HIPS vs REM
GraniteShares HIPS US High Income ETF against iShares Mortgage Real Estate ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
21%
9 shared positions
Fee gap
69 bp
REM is cheaper
1-year return gap
13.3 pts
HIPS is ahead
Larger fund
REM
$446M
Side by side
| HIPS | REM | |
|---|---|---|
| Fund | GraniteShares HIPS US High Income ETF | iShares Mortgage Real Estate ETF |
| Issuer | GraniteShares | iShares |
| Category | Covered Call | Mortgage & Securitized |
| Expense ratio | 1.17% | 0.48% |
| Assets | $94M | $446M |
| Average daily dollar volume | $1.2M | $30M |
| Listed | Jan 7, 2015 | May 1, 2007 |
| FrenzyCap score | 22 | 46 |
| 1-month return | −7.6% | −14.2% |
| 3-month return | −9.4% | −20.4% |
| Year to date | −10.5% | −23.0% |
| 1-year return | −9.8% | −23.1% |
| 30-day volatility | 11.2% | 24.1% |
| Worst drawdown, 1 year | −15.3% | −30.3% |
| Trailing 12-month yield | 12.35% | 11.60% |
| Holdings | 41 | 35 |
| Top 10 weight | 70.1% | 74.4% |
| Look-through P/E | 11.3 | 7.5 |
| Holdings vs fair value | +40.4% | +39.9% |
| Holdings above 200-day average | 36% | 0% |
| Net flow, latest 3 reported months | +$15M thru Jun 2026 | −$13M thru Jun 2026 |
| 30-day implied volatility | 32.2% | 29.3% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 20, 2026issuer data |
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
21% of HIPS · 65% of REM
Sector mix of the stock holdings
| Sector | HIPS | REM | Gap |
|---|---|---|---|
| Real Estate | 24.1% | 97.1% | −73.0% |
| Energy | 17.0% | 0.0% | +17.0% |
| Utilities | 5.5% | 0.0% | +5.5% |
| Materials | 5.4% | 0.0% | +5.4% |
More: full overlap table · HIPS holdings · REM 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.