HAIL vs SPY

HAIL vs SPY

Which is better, HAIL or SPY?

Mid Cap Blend against Large Cap Blend.

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. HAIL is less concentrated, with 18.0% of the fund in its ten largest positions against 38.0%.

Lower Fees: SPYHigher Returns: SPYLess Concentrated: HAIL

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricHAILSPY
Expense Ratio0.45%0.09%Best
AUM$19M$814.4B
Dividend Yield1.74%1.01%
Holdings88505
YTD Return+5.50%+13.34%Best
1Y Return+12.05%+19.97%Best
3Y Return (annualized)+5.74%+21.20%Best
5Y Return (annualized)-6.89%+12.81%Best
Volatility (annualized)32.5%16.4%Best
Max Drawdown-66.3%-34.1%Best
$10,000 over 5 years$6,998$18,270Best
Top 10 Weight18.0%Best38.0%
Fund FamilyState Street Investment ManagementState Street Investment Management
CategoryEquityEquity
StyleMid Cap BlendLarge Cap Blend
InceptionDec 18, 2017Jan 22, 1993

Volatility and max drawdown are measured over the window both funds cover: Dec 27, 2017 to Sep 4, 2026 (8.7 years).

HAIL vs SPY growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.7 years both funds cover.

HAIL vs SPY Performance

State Street SPDR S&P Kensho Smart Mobility ETF (HAIL) is an ETF from State Street Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year HAIL returned +12.05% while SPY returned +19.97%. Year to date, HAIL is up 5.50% versus a gain of 13.34% for SPY.

Over three years, HAIL compounded at +5.74% per year against +21.20% for SPY; over five years the annualized figures are -6.89% and +12.81% respectively. Across the full 9-year window we track, SPY has the edge at +13.92% annualized vs +3.35%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

HAIL has been the more volatile fund, with annualized monthly volatility of 32.5% compared with 16.4% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -66.3% for HAIL and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

HAIL charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, HAIL currently yields 1.74% against 1.01% for SPY.

Holdings Overlap

HAIL already in SPY17.1%
SPY already in HAIL12.9%

17.1% of HAIL's money is in holdings SPY also owns. 12.9% of SPY's money is in holdings HAIL also owns.

HAIL and SPY share little of their money.

15 positions in common, counted across the 88 positions we hold weights for in HAIL and 503 in SPY, against full books of 88 and 505.

What only one of them owns

Our book lists 478 positions for SPY that do not appear in our book for HAIL (86.5% of the fund), and 56 for HAIL that do not appear in SPY (65.2%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in HAILWeight in SPYDifference
NVDANvidia Corp.1.52%7.71%6.19%
GOOGAlphabet, Inc., Class C0.99%2.67%1.68%
TSLATesla Motors Inc1.24%1.38%0.14%
UBERUber Technologies Inc1.51%0.22%1.29%
GMGeneral Motors Co1.60%0.12%1.48%
CMICummins Inc.1.45%0.13%1.32%
QCOMQualcomm1.22%0.26%0.96%
PCARPaccar Inc.1.11%0.11%1.00%
TRMBTrimble Inc. (Trmb):1.10%0.02%1.08%
ONOn Semiconductor Corp1.05%0.05%1.00%

You are not choosing between two funds in isolation.

Whichever of HAIL and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

HAILSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, HAIL or SPY?

HAIL has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option, by $36 a year on a $10,000 investment.

Which performed better, HAIL or SPY?

Over the past year HAIL returned +12.05% vs +19.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (9 years), HAIL annualized +3.35% vs +13.92% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, HAIL or SPY?

HAIL has been the more volatile fund at 32.5% annualized versus 16.4% for SPY. Worst drawdown: HAIL -66.3% vs SPY -34.1%.

Should I hold both HAIL and SPY?

HAIL and SPY have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between HAIL and SPY?

17.1% of HAIL's money is in holdings SPY also owns. 12.9% of SPY's is in holdings HAIL also owns. They hold 15 positions in common, counted across the 88 positions we hold weights for in HAIL and 503 in SPY.

Which pays a higher dividend, HAIL or SPY?

HAIL yields 1.74% while SPY yields 1.01%, so HAIL currently pays the higher dividend yield.

Is SPY better than HAIL?

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. HAIL is less concentrated, with 18.0% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.