- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Dec 27, 2017
- Business
- SPDR S&P Kensho Smart Mobility ETF (HAIL) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Smart Transportation Index. The fund tracks an equal-weighted index comprising U.S.-listed companies involved in autonomous vehicle technology, drone technology, advanced transportation tracking, and transport optimization systems; its portfolio includes holdings such as Lumentum Holdings Inc., Ballard Power Systems Inc., Garrett Motion Inc., Cummins Inc., General Motors Co., Tesla Inc., NVIDIA Corp., Uber Technologies Inc., and Rivian Automotive Inc., among approximately 80 securities spanning electric vehicles, sensors, semiconductors, ride-sharing platforms, and aviation technologies. HAIL operates in the thematic equity segment targeting investors interested in smart mobility innovations, with shares primarily traded on the NYSE Arca exchange.
Launched on December 26, 2017, the ETF is issued and managed by State Street Global Advisors (SSGA), a division of State Street Corporation, with headquarters in Boston, Massachusetts. The fund maintains a gross expense ratio as disclosed in its prospectus and focuses on U.S.-listed equities without specified international geographic operations beyond its holdings' global reach.
In recent developments as of late 2025, the ETF's assets under management stand at approximately $20.18 million, reflecting ongoing portfolio rebalancing to capture evolving smart mobility trends, including increased weightings in autonomous driving leaders like Pony AI Inc. and Nebius Group NV amid sector advancements. No major acquisitions, funding rounds, partnerships, or strategic shifts specific to the ETF have been announced in the past 1-2 years; however, the underlying S&P Kensho Smart Transportation Index continues to adapt to innovations in electric and autonomous transportation, as evidenced by dynamic holdings updates.