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

Correlation

The correlation between HAIL and ITB is 0.57, 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.


-0.50.00.51.00.6

Performance

HAIL vs. ITB - 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 U.S. Home Construction ETF (ITB). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
7.38%
149.39%
HAIL
ITB

Key characteristics

Sharpe Ratio

HAIL:

-0.12

ITB:

0.19

Sortino Ratio

HAIL:

0.02

ITB:

0.45

Omega Ratio

HAIL:

1.00

ITB:

1.05

Calmar Ratio

HAIL:

-0.05

ITB:

0.24

Martin Ratio

HAIL:

-0.29

ITB:

0.70

Ulcer Index

HAIL:

11.44%

ITB:

6.89%

Daily Std Dev

HAIL:

26.94%

ITB:

26.16%

Max Drawdown

HAIL:

-61.75%

ITB:

-86.53%

Current Drawdown

HAIL:

-56.18%

ITB:

-19.11%

Returns By Period

In the year-to-date period, HAIL achieves a -7.57% return, which is significantly lower than ITB's 3.16% return.


HAIL

YTD

-7.57%

1M

3.97%

6M

4.13%

1Y

-5.90%

5Y*

0.78%

10Y*

N/A

ITB

YTD

3.16%

1M

-10.96%

6M

1.89%

1Y

3.73%

5Y*

19.22%

10Y*

15.87%

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. ITB - Expense Ratio Comparison

HAIL has a 0.45% expense ratio, which is higher than ITB's 0.42% expense ratio.


HAIL
SPDR S&P Kensho Smart Mobility ETF
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%
Expense ratio chart for ITB: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

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.


Sharpe ratio
The chart of Sharpe ratio for HAIL, currently valued at -0.12, compared to the broader market0.002.004.00-0.120.19
The chart of Sortino ratio for HAIL, currently valued at 0.02, compared to the broader market-2.000.002.004.006.008.0010.000.020.45
The chart of Omega ratio for HAIL, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.05
The chart of Calmar ratio for HAIL, currently valued at -0.05, compared to the broader market0.005.0010.0015.00-0.050.24
The chart of Martin ratio for HAIL, currently valued at -0.29, compared to the broader market0.0020.0040.0060.0080.00100.00-0.290.70
HAIL
ITB

The current HAIL Sharpe Ratio is -0.12, which is lower than the ITB Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of HAIL and ITB, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.12
0.19
HAIL
ITB

Dividends

HAIL vs. ITB - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 1.97%, more than ITB's 0.45% yield.


TTM20232022202120202019201820172016201520142013
HAIL
SPDR S&P Kensho Smart Mobility ETF
1.97%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
0.45%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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-56.18%
-19.11%
HAIL
ITB

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 8.28% and 8.60%, 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.


6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.28%
8.60%
HAIL
ITB
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab