HAIL vs. ^GSPC
Compare and contrast key facts about SPDR S&P Kensho Smart Mobility ETF (HAIL) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAIL or ^GSPC.
Correlation
The correlation between HAIL and ^GSPC is 0.73, 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.
Performance
HAIL vs. ^GSPC - Performance Comparison
Key characteristics
HAIL:
-0.12
^GSPC:
2.10
HAIL:
0.02
^GSPC:
2.80
HAIL:
1.00
^GSPC:
1.39
HAIL:
-0.05
^GSPC:
3.09
HAIL:
-0.29
^GSPC:
13.49
HAIL:
11.44%
^GSPC:
1.94%
HAIL:
26.94%
^GSPC:
12.52%
HAIL:
-61.75%
^GSPC:
-56.78%
HAIL:
-56.18%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, HAIL achieves a -7.57% return, which is significantly lower than ^GSPC's 24.34% return.
HAIL
-7.57%
3.97%
4.13%
-5.90%
0.78%
N/A
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
HAIL vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Smart Mobility ETF (HAIL) and S&P 500 (^GSPC). 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.
Drawdowns
HAIL vs. ^GSPC - Drawdown Comparison
The maximum HAIL drawdown since its inception was -61.75%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HAIL and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HAIL vs. ^GSPC - Volatility Comparison
SPDR S&P Kensho Smart Mobility ETF (HAIL) has a higher volatility of 8.28% compared to S&P 500 (^GSPC) at 3.79%. This indicates that HAIL's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.