KARS vs. HAIL

Last updated Jun 7, 2026

KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) and HAIL (SPDR S&P Kensho Smart Mobility ETF) are both exchange-traded funds - KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index, while HAIL is a Global Equities fund tracking the S&P Kensho Smart Transportation Index. Both are passively managed. Over the past 5 years, KARS returned -3.92%/yr vs -6.86%/yr for HAIL. A 0.76 correlation means they provide meaningful diversification when combined. KARS charges 0.72%/yr vs 0.45%/yr for HAIL.

Performance

KARS vs. HAIL - Performance Comparison

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

Returns By Period

In the year-to-date period, KARS achieves a 7.21% return, which is significantly lower than HAIL's 21.08% return.

KARS

• 1D: -6.95%
• 1M: -11.51%
• YTD: 7.21%
• 6M: 6.99%
• 1Y: 54.22%
• 3Y*: 3.42%
• 5Y*: -3.92%
• 10Y*: —

HAIL

• 1D: -8.01%
• 1M: 5.85%
• YTD: 21.08%
• 6M: 17.54%
• 1Y: 43.45%
• 3Y*: 11.72%
• 5Y*: -6.86%
• 10Y*: —

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

KARS vs. HAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	7.21%	46.04%	-17.88%	-7.85%	-39.20%	24.11%	71.17%	34.66%	-28.33%
HAIL SPDR S&P Kensho Smart Mobility ETF	21.08%	19.62%	-6.98%	9.65%	-45.72%	1.95%	84.33%	30.63%	-25.09%

Correlation

The correlation between KARS and HAIL is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jan 22, 2018	0.76

The correlation between KARS and HAIL shifts across timeframes, from 0.66 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

KARS vs. HAIL - Sectors Allocation Comparison

Sectors	KARS	HAIL
Consumer Cyclical	34.3%	33.3%
Basic Materials	26.6%	1.2%
Industrials	21.9%	20.1%
Technology	17.2%	32.9%
Communication Services	-	4.8%
Consumer Defensive	-	-
Energy	-	4.5%
Financial Services	-	3.1%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

KARS vs. HAIL — Risk / Return Rank

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

KARS

KARS Risk / Return Rank: 66
KARS Sharpe Ratio Rank: 62
KARS Sortino Ratio Rank: 56
KARS Omega Ratio Rank: 57
KARS Calmar Ratio Rank: 79
KARS Martin Ratio Rank: 78

HAIL

HAIL Risk / Return Rank: 46
HAIL Sharpe Ratio Rank: 46
HAIL Sortino Ratio Rank: 43
HAIL Omega Ratio Rank: 42
HAIL Calmar Ratio Rank: 53
HAIL Martin Ratio Rank: 48

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.

KARS vs. HAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Electric Vehicles and 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	HAIL	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.53	+0.47
Sortino ratio: Return per unit of downside risk	2.54	2.07	+0.47
Omega ratio: Gain probability vs. loss probability	1.34	1.26	+0.08
Calmar ratio: Return relative to maximum drawdown	3.88	2.49	+1.39
Martin ratio: Return relative to average drawdown	14.52	7.48	+7.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KARS vs. HAIL - Sharpe Ratio Comparison

The current KARS Sharpe Ratio is 2.00, which is higher than the HAIL Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of KARS and HAIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KARS	HAIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	1.53	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	-0.22	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.17	-0.01

Drawdowns

KARS vs. HAIL - Drawdown Comparison

The maximum KARS drawdown since its inception was -64.85%, roughly equal to the maximum HAIL drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for KARS and HAIL.

Drawdown Indicators

	KARS	HAIL	Difference
Max Drawdown Largest peak-to-trough decline	-64.85%	-65.98%	+1.13%
Max Drawdown (1Y) Largest decline over 1 year	-13.86%	-18.64%	+4.78%
Max Drawdown (3Y) Largest decline over 3 years	-47.79%	-40.96%	-6.83%
Max Drawdown (5Y) Largest decline over 5 years	-64.85%	-63.12%	-1.73%
Current Drawdown Current decline from peak	-34.65%	-36.14%	+1.49%
Average Drawdown Average peak-to-trough decline	-28.32%	-31.60%	+3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.69%	6.19%	-2.50%

Volatility

KARS vs. HAIL - Volatility Comparison

The current volatility for KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is 11.02%, while SPDR S&P Kensho Smart Mobility ETF (HAIL) has a volatility of 13.79%. 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.

Volatility by Period

	KARS	HAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.02%	13.79%	-2.77%
Volatility (6M) Calculated over the trailing 6-month period	20.05%	23.81%	-3.76%
Volatility (1Y) Calculated over the trailing 1-year period	26.87%	30.37%	-3.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.93%	31.99%	-2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.38%	31.84%	-2.46%

KARS vs. HAIL - Expense Ratio Comparison

KARS has a 0.72% expense ratio, which is higher than HAIL's 0.45% expense ratio.

Dividends

KARS vs. HAIL - Dividend Comparison

KARS's dividend yield for the trailing twelve months is around 0.17%, less than HAIL's 1.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HAIL SPDR S&P Kensho Smart Mobility ETF	1.56%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	0.17%	0.18%	0.78%	0.88%	1.13%	6.73%	0.14%	1.85%	1.38%

Frequently Asked Questions

Can I hold both KARS and HAIL in my portfolio?

KARS and HAIL have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KARS or HAIL?

HAIL has higher volatility (13.79%) compared to KARS (11.02%). In terms of maximum drawdown, KARS dropped -64.85% vs HAIL's -65.98%.

Which ETF is better, KARS or HAIL?

On 5-year performance, KARS leads with -3.92% vs -6.86% for HAIL. On fees, HAIL is cheaper at 0.45% per year. On volatility, KARS has been the lower-risk option at 11.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KARS or HAIL?

Over the 5-year period, KARS has performed better with a -3.92% return vs -6.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KARS or HAIL?

HAIL is cheaper with a 0.45% expense ratio, compared with 0.72% for KARS.

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

HAIL has the higher dividend yield at 1.56%, compared with 0.17% for KARS.

What is the main difference between KARS and HAIL?

KARS is categorized as Industrials Equities, while HAIL is Global Equities. KARS tracks Bloomberg Electric Vehicles Index, while HAIL tracks S&P Kensho Smart Transportation Index. They also come from different issuers: KraneShares and State Street. Their fees differ too: 0.72% for KARS and 0.45% for HAIL.

Which has better risk-adjusted returns?

KARS currently has the higher Sharpe Ratio (2.00 vs 1.53), 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.