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

Key characteristics


HAILIDRV
YTD Return-12.74%-15.86%
1Y Return-0.66%-9.28%
3Y Return (Ann)-22.71%-17.24%
5Y Return (Ann)0.49%3.91%
Sharpe Ratio0.23-0.12
Sortino Ratio0.520.02
Omega Ratio1.061.00
Calmar Ratio0.10-0.06
Martin Ratio0.59-0.22
Ulcer Index10.75%14.52%
Daily Std Dev27.72%27.37%
Max Drawdown-61.75%-50.37%
Current Drawdown-58.63%-44.24%

Correlation

-0.50.00.51.00.9

The correlation between HAIL and IDRV is 0.88, 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.

Performance

HAIL vs. IDRV - Performance Comparison

In the year-to-date period, HAIL achieves a -12.74% return, which is significantly higher than IDRV's -15.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
-0.18%
25.35%
HAIL
IDRV

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. IDRV - Expense Ratio Comparison

HAIL has a 0.45% expense ratio, which is lower than IDRV's 0.47% expense ratio.


IDRV
iShares Self-driving EV & Tech ETF
Expense ratio chart for IDRV: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%
Expense ratio chart for HAIL: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

HAIL vs. IDRV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and iShares Self-driving EV & Tech ETF (IDRV). 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
Sharpe ratio
The chart of Sharpe ratio for HAIL, currently valued at 0.23, compared to the broader market-2.000.002.004.006.000.23
Sortino ratio
The chart of Sortino ratio for HAIL, currently valued at 0.52, compared to the broader market0.005.0010.000.52
Omega ratio
The chart of Omega ratio for HAIL, currently valued at 1.06, compared to the broader market1.001.502.002.503.003.501.06
Calmar ratio
The chart of Calmar ratio for HAIL, currently valued at 0.10, compared to the broader market0.005.0010.0015.0020.000.10
Martin ratio
The chart of Martin ratio for HAIL, currently valued at 0.59, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.59
IDRV
Sharpe ratio
The chart of Sharpe ratio for IDRV, currently valued at -0.12, compared to the broader market-2.000.002.004.006.00-0.12
Sortino ratio
The chart of Sortino ratio for IDRV, currently valued at 0.02, compared to the broader market0.005.0010.000.02
Omega ratio
The chart of Omega ratio for IDRV, currently valued at 1.00, compared to the broader market1.001.502.002.503.003.501.00
Calmar ratio
The chart of Calmar ratio for IDRV, currently valued at -0.06, compared to the broader market0.005.0010.0015.0020.00-0.06
Martin ratio
The chart of Martin ratio for IDRV, currently valued at -0.22, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.22

HAIL vs. IDRV - Sharpe Ratio Comparison

The current HAIL Sharpe Ratio is 0.23, which is higher than the IDRV Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of HAIL and IDRV, 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-1.50-1.00-0.500.000.50JuneJulyAugustSeptemberOctoberNovember
0.23
-0.12
HAIL
IDRV

Dividends

HAIL vs. IDRV - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 3.08%, more than IDRV's 2.51% yield.


TTM202320222021202020192018
HAIL
SPDR S&P Kensho Smart Mobility ETF
3.08%2.62%2.09%1.36%0.52%1.17%2.54%
IDRV
iShares Self-driving EV & Tech ETF
2.51%2.17%2.29%1.11%0.69%1.29%0.00%

Drawdowns

HAIL vs. IDRV - Drawdown Comparison

The maximum HAIL drawdown since its inception was -61.75%, which is greater than IDRV's maximum drawdown of -50.37%. Use the drawdown chart below to compare losses from any high point for HAIL and IDRV. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%-45.00%-40.00%JuneJulyAugustSeptemberOctoberNovember
-58.63%
-44.24%
HAIL
IDRV

Volatility

HAIL vs. IDRV - Volatility Comparison

SPDR S&P Kensho Smart Mobility ETF (HAIL) and iShares Self-driving EV & Tech ETF (IDRV) have volatilities of 7.84% and 7.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
7.84%
7.80%
HAIL
IDRV