HAIL vs. WRND

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR S&P Kensho Smart Mobility ETF (HAIL) and IQ Global Equity R&D Leaders ETF (WRND).

HAIL and WRND 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. WRND is a passively managed fund by IndexIQ that tracks the performance of the IQ Global Equity R&D Leaders Index - Benchmark TR Net. It was launched on Feb 8, 2022. Both HAIL and WRND are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

HAIL vs. WRND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Smart Mobility ETF (HAIL) and IQ Global Equity R&D Leaders ETF (WRND). The values are adjusted to include any dividend payments, if applicable.

HAIL vs. WRND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HAIL SPDR S&P Kensho Smart Mobility ETF	-0.85%	19.62%	-6.98%	9.65%	-37.35%
WRND IQ Global Equity R&D Leaders ETF	-1.67%	27.72%	13.46%	34.85%	-19.17%

Returns By Period

In the year-to-date period, HAIL achieves a -0.85% return, which is significantly higher than WRND's -1.67% return.

HAIL

• 1D: 1.51%
• 1M: -5.58%
• YTD: -0.85%
• 6M: -7.17%
• 1Y: 29.11%
• 3Y*: 3.74%
• 5Y*: -10.04%
• 10Y*: —

WRND

• 1D: 1.48%
• 1M: -4.99%
• YTD: -1.67%
• 6M: 0.26%
• 1Y: 25.07%
• 3Y*: 18.38%
• 5Y*: —
• 10Y*: —

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

HAIL vs. WRND - Expense Ratio Comparison

HAIL has a 0.45% expense ratio, which is higher than WRND's 0.18% expense ratio.

HAIL

SPDR S&P Kensho Smart Mobility ETF

WRND

IQ Global Equity R&D Leaders ETF

Return for Risk

HAIL vs. WRND — Risk / Return Rank

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

HAIL

HAIL Risk / Return Rank: 49
HAIL Sharpe Ratio Rank: 46
HAIL Sortino Ratio Rank: 51
HAIL Omega Ratio Rank: 43
HAIL Calmar Ratio Rank: 59
HAIL Martin Ratio Rank: 46

WRND

WRND Risk / Return Rank: 66
WRND Sharpe Ratio Rank: 66
WRND Sortino Ratio Rank: 67
WRND Omega Ratio Rank: 63
WRND Calmar Ratio Rank: 69
WRND Martin Ratio Rank: 67

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. WRND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and IQ Global Equity R&D Leaders ETF (WRND). 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.

	HAIL	WRND	Difference
Sharpe ratio Return per unit of total volatility	0.90	1.22	-0.33
Sortino ratio Return per unit of downside risk	1.42	1.79	-0.37
Omega ratio Gain probability vs. loss probability	1.18	1.25	-0.07
Calmar ratio Return relative to maximum drawdown	1.62	1.94	-0.33
Martin ratio Return relative to average drawdown	4.62	7.53	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAIL vs. WRND - Sharpe Ratio Comparison

The current HAIL Sharpe Ratio is 0.90, which is comparable to the WRND Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of HAIL and WRND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HAIL	WRND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	1.22	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.60	-0.50

Correlation

The correlation between HAIL and WRND is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HAIL vs. WRND - Dividend Comparison

HAIL's dividend yield for the trailing twelve months is around 1.91%, more than WRND's 1.17% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HAIL SPDR S&P Kensho Smart Mobility ETF	1.91%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%
WRND IQ Global Equity R&D Leaders ETF	1.17%	1.29%	1.15%	2.06%	2.06%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HAIL vs. WRND - Drawdown Comparison

The maximum HAIL drawdown since its inception was -65.98%, which is greater than WRND's maximum drawdown of -27.16%. Use the drawdown chart below to compare losses from any high point for HAIL and WRND.

Drawdown Indicators

	HAIL	WRND	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-27.16%	-38.82%
Max Drawdown (1Y) Largest decline over 1 year	-18.64%	-12.75%	-5.89%
Max Drawdown (5Y) Largest decline over 5 years	-63.12%	—	—
Current Drawdown Current decline from peak	-47.70%	-7.52%	-40.18%
Average Drawdown Average peak-to-trough decline	-31.44%	-6.17%	-25.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	3.29%	+3.22%

Volatility

HAIL vs. WRND - Volatility Comparison

SPDR S&P Kensho Smart Mobility ETF (HAIL) has a higher volatility of 11.29% compared to IQ Global Equity R&D Leaders ETF (WRND) at 8.05%. This indicates that HAIL's price experiences larger fluctuations and is considered to be riskier than WRND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAIL	WRND	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.29%	8.05%	+3.24%
Volatility (6M) Calculated over the trailing 6-month period	22.87%	13.27%	+9.60%
Volatility (1Y) Calculated over the trailing 1-year period	32.67%	20.63%	+12.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.53%	18.78%	+12.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.70%	18.78%	+12.92%