HAIL vs. RBIL

Last updated Jun 24, 2026

HAIL (SPDR S&P Kensho Smart Mobility ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - HAIL is a Global Equities fund tracking the S&P Kensho Smart Transportation Index, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. Over the past year, HAIL returned 36.55% vs 4.07% for RBIL. At a correlation of -0.18, they often move in opposite directions. HAIL charges 0.45%/yr vs 0.17%/yr for RBIL.

Performance

HAIL vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Smart Mobility ETF (HAIL) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAIL achieves a 16.75% return, which is significantly higher than RBIL's 2.32% return.

HAIL

• 1D: -3.39%
• 1M: -4.49%
• YTD: 16.75%
• 6M: 13.47%
• 1Y: 36.55%
• 3Y*: 9.90%
• 5Y*: -7.00%
• 10Y*: —

RBIL

• 1D: 0.01%
• 1M: -0.19%
• YTD: 2.32%
• 6M: 2.37%
• 1Y: 4.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HAIL vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
HAIL SPDR S&P Kensho Smart Mobility ETF	16.75%	20.07%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.32%	2.85%

Correlation

The correlation between HAIL and RBIL is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	-0.18

Return for Risk

HAIL vs. RBIL — Risk / Return Rank

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

HAIL

HAIL Risk / Return Rank: 36
HAIL Sharpe Ratio Rank: 35
HAIL Sortino Ratio Rank: 34
HAIL Omega Ratio Rank: 32
HAIL Calmar Ratio Rank: 42
HAIL Martin Ratio Rank: 38

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 97
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 96
RBIL Martin Ratio Rank: 97

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. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	1.19	4.35	-3.16
Sortino ratio: Return per unit of downside risk	1.71	6.69	-4.99
Omega ratio: Gain probability vs. loss probability	1.21	2.13	-0.92
Calmar ratio: Return relative to maximum drawdown	1.97	7.82	-5.85
Martin ratio: Return relative to average drawdown	5.59	42.95	-37.37

HAIL vs. RBIL - Sharpe Ratio Comparison

The current HAIL Sharpe Ratio is 1.19, which is lower than the RBIL Sharpe Ratio of 4.35. The chart below compares the historical Sharpe Ratios of HAIL and RBIL, 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. RBIL - Drawdown Comparison

The maximum HAIL drawdown since its inception was -65.98%, which is greater than RBIL's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for HAIL and RBIL.

Drawdown Indicators

	HAIL	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-0.52%	-65.46%
Max Drawdown (1Y) Largest decline over 1 year	-18.64%	-0.52%	-18.12%
Max Drawdown (3Y) Largest decline over 3 years	-40.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.01%	—	—
Current Drawdown Current decline from peak	-38.42%	-0.50%	-37.92%
Average Drawdown Average peak-to-trough decline	-31.61%	-0.07%	-31.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.56%	0.10%	+6.46%

Volatility

HAIL vs. RBIL - Volatility Comparison

SPDR S&P Kensho Smart Mobility ETF (HAIL) has a higher volatility of 13.59% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.36%. This indicates that HAIL's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAIL	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.59%	0.36%	+13.23%
Volatility (6M) Calculated over the trailing 6-month period	24.74%	0.85%	+23.89%
Volatility (1Y) Calculated over the trailing 1-year period	30.90%	0.95%	+29.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.16%	1.07%	+31.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.87%	1.07%	+30.80%

HAIL vs. RBIL - Expense Ratio Comparison

HAIL has a 0.45% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

HAIL vs. RBIL - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 1.64%, less than RBIL's 4.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HAIL SPDR S&P Kensho Smart Mobility ETF	1.64%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.38%	3.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HAIL and RBIL in my portfolio?

HAIL and RBIL have a correlation of -0.17, 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 RBIL?

HAIL has higher volatility (13.59%) compared to RBIL (0.36%). In terms of maximum drawdown, HAIL dropped -65.98% vs RBIL's -0.52%.

Which ETF is better, HAIL or RBIL?

On 1-year performance, HAIL leads with 36.55% vs 4.07% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HAIL or RBIL?

Over the 1-year period, HAIL has performed better with a 36.55% return vs 4.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HAIL or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.45% for HAIL.

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

RBIL has the higher dividend yield at 4.38%, compared with 1.64% for HAIL.

What is the main difference between HAIL and RBIL?

HAIL is categorized as Global Equities, while RBIL is Inflation-Protected Bonds. HAIL tracks S&P Kensho Smart Transportation Index, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: State Street and F/m. Their fees differ too: 0.45% for HAIL and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (4.35 vs 1.19), 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.