WSGE vs. HAIL

Last updated Jul 2, 2026

WSGE (Warren Street Global Equity ETF) and HAIL (SPDR S&P Kensho Smart Mobility ETF) are both Global Equities funds. WSGE is actively managed, while HAIL is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. WSGE charges 0.80%/yr vs 0.45%/yr for HAIL.

Performance

WSGE vs. HAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Warren Street Global Equity ETF (WSGE) 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, WSGE achieves a 11.68% return, which is significantly lower than HAIL's 19.82% return.

WSGE

• 1D: -0.72%
• 1M: -0.63%
• 6M: 11.68%
• YTD: 11.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HAIL

• 1D: -0.52%
• 1M: -8.03%
• 6M: 19.82%
• YTD: 19.82%
• 1Y: 33.22%
• 3Y*: 8.48%
• 5Y*: -6.28%
• 10Y*: —

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

WSGE vs. HAIL - Yearly Performance Comparison

	2026 (YTD)	2025
WSGE Warren Street Global Equity ETF	11.68%	0.11%
HAIL SPDR S&P Kensho Smart Mobility ETF	19.82%	-2.76%

Correlation

The correlation between WSGE and HAIL is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 9, 2025	0.78

Return for Risk

WSGE vs. HAIL — Risk / Return Rank

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

WSGE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HAIL

HAIL Risk / Return Rank: 35
HAIL Sharpe Ratio Rank: 34
HAIL Sortino Ratio Rank: 33
HAIL Omega Ratio Rank: 32
HAIL Calmar Ratio Rank: 41
HAIL Martin Ratio Rank: 36

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.

WSGE vs. HAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Warren Street Global Equity ETF (WSGE) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WSGE	HAIL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.08	—
Sortino ratio: Return per unit of downside risk	—	1.58	—
Omega ratio: Gain probability vs. loss probability	—	1.19	—
Calmar ratio: Return relative to maximum drawdown	—	1.79	—
Martin ratio: Return relative to average drawdown	—	4.84	—

Drawdowns

WSGE vs. HAIL - Drawdown Comparison

The maximum WSGE drawdown since its inception was -9.25%, smaller than the maximum HAIL drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for WSGE and HAIL.

Drawdown Indicators

	WSGE	HAIL	Difference
Max Drawdown Largest peak-to-trough decline	-9.25%	-65.98%	+56.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-40.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.01%	—
Current Drawdown Current decline from peak	-1.09%	-36.80%	+35.71%
Average Drawdown Average peak-to-trough decline	-1.63%	-31.63%	+30.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.88%	—

Volatility

Volatility by Period

	WSGE	HAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.67%	31.00%	-15.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	32.24%	-16.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	31.87%	-16.20%

WSGE vs. HAIL - Expense Ratio Comparison

WSGE has a 0.80% expense ratio, which is higher than HAIL's 0.45% expense ratio.

Dividends

WSGE vs. HAIL - Dividend Comparison

WSGE's dividend yield for the trailing twelve months is around 0.24%, less than HAIL's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HAIL SPDR S&P Kensho Smart Mobility ETF	1.59%	2.00%	2.98%	2.62%	2.09%	1.36%	0.52%	1.17%	2.54%
WSGE Warren Street Global Equity ETF	0.24%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WSGE and HAIL in my portfolio?

WSGE and HAIL have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WSGE or HAIL?

On fees, HAIL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WSGE or HAIL?

HAIL is cheaper with a 0.45% expense ratio, compared with 0.80% for WSGE.

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

HAIL has the higher dividend yield at 1.59%, compared with 0.24% for WSGE.

What is the main difference between WSGE and HAIL?

They also come from different issuers: Warren Street and State Street. Their fees differ too: 0.80% for WSGE and 0.45% for HAIL.