HIPS vs SEPT

Comparison between GraniteShares HIPS US High Income ETF (HIPS, ETF) and ALLIANZIM U.S. EQUITY BUFFER10 SEP ETF (SEPT, ETF).

HIPS vs SEPT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIPS(ETF)	SEPT(ETF)
Net Assets	$105M	$105M
Expense Ratio	1.17%	0.74%
Max Drawdown	61.65%	12.83%
Sharpe Ratio	0.31	1.84
5Y Beta	0.50	0.61
P/E Ratio	18.73	N/A
Forward P/E	10.23	N/A
PEG Ratio	0.26	N/A
5Y Dividends CAGR	1.61%	N/A
P/S Ratio	2.47	N/A
P/B Ratio	1.13	N/A

Net Assets

HIPS

$105M

Winner

SEPT

$105M

Expense Ratio

HIPS

1.17%

Winner

SEPT

0.74%

Max Drawdown

HIPS

61.65%

Winner

SEPT

12.83%

Sharpe Ratio

HIPS

0.31

Winner

SEPT

1.84

5Y Beta

Winner

HIPS

0.50

SEPT

0.61

P/E Ratio

HIPS

18.73

SEPT

N/A

Forward P/E

HIPS

10.23

SEPT

N/A

PEG Ratio

HIPS

0.26

SEPT

N/A

5Y Dividends CAGR

HIPS

1.61%

SEPT

N/A

P/S Ratio

HIPS

2.47

SEPT

N/A

P/B Ratio

HIPS

1.13

SEPT

N/A

HIPS vs SEPT - Historical Returns

Returns include dividend reinvestment.

Period	HIPS	SEPT
1 month	-3.76%	+1.05%
3 months	-0.37%	+5.35%
6 months	+1.69%	+5.94%
1 year	+6.54%	+19.18%
5 years(CAGR)	+3.91%	N/A
10 years(CAGR)	+5.45%	N/A
Max(CAGR)	+4.09%	+15.30%

HIPS

-3.76%

Winner

SEPT

+1.05%

HIPS

-0.37%

Winner

SEPT

+5.35%

HIPS

+1.69%

Winner

SEPT

+5.94%

HIPS

+6.54%

Winner

SEPT

+19.18%

5Y(CAGR)

HIPS

+3.91%

SEPT

N/A

10Y(CAGR)

HIPS

+5.45%

SEPT

N/A

Max(CAGR)

HIPS

+4.09%

Winner

SEPT

+15.30%

HIPS vs SEPT - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	HIPS	SEPT
2026	+2.04%	+5.51%
2025	+0.92%	+14.99%
2024	+14.22%	+16.94%
2023	+14.87%	+4.86%
2022	-13.14%	N/A
2021	+24.50%	N/A
2020	-11.19%	N/A
2019	+22.36%	N/A
2018	-10.35%	N/A
2017	+5.25%	N/A
2016	+22.17%	N/A
2015	-15.30%	N/A

HIPS vs SEPT Drawdown Comparison

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

The maximum drawdown for SEPT was -12.83%, occurring on Apr 8, 2025. Recovery took 79 trading sessions.

The current HIPS drawdown is -4.46%. The current SEPT drawdown is -0.85%.

Rank	HIPS	SEPT
#1	-53.03% Feb 20, 2020 - May 3, 2021	-12.83% Feb 19, 2025 - Jun 12, 2025
#2	-32.09% Feb 5, 2015 - Dec 9, 2016	-6.25% Sep 1, 2023 - Nov 14, 2023
#3	-21.31% Nov 16, 2021 - Feb 23, 2024	-5.39% Feb 25, 2026 - Apr 13, 2026
#4	-18.70% Aug 24, 2018 - Apr 15, 2019	-3.72% Jul 16, 2024 - Aug 14, 2024
#5	-15.41% Feb 20, 2025 - Jan 14, 2026	-3.24% Mar 28, 2024 - May 7, 2024
#6	-11.12% Jan 23, 2018 - Jul 6, 2018	-2.83% Oct 27, 2025 - Dec 3, 2025
#7	-6.26% Jun 14, 2021 - Oct 14, 2021	-2.82% Aug 30, 2024 - Sep 17, 2024
#8	-5.73% Apr 15, 2019 - Jul 16, 2019	-2.15% Dec 6, 2024 - Jan 21, 2025
#9	-5.69% Jul 19, 2017 - Jan 16, 2018	-1.70% Oct 8, 2025 - Oct 20, 2025
#10	-5.44% Jul 31, 2024 - Aug 26, 2024	-1.62% Jul 28, 2025 - Aug 8, 2025
#11	-4.87% Dec 2, 2024 - Feb 14, 2025	-1.60% Jan 27, 2026 - Feb 25, 2026
#12	-4.63% Jul 24, 2019 - Sep 19, 2019	-1.55% Jan 12, 2026 - Jan 27, 2026
#13	-4.52% Jan 16, 2026 - Apr 15, 2026	-1.53% Oct 18, 2024 - Nov 6, 2024
#14	-4.46% May 1, 2026 - Jun 5, 2026	-1.40% Dec 28, 2023 - Jan 10, 2024
#15	-4.42% Feb 21, 2017 - Apr 25, 2017	-1.29% Dec 11, 2025 - Dec 22, 2025