KARS vs. HAIL
Compare and contrast key facts about KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) and SPDR S&P Kensho Smart Mobility ETF (HAIL).
KARS and HAIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KARS is a passively managed fund by CICC that tracks the performance of the KARS-US - Bloomberg Electric Vehicles Index. It was launched on Jan 18, 2018. 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. Both KARS and HAIL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KARS or HAIL.
Correlation
The correlation between KARS and HAIL is 0.78, 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
KARS vs. HAIL - Performance Comparison
Key characteristics
KARS:
-0.00
HAIL:
0.41
KARS:
0.22
HAIL:
0.73
KARS:
1.03
HAIL:
1.09
KARS:
-0.00
HAIL:
0.18
KARS:
-0.01
HAIL:
1.16
KARS:
11.58%
HAIL:
9.45%
KARS:
30.82%
HAIL:
26.98%
KARS:
-64.60%
HAIL:
-61.76%
KARS:
-56.65%
HAIL:
-55.07%
Returns By Period
In the year-to-date period, KARS achieves a 3.85% return, which is significantly higher than HAIL's 1.90% return.
KARS
3.85%
1.05%
9.32%
0.54%
-0.93%
N/A
HAIL
1.90%
2.56%
-1.80%
8.71%
0.26%
N/A
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KARS vs. HAIL - Expense Ratio Comparison
KARS has a 0.70% expense ratio, which is higher than HAIL's 0.45% expense ratio.
Risk-Adjusted Performance
KARS vs. HAIL — Risk-Adjusted Performance Rank
KARS
HAIL
KARS vs. HAIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) and SPDR S&P Kensho Smart Mobility ETF (HAIL). 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.
Dividends
KARS vs. HAIL - Dividend Comparison
KARS's dividend yield for the trailing twelve months is around 0.75%, less than HAIL's 2.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles & Future Mobility Index ETF | 0.75% | 0.78% | 0.88% | 1.13% | 6.73% | 0.14% | 1.85% | 1.39% |
HAIL SPDR S&P Kensho Smart Mobility ETF | 2.92% | 2.97% | 2.62% | 2.09% | 1.36% | 0.52% | 1.17% | 2.54% |
Drawdowns
KARS vs. HAIL - Drawdown Comparison
The maximum KARS drawdown since its inception was -64.60%, roughly equal to the maximum HAIL drawdown of -61.76%. Use the drawdown chart below to compare losses from any high point for KARS and HAIL. For additional features, visit the drawdowns tool.
Volatility
KARS vs. HAIL - Volatility Comparison
The current volatility for KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) is 7.23%, while SPDR S&P Kensho Smart Mobility ETF (HAIL) has a volatility of 9.80%. This indicates that KARS experiences smaller price fluctuations and is considered to be less risky than HAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.