HIPS vs MDIV
GraniteShares HIPS US High Income ETF against First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
13%
12 shared positions
Fee gap
46 bp
MDIV is cheaper
1-year return gap
9.0 pts
MDIV is ahead
Larger fund
MDIV
$408M
Side by side
| HIPS | MDIV | |
|---|---|---|
| Fund | GraniteShares HIPS US High Income ETF | First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund |
| Issuer | GraniteShares | First Trust |
| Category | Covered Call | Allocation |
| Expense ratio | 1.17% | 0.71% |
| Assets | $103M | $408M |
| Average daily dollar volume | $1.3M | $1.0M |
| Listed | Jan 7, 2015 | Aug 13, 2012 |
| FrenzyCap score | 23 | 46 |
| 1-month return | −7.8% | −4.5% |
| 3-month return | −8.4% | −5.3% |
| Year to date | −9.0% | +0.8% |
| 1-year return | −9.4% | −0.4% |
| 30-day volatility | 10.2% | 7.7% |
| Worst drawdown, 1 year | −13.6% | −7.2% |
| Trailing 12-month yield | 12.14% | 7.29% |
| Holdings | 41 | 125 |
| Top 10 weight | 70.1% | 32.9% |
| Look-through P/E | 11.4 | 15.4 |
| Holdings vs fair value | +40.4% | +28.4% |
| Holdings above 200-day average | 33% | 32% |
| Net flow, latest 3 reported months | +$15M thru Jun 2026 | +$13M thru Jun 2026 |
| 30-day implied volatility | 20.3% | 25.7% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
32% of HIPS · 13% of MDIV
Sector mix of the stock holdings
| Sector | HIPS | MDIV | Gap |
|---|---|---|---|
| Real Estate | 24.1% | 22.2% | +2.0% |
| Energy | 17.0% | 9.2% | +7.8% |
| Utilities | 5.5% | 6.5% | −1.0% |
| Financials | 0.0% | 8.0% | −8.0% |
| Materials | 5.4% | 1.8% | +3.6% |
| Consumer Staples | 0.0% | 4.8% | −4.8% |
| Other | 0.0% | 3.0% | −3.0% |
| Industrials | 0.0% | 1.8% | −1.8% |
| Health Care | 0.0% | 0.9% | −0.9% |
| Communication Services | 0.0% | 0.8% | −0.8% |
More: full overlap table · HIPS holdings · MDIV holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.