HAIL vs. GLDM
Compare and contrast key facts about SPDR S&P Kensho Smart Mobility ETF (HAIL) and SPDR Gold MiniShares Trust (GLDM).
HAIL and GLDM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018. Both HAIL and GLDM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HAIL vs. GLDM - Performance Comparison
Loading graphics...
HAIL vs. GLDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HAIL SPDR S&P Kensho Smart Mobility ETF | -0.85% | 19.62% | -6.98% | 9.65% | -45.72% | 1.95% | 84.33% | 30.63% | -20.85% |
GLDM SPDR Gold MiniShares Trust | 10.46% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.84% |
Returns By Period
In the year-to-date period, HAIL achieves a -0.85% return, which is significantly lower than GLDM's 10.46% return.
HAIL
- 1D
- 1.51%
- 1M
- -5.58%
- YTD
- -0.85%
- 6M
- -7.17%
- 1Y
- 29.11%
- 3Y*
- 3.74%
- 5Y*
- -10.04%
- 10Y*
- —
GLDM
- 1D
- 1.74%
- 1M
- -10.65%
- YTD
- 10.46%
- 6M
- 23.17%
- 1Y
- 52.61%
- 3Y*
- 34.09%
- 5Y*
- 22.33%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HAIL vs. GLDM - Expense Ratio Comparison
HAIL has a 0.45% expense ratio, which is higher than GLDM's 0.10% expense ratio.
Return for Risk
HAIL vs. GLDM — Risk / Return Rank
HAIL
GLDM
HAIL vs. GLDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and SPDR Gold MiniShares Trust (GLDM). 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 | GLDM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.92 | -1.02 |
Sortino ratioReturn per unit of downside risk | 1.42 | 2.35 | -0.93 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.35 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 2.74 | -1.12 |
Martin ratioReturn relative to average drawdown | 4.62 | 10.04 | -5.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HAIL | GLDM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.92 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | 1.27 | -1.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 1.11 | -1.01 |
Correlation
The correlation between HAIL and GLDM is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HAIL vs. GLDM - Dividend Comparison
HAIL's dividend yield for the trailing twelve months is around 1.91%, while GLDM has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HAIL SPDR S&P Kensho Smart Mobility ETF | 1.91% | 2.00% | 2.98% | 2.62% | 2.09% | 1.36% | 0.52% | 1.17% | 2.54% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HAIL vs. GLDM - Drawdown Comparison
The maximum HAIL drawdown since its inception was -65.98%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for HAIL and GLDM.
Loading graphics...
Drawdown Indicators
| HAIL | GLDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.98% | -21.63% | -44.35% |
Max Drawdown (1Y)Largest decline over 1 year | -18.64% | -19.14% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -63.12% | -20.92% | -42.20% |
Current DrawdownCurrent decline from peak | -47.70% | -11.68% | -36.02% |
Average DrawdownAverage peak-to-trough decline | -31.44% | -6.05% | -25.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 5.22% | +1.29% |
Volatility
HAIL vs. GLDM - Volatility Comparison
SPDR S&P Kensho Smart Mobility ETF (HAIL) has a higher volatility of 11.29% compared to SPDR Gold MiniShares Trust (GLDM) at 10.44%. This indicates that HAIL's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HAIL | GLDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.29% | 10.44% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 22.87% | 24.12% | -1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.67% | 27.58% | +5.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.53% | 17.65% | +13.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.70% | 16.78% | +14.92% |