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HAIL vs. IDRV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HAIL vs. IDRV - 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 Self-driving EV & Tech ETF (IDRV). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-4.10%
-3.81%
HAIL
IDRV

Returns By Period

In the year-to-date period, HAIL achieves a -10.30% return, which is significantly higher than IDRV's -16.91% return.


HAIL

YTD

-10.30%

1M

-0.63%

6M

-2.50%

1Y

1.43%

5Y (annualized)

1.31%

10Y (annualized)

N/A

IDRV

YTD

-16.91%

1M

-1.65%

6M

-1.96%

1Y

-10.58%

5Y (annualized)

3.92%

10Y (annualized)

N/A

Key characteristics


HAILIDRV
Sharpe Ratio0.06-0.41
Sortino Ratio0.28-0.42
Omega Ratio1.030.95
Calmar Ratio0.03-0.22
Martin Ratio0.16-0.73
Ulcer Index11.14%14.99%
Daily Std Dev26.84%26.78%
Max Drawdown-61.75%-50.37%
Current Drawdown-57.48%-44.94%

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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%

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.

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.


Sharpe ratio
The chart of Sharpe ratio for HAIL, currently valued at 0.06, compared to the broader market0.002.004.000.06-0.41
The chart of Sortino ratio for HAIL, currently valued at 0.28, compared to the broader market-2.000.002.004.006.008.0010.0012.000.28-0.42
The chart of Omega ratio for HAIL, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.001.030.95
The chart of Calmar ratio for HAIL, currently valued at 0.03, compared to the broader market0.005.0010.0015.000.03-0.22
The chart of Martin ratio for HAIL, currently valued at 0.16, compared to the broader market0.0020.0040.0060.0080.00100.000.16-0.73
HAIL
IDRV

The current HAIL Sharpe Ratio is 0.06, which is higher than the IDRV Sharpe Ratio of -0.41. 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
0.06
-0.41
HAIL
IDRV

Dividends

HAIL vs. IDRV - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 3.00%, more than IDRV's 2.54% yield.


TTM202320222021202020192018
HAIL
SPDR S&P Kensho Smart Mobility ETF
3.00%2.62%2.09%1.36%0.52%1.17%2.54%
IDRV
iShares Self-driving EV & Tech ETF
2.54%2.17%2.29%1.12%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
-57.48%
-44.94%
HAIL
IDRV

Volatility

HAIL vs. IDRV - Volatility Comparison

The current volatility for SPDR S&P Kensho Smart Mobility ETF (HAIL) is 7.92%, while iShares Self-driving EV & Tech ETF (IDRV) has a volatility of 8.44%. This indicates that HAIL experiences smaller price fluctuations and is considered to be less risky than IDRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
7.92%
8.44%
HAIL
IDRV