HAIL vs. KARS

Last updated Jun 23, 2026

HAIL (SPDR S&P Kensho Smart Mobility ETF) and KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) are both exchange-traded funds - HAIL is a Global Equities fund tracking the S&P Kensho Smart Transportation Index, while KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index. Both are passively managed. Over the past 5 years, HAIL returned -6.30%/yr vs -3.75%/yr for KARS. A 0.77 correlation means they provide meaningful diversification when combined. HAIL charges 0.45%/yr vs 0.72%/yr for KARS.

Performance

HAIL vs. KARS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Smart Mobility ETF (HAIL) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAIL achieves a 20.85% return, which is significantly higher than KARS's 9.74% return.

HAIL

• 1D: -1.16%
• 1M: -1.13%
• YTD: 20.85%
• 6M: 16.53%
• 1Y: 43.03%
• 3Y*: 11.17%
• 5Y*: -6.30%
• 10Y*: —

KARS

• 1D: -0.37%
• 1M: -5.56%
• YTD: 9.74%
• 6M: 9.13%
• 1Y: 58.53%
• 3Y*: 4.50%
• 5Y*: -3.75%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HAIL vs. KARS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HAIL SPDR S&P Kensho Smart Mobility ETF	20.85%	19.62%	-6.98%	9.65%	-45.72%	1.95%	84.33%	30.63%	-24.33%
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	9.74%	46.04%	-17.88%	-7.85%	-39.20%	24.11%	71.17%	34.66%	-28.04%

Correlation

The correlation between HAIL and KARS is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jan 19, 2018	0.77

The correlation between HAIL and KARS has been stable across timeframes, ranging from 0.67 to 0.77 - a consistent structural relationship.

HAIL vs. KARS - Sectors Allocation Comparison

Sectors	HAIL	KARS
Technology	39.4%	19.0%
Consumer Cyclical	32.6%	33.5%
Industrials	21.0%	22.1%
Communication Services	4.8%	-
Financial Services	3.1%	-
Basic Materials	1.2%	25.4%
Energy	1.1%	-
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

HAIL vs. KARS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HAIL

HAIL Risk / Return Rank: 42
HAIL Sharpe Ratio Rank: 41
HAIL Sortino Ratio Rank: 39
HAIL Omega Ratio Rank: 38
HAIL Calmar Ratio Rank: 48
HAIL Martin Ratio Rank: 42

KARS

KARS Risk / Return Rank: 67
KARS Sharpe Ratio Rank: 69
KARS Sortino Ratio Rank: 58
KARS Omega Ratio Rank: 60
KARS Calmar Ratio Rank: 76
KARS Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HAIL vs. KARS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HAIL	KARS	Difference
Sharpe ratio: Return per unit of total volatility	1.41	2.14	-0.73
Sortino ratio: Return per unit of downside risk	1.95	2.68	-0.73
Omega ratio: Gain probability vs. loss probability	1.24	1.35	-0.11
Calmar ratio: Return relative to maximum drawdown	2.32	3.75	-1.43
Martin ratio: Return relative to average drawdown	6.63	13.33	-6.70

HAIL vs. KARS - Sharpe Ratio Comparison

The current HAIL Sharpe Ratio is 1.41, which is lower than the KARS Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of HAIL and KARS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HAIL vs. KARS - Drawdown Comparison

The maximum HAIL drawdown since its inception was -65.98%, roughly equal to the maximum KARS drawdown of -64.85%. Use the drawdown chart below to compare losses from any high point for HAIL and KARS.

Drawdown Indicators

	HAIL	KARS	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-64.85%	-1.13%
Max Drawdown (1Y) Largest decline over 1 year	-18.64%	-15.68%	-2.96%
Max Drawdown (3Y) Largest decline over 3 years	-40.96%	-47.79%	+6.83%
Max Drawdown (5Y) Largest decline over 5 years	-63.01%	-64.85%	+1.84%
Current Drawdown Current decline from peak	-36.25%	-33.11%	-3.14%
Average Drawdown Average peak-to-trough decline	-31.61%	-28.33%	-3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	4.40%	+2.11%

Volatility

HAIL vs. KARS - Volatility Comparison

SPDR S&P Kensho Smart Mobility ETF (HAIL) has a higher volatility of 13.43% compared to KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) at 10.95%. This indicates that HAIL's price experiences larger fluctuations and is considered to be riskier than KARS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAIL	KARS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.43%	10.95%	+2.48%
Volatility (6M) Calculated over the trailing 6-month period	24.53%	20.86%	+3.67%
Volatility (1Y) Calculated over the trailing 1-year period	30.76%	27.51%	+3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.14%	30.04%	+2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.85%	29.38%	+2.47%

HAIL vs. KARS - Expense Ratio Comparison

HAIL has a 0.45% expense ratio, which is lower than KARS's 0.72% expense ratio.

Dividends

HAIL vs. KARS - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 1.82%, more than KARS's 0.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HAIL SPDR S&P Kensho Smart Mobility ETF	1.82%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	0.17%	0.18%	0.78%	0.88%	1.13%	6.73%	0.14%	1.85%	1.38%

Frequently Asked Questions

Can I hold both HAIL and KARS in my portfolio?

HAIL and KARS have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HAIL or KARS?

HAIL has higher volatility (13.43%) compared to KARS (10.95%). In terms of maximum drawdown, HAIL dropped -65.98% vs KARS's -64.85%.

Which ETF is better, HAIL or KARS?

On 5-year performance, KARS leads with -3.75% vs -6.30% for HAIL. On fees, HAIL is cheaper at 0.45% per year. On volatility, KARS has been the lower-risk option at 10.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HAIL or KARS?

Over the 5-year period, KARS has performed better with a -3.75% return vs -6.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HAIL or KARS?

HAIL is cheaper with a 0.45% expense ratio, compared with 0.72% for KARS.

Which ETF pays a higher dividend yield, HAIL or KARS?

HAIL has the higher dividend yield at 1.82%, compared with 0.17% for KARS.

What is the main difference between HAIL and KARS?

HAIL is categorized as Global Equities, while KARS is Industrials Equities. HAIL tracks S&P Kensho Smart Transportation Index, while KARS tracks Bloomberg Electric Vehicles Index. They also come from different issuers: State Street and KraneShares. Their fees differ too: 0.45% for HAIL and 0.72% for KARS.

Which has better risk-adjusted returns?

KARS currently has the higher Sharpe Ratio (2.14 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.