HAIL vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR S&P Kensho Smart Mobility ETF (HAIL) and S&P 500 Index (^GSPC).

HAIL is a passively managed fund by State Street that tracks the performance of the S&P Kensho Smart Transportation Index. It was launched on Dec 26, 2017.

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 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

HAIL vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HAIL SPDR S&P Kensho Smart Mobility ETF	-0.85%	19.62%	-6.98%	9.65%	-45.72%	1.95%	84.33%	30.63%	-19.96%	-0.65%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	-0.34%

Returns By Period

In the year-to-date period, HAIL achieves a -0.85% return, which is significantly higher than ^GSPC's -3.95% return.

HAIL

• 1D: 1.51%
• 1M: -5.58%
• YTD: -0.85%
• 6M: -7.17%
• 1Y: 29.11%
• 3Y*: 3.74%
• 5Y*: -10.04%
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

HAIL vs. ^GSPC — Risk / Return Rank

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

HAIL

HAIL Risk / Return Rank: 49
HAIL Sharpe Ratio Rank: 46
HAIL Sortino Ratio Rank: 51
HAIL Omega Ratio Rank: 43
HAIL Calmar Ratio Rank: 59
HAIL Martin Ratio Rank: 46

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

HAIL vs. ^GSPC - Risk-Adjusted Trends Comparison

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

	HAIL	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.90	0.92	-0.02
Sortino ratio Return per unit of downside risk	1.42	1.41	+0.01
Omega ratio Gain probability vs. loss probability	1.18	1.21	-0.04
Calmar ratio Return relative to maximum drawdown	1.62	1.41	+0.20
Martin ratio Return relative to average drawdown	4.62	6.61	-1.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAIL vs. ^GSPC - Sharpe Ratio Comparison

The current HAIL Sharpe Ratio is 0.90, which is comparable to the ^GSPC Sharpe Ratio of 0.92. 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.

Sharpe Ratios by Period

	HAIL	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.92	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	0.61	-0.93
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.46	-0.36

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.

Drawdowns

HAIL vs. ^GSPC - Drawdown Comparison

The maximum HAIL drawdown since its inception was -65.98%, 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.

Drawdown Indicators

	HAIL	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-56.78%	-9.20%
Max Drawdown (1Y) Largest decline over 1 year	-18.64%	-12.14%	-6.50%
Max Drawdown (5Y) Largest decline over 5 years	-63.12%	-25.43%	-37.69%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-47.70%	-5.78%	-41.92%
Average Drawdown Average peak-to-trough decline	-31.44%	-10.75%	-20.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	2.60%	+3.91%

Volatility

HAIL vs. ^GSPC - Volatility Comparison

SPDR S&P Kensho Smart Mobility ETF (HAIL) has a higher volatility of 11.29% compared to S&P 500 Index (^GSPC) at 5.37%. 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.

Volatility by Period

	HAIL	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.29%	5.37%	+5.92%
Volatility (6M) Calculated over the trailing 6-month period	22.87%	9.55%	+13.32%
Volatility (1Y) Calculated over the trailing 1-year period	32.67%	18.33%	+14.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.53%	16.90%	+14.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.70%	18.05%	+13.65%