HAIL vs. BDVL

Last updated Jun 3, 2026

HAIL (SPDR S&P Kensho Smart Mobility ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - HAIL tracks the S&P Kensho Smart Transportation Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. HAIL charges 0.45%/yr vs 0.40%/yr for BDVL.

Performance

HAIL vs. BDVL - Performance Comparison

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

Returns By Period

In the year-to-date period, HAIL achieves a 34.24% return, which is significantly higher than BDVL's 5.17% return.

HAIL

• 1D: 3.04%
• 1M: 18.49%
• YTD: 34.24%
• 6M: 34.66%
• 1Y: 65.65%
• 3Y*: 16.30%
• 5Y*: -4.71%
• 10Y*: —

BDVL

• 1D: 0.24%
• 1M: 1.11%
• YTD: 5.17%
• 6M: 6.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HAIL vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
HAIL SPDR S&P Kensho Smart Mobility ETF	34.24%	-1.89%
BDVL iShares Disciplined Volatility Equity Active ETF	5.17%	1.97%

Correlation

The correlation between HAIL and BDVL is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.60

HAIL vs. BDVL - Sectors Allocation Comparison

Sectors	HAIL	BDVL
Consumer Cyclical	34.2%	8.5%
Technology	33.1%	23.0%
Industrials	20.2%	15.4%
Communication Services	4.9%	10.7%
Energy	4.4%	2.8%
Financial Services	1.9%	13.9%
Basic Materials	1.2%	2.6%
Consumer Defensive	-	6.3%
Healthcare	-	11.1%
Real Estate	-	1.0%
Utilities	-	4.8%

Return for Risk

HAIL vs. BDVL — Risk / Return Rank

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

HAIL

HAIL Risk / Return Rank: 62
HAIL Sharpe Ratio Rank: 67
HAIL Sortino Ratio Rank: 61
HAIL Omega Ratio Rank: 56
HAIL Calmar Ratio Rank: 68
HAIL Martin Ratio Rank: 58

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. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and iShares Disciplined Volatility Equity Active ETF (BDVL). 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	BDVL	Difference
Sharpe ratio Return per unit of total volatility	2.26	—	—
Sortino ratio Return per unit of downside risk	2.90	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	3.44	—	—
Martin ratio Return relative to average drawdown	10.42	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HAIL	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	1.09	-0.88

Drawdowns

HAIL vs. BDVL - Drawdown Comparison

The maximum HAIL drawdown since its inception was -65.98%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for HAIL and BDVL.

Drawdown Indicators

	HAIL	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-7.71%	-58.27%
Max Drawdown (1Y) Largest decline over 1 year	-18.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-40.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.12%	—	—
Current Drawdown Current decline from peak	-29.19%	-0.51%	-28.68%
Average Drawdown Average peak-to-trough decline	-31.60%	-1.19%	-30.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.15%	—	—

Volatility

Volatility by Period

	HAIL	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.23%	9.50%	+19.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.79%	9.50%	+22.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.73%	9.50%	+22.23%

HAIL vs. BDVL - Expense Ratio Comparison

HAIL has a 0.45% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

HAIL vs. BDVL - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 1.41%, less than BDVL's 2.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BDVL iShares Disciplined Volatility Equity Active ETF	2.65%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HAIL SPDR S&P Kensho Smart Mobility ETF	1.41%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%

Frequently Asked Questions

Can I hold both HAIL and BDVL in my portfolio?

HAIL and BDVL have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HAIL or BDVL?

On fees, BDVL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HAIL or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.45% for HAIL.

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

BDVL has the higher dividend yield at 2.65%, compared with 1.41% for HAIL.

What is the main difference between HAIL and BDVL?

HAIL tracks S&P Kensho Smart Transportation Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.45% for HAIL and 0.40% for BDVL.