CVY vs HIPS
Invesco Zacks Multi-Asset Income ETF compared with GraniteShares HIPS US High Income ETF on yield, payout growth, payment schedule, cost and risk.
CVY
Invesco Zacks Multi-Asset Income ETF
TTM yield · Quarterly
HIPS
GraniteShares HIPS US High Income ETF
TTM yield · Monthly
Quick take
- HIPS yields more today: 11.02% vs 5.71% (forward).
- CVY has grown its payout faster: 20.9%/yr vs 0.0%/yr over the last 5 years.
- CVY pays every quarter; HIPS pays every month.
- Over the last year CVY delivered the higher total return: +16.9% vs +7.0% (price change plus payouts).
- CVY is cheaper to own: 1.15% vs 1.17% expense ratio.
- HIPS has the steadier distribution: consistency 100/100 vs 78/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CVY | HIPS |
|---|---|---|
| Share price | $30.46 | $11.76 |
| TTM yield | 4.09% | 11.02% |
| Forward yield | 5.71% | 11.02% |
| Annual payout per share | $1.74 | $1.296 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Sep 21, 2026 (est.) | Sep 26, 2026 (est.) |
| Expense ratio | 1.15% | 1.17% |
| 1-year payout growth | +29.0% | +0.0% |
| 5-year payout CAGR | +20.9% | +0.0% |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 78/100 | 100/100 |
| 1-year total return | +16.9% | +7.0% |
| 1-year price return | +12.3% | -3.6% |
| Size (market cap / AUM) | 125.5M | 122.8M |
| Years paying | 19.7 | 11.6 |
| Sector / category | Aggressive Allocation | Aggressive Allocation |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CVY | HIPS | |
|---|---|---|
| Shares | 328.3 | 850.3 |
| Income per year | $571 | $1,102 |
| Income per month (avg) | $48 | $92 |
At forward yields, before taxes. Model CVY · Model HIPS
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CVY Sep 21, 2026 | Oct 5, 2026 | $0.435 | Est. |
| CVY Dec 21, 2026 | Jan 4, 2027 | $0.435 | Est. |
| CVY Mar 22, 2027 | Apr 5, 2027 | $0.435 | Est. |
| HIPS Sep 26, 2026 | Oct 10, 2026 | $0.108 | Est. |
| HIPS Oct 26, 2026 | Nov 9, 2026 | $0.108 | Est. |
| HIPS Nov 25, 2026 | Dec 9, 2026 | $0.108 | Est. |
Annual payouts per share
CVYHIPS
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CVY or HIPS?
HIPS currently has the higher trailing yield: CVY yields 4.09% and HIPS yields 11.02%. Yield changes daily with price, so check the live figures above.
How often do CVY and HIPS pay?
CVY pays every quarter and HIPS pays every month. CVY's next ex-date is Sep 21, 2026 and HIPS's is Sep 26, 2026.
Which has grown its dividend faster, CVY or HIPS?
CVY has grown its payout faster: 20.9%/yr vs 0.0%/yr over the last 5 years.
Is CVY or HIPS better for income?
It depends on what you are optimising for. CVY and HIPS differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.