HAIL vs. ITB
Compare and contrast key facts about SPDR S&P Kensho Smart Mobility ETF (HAIL) and iShares U.S. Home Construction ETF (ITB).
HAIL and ITB 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. ITB is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Home Construction Index. It was launched on May 1, 2006. Both HAIL and ITB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAIL or ITB.
Key characteristics
| HAIL | ITB | |
|---|---|---|
| YTD Return | -12.67% | 17.24% |
| 1Y Return | -0.57% | 46.95% |
| 3Y Return (Ann) | -22.83% | 17.80% |
| 5Y Return (Ann) | 0.74% | 22.49% |
| Sharpe Ratio | 0.08 | 1.94 |
| Sortino Ratio | 0.31 | 2.71 |
| Omega Ratio | 1.03 | 1.33 |
| Calmar Ratio | 0.04 | 3.30 |
| Martin Ratio | 0.21 | 8.74 |
| Ulcer Index | 10.79% | 5.91% |
| Daily Std Dev | 27.32% | 26.54% |
| Max Drawdown | -61.75% | -86.53% |
| Current Drawdown | -58.60% | -8.08% |
Correlation
The correlation between HAIL and ITB is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HAIL vs. ITB - Performance Comparison
In the year-to-date period, HAIL achieves a -12.67% return, which is significantly lower than ITB's 17.24% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HAIL vs. ITB - Expense Ratio Comparison
HAIL has a 0.45% expense ratio, which is higher than ITB's 0.42% expense ratio.
Risk-Adjusted Performance
HAIL vs. ITB - 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 U.S. Home Construction ETF (ITB). 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.
Dividends
HAIL vs. ITB - Dividend Comparison
HAIL's dividend yield for the trailing twelve months is around 3.08%, more than ITB's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAIL SPDR S&P Kensho Smart Mobility ETF | 3.08% | 2.62% | 2.09% | 1.36% | 0.52% | 1.17% | 2.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITB iShares U.S. Home Construction ETF | 0.39% | 0.48% | 0.86% | 0.37% | 0.46% | 0.50% | 0.63% | 0.28% | 0.43% | 0.34% | 0.34% | 0.12% |
Drawdowns
HAIL vs. ITB - Drawdown Comparison
The maximum HAIL drawdown since its inception was -61.75%, smaller than the maximum ITB drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for HAIL and ITB. For additional features, visit the drawdowns tool.
Volatility
HAIL vs. ITB - Volatility Comparison
SPDR S&P Kensho Smart Mobility ETF (HAIL) and iShares U.S. Home Construction ETF (ITB) have volatilities of 7.48% and 7.27%, 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.