Launch Roundup
First Trust listed six income ETFs at 0.85%, and the new fund flagged its own conflict
State Street SPDR S&P Kensho Smart Mobility ETF
$32.94+0.03 (+0.08%)
- 0.45%
- $18M
- −2.9%
- 2.06%
- 0M sh
- $33.66
- low $30.60high $44.80
The ETF.net HAIL Grade
B
Score 69 out of 100
- 4 of 21
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A85 out of 100Rank 3 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 16 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B61 out of 100Rank 8 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A87 out of 100Rank 1 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 7 of 21
Our read on HAIL
BA 2017-vintage bet on how the world moves: self-driving and connected cars, drones, and the software that routes them. Kensho's machine-read index picks the names, at a fee below the typical global thematic fund.
The fund seeks to track the S&P Kensho Smart Transportation Index, which targets companies advancing smart transportation through autonomous and connected vehicles, drones, and advanced transportation tracking and optimization systems.
Why people hold it
- 0.45% a year, below the median fee for global thematic funds. Cheap is rare in a niche this narrow.
- About 90 names across autonomous and connected vehicles, drones, and transport tracking systems, so no single stock has to carry the whole theme.ssga.com
- A defined slice, not a catch-all innovation basket: the index screens for companies actually advancing smart transportation, globally rather than US-only.ssga.com
- Sits in the upper half of its global thematic peer group, with a State Street 1940 Act wrapper and quarterly distributions behind it.
Worth knowing
- Small asset base and thin trading. Spreads can run wider than in the big thematic funds, and that gap is a real cost on the way in and out.
- One theme, all equity, roughly 90 stocks. It has been among the more volatile funds in its cohort and moves with sentiment on mobility tech.
- Cheap for its niche, not cheap outright. Broad global peers like KLMT (0.10%) and PBPH (0.13%) charge a fraction of it for wider mandates.
HAIL Holdings
- Stocks
- 89
- 20%
- VIA
Sectors
- Technology39.1%
- Consumer Discretionary36.1%
- Industrials16.9%
- Communication4.1%
- Materials2.8%
- Energy1.1%
Geography
- United States67.28%
- China9.43%
- Israel4.18%
- Japan3.22%
- Netherlands2.73%
- Canada2.48%
- Singapore2.40%
- Switzerland1.96%
- 6.30%
Developed 49% · Emerging 51%
HAIL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
HAIL$9,706
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HAIL |
|---|---|
| Year to date | −0.5% |
| 1 month | −6.3% |
| 3 months | −12.8% |
| 1 year | −2.9% |
| 3 years | +5.9% |
| 5 years | −8.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HAIL |
|---|---|---|
| 2026 YTD | −0.5% | |
| 2025 | +19.6% | |
| 2024 | −7.0% | |
| 2023 | +9.7% | |
| 2022 | −45.7% | |
| 2021 | +2.0% | |
| 2020 | +84.3% |
HAIL in the news
HAIL Dividends
- 2.06%
- $0.68
- $0.09 per share
- Quarterly
Distribution history
HAIL Risk
- 27.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.16
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −63.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HAIL Cost
0.45%
HAIL0.45%
- The middle half of Global Thematic funds
- Median 0.58%
2 of the 21 Global Thematic funds charge less.
Other funds in Global Thematic
- AAGNGGlobal X - Aging Population ETFExpense ratio 0.50%1 year return +9.3%
- AWRNDNYLI Global Equity R&D Leaders ETFExpense ratio 0.18%1 year return +23.9%
- BICOPiShares Copper and Metals Mining ETFExpense ratio 0.47%1 year return +48.1%
- BTRFKPacer Data and Digital Revolution ETFExpense ratio 0.49%1 year return +42.6%
- CMAKXProShares - S&P Kensho Smart Factories ETFExpense ratio 0.58%1 year return +33.7%