PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
HAIL vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between HAIL and ^GSPC is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

HAIL vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Smart Mobility ETF (HAIL) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
5.16%
9.66%
HAIL
^GSPC

Key characteristics

Sharpe Ratio

HAIL:

-0.18

^GSPC:

2.07

Sortino Ratio

HAIL:

-0.07

^GSPC:

2.76

Omega Ratio

HAIL:

0.99

^GSPC:

1.39

Calmar Ratio

HAIL:

-0.08

^GSPC:

3.05

Martin Ratio

HAIL:

-0.42

^GSPC:

13.27

Ulcer Index

HAIL:

11.46%

^GSPC:

1.95%

Daily Std Dev

HAIL:

26.85%

^GSPC:

12.52%

Max Drawdown

HAIL:

-61.76%

^GSPC:

-56.78%

Current Drawdown

HAIL:

-55.70%

^GSPC:

-1.91%

Returns By Period

In the year-to-date period, HAIL achieves a -6.55% return, which is significantly lower than ^GSPC's 25.25% return.


HAIL

YTD

-6.55%

1M

2.34%

6M

5.16%

1Y

-5.63%

5Y*

1.00%

10Y*

N/A

^GSPC

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

HAIL vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and S&P 500 (^GSPC). 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.


Sharpe ratio
The chart of Sharpe ratio for HAIL, currently valued at -0.18, compared to the broader market0.002.004.00-0.182.07
The chart of Sortino ratio for HAIL, currently valued at -0.07, compared to the broader market-2.000.002.004.006.008.0010.00-0.072.76
The chart of Omega ratio for HAIL, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.000.991.39
The chart of Calmar ratio for HAIL, currently valued at -0.08, compared to the broader market0.005.0010.0015.00-0.083.05
The chart of Martin ratio for HAIL, currently valued at -0.42, compared to the broader market0.0020.0040.0060.0080.00100.00-0.4213.27
HAIL
^GSPC

The current HAIL Sharpe Ratio is -0.18, which is lower than the ^GSPC Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of HAIL and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.18
2.07
HAIL
^GSPC

Drawdowns

HAIL vs. ^GSPC - Drawdown Comparison

The maximum HAIL drawdown since its inception was -61.76%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HAIL and ^GSPC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-55.70%
-1.91%
HAIL
^GSPC

Volatility

HAIL vs. ^GSPC - Volatility Comparison

SPDR S&P Kensho Smart Mobility ETF (HAIL) has a higher volatility of 8.30% compared to S&P 500 (^GSPC) at 3.82%. This indicates that HAIL's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.30%
3.82%
HAIL
^GSPC
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab