman Energy Infrastructure and Income Fund Inc	$671M	N/A	N/A	0.87
GHY	PGIM Global High Yield Fund Inc	$531M	N/A	N/A	0.87
EQAL	INVESCO RUSSELL 1000 EQUAL WEIGHT ETF	$808M	0.20%	Dec 23, 2014	0.87
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.87
SJNK	STATE STREET(R) SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.90B	0.40%	Mar 14, 2012	0.87
MAGA	POINT BRIDGE AMERICA FIRST ETF	$31M	0.72%	Sep 6, 2017	0.87
OSCV	OPUS SMALL CAP VALUE ETF	$699M	0.79%	Jul 18, 2018	0.87
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.87
NUMV	NUVEEN ESG MID-CAP VALUE ETF	$437M	0.31%	Dec 13, 2016	0.87
JHSC	JOHN HANCOCK MULTIFACTOR SMALL CAP ETF	$687M	0.42%	Nov 8, 2017	0.87
HYGH	ISHARES INTEREST RATE HEDGED HIGH YIELD BOND ETF	$550M	0.52%	May 27, 2014	0.87
SOR	Source Capital Inc	$407M	N/A	N/A	0.87
JPME	JPMORGAN DIVERSIFIED RETURN U.S. MID CAP EQUITY ETF	$453M	0.24%	May 11, 2016	0.86
REVS	COLUMBIA RESEARCH ENHANCED VALUE ETF	$310M	0.19%	Sep 25, 2019	0.86
HYI	Western Asset High Yield Defined Opportunity Fund Inc	$148M	N/A	N/A	0.86
FNX	FIRST TRUST MID CAP CORE ALPHADEX FUND	$1.40B	0.62%	May 8, 2007	0.86
RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	$94B	0.20%	Apr 24, 2003	0.86
SMMV	ISHARES MSCI USA SMALL-CAP MIN VOL FACTOR ETF	$290M	0.20%	Sep 7, 2016	0.86
OUSM	ALPS \| O'SHARES U.S. SMALL-CAP QUALITY DIVIDEND ETF SHARES	$878M	0.48%	Dec 30, 2016	0.86
VLU	STATE STREET(R) SPDR(R) S&P(R) 1500 VALUE TILT ETF	$726M	0.12%	Oct 24, 2012	0.86
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$126M	0.50%	Apr 3, 2012	0.86
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.86
VALQ	AMERICAN CENTURY U.S. QUALITY VALUE ETF	$322M	0.29%	Jan 11, 2018	0.86
FNDB	SCHWAB FUNDAMENTAL U.S. BROAD MARKET ETF	$1.40B	0.25%	Aug 15, 2013	0.86
EMO	ClearBridge Energy Midstream Opportunity Fund Inc	$1.10B	N/A	N/A	0.86
BLES	INSPIRE GLOBAL HOPE ETF	$166M	0.60%	Feb 27, 2017	0.86
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$266M	0.20%	Jan 9, 2018	0.86