Continue to site >
Trending ETFs

Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.99

$40.4 M

3.82%

$1.07

0.45%

Vitals

YTD Return

-10.6%

1 yr return

-4.3%

3 Yr Avg Return

-21.4%

5 Yr Avg Return

0.6%

Net Assets

$40.4 M

Holdings in Top 10

25.3%

52 WEEK LOW AND HIGH

$28.9
$25.86
$38.92

Expenses

OPERATING FEES

Expense Ratio 0.45%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 70.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.99

$40.4 M

3.82%

$1.07

0.45%

HAIL - Profile

Distributions

  • YTD Total Return -10.6%
  • 3 Yr Annualized Total Return -21.4%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.49%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    SPDR S&P Kensho Smart Mobility ETF
  • Fund Family Name
    State Street Global Advisors - advised funds
  • Inception Date
    Dec 26, 2017
  • Shares Outstanding
    2340000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kathleen Morgan

Fund Description

In seeking to track the performance of the S&P Kensho Smart Transportation Index (the “Index”), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. (“SSGA FM” or the “Adviser”), the investment adviser to the Fund, either may invest the Fund’s assets in a subset of securities in the Index or may invest the Fund’s assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective.
Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser). In seeking to track the Index, the Fund’s assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Futures contracts (a type of derivative instrument) may be used by the Fund in seeking performance that corresponds to the Index and in managing cash flows.
The Index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Smart Transportation sector as determined by a classification standard produced by S&P Dow Jones Indices LLC (the “Index Provider”). The Index is designed to capture companies whose products and services are driving innovation behind smart transportation. In particular, the Index comprises the components of the S&P Kensho Autonomous Vehicles Index, the S&P Kensho Advanced Transport Systems Index, the S&P Kensho Electric
Vehicles Index and the civilian/commercially focused components of the S&P Kensho Drones Index (the “Underlying Indexes”) as of the Index’s reconstitution reference date. The Underlying Indexes are subject to the following liquidity thresholds for each component: (i) must have a share price of at least USD $1.00; (ii) must be issued by a company with a minimum float market capitalization of at least $100 million; and (iii) must have a minimum three-month average daily traded value of at least $1 million. The S&P Kensho Autonomous Vehicles Index seeks to track companies that build autonomous and connected vehicles and that provide the products and services that enable these vehicles to become more efficient and intelligent, or are a necessary component of the supply chain for such products and services. The S&P Kensho Advanced Transport Systems Index seeks to track companies that produce products and services that optimize the efficiency of managing large fleets of vehicles, cargo transportation, and mass transit, or are a necessary component of the supply chain for such products and services. The S&P Kensho Electric Vehicles Index seeks to track companies that produce products and services related to the development of electric vehicles, clean fuel systems, and related systems, or are a necessary component of the supply chain for such products and services. The S&P Kensho Drones Index seeks to track companies that produce products and services related to the remotely-operated or unmanned aerial, underwater and surface-level drones market and related subsystems, or are a necessary component of the supply chain for such products and services.
To determine the constituents of the Underlying Indexes, the Index Provider’s classification standard utilizes an automated scan of companies’ most recent regulatory filings with the U.S. Securities and Exchange Commission on Form 10‑K, Form 20‑F, Form 40‑F, or Form S‑1, as applicable, maintained in the S&P Market Intelligence United Document Repository, to identify specific search terms and phrases that describe a company as producing products and services related to the particular segment targeted by the Underlying Index. The resulting list of eligible securities for each Underlying Index is then filtered by eliminating companies that do not include in their regulatory filings a reference to a product or service that (i) is related to a search term or phrase and (ii) is used in a manner that is within the scope of the Underlying Index’s objective. Each Underlying Index then screens the remaining securities to remove securities that are not listed on NYSE, NASDAQ, or CBOE exchanges (or an affiliate of one of those exchanges) or do not meet certain minimum liquidity thresholds. The Index Provider’s Index Committee then reviews each remaining eligible constituent to verify the rules of the automated scan were implemented correctly.
Underlying Index constituents are then categorized as either “Core” or “Non‑Core.” A company is categorized as Core if its products and services related to the Underlying Index’s objective are identified in its regulatory filings as principal components of the company’s strategy. Products and services are deemed to be principal components of a company’s strategy if the company’s regulatory filing disclosures regarding such products and services are determined to
be sufficiently prominent according to a proprietary algorithm of the Index Provider which calculates prominence based on the frequency and position of such disclosures within regulatory filings. A company may also be categorized as Core if the Index Provider determines that the majority of the company’s revenue is derived from products and services related to the Underlying Index’s objective as indicated by the company’s reported business segments, which is assessed by scanning the S&P Capital IQ Database for annual fiscal year revenue segment reporting. All other companies are categorized as Non‑Core, including companies whose products and services are identified as forming a necessary component of the supply chain of the segment targeted by the Underlying Index. An Index constituent categorized as Core by at least one of the Underlying Indexes will be categorized as Core for purposes of the Index. To tilt the Index’s exposure toward Core Index Constituents, at the time of each rebalance the aggregate weighting of Core Index Constituents is based on the proportion of the number of Core Index Constituents, plus an overweight factor of up to 20%. At the time of each rebalance, each Core Index Constituent and Non‑Core Index Constituent is equally weighted within the group of Core Index Constituents and Non‑Core Index Constituents, respectively, subject to liquidity adjustments.
The Index is reconstituted and rebalanced after the close of trading on the third Friday in June with a reference date as of the close of the last trading day in May. In addition, the Index is rebalanced after the close of trading on the third Friday of December with a reference date as of the close of the last trading day in November. In connection with the December rebalance, Index constituents are also evaluated for continued inclusion in the Index if a new eligible regulatory filing has been filed since the last reconstitution review. As of December 15, 2023, the Index comprised 80 securities.
The Index Provider is not affiliated with the Fund or the Adviser. The Index Provider establishes and maintains rules which are used to determine the composition of the Index and relative weightings of the securities in the Index.
Read More

HAIL - Performance

Return Ranking - Trailing

Period HAIL Return Category Return Low Category Return High Rank in Category (%)
YTD -10.6% -10.6% 19.6% 100.00%
1 Yr -4.3% -4.3% 44.8% 100.00%
3 Yr -21.4%* -21.4% 16.6% 100.00%
5 Yr 0.6%* -1.1% 20.1% 99.69%
10 Yr N/A* 2.4% 13.1% 54.10%

* Annualized

Return Ranking - Calendar

Period HAIL Return Category Return Low Category Return High Rank in Category (%)
2023 6.8% -12.9% 28.8% 82.87%
2022 -46.6% -52.6% 20.1% 99.72%
2021 0.7% -43.8% 32.4% 91.48%
2020 82.1% -10.6% 82.1% 0.30%
2019 29.0% -8.5% 37.5% 7.84%

Total Return Ranking - Trailing

Period HAIL Return Category Return Low Category Return High Rank in Category (%)
YTD -10.6% -10.6% 19.6% 100.00%
1 Yr -4.3% -4.3% 44.8% 100.00%
3 Yr -21.4%* -21.4% 16.6% 100.00%
5 Yr 0.6%* -1.1% 20.1% 99.69%
10 Yr N/A* 2.4% 13.1% N/A

* Annualized

Total Return Ranking - Calendar

Period HAIL Return Category Return Low Category Return High Rank in Category (%)
2023 9.7% 1.2% 31.3% 93.37%
2022 -45.7% -45.7% 21.1% 100.00%
2021 2.0% -30.2% 52.8% 99.15%
2020 84.3% -8.4% 84.3% 0.30%
2019 30.6% 1.0% 43.4% 23.51%

HAIL - Holdings

Concentration Analysis

HAIL Category Low Category High HAIL % Rank
Net Assets 40.4 M 728 K 160 B 90.51%
Number of Holdings 83 1 2609 51.22%
Net Assets in Top 10 11.1 M 155 K 11.7 B 88.62%
Weighting of Top 10 25.27% 3.4% 100.0% 38.59%

Top 10 Holdings

  1. State Street Navigator Securities Lending Government Money Market Portfolio 9.40%
  2. Aurora Innovation Inc 2.37%
  3. Aspen Aerogels Inc 1.76%
  4. Luminar Technologies Inc 1.74%
  5. ANSYS Inc 1.72%
  6. Rivian Automotive Inc 1.71%
  7. Garrett Motion Inc 1.67%
  8. Fisker Inc 1.66%
  9. Lyft Inc 1.64%
  10. Blink Charging Co 1.59%

Asset Allocation

Weighting Return Low Return High HAIL % Rank
Stocks
99.82% 14.60% 104.46% 12.47%
Cash
9.47% 0.00% 30.96% 3.25%
Preferred Stocks
0.00% 0.00% 14.30% 46.34%
Other
0.00% -1.04% 23.02% 58.27%
Convertible Bonds
0.00% 0.00% 1.78% 46.07%
Bonds
0.00% 0.00% 62.14% 50.68%

Stock Sector Breakdown

Weighting Return Low Return High HAIL % Rank
Consumer Cyclical
46.48% 2.49% 46.48% 0.27%
Technology
28.19% 0.00% 40.65% 1.36%
Industrials
19.75% 0.00% 45.89% 16.03%
Communication Services
3.04% 0.00% 30.98% 38.59%
Basic Materials
1.63% 0.00% 16.35% 90.76%
Financial Services
0.74% 0.00% 46.10% 99.46%
Utilities
0.17% 0.00% 18.97% 82.61%
Real Estate
0.00% 0.00% 25.82% 94.29%
Healthcare
0.00% 0.00% 24.06% 99.46%
Energy
0.00% 0.00% 58.13% 91.58%
Consumer Defense
0.00% 0.00% 32.18% 98.10%

Stock Geographic Breakdown

Weighting Return Low Return High HAIL % Rank
US
99.82% 14.60% 104.46% 8.67%
Non US
0.00% 0.00% 19.95% 54.47%

HAIL - Expenses

Operational Fees

HAIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.03% 35.91% 84.97%
Management Fee 0.45% 0.00% 1.50% 24.52%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

HAIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

HAIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HAIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 70.00% 0.00% 304.00% 80.61%

HAIL - Distributions

Dividend Yield Analysis

HAIL Category Low Category High HAIL % Rank
Dividend Yield 3.82% 0.00% 30.37% 19.78%

Dividend Distribution Analysis

HAIL Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Annual

Net Income Ratio Analysis

HAIL Category Low Category High HAIL % Rank
Net Income Ratio 1.49% -2.06% 3.38% 3.00%

Capital Gain Distribution Analysis

HAIL Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

HAIL - Fund Manager Analysis

Managers

Kathleen Morgan


Start Date

Tenure

Tenure Rank

Dec 18, 2017

4.45

4.5%

Kathleen Morgan, CFA, is a Vice President of SSGA and SSGA FM and a Senior Portfolio Manager in the Global Equity Beta Solutions Group. In this capacity, Ms. Morgan is responsible for the management of various equity index funds that are benchmarked to both domestic and international strategies. Prior to joining SSGA, she worked in Equity Product Management at Wellington Management, conducting independent risk oversight and developing investment product marketing strategy. Prior experience also includes index equity portfolio management at BlackRock. Ms. Morgan holds a Bachelor of Arts degree in Economics from Wellesley College and a Master of Business Administration from The Wharton School at the University of Pennsylvania. She has also earned the Chartered Financial Analyst (CFA) designation.

Mark Krivitsky


Start Date

Tenure

Tenure Rank

Dec 18, 2017

4.45

4.5%

Mr. Krivitsky is a Vice President of SSGA and SSGA FM and a Senior Portfolio Manager in the Global Equity Beta Solutions Group (GEBS) and Tax-Efficient Market Capture Group. He joined the firm in 1996. His previous experience at SSGA includes affiliation with the firm's U.S. Structured Products Operations Group. Mr. Krivitsky began his tenure at State Street Corporation in the Mutual Funds Division in 1992. He has been working in the investment management field since 1991. Mr. Krivitsky holds a Bachelor of Arts in Humanities/Social Sciences from the University of Massachusetts and a Master of Business Administration with a specialization in Finance from the Sawyer School of Management at Suffolk University.

Michael Feehily


Start Date

Tenure

Tenure Rank

Oct 31, 2018

3.58

3.6%

Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 38.44 7.24 5.78