FCG vs. HAIL

Last updated Jun 4, 2026

FCG (First Trust Natural Gas ETF) and HAIL (SPDR S&P Kensho Smart Mobility ETF) are both exchange-traded funds - FCG is a Energy Equities fund tracking the ISE-Revere Natural Gas Index, while HAIL is a Global Equities fund tracking the S&P Kensho Smart Transportation Index. Both are passively managed. Over the past 5 years, FCG returned 16.52%/yr vs -5.36%/yr for HAIL. At a 0.41 correlation, their price movements are largely independent. FCG charges 0.60%/yr vs 0.45%/yr for HAIL.

Performance

FCG vs. HAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Natural Gas ETF (FCG) and SPDR S&P Kensho Smart Mobility ETF (HAIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCG achieves a 27.71% return, which is significantly lower than HAIL's 31.10% return.

FCG

• 1D: 1.02%
• 1M: -6.03%
• YTD: 27.71%
• 6M: 20.12%
• 1Y: 32.99%
• 3Y*: 12.75%
• 5Y*: 16.52%
• 10Y*: 4.65%

HAIL

• 1D: -2.34%
• 1M: 16.87%
• YTD: 31.10%
• 6M: 29.05%
• 1Y: 58.23%
• 3Y*: 15.38%
• 5Y*: -5.36%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FCG vs. HAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCG First Trust Natural Gas ETF	27.71%	-2.28%	4.16%	2.55%	47.24%	98.49%	-23.20%	-15.76%	-34.81%	0.18%
HAIL SPDR S&P Kensho Smart Mobility ETF	31.10%	19.62%	-6.98%	9.65%	-45.72%	1.95%	84.33%	30.63%	-19.96%	-0.65%

Correlation

The correlation between FCG and HAIL is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Dec 28, 2017	0.41

The correlation between FCG and HAIL shifts across timeframes, from -0.01 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.

FCG vs. HAIL - Sectors Allocation Comparison

Sectors	FCG	HAIL
Energy	99.2%	4.4%
Technology	0.8%	33.1%
Basic Materials	-	1.2%
Communication Services	-	4.9%
Consumer Cyclical	-	34.2%
Consumer Defensive	-	-
Financial Services	-	1.9%
Healthcare	-	-
Industrials	-	20.2%
Real Estate	-	-
Utilities	-	-

Return for Risk

FCG vs. HAIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCG

FCG Risk / Return Rank: 36
FCG Sharpe Ratio Rank: 34
FCG Sortino Ratio Rank: 31
FCG Omega Ratio Rank: 30
FCG Calmar Ratio Rank: 51
FCG Martin Ratio Rank: 36

HAIL

HAIL Risk / Return Rank: 57
HAIL Sharpe Ratio Rank: 59
HAIL Sortino Ratio Rank: 55
HAIL Omega Ratio Rank: 51
HAIL Calmar Ratio Rank: 63
HAIL Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCG vs. HAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Natural Gas ETF (FCG) and SPDR S&P Kensho Smart Mobility ETF (HAIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FCG	HAIL	Difference
Sharpe ratio: Return per unit of total volatility	1.24	2.00	-0.76
Sortino ratio: Return per unit of downside risk	1.69	2.64	-0.95
Omega ratio: Gain probability vs. loss probability	1.21	1.32	-0.11
Calmar ratio: Return relative to maximum drawdown	2.54	3.14	-0.60
Martin ratio: Return relative to average drawdown	5.56	9.49	-3.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCG vs. HAIL - Sharpe Ratio Comparison

The current FCG Sharpe Ratio is 1.24, which is lower than the HAIL Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of FCG and HAIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FCG	HAIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	2.00	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	-0.17	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.20	-0.31

Drawdowns

FCG vs. HAIL - Drawdown Comparison

The maximum FCG drawdown since its inception was -97.20%, which is greater than HAIL's maximum drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for FCG and HAIL.

Drawdown Indicators

	FCG	HAIL	Difference
Max Drawdown Largest peak-to-trough decline	-97.20%	-65.98%	-31.22%
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	-18.64%	+5.57%
Max Drawdown (3Y) Largest decline over 3 years	-29.44%	-40.96%	+11.52%
Max Drawdown (5Y) Largest decline over 5 years	-33.33%	-63.12%	+29.79%
Max Drawdown (10Y) Largest decline over 10 years	-85.04%	—	—
Current Drawdown Current decline from peak	-74.25%	-30.85%	-43.40%
Average Drawdown Average peak-to-trough decline	-65.38%	-31.60%	-33.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.95%	6.15%	-0.20%

Volatility

FCG vs. HAIL - Volatility Comparison

The current volatility for First Trust Natural Gas ETF (FCG) is 9.60%, while SPDR S&P Kensho Smart Mobility ETF (HAIL) has a volatility of 10.80%. This indicates that FCG experiences smaller price fluctuations and is considered to be less risky than HAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCG	HAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	10.80%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	20.15%	22.28%	-2.13%
Volatility (1Y) Calculated over the trailing 1-year period	26.75%	29.32%	-2.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.46%	31.80%	+1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.30%	31.73%	+6.57%

FCG vs. HAIL - Expense Ratio Comparison

FCG has a 0.60% expense ratio, which is higher than HAIL's 0.45% expense ratio.

Dividends

FCG vs. HAIL - Dividend Comparison

FCG's dividend yield for the trailing twelve months is around 2.15%, more than HAIL's 1.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCG First Trust Natural Gas ETF	2.15%	2.86%	2.76%	3.25%	3.04%	1.73%	3.82%	2.87%	1.46%	1.56%	1.70%	4.79%
HAIL SPDR S&P Kensho Smart Mobility ETF	1.44%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FCG and HAIL in my portfolio?

FCG and HAIL have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCG or HAIL?

HAIL has higher volatility (10.80%) compared to FCG (9.60%). In terms of maximum drawdown, FCG dropped -97.20% vs HAIL's -65.98%.

Which ETF is better, FCG or HAIL?

On 5-year performance, FCG leads with 16.52% vs -5.36% for HAIL. On fees, HAIL is cheaper at 0.45% per year. On volatility, FCG has been the lower-risk option at 9.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FCG or HAIL?

Over the 5-year period, FCG has performed better with a 16.52% return vs -5.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FCG or HAIL?

HAIL is cheaper with a 0.45% expense ratio, compared with 0.60% for FCG.

Which ETF pays a higher dividend yield, FCG or HAIL?

FCG has the higher dividend yield at 2.15%, compared with 1.44% for HAIL.

What is the main difference between FCG and HAIL?

FCG is categorized as Energy Equities, while HAIL is Global Equities. FCG tracks ISE-Revere Natural Gas Index, while HAIL tracks S&P Kensho Smart Transportation Index. They also come from different issuers: First Trust and State Street. Their fees differ too: 0.60% for FCG and 0.45% for HAIL.

Which has better risk-adjusted returns?

HAIL currently has the higher Sharpe Ratio (2.00 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.