HAIL vs. VOLT

Last updated Aug 4, 2026

HAIL (SPDR S&P Kensho Smart Mobility ETF) and VOLT (Tema Electrification ETF) are both Global Equities funds. HAIL is passively managed, while VOLT is actively managed. Over the past year, HAIL returned 24.40% vs 40.13% for VOLT. Their 0.64 correlation means they have sometimes moved together and sometimes differently. HAIL charges 0.45%/yr vs 0.75%/yr for VOLT.

Performance

HAIL vs. VOLT - Performance Comparison

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

Returns By Period

In the year-to-date period, HAIL achieves a 11.97% return, which is significantly lower than VOLT's 30.27% return.

HAIL

• 1D: 1.90%
• 1M: -3.51%
• 6M: 7.47%
• YTD: 11.97%
• 1Y: 24.40%
• 3Y*: 2.93%
• 5Y*: -6.32%
• 10Y*: —
• ALL TIME*: 4.40%

VOLT

• 1D: 1.54%
• 1M: -3.80%
• 6M: 15.87%
• YTD: 30.27%
• 1Y: 40.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 27.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HAIL SPDR S&P Kensho Smart Mobility ETF	$27.63K	$158.03K	$150.74K
VOLT Tema Electrification ETF	$11.23M	$11.22M	$15.49M

HAIL vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HAIL SPDR S&P Kensho Smart Mobility ETF	11.97%	19.62%	0.52%
VOLT Tema Electrification ETF	30.27%	25.92%	-8.98%

Correlation

The correlation between HAIL and VOLT is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.61
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.64

The correlation between HAIL and VOLT has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.

HAIL vs. VOLT - Sectors Allocation Comparison

Sectors	HAIL	VOLT
Technology	37.8%	14.1%
Consumer Cyclical	36.2%	2.6%
Industrials	20.3%	50.4%
Communication Services	4.0%	-
Financial Services	3.1%	0.5%
Basic Materials	0.8%	1.4%
Energy	0.8%	4.7%
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	28.2%

Return for Risk

HAIL vs. VOLT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HAIL

HAIL Risk / Return Rank: 31
HAIL Sharpe Ratio Rank: 31
HAIL Sortino Ratio Rank: 31
HAIL Omega Ratio Rank: 30
HAIL Calmar Ratio Rank: 34
HAIL Martin Ratio Rank: 31

VOLT

VOLT Risk / Return Rank: 67
VOLT Sharpe Ratio Rank: 70
VOLT Sortino Ratio Rank: 65
VOLT Omega Ratio Rank: 64
VOLT Calmar Ratio Rank: 65
VOLT Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HAIL vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and Tema Electrification ETF (VOLT). 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	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	0.77	1.65	-0.88
Sortino ratio: Return per unit of downside risk	1.22	2.20	-0.98
Omega ratio: Gain probability vs. loss probability	1.15	1.28	-0.13
Calmar ratio: Return relative to maximum drawdown	1.18	2.34	-1.16
Martin ratio: Return relative to average drawdown	2.90	8.84	-5.94

HAIL vs. VOLT - Sharpe Ratio Comparison

The current HAIL Sharpe Ratio is 0.77, which is lower than the VOLT Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of HAIL and VOLT, 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. VOLT - Drawdown Comparison

The maximum HAIL drawdown since its inception was -65.98%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for HAIL and VOLT.

Drawdown Indicators

	HAIL	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-23.40%	-42.58%
Max Drawdown (1Y) Largest decline over 1 year	-20.80%	-17.22%	-3.58%
Max Drawdown (3Y) Largest decline over 3 years	-37.18%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.01%	—	—
Current Drawdown Current decline from peak	-40.94%	-10.39%	-30.55%
Average Drawdown Average peak-to-trough decline	-31.73%	-5.35%	-26.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.43%	4.55%	+3.88%

Volatility

HAIL vs. VOLT - Volatility Comparison

SPDR S&P Kensho Smart Mobility ETF (HAIL) and Tema Electrification ETF (VOLT) have volatilities of 9.36% and 9.72%, 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.

Volatility by Period

	HAIL	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.36%	9.72%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	25.47%	21.11%	+4.36%
Volatility (1Y) Calculated over the trailing 1-year period	32.00%	24.49%	+7.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.33%	25.46%	+6.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.88%	25.46%	+6.42%

HAIL vs. VOLT - Expense Ratio Comparison

HAIL has a 0.45% expense ratio, which is lower than VOLT's 0.75% expense ratio.

Dividends

HAIL vs. VOLT - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 1.71%, more than VOLT's 0.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HAIL SPDR S&P Kensho Smart Mobility ETF	1.71%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%
VOLT Tema Electrification ETF	0.35%	0.46%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HAIL and VOLT in my portfolio?

HAIL and VOLT have a correlation of 0.61, 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 VOLT?

VOLT has higher volatility (9.72%) compared to HAIL (9.36%). In terms of maximum drawdown, HAIL dropped -65.98% vs VOLT's -23.40%.

Which ETF is better, HAIL or VOLT?

On 1-year performance, VOLT leads with 40.13% vs 24.40% for HAIL. On fees, HAIL is cheaper at 0.45% per year. On volatility, HAIL has been the lower-risk option at 9.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HAIL or VOLT?

Over the 1-year period, VOLT has performed better with a 40.13% return vs 24.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HAIL or VOLT?

HAIL is cheaper with a 0.45% expense ratio, compared with 0.75% for VOLT.

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

HAIL has the higher dividend yield at 1.71%, compared with 0.35% for VOLT.

What is the main difference between HAIL and VOLT?

They also come from different issuers: State Street and Tema. Their fees differ too: 0.45% for HAIL and 0.75% for VOLT.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (1.65 vs 0.77), 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.