HIPS vs RAA
GraniteShares HIPS US High Income ETF compared with SMI 3Fourteen REAL Asset Allocation ETF on yield, payout growth, payment schedule, cost and risk.
HIPS
GraniteShares HIPS US High Income ETF
TTM yield · Monthly
RAA
SMI 3Fourteen REAL Asset Allocation ETF
TTM yield · Quarterly
Quick take
- HIPS yields more today: 12.40% vs 1.66% (forward).
- HIPS pays every month; RAA pays every quarter.
- Over the last year RAA delivered the higher total return: +11.8% vs -1.3% (price change plus payouts).
- RAA is cheaper to own: 0.90% vs 1.17% expense ratio.
- HIPS has the steadier distribution: consistency 100/100 vs 74/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HIPS | RAA |
|---|---|---|
| Share price | $10.45 | $30.06 |
| TTM yield | 11.37% | 0.92% |
| Forward yield | 12.40% | 1.66% |
| Annual payout per share | $1.296 | $0.50 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 26, 2026 (est.) | Dec 16, 2026 (est.) |
| Expense ratio | 1.17% | 0.90% |
| 1-year payout growth | -8.3% | — |
| 5-year payout CAGR | -1.7% | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 100/100 | 74/100 |
| 1-year total return | -1.3% | +11.8% |
| 1-year price return | -11.4% | +10.8% |
| Size (market cap / AUM) | 104.3M | 626.1M |
| Years paying | 11.7 | 1.4 |
| Sector / category | Moderate Allocation | Moderate 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
| HIPS | RAA | |
|---|---|---|
| Shares | 956.9 | 332.7 |
| Income per year | $1,240 | $166 |
| Income per month (avg) | $103 | $14 |
At forward yields, before taxes. Model HIPS · Model RAA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HIPS Oct 26, 2026 | Nov 9, 2026 | $0.108 | Est. |
| HIPS Nov 25, 2026 | Dec 9, 2026 | $0.108 | Est. |
| HIPS Dec 25, 2026 | Jan 8, 2027 | $0.108 | Est. |
| RAA Dec 16, 2026 | Dec 17, 2026 | $0.125 | Est. |
| RAA Mar 17, 2027 | Mar 18, 2027 | $0.125 | Est. |
| RAA Jun 16, 2027 | Jun 17, 2027 | $0.125 | Est. |
Annual payouts per share
HIPSRAA
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, HIPS or RAA?
HIPS currently has the higher trailing yield: HIPS yields 11.37% and RAA yields 0.92%. Yield changes daily with price, so check the live figures above.
How often do HIPS and RAA pay?
HIPS pays every month and RAA pays every quarter. HIPS's next ex-date is Oct 26, 2026 and RAA's is Dec 16, 2026.
Is HIPS or RAA better for income?
It depends on what you are optimising for. HIPS and RAA 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.