HAIL: STATE STREET(R) SPDR(R) S&P KENSHO SMART MOBILITY ETF
What this ETF is trying to do
The STATE STREET(R) SPDR(R) S&P KENSHO SMART MOBILITY ETF (ticker: HAIL) is an ETF designed to invest in the smart mobility sector. This means it focuses on companies involved in new ways of moving people and goods. The fund holds 88 different companies.
What the numbers show
When looking at this ETF, it is important to know that "price return" and "total return" are different. Price return only shows how much the share price changed. Total return includes those price changes plus any cash payments (distributions) made to investors.
Currently, the price of HAIL is $33.68. An estimated price from roughly one year ago was $36.45. Here is a look at the performance:
• Year-to-Date (YTD): The price return is 1.20%, and the total return is 1.84%.
• One Year: The price return was -7.59%, while the total return was -5.81%.
• Three Years: The price return was 13.58%, and the total return was 21.26%.
• Five Years: The total return was -32.43%.
Income and distribution explanation
HAIL provides a distribution yield of 2.01%. This number describes the cash payments made relative to the ETF's price. These distributions usually happen quarterly, meaning they are paid about four times a year. It is important to remember that a high distribution yield does not mean an investor earned that same percentage as their total return.
NAV erosion explanation
The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
The ETF has an erosion-risk score of 75, which is labeled as "mild price erosion." This is a measurement used to track how much the share price has declined over time. It is not a guarantee that the fund's actual value (NAV) has collapsed.
Pros
• Positive Medium-Term Returns: The three-year total return was 21.26%.
• Diversification: The ETF spreads its money across 88 different holdings.
Cons
• Recent Price Declines: The one-year price return has been negative.
• Long-Term Performance: The five-year total return shows a significant decline of -32.43%.
Top Holdings (Partial List):
• VIA: 3.19%
• Honda Motor Co Ltd ADR: 1.96%
• NVIDIA Corp: 1.79%
• Lyft Inc Class A: 1.76%
• Ambarella Inc: 1.72%
• General Motors Co: 1.68%
• Aurora Innovation Inc Class A: 1.67%
• Aspen Aerogels Inc: 1.66%
• Qualcomm Inc: 1.64%
• Rivian Automotive Inc Class A: 1.62%
*(Note: Holdings can change over time.)*
Beginner takeaway
When researching HAIL, remember to look at both the share price and the total return. While the ETF provides some cash income through distributions, the share price has seen some declines recently. Always check if a fund's long-term history matches your goals.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | VIA | 3.19% |
| 2 | HONDA MOTOR CO LTD ADR | HMC | 1.96% |
| 3 | NVIDIA CORP | NVDA | 1.79% |
| 4 | LYFT INC CLASS A | LYFT | 1.76% |
| 5 | AMBARELLA INC | AMBA | 1.72% |
| 6 | GENERAL MOTORS CO | GM | 1.68% |
| 7 | AURORA INNOVATION INC CLASS A | AUR | 1.67% |
| 8 | ASPEN AEROGELS INC | ASPN | 1.66% |
| 9 | QUALCOMM INC | QCOM | 1.64% |
| 10 | RIVIAN AUTOMOTIVE INC CLASS A | RIVN | 1.62% |