HIPS vs IQDY

Comparison between GraniteShares HIPS US High Income ETF (HIPS, ETF) and FLEXSHARES INTERNATIONAL QUALITY DIVIDEND DYNAMIC INDEX FUND (IQDY, ETF).

5-Year PerformanceIQDY has outperformed HIPS, delivering a return of +12.8% compared to +4.5%

HIPS vs IQDY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIPS(ETF)	IQDY(ETF)
Net Assets	$110M	$110M
Expense Ratio	1.17%	0.47%
Max Drawdown	61.65%	45.35%
Sharpe Ratio	0.16	1.62
5Y Beta	0.49	0.82
P/E Ratio	18.64	N/A
Forward P/E	10.17	N/A
PEG Ratio	0.26	N/A
5Y Dividends CAGR	1.61%	11.37%
P/S Ratio	2.49	N/A
P/B Ratio	1.10	N/A

Net Assets

HIPS

$110M

IQDY

$110M

Expense Ratio

HIPS

1.17%

Winner

IQDY

0.47%

Max Drawdown

HIPS

61.65%

Winner

IQDY

45.35%

Sharpe Ratio

HIPS

0.16

Winner

IQDY

1.62

5Y Beta

Winner

HIPS

0.49

IQDY

0.82

P/E Ratio

HIPS

18.64

IQDY

N/A

Forward P/E

HIPS

10.17

IQDY

N/A

PEG Ratio

HIPS

0.26

IQDY

N/A

5Y Dividends CAGR

HIPS

1.61%

Winner

IQDY

11.37%

P/S Ratio

HIPS

2.49

IQDY

N/A

P/B Ratio

HIPS

1.10

IQDY

N/A

HIPS vs IQDY - Holdings Comparison

HIPS and IQDY have 1 common holdings. Overlap is -0.03%

HIPS's top 25 holdings weight is 66.46%. IQDY's top 25 holdings weight is 36.35%.

Rank	HIPS	IQDY
#1	PLAINS ALL AMERICAN PIPELINE LP (PAA) - 3.01%	n/a (n/a) - 4.33%
#2	DELEK LOGISTICS PARTNERS LP (DKL) - 2.95%	TOKYO ELECTRON LTD (n/a) - 2.65%
#3	DORCHESTER MINERALS LP (DMLP) - 2.94%	MEDIATEK INC (n/a) - 2.32%
#4	KIMBELL ROYALTY PARTNERS LP (KRP) - 2.92%	NOVO NORDISK AS CLASS B (n/a) - 2.17%
#5	TWO HARBORS INVESTMENT CORP (TWO) - 2.92%	HSBC HOLDINGS PLC (n/a) - 2.03%
#6	CVR PARTNERS LP (UAN) - 2.84%	MITSUBISHI UFJ FINANCIAL GROUP INC (n/a) - 1.96%
#7	BLACKROCK ENHANCED CAP&INC FUND, INC (CII) - 2.83%	HITACHI LTD (n/a) - 1.72%
#8	WESTERN MIDSTREAM PARTNERS LP (WES) - 2.82%	SAMSUNG ELECTRONICS CO LTD (n/a) - 1.61%
#9	CAPITAL SOUTHWEST CORP (CSWC) - 2.75%	ADVANTEST CORP (n/a) - 1.48%
#10	MPLX LP PARTNERSHIP UNITS (MPLX) - 2.72%	BHP GROUP LTD (n/a) - 1.40%
#11	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 2.72%	INTESA SANPAOLO (n/a) - 1.38%
#12	ALLIANCE RESOURCE PARTNERS LP (ARLP) - 2.61%	ENEL SPA (n/a) - 1.26%
#13	AGNC INVESTMENT CORP (AGNC) - 2.60%	SK HYNIX INC (n/a) - 1.19%
#14	BLACK STONE MINERALS LP PARTNERSHIP UNITS (BSM) - 2.60%	ASML HOLDING NV (n/a) - 1.02%
#15	GOLDMAN SACHS BDC INC (GSBD) - 2.55%	CASH (n/a) - 1.01%
#16	NUVEEN FLOATING RATE INCOME FUND (JFR) - 2.52%	TALABAT HOLDING PLC (n/a) - 1.00%
#17	ANNALY CAPITAL MANAGEMENT INC (NLY) - 2.50%	NATWEST GROUP PLC (n/a) - 0.93%
#18	ELLINGTON FINANCIAL INC (EFC) - 2.50%	VAT GROUP AG (n/a) - 0.90%
#19	ARMOUR RESIDENTIAL REIT INC (ARR) - 2.49%	LASERTEC CORP (n/a) - 0.89%
#20	WESTERN ASSET HIGH INCOME FUND II INC (HIX) - 2.48%	ROYAL BANK OF CANADA (RY) - 0.87%
#21	PIMCO HIGH INCOME FUND (PHK) - 2.47%	n/a (n/a) - 0.86%
#22	GOLUB CAPITAL BDC INC (GBDC) - 2.45%	BANCA MEDIOLANUM (n/a) - 0.85%
#23	ORCHID ISLAND CAPITAL INC (ORC) - 2.43%	BB SEGURIDADE PARTICIPACOES SA (n/a) - 0.85%
#24	BARINGS BDC INC (BBDC) - 2.42%	LEGAL & GENERAL GROUP PLC (n/a) - 0.85%
#25	BLACKROCK DEBT STRATEGIES FUND INC (DSU) - 2.42%	HOLCIM LTD (n/a) - 0.82%
Total Holdings	41	231

HIPS vs IQDY - Historical Returns

Returns include dividend reinvestment.

Period	HIPS	IQDY
1 month	+3.13%	-2.54%
3 months	+0.30%	+6.25%
6 months	+0.67%	+13.00%
1 year	+5.56%	+35.13%
5 years(CAGR)	+4.50%	+12.81%
10 years(CAGR)	+4.99%	+11.60%
Max(CAGR)	+4.22%	+8.90%

Winner

HIPS

+3.13%

IQDY

-2.54%

HIPS

+0.30%

Winner

IQDY

+6.25%

HIPS

+0.67%

Winner

IQDY

+13.00%

HIPS

+5.56%

Winner

IQDY

+35.13%

5Y(CAGR)

HIPS

+4.50%

Winner

IQDY

+12.81%

10Y(CAGR)

HIPS

+4.99%

Winner

IQDY

+11.60%

Max(CAGR)

HIPS

+4.22%

Winner

IQDY

+8.90%

HIPS vs IQDY - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	HIPS	IQDY
2026	+4.04%	+16.65%
2025	+0.92%	+38.20%
2024	+14.22%	+7.53%
2023	+14.87%	+22.55%
2022	-13.14%	-16.30%
2021	+24.50%	+11.70%
2020	-11.19%	+8.17%
2019	+22.36%	+27.42%
2018	-10.35%	-20.44%
2017	+5.25%	+22.99%
2016	+22.17%	+14.01%
2015	-15.30%	-7.19%
2014	N/A	-6.16%
2013	N/A	+15.53%

HIPS vs IQDY Drawdown Comparison

The maximum drawdown for HIPS was -53.03%, occurring on Mar 23, 2020. Recovery took 302 trading sessions.

The maximum drawdown for IQDY was -39.56%, occurring on Mar 23, 2020. Recovery took 721 trading sessions.

The current HIPS drawdown is -2.59%. The current IQDY drawdown is -2.54%.

Rank	HIPS	IQDY
#1	-53.03% Feb 20, 2020 - May 3, 2021	-39.56% Jan 25, 2018 - Dec 4, 2020
#2	-32.09% Feb 5, 2015 - Dec 9, 2016	-32.97% Jun 14, 2021 - Feb 22, 2024
#3	-21.31% Nov 16, 2021 - Feb 23, 2024	-30.87% Jul 3, 2014 - May 16, 2017
#4	-18.70% Aug 24, 2018 - Apr 15, 2019	-14.77% Sep 26, 2024 - May 2, 2025
#5	-15.41% Feb 20, 2025 - Jan 14, 2026	-11.24% May 20, 2013 - Sep 10, 2013
#6	-11.12% Jan 23, 2018 - Jul 6, 2018	-10.41% Feb 25, 2026 - Apr 14, 2026
#7	-6.26% Jun 14, 2021 - Oct 14, 2021	-9.40% Jul 12, 2024 - Sep 24, 2024
#8	-5.73% Apr 15, 2019 - Jul 16, 2019	-5.39% Oct 28, 2013 - Apr 2, 2014
#9	-5.69% Jul 19, 2017 - Jan 16, 2018	-5.22% Jan 21, 2021 - Feb 11, 2021
#10	-5.59% May 1, 2026 - Jun 17, 2026	-4.92% Jun 2, 2026 - Jun 15, 2026
#11	-5.44% Jul 31, 2024 - Aug 26, 2024	-4.89% Nov 12, 2025 - Dec 4, 2025
#12	-4.87% Dec 2, 2024 - Feb 14, 2025	-4.72% Jun 22, 2026 - Jul 20, 2026
#13	-4.63% Jul 24, 2019 - Sep 19, 2019	-4.68% Mar 12, 2024 - May 6, 2024
#14	-4.52% Jan 16, 2026 - Apr 15, 2026	-4.52% Jul 23, 2025 - Aug 12, 2025
#15	-4.42% Feb 21, 2017 - Apr 25, 2017	-3.68% May 7, 2021 - Jun 1, 2021

Correlation

Correlation between HIPS and IQDY is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2013 - 2026)

HIPS vs IQDY dividend yield comparison.

Year	HIPS	IQDY
2026	5.55%	1.66%
2025	11.04%	3.26%
2024	10.04%	6.95%
2023	10.32%	6.45%
2022	10.76%	5.52%
2021	8.43%	3.89%
2020	9.50%	2.62%
2019	6.93%	3.85%
2018	8.66%	5.97%
2017	7.28%	3.57%
2016	7.20%	3.78%
2015	8.17%	4.08%
2014	0.00%	4.34%
2013	0.00%	2.33%