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KARS vs. HAIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


KARSHAIL
YTD Return-11.13%-12.67%
1Y Return-7.93%-0.57%
3Y Return (Ann)-22.91%-22.83%
5Y Return (Ann)2.53%0.74%
Sharpe Ratio-0.180.08
Sortino Ratio-0.060.31
Omega Ratio0.991.03
Calmar Ratio-0.080.04
Martin Ratio-0.290.21
Ulcer Index17.78%10.79%
Daily Std Dev28.98%27.32%
Max Drawdown-64.60%-61.75%
Current Drawdown-54.83%-58.60%

Correlation

-0.50.00.51.00.8

The correlation between KARS and HAIL is 0.79, 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

In the year-to-date period, KARS achieves a -11.13% return, which is significantly higher than HAIL's -12.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-0.22%
-6.44%
KARS
HAIL

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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.


KARS
KraneShares Electric Vehicles & Future Mobility Index ETF
Expense ratio chart for KARS: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for HAIL: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

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.


KARS
Sharpe ratio
The chart of Sharpe ratio for KARS, currently valued at -0.18, compared to the broader market0.002.004.006.00-0.18
Sortino ratio
The chart of Sortino ratio for KARS, currently valued at -0.06, compared to the broader market0.005.0010.00-0.06
Omega ratio
The chart of Omega ratio for KARS, currently valued at 0.99, compared to the broader market1.001.502.002.503.003.500.99
Calmar ratio
The chart of Calmar ratio for KARS, currently valued at -0.08, compared to the broader market0.005.0010.0015.0020.00-0.08
Martin ratio
The chart of Martin ratio for KARS, currently valued at -0.29, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.29
HAIL
Sharpe ratio
The chart of Sharpe ratio for HAIL, currently valued at 0.08, compared to the broader market0.002.004.006.000.08
Sortino ratio
The chart of Sortino ratio for HAIL, currently valued at 0.31, compared to the broader market0.005.0010.000.31
Omega ratio
The chart of Omega ratio for HAIL, currently valued at 1.03, compared to the broader market1.001.502.002.503.003.501.03
Calmar ratio
The chart of Calmar ratio for HAIL, currently valued at 0.04, compared to the broader market0.005.0010.0015.0020.000.04
Martin ratio
The chart of Martin ratio for HAIL, currently valued at 0.21, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.21

KARS vs. HAIL - Sharpe Ratio Comparison

The current KARS Sharpe Ratio is -0.18, which is lower than the HAIL Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of KARS and HAIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.50JuneJulyAugustSeptemberOctoberNovember
-0.18
0.08
KARS
HAIL

Dividends

KARS vs. HAIL - Dividend Comparison

KARS's dividend yield for the trailing twelve months is around 0.99%, less than HAIL's 3.08% yield.


TTM202320222021202020192018
KARS
KraneShares Electric Vehicles & Future Mobility Index ETF
0.99%0.88%1.13%6.73%0.14%1.85%1.38%
HAIL
SPDR S&P Kensho Smart Mobility ETF
3.08%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 -61.75%. Use the drawdown chart below to compare losses from any high point for KARS and HAIL. For additional features, visit the drawdowns tool.


-65.00%-60.00%-55.00%-50.00%JuneJulyAugustSeptemberOctoberNovember
-54.83%
-58.60%
KARS
HAIL

Volatility

KARS vs. HAIL - Volatility Comparison

KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) has a higher volatility of 12.80% compared to SPDR S&P Kensho Smart Mobility ETF (HAIL) at 7.48%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than HAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
12.80%
7.48%
KARS
HAIL